Evaluating Business opportunities
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QUESTION 1. "According to Porters law, what should be evaluated before setting up a business in a new location? "
Evaluation of the macro environment
Evaluation of demand within the area
Evaluation of the location
Both a and b
QUESTION 2. The Copyright Act ……………prescribes mandatory punishment for piracy of copyrighted matter commensurate with the gravity of the offense with an effect to deter infringement, in compliance with the TRIPS Agreement.
a. 1958
b. 1959
c. 1957
d. 1956
QUESTION 3. A French economist was the first man to be credited with giving the concept of entrepreneurship.
Richard Brosnan
Richard Cantillon
Richard Marx
Richard Carlton
QUESTION 4. What are the different types of firms?
Proprietary Concerns
Partnership Concerns
Private Limited Concerns
All of the above
QUESTION 5. The industry associations could be product specific such as for Internet and Mobile
Associated Chambers of Commerce and Industry
Federation of Indian Chamber of Commerce and Industry
Internet and Mobile Association of India
None of the above
QUESTION 6. Who are angel financer?
Individual Financers
Group of corpus financing new ventures
Individual working with venture capitals
None of them
QUESTION 7. Which trait should be inculcated to understand business data before setting up any new business?
Decision Making
Ability to Forecast
Ability to take risk
Actue Learner
QUESTION 8. What are the sources of generating ideas for any business?
Understanding the Strenghts
Interpreting Data
Analysis of Data
Both B and C
QUESTION 9. "The Copyright Act prescribes mandatory punishment for piracy of copyrighted matter commensurate with the gravity of the offense with an effect to deter infringement, in compliance with the TRIPS Agreement."
1958
1959
1957
1956
QUESTION 10. What are the sources of generating ideas for any business?
Understanding the Strenghts
Interpreting Data
Analysis of Data
Both B and C
QUESTION 11. What are the details of documentation that need to be provided with the loan application?
Documentation for Loan Application
Partnership deed/Memorandum and Articles of Associations of Company
Proof of Possession of Land/Building
All of the above
QUESTION 12. What is a venture capital?
A corpus formed with group of people to finance any new ventures
A group of people to provide ideation for new business
A group of people who have started a new business
A gropu of people with innovative ideas to start a business
QUESTION 13. A private limited company needs to be registered under the _______________ of a company.
Registrar
Private concerns
Public concerns
None of the above
QUESTION 14. . means a solution to a specific problem in the field of technology
Venture
Experiment
Sales
Invention
QUESTION 15. "There is a well-established statutory, administrative and judicial framework to safeguard property rights in India?"
Partnership
Property
Personal
Intellectual
QUESTION 16. What are the social issues analysed by the PESTEL analysis?
Population Growth of a country
Education facilites provided to the population
Mortality rate based on the population structure
All of the above
QUESTION 17. The main reason for anyone to think to start his/her own venture is
Idea
Opportunity
New Venture
The English word
QUESTION 18. Financial assistance in India for SSI units is available from a variety of institutions
SIDBI
SFCs
Commercial/Co-operative Banks
All of the above
QUESTION 19. What are the factors that the price of any commodity is dependent on?
Demand and Supply
Useablity
Tangibility
Objectiveness
QUESTION 20. Projects relating to the modernisation of patent information services and trademarksregistry have been implemented with help of………………
a. Banks
b. WIPO/UNDP
c. Education & experience
d. All of the above
12 point out of 15
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