Entrepreneurship Management Questions and Answers Part-10

1. The 'T' in a PESTLE analysis refers to ______________.
a) Technology.
b) Time.
c) Training.
d) Talent.

Answer: a

2. Which one of the following describes unemployment?
a) The number of people who voluntarily choose not to work.
b) The number of people who are jobless and are actively seeking work.
c) The number of people who are not actively seeking work.
d) The number of people actively seeking work who find work.

Answer: b

3. Which of the following factors does the macro-environment not include?
a) political and regulatory factors.
b) customer needs in a given market.
c) social and demographic factors.
d) technological changes.

Answer: b

4. Industries producing complete articles for direct consumption & also processing industries is called as ______________.
a) Manufacturing industries.
b) Feeder Industries.
c) Service Industries.
d) Mining or Quarrying.

Answer: a

5. Section 80 HHB provides for a deduction of ____________________ of profits and gains earned by a resident Indian company.
a) 65%.
b) 60%.
c) 55%.
d) 50%

Answer: d

6. The type of diversification in which the company adds up same type of products at the same level of production is ______________.
a) conglomerate diversification.
b) horizontal integration.
c) vertical integration.
d) concentric integration.

Answer: b

7. Seed capital assistance ______________.
a) a long-term assistance.
b) initial assistance
c) a help for the purchase of seeds.
d) a short-term assistance.

Answer: b

8. The policy which emphasized the need of promoting small-scale industries through integrated industrial development is ______________.
a) IPR 1948.
b) IPR 1956.
c) IPR 1977.
d) IPR 1980.

Answer: c

9. A valid definition of a business purpose is to ______________.
a) create a customer.
b) maximize profits.
c) serve the society
d) increase the wealth of the firm.

Answer: b

10. Which of the following securities proves a burden on finances of the company, when company is not earning profits?
a) Equity shares.
b) Preference shares.
c) Redeemable preference shares.
d) Debentures.

Answer: d