Top 350+ Solved Entrepreneurship Development (ED) MCQ Questions Answer
Q. ………………………applied the word entrepreneur to business for the first time.
a. robert owen
b. joseph schumpeter
c. richard cantillon
d. max weber
Q. ………………………is the drive to achieve a goal.
a. motivation
b. need for achievement
c. competency
d. none of these
Q. ………………………..entrepreneurs are extremely task oriented.
a. technical
b. fabian
c. induced
d. business
Q. …………………………..entrepreneurs neither introduce new changes nor adopt newmethods innovated by others.
a. technical
b. fabian
c. induced
d. business
Q. The term intrapreneur was coined by …………………………. .
a. robert owen
b. joseph schumpeter
c. richard cantillon
d. gifford pinchot
Q. According to Schumpeter, Is the most important function of a modern entrepreneur.
a. innovation,
b. invention,
c. skill,
d. creativity.
Q. Knowledge + Skill + Traits = ………………………………..
a. innovation.
b. competency.
c. skill.
d. creativity.
Q. Social attitude is one of the important problems of a …………………………..Entrepreneur.
a. drone.
b. business.
c. women.
d. adoptive.
Q. The capacity to develop new ideas, concepts and processes is known as :
a. innovation,
b. invention,
c. skill,
d. creativity.
Q. Which of the following risks is borne by the entrepreneur:
a. financial risks,
b. personal risks,
c. psychological risks,
d. all of these
Q. The entrepreneur who does not change the method of production alreadyintroduced is:
a. drone entrepreneur,
b. fabian entrepreneur,
c. classical entrepreneur,
d. none of these.
Q. Person who works within an organization and having entrepreneurial capabilities is:
a. entrepreneur,
b. intrapreneur,
c. manager,
d. chief executive.
Q. Who introduced the term intrapreneur:
a. schumpeter,
b. peter drucker,
c. david mcclelland,
d. gifford pinchot 111.
Q. A micro enterprise is one in which the investment in plant and machinery doesnot exceed Rs. ……………………
a. 25 lakhs
b. 50 lakhs
c. 1 crore
d. 10 lakhs
Q. A small enterprise is one in which the investment in plant and machinery is morethan Rs…………………. But does not exceed Rs………………….. .
a. 10 lakhs / 2 crores
b. 25 lakhs /5crores
c. 5 crores/ 10 crores
d. 2 crores/5 crores