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Entrepreneurship

Total questions: 26

Worksheet time: 22mins

Name
Class
Date
1.

Enter your trade?

4 lines
2.

What does a person need to succeed in life?

a)

money

b)

qualities

c)

power

d)

intelligence

3.

The quality of taking decisions on your own after thinking carefully is

a)

Self Awareness

b)

Self Belief

c)

independence

d)

Grit

4.

The quality of knowing who you are and what you want to do is

a)

Self Awareness

b)

Self Belief

c)

independence

d)

grit

5.

Sama takes orders going door to door and does tailoring work for women's daily work wear.Sama is a

a)

Wage Employee

b)

Entrepreneur

6.

SWOT stands for

a)

Success Weakness Opportunity Threat

b)

Strength Weakness Opportunity Threat

c)

Strength Willingness Opportunity Threat

d)

Strength Weakness Opportunity Talent

7.

Entrepreneurs come up with different and unique ideas for their business to work and grow. This skill of the entrepreneur is being

a)

Ambitious

b)

Creative

c)

A leader

d)

hardworking

8.

An entrepreneur who isn't afraid of taking calculated and informed risks to make their business better is

a)

Leader

b)

Ambitious

c)

A risk taker

d)

Goal focused

9.

An entrepreneur who works hard to achieve his/her goals :

a)

Hardworking

b)

Leader

c)

Ambitious

d)

Goal focused

10.

Entrepreneurs who guide and support their employees to grow the business and be a role model for others are

a)

A leader

b)

A risk taker

c)

Creative

d)

Ambitious

11.

An entrepreneur who keeps thinking of new ways to make the business bigger and better is

a)

Goal focused

b)

Creative

c)

Ambitious

d)

hardworking

12.

An entrepreneur who knows the targets that they are working towards

a)

hardworking

b)

creative

c)

goal focused

d)

Ambitious

13.

A person who is associated with the starting of business is called

a)

merchant

b)

entrepreneur

c)

businessman

d)

sales executive

14.

As compared to small scale business, large scale business require ____

a)

less no of persons

b)

less no of capital

c)

more no of person

d)

small machines and tools

15.

Entrepreneurship is also termed as ______

a)

investor

b)

employer

c)

self employment

d)

employment seeker

16.

In an economic growth role of entrepreneur is to_____

a)

generate unemployment

b)

stagnate standard of living

c)

improve per capita income

d)

unbalance the regional development

17.

Money invested in purchasing of raw materials payment of wages and salaries,rental,electricity etc comes under

a)

working capital

b)

fixed capital

c)

long term capital

d)

capital income

18.

MSME stands for _____

a)

Micro Scale and Medium Enterprises

b)

Macro Small and Medium Enterprises

c)

Micro Small and Medium Enterprises

d)

Minor Small and Medium Enterprises

19.

Paid form of ideas, goods and services are called _____

a)

publicity

b)

goodwill

c)

public relation

d)

advertisement

20.

The enterprises engaged in the production of goods is known as _______

a)

manufacturing enterprise

b)

service enterprises

c)

micro enterprises

d)

macro enterprises

21.

The expansion of GDP is _____

a)

Gross Domestic Product

b)

Godown Demand Product

c)

Grand Demand Product

d)

Giant Domestic Product

22.

The expansion of SIDO is ___

a)

Small Industries Development Organization

b)

Small Income Development Organization

c)

Small Investment Development Organization

d)

Standard Industry Development Organization

23.

What approach is used to gain access to foreign markets and quickly promote an organization interest?

a)

licensing

b)

collaboration

c)

joint venture

d)

technology transfer

24.

Which investment is considered for deciding the status of manufacturing enterprises?

a)

Working Capital

b)

Building and land

c)

plant and machinery

d)

salary of employees

25.

Which one is a correct channel through which marketers can reach customers?

a)

manufacturer-> Retailer->Wholesaler->Customer

b)

manufacturer->Customer-> Retailer

c)

manufacturer-> Retailer->Customer

d)

manufacturer-> Retailer->Customer->Wholesaler

26.

Which one is a web based accounting software designed for modern business?

a)

BUSY

b)

TALLY

c)

WINGS