Chapter 6 ENTREPRENEURIAL SKILLS MCQs

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1. .1 All those activities whose purpose is to earn profit are called:





2. .2 A person who manages or controls the business to earn profit is called:





3. .3 The basic goal/purpose of a business is:





4. .4 The success of business depends upon:





5. .5 To decide in advance, is called:





6. .6 Objectives or goals of planning are:





7. .7 To become a good entrepreneur, one must have:





8. .8 In small business, number of employees are:





9. .9 When we perform job without planning, its results will be:





10. .10 Short time loans time span is:





11. .11 Loans for business can be obtained from:





12. .12 Due to business risks, business goes towards:





13. .13 Reason(s) of business risks is/are:





14. .14 Methods of reducing business risks includes:





15. .15 To select place of business, it is necessary to have:





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