Top 250+ Solved Entrepreneurship and Small Business Management MCQ Questions Answer
Q. Which of the following documents is not usually included in the Financial Plan?
a. Statement of cash flows
b. Income statement
c. Price lists from suppliers
d. Projected balance sheet
Q. _______ identifies potential hazards and alternative strategies to meet business plan goals and objectives.
a. Assessment of risk
b. Financial planning
c. Alternative planning analysis
d. The financial plan
Q. All of the following are questions that should be considered in the environmental and industry analysis section of the business plan except:
a. what are total industry sales over the past five years?
b. Who are the nearest competitors?
c. What is my promotional strategy?
d. What is anticipated growth in this industry?
Q. New small business owners have which of the following two common motivations?
a. Be their own bosses, greater reward potential
b. Achieve dependence, less reward potential
c. Achieves dependence, become a stakeholder
d. Be their own bosses, lower reward potential
Q. The other names for a small business include:
a. Entrepreneurial businesses
b. Small businesses
c. Small-to-medium-sized-businesses
d. none
Q. According to development commissioner a sick company should have :
a. Less than 50% capacity utilization
b. More than 50% erosion in net worth
c. Unit has remained closed for a period of more than six months
d. Bank financing is restricted to 25% of networth.
Q. Incipient sickness is not an indication of:
a. Continuous cash losses from year to year and trend is expected to continue in future
b. Continuous losses for last two years
c. Deterioration in the current ratio
d. Gradual erosion in the networth during the previous and current financial years
Q. Industrial sickness occurs as per Kapoor Committee if:
a. Cash losses to a minimum 50% of networth
b. Cash losses to a maximum 50% of peak networth
c. Accumulated cash losses to a minimum 50% of peak networth
d. Cash losses to a maximum 50% of networth
Q. BIFR became operational from:
a. 1st April, 1987
b. 15th May, 1987
c. 1st July, 1987
d. 30th Sept. 1987
Q. Committee concerned with industrial sickness is:
a. Kapoor committee
b. Nayak committee
c. Goswami committee
d. Gupta committee
Q. Nayak Committee was concerned with:
a. Reservation of items
b. Subsidy and incentives
c. Investment ceiling
d. Institutional credit
Q. Which Committee has given focus on cluster system;
a. Kapoor committee
b. Nayak committee
c. Goswami committee
d. AbidHussain Committee
Q. Abolition of Reservations was recommended by:
a. Kapoor committee
b. Nayak committee
c. AbidHussain committee
d. Gupta committee