Entrepreneurship Management

51. EST stands for ______________.

  1. Earliest Start Time.
  2. Event Start Time.
  3. Effective Start Time.
  4. Essential Start Time.
Correct answer: (A)
Earliest Start Time.

52. ______________ may be defined as the excess of present value of project cash inflows over that of out flows.

  1. Net present value technique.
  2. Average rate of return.
  3. Benefit-Cost ratio.
  4. Internal rate of return
Correct answer: (A)
Net present value technique.

53. ______________ implies the availability or otherwise of plant and machinery and technical know how to produce the product.

  1. Economic viability.
  2. Financial feasibility.
  3. Technical feasibility.
  4. Managerial competence
Correct answer: (C)
Technical feasibility.

54. Which of the list below does not form Intellectual Property?

  1. Trade marks.
  2. Patents.
  3. Tangible assets.
  4. Copyright.
Correct answer: (C)
Tangible assets.

55. Idea of new product is tested in potential consumers to determine consumer acceptance at ______________ stage.

  1. Concept.
  2. Product development.
  3. Test marketing.
  4. Commercialization.
Correct answer: (C)
Test marketing.

56. Strategic entrepreneurial marketing has been summarised as the 4Is, identification of target markets, interactive marketing methods, informal intelligence gathering and - what is the fourth?

  1. independence.
  2. instructiveness.
  3. innovation.
  4. internet.
Correct answer: (C)
innovation.

57. LOB stands for______________.

  1. Line of Business.
  2. Line of Balance.
  3. Loss of Business.
  4. Loss of Balance
Correct answer: (B)
Line of Balance.

58. Decisions which are non-repetitive and novel nature and required to solve unstructured problem is called as ______________.

  1. Programmed decisions.
  2. Non - programmed decisions.
  3. Routine decisions.
  4. Strategic decisions.
Correct answer: (B)
Non - programmed decisions.

59. When a firm enters into some business which is related with its present business in terms of technology, marketing or both it is called as ______________.

  1. conglomerate diversification.
  2. horizontal integration.
  3. vertical integration.
  4. concentric integration.
Correct answer: (D)
concentric integration.

60. EXIM bank is a ______________.

  1. State-level institution.
  2. Regional - level institution.
  3. All India institution.
  4. International institution.
Correct answer: (C)
All India institution.
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