Entrepreneurship Management Questions and Answers Part-2

1. Gazelles are the firms with:
a) High growth rate
b) M moderate growth rate
c) Zero% growth rate
d) Low growth r

Answer: a

2. Professional support network includes following EXCEPT:
a) Personal affiliations
b) Mentor
c) Friends
d) Trade associations

Answer: c

3. The period in which the money person entered into a contract with the go-between to sell his goods is known as
a) Middle ages
b) 18th century
c) 17th century
d) Earliest period

Answer: d

4. Which one of the Following is not the way by which an entrepreneur can enter into international business?
a) Export
b) Non equity arrangements
c) Direct foreign investment
d) Communication

Answer: d

5. ______________ viewed the entrepreneur as a risk taker who "buy(s) at an uncertain price, therefore operating at a risk".
a) Eli Whitney
b) Edward hariman
c) Richard cantillon
d) Thomas Edison

Answer: c

6. Female entrepreneurs differ from male entrepreneurs in terms of all of the following EXCEPT:
a) Motivation
b) business skills
c) Departure point
d) Goal orientation

Answer: d

7. An entrepreneur into the hosiery business found out the reason his hosiery was not selling was due to its color. What could be the best source of this information?
a) Supplier
b) Retailer
c) Competition
d) Government bureau

Answer: b

8. Which of the following factors does not affect a person for being an entrepreneur?
a) Gender
b) Education
c) Family background
d) values

Answer: c

9. Which of the following factors does not affect a person for being an entrepreneur?
a) Work history
b) Nationality
c) Education
d) Personal values

Answer: b

10. The former USSR received technology and syrup from Pepsi and provided it with Soviet vodka and rights to distribute it in the US. This is an example of:
a) Economic development
b) Balance of payment
c) Barter system
d) International trade

Answer: c