Top 350+ Solved Entrepreneurship MCQ Questions Answer
Q. Opportunity means a chance to do:
a. new things
b. old things
c. new and old things
d. None of the above
Q. Which of the following is not the factor of internal environmental analysis?
a. Production
b. marketing
c. Competitive
d. Finance
Q. Indirect –action elements of external environment includes:
a. Political
b. legal
c. Socio-cultural
d. All of the above
Q. Internal environment is also called:
a. Specific environment
b. Micro environment
c. Both (a) and (b)
d. None of the above
Q. Good sources of information for an entrepreneur about competitors can be obtained from
a. Websites
b. Product information leaflets
c. Company reports and published accounts
d. All of the above
Q. From the following which one is factor affecting entrepreneurial growth:
a. Social
b. Economic
c. Psychological
d. All of the above
Q. The level at which an individual is viewed by society is called
a. Financial status
b. Qualification
c. Social status
d. Achievement
Q. External environment factor includes:
a. Economic factor
b. Technological factor
c. Social factor
d. All the above
Q. ________ factor is an essential factor of external environment analysis:
a. Physical
b. Competition
c. Financial
d. Organizational
Q. The final step in entrepreneurship development process is:
a. Discovery
b. Developing a business plan
c. Harvesting
d. Managing the company
Q. While identifying the business opportunities the entrepreneur must include:
a. Economic trends
b. Change in customer base
c. Market trends
d. All the above
Q. The most dynamic force, shaping entrepreneurs destiny is:
a. Social factor
b. Technological factor
c. Competitive factor
d. Political factor
Q. Internal environment factors includes:
a. Resources of the organization
b. Board of directors
c. Shareholders
d. All of the above
Q. _____________ may be defined as an attractive project idea:
a. Business opportunity
b. Idea generation
c. Good market
d. Investment