Internal Assessment Test 2

Entrepreneurship Development BU 3RD

Semester
Section A
MCQs

20 30 secs each

20 Marks

1. Entrepreneurship acts as a positive

force in economic growth by serving
as a bridge between
a. Venture capitalist & consumer
b. Innovation & marketplace
c. Government & suppliers
d. None of the above

2. Seeing an unfulfilled need in the

marketplace
a. Pull influence toward
entrepreneurship
b. Push influence toward
entrepreneurship
c. Push & Pull influence toward
entrepreneurship
d. None of the above

3. Some business plans fail because

a. Goals set are not measurable
b. Lack of commitment on the part of
entrepreneur
c. Family members involved in the
business
d. (a) & (c) above
e. (a) & (b) above
f. (a), (b) & (c) above

4. Entrepreneurs take financial,

----------- & ------- risks.
a. Psychological, Social
b. Psychological, Environmental
c. Social, Environmental
d. None of the above

5. What is the most common reason

why people start new businesses?
a. To get rich
b. Because they dont want to work for
someone else
c. Because they have no other
alternative
d. To work fewer hours

6.
a.
b.
c.
d.

Who prepares the Business Plan?

Consultant
Entrepreneur
Financier
All together

7. Rate of return discounted reduce

NPV to zero
a. Average rate of return
b. Internal rate of return
c. NPV method
d. None of the above

8. Helps start-up businesses with

necessary resources & support
a. Intrapreneur
b. Incubator
c. Inventor
d. None of the above

9. MSME sector accounts

approximately
a.
b.
c.
d.

40%
60%
70%
80%

of
of
of
of

total
total
total
total

exports
exports
exports
exports

10. Entrepreneurs tend to fall in love

with
a.
b.
c.
d.
e.

New ideas
New employees
New manufacturing processes
New financial plans
All of the above

11. Beyond the control of the

entrepreneur
a.
b.
c.
d.

Induced sickness
Genuine sickness
Incipient sickness
Chronic sickness

12. Opportunity + _______ = todays

entrepreneur
a.
b.
c.
d.

Achievement
Alertness
Action
Ability

13. Pick the odd one out

a. Identification and evaluation of
opportunity
b. Develop a business plan
c. Determine and arrange resources
d. Recruit manpower
e. Manage the enterprise

14. Entrepreneurs typically form

a.
b.
c.
d.
e.

Service businesses
Manufacturing companies
Financial companies
Construction companies
A variety of ventures

15. Which one is not a disadvantage of

entrepreneurship.
a. Risky
b. Uncertain income
c. You are the boss
d. Working long hours

16. Which one is not an advantage of

entrepreneurship.
a. Can choose business of interest
b. Can be creative
c. Make a lot of money
d. You have to make decisions alone

17. What type of entrepreneurial

business actually produce the
products they sell?
a. Manufacturing
b. Wholesaling
c. Retailing
d. Service

18. What type of entrepreneurial

business actually sells the products
to people other than the final
customer?
a. Manufacturing
b. Wholesaling
c. Retailing
d. Service

19. Fired by big IT company and

started his own IT company
a. Narayan Murthy
b. Phaneesh Murthy
c. Krishna Murthy
d. Vivek Paul

20. Voluntary association of individuals

a. Proprietorship
b. Public limited companies
c. Cooperatives
d. Public sector companies

Internal Assessment Test 2

Entrepreneurship Development BU 3RD Semester
Section B
Briefly explain the concepts 10

25 Mins 20 Marks

Intrapreneur

Bankruptcy

Bridge Finance

Factoring

Angel Investor

Bootstrapping

LBO

QIP

BIFR

1
0

Payback period

Internal Assessment Test 2

Entrepreneurship Development BU 3RD Semester
Section C
Match the 2 sides

04 5 Mins each 40 Marks

Pick (a) from left hand side, get the correct answer
to match the same from the right hand side and
write the answer as per the following example:
Q1
(a)-- (b)
(b)-- (e)
and so on

Question - 1
a. Devi Shetty
b. Anu Aga
c. Warren Buffet
d. Shiv Nadar
e. Larry Ellison
f. Meraj Manal
g. Siddhartha
h. Preeta Reddy
i Subroto Bagchi
j. Larry Page

a. Hathway
b. Google
c. Oracle
d. Mind Tree
e. Narayana Hridayalaya
f. Caf Coffee Day
g. Apollo Hospital
h. Thermax
i. HCL
j. Himalaya Drugs

Question - 2
a. Shahnaz
b. Dr Venkataswamy
c. Tulsi Tanti
d. Narendra Murkumbi
e. Chetan Maini
f. Vandana Luthra
g. Ramesh Ramanathan
h. Mary Kay Ash
i. Jeff Bezos
j. Amar Bose

a. Sugar
b. Wind Energy
c. Body fitness
d. Healthcare
e. Social issues
f. Cosmetics
g. Virtual bookstore
h. Sound systems
i. Herbal cosmetics
j. Green Cars

Question - 3
a. Warren Buffet

a. Not for bread alone

b. Eiji Toyoda

b. Imagining India

c. Richard Branson

c. Made in America

d. Capt. Gopinath

d. Made in Japan

e. Konosuke Matsushita

e. The professional

f. Nandan Nilekani

f. Whatever the odds

g. Sam Walton

g. The Snowball

h. Akio Morita

h. Losing my virginity

i. Subroto Bagchi

i. Simplifly

j. Kushal Pal Singh

j. Toyota : Fifty year in Motion

Question - 4
a. Gururaj Deshpande
b. Anand Mahindra
c. Ananda Krishnan
d. Zhang Yin
e. Lakshmi Mittal
f. Amar Bose
g. Akio Morita
h. Swaraj Paul
i. T.V. Sundaram Iyengar
j. Karsanbhai Patel

a. Japan
b. China
c. U.K
d. U.S
e. India (Gujarat)
f. India (Tamilnadu)
g. India (Maharashtra)
h. Canada
i. Malaysia
j. Luxembourg

Section D 20 Marks
15 Minutes
Expand
1. EDP
2. NAYE
3. EDI
4. NABARD
5. FGE
6. BIFR
7. SIDBI
8. FII
9. SISI
10. FIPB

11.
12.
13.
14.
15.
16.
17.
18.
19.
20.

MSME
EOU
SFC
DIC
AWAKE
LPG
NSIC
NEN
TUF
WEF