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Elements of Entrepreneurship 1 Mark Book Back Question Paper With Answer Key

12th Standard

    Reg.No. :
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Commerce

Time : 00:15:00 Hrs
Total Marks : 5

    Multiple Choice Question

    5 x 1 = 5
  1. Which of the below is a factor of production?

    (a)

    Land

    (b)

    Labour

    (c)

    Enterpreneurship

    (d)

    All of the above

  2. Entrepreneur is not classified as _____.

    (a)

    Risk Bearer

    (b)

    Innovator

    (c)

    Employee

    (d)

    Organizer

  3. What are the characteristics of an entrepreneur?

    (a)

    Spirit of enterprice

    (b)

    Flexibility

    (c)

    Self Confidence

    (d)

    All of the above

  4. Which of the below is not classified into managerial functions?

    (a)

    Planning

    (b)

    Marketing

    (c)

    Organizing

    (d)

    Controlling

  5. Which of the below is a commercial function?

    (a)

    Accounting

    (b)

    Coordination

    (c)

    Discovery of idea

    (d)

    Planning

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