DAV PUBLIC SCHOOL, UNIT-VIII, BHUBANESWAR.

Unit Test-2, 2021-22

CLASS-XII
ENTREPRENEURSHIP
Time Allowed: 30 minutes Full Marks: 15

Objective Type Questions:

1. In which form, does the ‘opportunity’ exist in the environment.

(a) Solution (b) Complex
(c) Problems (d) Perception

2. The outcome of the entrepreneur’s endeavour is the

(a) Enterprise (b) Entrepreneurship
(c) Opportunity (d) Business

3. ‘If you don’t adapt, you do not endure’, is the core idea behind ________.
(a) Sensing opportunities (b) Environment scanning
(d) Tapping useful resources (d) Formulation of policies

4. Under PESTEL Model, Monopoly is coming under which factors.

(a) Legal factors (b) Political factors
(c) Social factors (d) Ecological factors

5. In SWOT analysis, ‘T’ stands for

(a) Techniques (b) Threat
(c) Timeliness (d) Technology

6. ________ is an economic idea which can be implemented to create an enterprise

and earn profits
(a) Business plan (b) Business idea
(c) Business techniques (d) Business opportunities

7. Who is the most influential force which rules the market

(a) Wholesaler (b) Consumer
(c) Customer (d) Entrepreneur

8. The alphabet ‘S’ in SWOT stands for

(a) Strengths (b) Stamina
(c) Synthesis (d) Strategy

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9. Which is specific to the company’s internal strengths and weakness.
(a) External Environment (b) Macro Environment
(c) Micro Environment (d) Internal Environment

10. Rate of inflation, Business Cycles are all part of ________ Environment.
(a) Political (b) Social
(c) Economic (d) Technological

11. ________ is a process of creating developing and communicating ideas which

are abstract, concrete or visual.
(a) Idea Germination (b) Idea Generation
(c) Idea Formulation (d) Idea Implementation

12. Which is the first stage in the process of innovation ?

(a) Creation (b) Innovation
(c) Creativity (d) Vision

13. Which is called the validation or testing stage in the creative process.
(a) Starting stage (b) Innovative stage
(c) Policy stage (d) Verification stage

14. ________ which sector is the most growing field these days.
(a) Industry (b) Auxiliary
(c) Service (d) Primary

15. Market research gives information regarding.

(a) Market needs (b) Market size
(c) Market Analysis (d) All of these.

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