WorksheetsEntrepreneurship & E-Business Pretest
Total questions: 20
Worksheet time: 10mins
Why should an entrepreneur do a feasibility study for starting a new venture:
To identify possible sources of funds
To see if there are possible barriers to success
To estimate the expected sales
To explore potential customers
An individual who initiates, creates and manages a new business can be called _____________.
A leader
A manager
A professional
An entrepreneur
Seed capital assistance is ___________.
A long-term assistance.
A help for the purchase of seeds.
Initial assistance
A short-term assistance
_____________ is a graphical representation of the various activity and event relating to a project.
Network
Scheduling technique.
Logical Model.
Network Diagram
The time period between placing an order its receipt in stock is known as:
Lead time
Carrying time
Shortage time
Over time
Which of the following is a financial asset?
Inventories
Accounts receivable
Equipment
Loan to an associate
Person who works within an organization and having entrepreneurial capabilities is:
entrepreneur
intrapreneur
manager
chief executive.
----- reviews and approves the guidelines for running a corporation, known as corporate governance policies.
The investors
The shareholders
The board of directors
The management team
As the venture gets established and growing, ---- experience is very improtant.
Technical
Financial
Managerial
Marketing
Which of the following is not a personal characteristic often found in entrepreneurs?
Self-Confident
Independent-minded
Follower
Perceptive
Minimum number of members for formation of Public Limited Company is
56
6
7
8
In starting or buying a new business, the higher the rewards, the
risk is then minimized
greater the risk
greater the size of a business
less satsfaction
______ is also referred to as the game plan or road map in business.
Market Plan
Venture report
Business Plan
Legal document
The primary source of financing during the early years of e-commerce was ______________.
bank loans
large retail firms
venture capital funds
initial public offerings
The largest component of a Web site budget is ______________.
system maintenance
system development
content design and development
telecommunications
---- were the first to establish prominent E-commerce brands.
bazzar.com
e-bay and Amazon
e-trade.com
olx
Why would a merchant want to customize products?
To charge a higher price
To decrease costs
It is required in EC
Customers will only accept customized products
All of the following are reasons more people don't shop online except ______________.
lack of trust in online merchants
lack of convenience
inability to touch and feel the product
fear of misuse of personal information
Companies having physical stores as primary retail channel, but also have introduced online offerings are called _____
Virtual merchants
Catalog merchants
Bricks and clicks
Manufacturer-direct
OLX is an example of --- type of e-commerce.
C2B
B2C
C2C
B2B
