Industrial Management Entrepreneurial Development MCQ Questions And Answers Part – 02
Industrial Management |
51. Activities which can be accomplished simultaneously are termed as ___________.
- Preceding Activities.
- Succeeding Activities.
- Concurrent Activities
- Dummy Activities.
52. EST stands for ____________.
- Earliest Start Time.
- Event Start Time.
- Effective Start Time.
- Essential Start Time.
53. Additional time which a non-critical activity can consume without increasing the project duration is called _____________.
- Total Float.
- Free Float
- Independent Float.
- Dependent Float
54. ______________ is an event-oriented approach .
- CPM.
- GERT.
- PERT.
- WASP.
55. _______________ is an activity-oriented approach.
- GERT
- PERT
- CPM
- WASP
56. _______________ is the analysis of costs and benefits of a proposed project with the goal of assuming
a rational allocation of limited funds.
- Project formulation.
- Project evaluation.
- Project appraisal.
- Project Design.
57. ______________ may be defined as the excess of the present value of project cash inflows over that of out
flows.
- Net present value technique.
- Average rate of return.
- Benefit-Cost ratio.
- Internal rate of return
58. Decisions taken by an entrepreneur on behalf of his enterprise are known as _________.
- Organizational decisions.
- Personal decisions.
- Routine decisions.
- Strategic decisions
59. Decisions which are concerned with policy matters and exercise fundamental influence on the
objectives of the organization are called as____________.
- Organizational decisions.
- Personal decisions.
- Routine decisions.
- Strategic decisions.
60. __________________ is a problem -solving technique designed to produce numerous ideas in a short
period
- Synaptic.
- Delphi technique.
- Brain storming.
- Nominal group technique.
61. . __________________ is the systematic development of a project idea for the eventual purpose of
arriving at an investment decision.
- Project identification.
- Project formulation.
- Project feasibility.
- Project evaluation.
62. The process of preparing an inventory of skills needed for effective implementation of the project is
called as ____________.
- Economic viability.
- Financial feasibility.
- Technical feasibility.
- Managerial competence.
63. _______________ implies the availability or otherwise of plant and machinery and technical know
how to produce the product.
- Economic viability.
- Financial feasibility.
- Technical feasibility.
- Managerial competence
64. CPM stands for____________.
- Continuous Path Method.
- Clear Path Method.
- Critical Path Method.
- Critical Probabilistic Method.
65. _______________ is granted to small scale units under section 33B of the Income tax act, 1961.
- Depreciation Allowance.
- Development Debate.
- Investment Allowance.
- Rehabilitation Allowance.
66. DGTD stands for __________.
- Directorate General of Technical Development.
- District General of Technical Development.
- District General of Taxation Deduction.
- Directorate General of Taxation Deduction.
67. A provisional SSI registration certificate is valid for a period of __________.
- four Years.
- three Years.
- two Years.
- one year.
68. National Alliance of Young Entrepreneurs (NAYE) Sponsored an Entrepreneurial Development scheme
with Bank of India in______________.
- January 1920.
- August 1920.
- January 1972.
- August 1972.
69. Which of the following is not one of the 4 Ms?
- motivation.
- management.
- materials.
- money.
70. Which of the list below does not form Intellectual Property?
- Trade marks.
- Patents.
- Tangible assets.
- Copyright.
71. The ‘T’ in a PESTLE analysis refers to ___________.
- Time.
- Technology.
- Training.
- Talent.
72. A business arrangement where one party allows another party to use a business Name and sell its
products or services is known as__________.
- A cooperative.
- A franchise.
- An owner-manager business.
- A limited company.
73. What is the role of a Business Angel?
- To provide small business advice.
- To set up a franchise business.
- To provide capital for business development in exchange for a stake in the Business ownership.
- To assist an entrepreneur to open a lifestyle business.
74. A key aspect of the financial section of the business plan is _________.
- A statement of management skills.
- A realistic sales forecast.
- Production capacity.
- A description of competitors.
75. Which one of the following describes unemployment?
- The number of people who voluntarily choose not to work.
- The number of people who are jobless and are actively seeking work.
- The number of people who are not actively seeking work.
- The number of people actively seeking work who find work.
76. Idea of new product is tested in potential consumers to determine consumer acceptance at _________
stage.
- Concept.
- Product development.
- Test marketing.
- Commercialization.
77. Which one of the following is not considered as one of the building blocks of the model entrepreneur?
- technical skills.
- management competencies.
- business awareness.
- personal attributes.
78. Which of the following factors does the macro-environment not include?
- political and regulatory factors.
- customer needs in a given market.
- social and demographic factors.
- technological changes.
79. Which of the following statements is false? Electronic commerce:
- can allow new ventures to compete on more or less equal terms with large firms.
- can lead to small businesses having reduced contact with its customers.
- is rarely used in small businesses.
- is used in many different industries and markets.
80. Strategic entrepreneurial marketing has been summarized as the 4Is: identification of target markets,
interactive marketing methods, informal intelligence gathering and what is the fourth?
- innovation.
- instructiveness.
- independence.
- internet.
81. An entrepreneur who owns more than one business at a time is called ________.
- an intrapreneur.
- a corporate entrepreneur.
- a portfolio entrepreneur.
- None of the above.
82. Industries producing complete articles for direct consumption & also processing industries is called
as_______________.
- Manufacturing industries.
- Feeder Industries.
- Service Industries.
- Mining or Quarrying.
83. _____________ is primarily concerned with the identification, qualification and evaluation of the project resources.
- Techno-economic analysis.
- Feasibility analysis.
- Input analysis.
- Financial analysis.
84. LOB stands for____________.
- Line of Business.
- Line of Balance.
- Loss of Business.
- Loss of Balance
85. Underestimation of project cost leads to ___________.
- Time under run.
- Cost under run
- Time over run.
- Cost over run
86. New entrepreneurs entering the field of medium industry for the first time can have market studies with
the subsidiary of ___________.
- 75% of the cost or Rs.15000 whichever is less.
- 75% of the cost or Rs.15000 whichever is high
- 50% of the cost or Rs.15000 whichever is less.
- 50% of the cost or Rs.15000 whichever is high
87. Decisions which are concerned with policy matters and exercise fundamental influence on the objectives of the organization are called as____________.
- Organizational decisions.
- Personal decisions.
- Routine decisions.
- Strategic decisions.
88. Section 80 HHB provides for a deduction of ____________________ of profits and gains earned by a resident Indian company.
- 65%.
- 50%
- 55%.
- 60%.
89. Decisions which are non-repetitive and novel nature and required to solve unstructured problem is called as ___________.
- Programmed decisions.
- Non -programmed decisions.
- Routine decisions.
- Strategic decisions.
90. The application for registration of a small scale unit should be submitted to the _______ .
- General manager, DIC.
- Director, DIC.
- General manager. NSIC.
- Director, NSIC.
91. The type of diversification in which the company adds complementary to the existing product or service line is _________.
- conglomerate diversification.
- horizontal integration.
- vertical integration.
- concentric integration.
92. Which of the following is not an aspect of appraisal of term loans by commercial banks?
- Financial feasibility.
- Technical feasibility.
- Economic feasibility.
- Societal feasibility.
93. The type of diversification in which the company adds up same type of products at the same level of production is ____________.
- conglomerate diversification.
- horizontal integration.
- vertical integration.
- concentric integration.
94. When a firm enters into some business which is related with its present business in terms of technology, marketing or both it is called as _____________.
- conglomerate diversification.
- horizontal integration.
- vertical integration.
- concentric integration.
95. When a firm enters into business which is unrelated to its existing business both in terms of technology and marketing ______________.
- conglomerate diversification.
- horizontal integration.
- vertical integration.
- concentric integration
96. District Industries Centers are located ____________.
- in each district.
- in each state.
- only in selected districts.
- only in selected states.
97. The purpose of soft loan scheme is to encourage units to undertake ___________.
- modernization of plant and machinery.
- replacement of plant and machinery.
- renovation of plant and machinery.
- all the above
98. Seed capital assistance ___________.
- a long-term assistance.
- initial assistance
- a help for the purchase of seeds.
- a short-term assistance.
99. EXIM bank is a __________.
- State-level institution.
- Regional -level institution.
- All India institution.
- International institution.
100. DIC is headed by General Manager in the rank of ___________.
- Joint Director of industries.
- Assistant Director of industries.
- Non-departmental officer.
- Departmental officer.