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Entrepreneurship and Food Business Management MCQs

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1. : What is entrepreneurship?





2. : Who is known as the father of modern entrepreneurship?





3. : Which of the following is a key characteristic of an entrepreneur?





4. : In the food industry, innovation mainly refers to:





5. : A food startup can be best defined as:





6. : Which is the first step in starting a food business?





7. : Business plan mainly includes:





8. : Which government agency usually supports small food entrepreneurs in Pakistan?





9. : A unique selling proposition (USP) means:





10. : Feasibility analysis is conducted to:





11. : Which of the following is a form of business ownership?





12. : In food businesses, “value addition” means:





13. : What does ROI stand for?





14. : Cash flow refers to:





15. : Which of the following is an internal source of finance?





16. : SWOT analysis includes:





17. : Market segmentation divides customers based on:





18. : In food business, branding helps to:





19. : Which of these is a marketing tool?





20. : Franchising is an example of:





21. : Break-even point means:





22. : A business incubator provides:





23. : Which factor affects food entrepreneurship most?





24. : What is e-commerce in food business?





25. : A successful entrepreneur is usually:





26. : Customer retention means:





27. : In entrepreneurship, failure is considered:





28. : Business ethics means:





29. : Venture capital refers to:





30. : Which of these is an example of fixed cost?





31. : A food entrepreneur must follow:





32. : What does KPI stand for?





33. : The term “innovation” in food business often relates to:





34. : Entrepreneurs contribute to economy by:





35. : What is a business model?





36. : Consumer feedback helps to:





37. : Which of these is a key reason for food business failure?





38. : Crowdfunding is:





39. : A franchise owner is called:





40. : What does HACCP ensure in food businesses?





41. : The food business supply chain includes:





42. : Risk management in food business focuses on:





43. : Leadership in entrepreneurship involves:





44. : Profit is calculated as:





45. : The term “startup ecosystem” refers to:





46. : A social entrepreneur aims to:





47. : Food entrepreneurs must focus on:





48. : Which of the following is a micro-entrepreneurship example?





49. : Break-even analysis helps to:





50. : The ultimate goal of entrepreneurship is:





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