Entrepreneurial Skills MCQs – Chapter 6 DAE

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





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





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





4. The success of business depends upon:





5. To decide in advance, is called:





6. Objectives or goals of planning are:





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





8. In small business, number of employees are:





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





10. Short time loans time span is:





11. Loans for business can be obtained from:





12. Due to business risks, business goes towards:





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





14. Methods of reducing business risks includes:





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





16. In the business, this has a position like blood in the body:





17. This is a feature of business:





18. This is included in the economic objectives of a business:





19. This is included in the social objectives of a business:





20. This is included in the human objectives of a business:





21. By planning, efficiency of business and staff will be:





22. To obey law is the purpose of business:





23. It includes in the functions of a businessman:





24. Medium term loans time period is:





25. Long term loans time period is:





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