Bihar Board 12th Entrepreneurship Objective Answers Chapter 5 Selection and Setting Up of An Enterprise

Bihar Board 12th Entrepreneurship Objective Questions and Answers

BSEB Bihar Board 12th Entrepreneurship Objective Answers Chapter 5 Selection and Setting Up of An Enterprise

Question 1.
Selection of an enterprise depends on:
(A) Sole Trading
(B) Right of Entrepreneur
(C) Self Ability of Entrepreneur
(D) None of the above
Answer:
(C) Self Ability of Entrepreneur

Question 2.
Easy in formation is:
(A) Sole Trading
(B) Partnership Firm
(C) Joint Stock Company
(D) None of the above
Answer:
(A) Sole Trading

Question 3.
The point which considered while selecting an enterprise is:
(A) Product
(B) Marketing
(C) Availability of Capital
(D) None of the above
Answer:
(C) Availability of Capital

Question 4.
Out of the following which is defined as discovery of business opportunities ?
(A) Product
(B) Promotion
(C) Marketing
(D) Production
Answer:
(B) Promotion

Question 5.
What are the things that enterprise do ? The paths they follow and the decision they take in order to reach certain points and levels of success.
(A) Production
(B) Distribution
(C) Marketing
(D) Strateties
Answer:
(D) Strateties

Question 6.
What creates imperfection in the market which ultimately increases the volume of sales and profit ?
(A) Innovation
(B) Promotion
(C) Marketing
(D) None of the above
Answer:
(A) Innovation

Question 7.
How will you formulate general plan of business ?
(A) By production planning
(B) By cost planning
(C) By Financial Planning
(D) By doing all of the above
Answer:
(D) By doing all of the above

Question 8.
An enterpreneur prefers which form of organisation if production is to be undertaken on small basis ?
(A) Sole Trade
(B) Partnership
(C) Company
(D) None of the above
Answer:
(A) Sole Trade

Question 9.
creates imperfection in the market which ultimately increases the volume of sales and profit.
(A) Promotion
(B) Innovation
(C) Both of the above
(D) None of the above
Answer:
(B) Innovation

Question 10.
is defined as discovery of business opportunities
(A) Marketing
(B) Innovation
(C) Promotion
(D) None of the above
Answer:
(C) Promotion

Question 11.
The of business also determines the form of organisation.
(A) Size
(B) Location
(C) Study
(D) None of the above
Answer:
(A) Size

Question 12.
A successful enterpreneur must possess the quality of the following:
(A) Leadership
(B) Control
(C) Innovation
(D) All of these
Answer:
(D) All of these

Question 13.
Which of the following is a main problem connected with business ?
(A) Profit
(B) Money
(C) Sales
(D) Risk Managements
Answer:
(D) Risk Managements

Question 14.
Out of the following formulating of the general plan of business depends ?
(A) Project Report
(B) Plant and Production Planning
(C) Marketing Planning
(D) Financial Planning
Answer:
(B) Plant and Production Planning