Unit - 4

Unit - 4

University

20 Qs

quiz-placeholder

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Unit - 4

Unit - 4

Assessment

Quiz

Other

University

Practice Problem

Hard

Created by

SWATI RAWAT

Used 3+ times

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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a crucial step in transforming an idea into a reality?

Market research

Funding the venture

Procrastinating on the idea

Developing a business plan

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

----------- determines the resource requirements of the project.

Network analysis

Input analysis

Financial analysis

Project appraisal

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following statements best describes a feasible entrepreneurial project?

There is a clear market demand, a viable production plan, and realistic financial projections

The idea is innovative but lacks a clear market need

The financial projections show high profits but unrealistic costs

The entrepreneur has passion for the idea but limited technical expertise

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following statements about a project report is MOST accurate?

It is a static document that does not need to be updated.

It is only necessary for very large and complex ventures.

It should be constantly revised as the business plan evolves.

It should be kept confidential and not shared with anyone.

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

The process of identifying a problem or opportunity and creating a solution is called:

Market validation

Ideation

Project appraisal

Financial planning

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Projects based on the scale of operation are classified as:

Public vs. Private

Large, Medium, Small

Manufacturing vs. Service

Profit-driven vs. Social

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

You're developing a new mobile app to help people learn a language. This project would likely be classified as which of the following based on its purpose?

Operational

Strategic

Maintenance

Research and Development

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