Entrepreneurship MCQ Questions with Answers

Entrepreneurship MCQ Questions with Answers

MCQ on Entrepreneur

Entrepreneurship MCQ Questions with Answers – 1

Also Read Commerce MCQ

1. The word entrepreneur derived from

(a) Entreprena

(b) Enereprise

(c) Entaprena

(d) Entreprendre

Answer (d) Entreprendre

2. The word Entrepreneur was introduced by

(a) M.S dhoni

(b) Mukesh ambani

(c) Jean-Baptiste

(d) Stive jobs

Answer (c) Jean-Baptiste

3. In 16th century entrepreneur word applied to

(a) Leader of NCC

(b) leader of military expedition

(c) Leader of samaj

(d) None of the above

Answer (b) leader of military expedition

4. In 18th century it was used to refer to

(a) Economic activities

(b) Noneconomic activities

(c) Managerial activities

(d) None of the above

Answer (a) Economic activities

5. First time who applied Entrepreneur to the business?

(a) Dj bravo

(b) Jean-Baptiste

(c) Johnson

(d) Richard Cantillon

Answer (d) Richard Cantillon

6. At the same time who Start and runs a Number of business-

(a) Service entrepreneur

(b) Portfolio Entrepreneurs

(c) Private Entrepreneurs

(d) govt. Entrepreneurs

Answer (b) Portfolio Entrepreneurs

7. Which Entrepreneur is not intended in innovative-

(a) Portfolio Entrepreneurs

(b) Novice Entrepreneur

(c) Imitative Entrepreneur

(d) None of the above

Answer (c) Imitative Entrepreneur

8. An Entrepreneur Who Has No Prior Business Ownership Experience –

(a) Novice Entrepreneur

(b) Imitative Entrepreneur

(c) Portfolio Entrepreneurs

(d) None of the above

Answer (a) Novice Entrepreneur

9. First Generation Entrepreneur –

(a) who make a company

(b) who make a organisation

(c) who start an industry with innovative idea and skill

(d) none of the above

Answer (c) who start an industry with innovative idea and skill

10. Agriculture entrepreneurship related to –

(a) Non agriculture activities

(b) Agriculture activities

(c) Both

(d) None of the above

Answer (b) agriculture activities

11. Buying and selling of manufacturing goods related to which entrepreneur

(a) Novice Entrepreneur

(b) Imitative Entrepreneur

(c) Trading entrepreneur

(d) Portfolio Entrepreneurs

Answer (c) Trading entrepreneur

12. An individual who makes change in method of production

(a) Imitative Entrepreneur

(b) Portfolio Entrepreneurs

(c) Novice Entrepreneur

(d) Drone entrepreneur

Answer (d) Drone entrepreneur

13. who start with an idea not for making profit but for social welfare

(a) Social entrepreneur

(b) Imitative Entrepreneur

(c) Drone entrepreneur

(d) Novice Entrepreneur

Answer (a) Social entrepreneur

14. An Entrepreneur who is in the process of starting a new business

(a) Drone entrepreneur

(b) Novice Entrepreneur

(c) Nascent entrepreneur

(d) Social entrepreneur

Answer (c) Nascent entrepreneur

15. which are the function of an entrepreneur ?

(a) Risk bearing

(b) Innovation

(c) Organizing and managing

(d) all of the above

Answer (d) all of the above

16. An entrepreneur enter in to business to improved quality product by their invention and discoveries comes under

(a) Technical entrepreneur

(b) Professional entrepreneur

(c) Novice Entrepreneur

(d) all of the above

Answer (a) Technical entrepreneur

17. An entrepreneur who introduce new idea, methods of production and discovers new market is called as

(a) Technical entrepreneur

(b) Innovative Entrepreneur

(c) Novice Entrepreneur

(d) all of the above

Answer (b) Innovative Entrepreneur

MCQ on Entrepreneurship

Entrepreneurship MCQ Questions with Answers – 2

1. The term “entrepreneur” has been from the

(a) English verb

(b) Greek verb

(c) Italic verb

(d)French verb

Answer (d) French verb

2. Enterprendre means

(a) To struggle

(b) To undertake

(c) To invent

(d) To motivate

Answer (b) To undertake

3. The main Features of entrepreneurship are given below:

(a) Management and Leadership Economic

(b) Economic and dynamic activity

(c) Innovative Activity 

(d) All of the above

Answer (d) All of the above

4. Role of an Entrepreneurship in Economic Development

(a) Promotes Balanced Regional Development

(b) Encourages Capital Formation

(c) Rural Development and Reduction in Migration

(d) All of the above

Answer (d) All of the above

5. Entrepreneurship can……………….the Gross National Product

(a) Increase

(b) Decrease

(c) Neither increase nor decrease

(d) None of the above

Answer (a) Increase

6. Entrepreneurship can ………………..the Unemployment

(a) Increase

(b) Neither increase nor decrease

(c) Decrease

(d) None of the above

Answer (c) Decrease

7. The surroundings of business enterprise which have impact on the growth of business is called

(a) Environment

(b) Surroundings

(c) Both (a) and (b)

(d) None of these

Answer (a) Environment

9. Which of the Following are main non-economic factors:

(a) Social factors

(b) Personality factors

(c) Psychological factors

(d) All of the above

Answer (d) All of the above

10. The economic factors include:

(a) Capital

(b) Education

(c) Family

(d) Caste Factor

Answer (a) Capital

11.Economic environment includs

(a) Economic Condition

(b) Economic Planning

(c) Economic System

(d) All of the above

Answer (d) All of the above

12.Environment is a combination of

(a) Political & economic

(b) Social & cultural

(c) Legal & economic

(d) All of the above

Answer (d) All of the above

13. Changes which take place in environment

(a) Affect all businesses in similar manner

(b) Do not affect

(c) Affect all businesses in different manner

(d) None of these

Answer (c) Affect all businesses in different manner

14. A stable and dynamic political environment play

(a) Positive role in business growth

(b) Negative role in business growth

(c) No role in business growth

(d) None of these

Answer (a) Positive role in business growth

15. entrepreneur is derived from ehich word

(a) enterprendre

(b)enterprise

(c)enterpandro

(d)entreprena

Answer (a) enterprendre

16. Which is the part of entrepreneurship process

(a) Managing the veture

(b) determination of resources required and starting the venture

(c)identifying the evaluation opportunities

(d) All of the above

Answer (d) All of the above

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