Entrepreneurship Management

41. An individual who initiates, creates and manages a new business can be called ______________.

  1. A leader
  2. A manager
  3. A professional
  4. An entrepreneur
Correct answer: (D)
An entrepreneur

42. Intellectual Property laws can protect ______________.

  1. Trademarks.
  2. Copyright.
  3. Patents.
  4. All the above.
Correct answer: (D)
All the above.

43. A new venture's business plan is important because ______________.

  1. It helps to persuade others to commit funding to the venture.
  2. Can help demonstrate the viability of the venture.
  3. Provides a guide for business activities by defining objectives.
  4. All the above.
Correct answer: (D)
All the above.

44. Which of the following are described as one of the Big Five personality traits?

  1. tolerance of others.
  2. need for achievement.
  3. propensity to leadership.
  4. locus of control.
Correct answer: (B)
need for achievement.

45. Someone legally appointed to resolve the financial difficulties of an insolvent firm is called ______________.

  1. an administrator.
  2. a predator.
  3. an auditor.
  4. a turnaround consultant.
Correct answer: (A)
an administrator.

46. IFCI stands for ______________.

  1. Industrial finance corporation of India.
  2. Institutional finance corporation of India.
  3. Industrial funding corporation of India.
  4. Indian finance corporation and institution.
Correct answer: (A)
Industrial finance corporation of India.

47. SIPCOT's financial assistance is in the form of ______________.

  1. term loan.
  2. seed capital scheme.
  3. underwriting the capital issues.
  4. All of the above.
Correct answer: (D)
All of the above.

48. EDPs course contents contains ______________.

  1. General introduction to entrepreneurs.
  2. Motivation training.
  3. Managerial skills.
  4. All the above.
Correct answer: (D)
All the above.

49. ______________ is a form of financing especially for funding high technology, high risk and perceived high reward projects

  1. Fixed capital.
  2. Current capital.
  3. Seed capital.
  4. Venture capital.
Correct answer: (D)
Venture capital.

50. ______________ is primarily concerned with the identification of the project demand potential and the selection of the optimal technology.

  1. Techno-economic analysis.
  2. Feasibility analysis.
  3. Input analysis.
  4. Financial analysis.
Correct answer: (A)
Techno-economic analysis.
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