Which industrial sector tends to naturally promote small-scale businesses and Entrepreneurship, and generally has lower barriers to market entry?

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Question:
Which industrial sector tends to naturally promote small-scale businesses and Entrepreneurship, and generally has lower barriers to market entry?

1.Service

2.Manufacturing

3.Distribution

4.Agriculture

Posted Date:-2022-01-11 11:02:44

More MCQS Questions and answers

  1. Entrepreneurial Guidance Bureau(EGB) was set up by____________.
  2. State Industrial corporations engage in the development of__________.
  3. The use of informal networks by entrepreneurs to gather information is known as _______.
  4. A commercial banker would prefer a ____________ debt-equity ratio over the years as it indicates financial strength of a unit.
  5. A new venture’s business plan is important because ______.
  6. Activities which must be finished before a given event can occur are termed as _________.
  7. An individual who initiates, creates and manages a new business can be called _____________.
  8. EDPs course contents contains ___________.
  9. Good sources of information for an entrepreneur about competitors can be obtained from_________.
  10. Goods or services reach the market place through ________.
  11. IFCI has been converted into a________.
  12. IFCI stands for____________.
  13. In backward areas, term loans for expansion or setting up a new unit are available at __________ .
  14. In _________, machines and equipments are arranged in the order or sequence in which they are to be used for manufacturing the product
  15. Large investment is made in fixed assets, the project will be termed as __________.
  16. PERT stands for __________.
  17. Primary data is________.
  18. SFC is prohibited from granting financial assistance to any company whose aggregate paid-up capital exceed__________.
  19. SIDBI was set up as a subsidiary of_________.
  20. SIPCOT’s financial assistance is in the form of __________.
  21. Someone legally appointed to resolve the financial difficulties of an insolvent firm is called____________.
  22. The business development department of SIPCOT guides entrepreneurs in ______.
  23. The granting of cash subsidy on the capital investment is called __________.
  24. The purpose of all good small business strategy is__________.
  25. The term ___________ denotes bonus or financial aid which is given by a government to an industry to help it compete with other units
  26. TIIC is sponsored by the_________.
  27. To provide financial assistance to entrepreneurs the government has set up a number of___________.
  28. Trademarks relate to _______.
  29. Which industrial sector tends to naturally promote small-scale businesses and Entrepreneurship, and generally has lower barriers to market entry?
  30. Which of the following is the reason for business failure __________.
  31. Why are small businesses important to a country’s economy?
  32. _____ can be defined as a specifically evolved work plan to achieve a specific objective within a specific period of time
  33. _______ refers to some action which is a time consuming effort necessary to complete a specific event.
  34. ___________ is a form of financing especially for funding high technology, high risk and perceived high reward projects
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