Entrepreneurial Skills- Class 9

Entrepreneurial Skills- Class 9

9th Grade

15 Qs

quiz-placeholder

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Entrepreneurial Skills- Class 9

Entrepreneurial Skills- Class 9

Assessment

Quiz

Computers

9th Grade

Practice Problem

Medium

Created by

Suvarna Agarwal

Used 220+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

.................................. can be defined as the creation of a new business venture

Business

Entrepreneurship

Both

None of the above

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

......................................................................... source product s that can be used as raw materials, with the intention of converting these materials to make an end product

Manufacturing businesses

Merchandising Business

Trade Business

Service Business

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Most businesses performs economic activities such as production, distribution, exchange, expansion etc. with the objective of earning a profit. However some businesses have the sole motive of social welfare.

There are no other businesses which have both the motives – social and economic

True

False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

There is no guarantee that the amount invested will come with return or the business will earn a specific amount of profit.

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

......................................... offer value using skills, consultancy, expertise, efficiency etc

Manufacturing Business

Merchandising Business

Trade Business

Services businesses

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

......................................................... involves transfer of ownership or tangible products. Most of the times, in these type of businesses, products are bought at a wholesale price and sold at retail price.

Service Business

Merchandising businesses

Both

None of the above

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Challenges of Entrepreneurship Development

Lack of continued motivation

Lack of formal education

Absence of managerial skills

Lack of finance availability

All of the above

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