1. Policies
related to Revival of Sick Units are framed by
(A) IIFT
(B) CSIR
(C) SEBI
(D) MSME
2. State
Financial Corporation Act encourages in
(A) Establishing
Industrial Estates
(B) Establishing
small and medium size industries
(C) Establishing
Agricultural Farms
(D) All of the
above
3. The evaluation
of Business activities and behaviour as right or wrong is called
(A) Corporate
Governance
(B) Business
Ethics
(C) Social
Responsibility
(D) None of the
above
4. A market
structure which consists of one buyer and one seller is referred as
(A) Monopsony
(B) Bilateral
monopoly
(C) Monopoly
(D) Duopoly
5. At which stage
of new product development process, the launching of New Product will take
place?
(A) Business
Analysis
(B) Commercialization
(C) Test
Marketing
(D) Marketing
Strategy Development
6. An entrepreneurial
person employed by a corporation and encouraged to be innovative and creative
is referred to as
(A) Competitor
(B) Supplier
(C) Entrepreneur
(D) Intrapreneur
7. Which of the
following provides direction, serves as standards for evaluating performance
and motivates members of the organization?
(A) Mission
(B) Values
(C) Objectives
(D) Goals
8. Making profit
by taking advantage of different prices prevailing in different markets is
referred as
(A) Hedging
(B) Speculation
(C) Arbitrage
(D) Gambling
9. Environmental
issues can be managed by
(A) Investing in
environment friendly process or products.
(B) Managing
environmental regulations.
(C) Investing in
environmental performance improvement.
(D) All of the
above.
10. A formal
document of what the entrepreneur intends to do to sell enough of the firm’s
product or service to make a satisfactory profit is called
(A) Long range
plan
(B) Strategic
plan
(C) Business plan
(D) None of the
above
11. Selection of
specific media in which advertisements will be run and when they will be run
to reach the target market is called
(A) Advertising
(B) Public
Relations
(C) Media
Planning
(D) Publicity
12. Statistical
Quality Control requires determination of
(A) Quality tolerance
limit
(B) Quantity
measurement
(C) Production
leads time
(D) Inventory
carrying cost
13. Which
communication component is not a paid form of communication?
(A) Advertising
(B) Sales
promotion
(C) Personal
selling
(D) Publicity
14. The
Government of India
established the Small Industries Development Organisation (SIDO) in the year:
(A) 1951
(B) 1972
(C) 1954
(D) 1982
15. Which of the
following is not a function of distribution agency?
(A)
Transportation
(B) Servicing
(C) Inventorying
(D) Manufacturing
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