A valid definition of a business purpose is to ______.

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Question:
 A valid definition of a business purpose is to ______.

1.create a customer.

2.maximize profits

3.serve the society.

4. increase the wealth of the firm.

Posted Date:-2022-01-12 12:53:18

More MCQS Questions and answers

  1. A project, which may not add to the existing profits, should be financed by _________
  2. A public corporation means _____.
  3. A valid definition of a business purpose is to ______.
  4. District Industries Centres are located ____________.
  5. Every entrepreneur should draw an _______ for his project to ensure the timely completion of all activities involved in setting up an enterprise.
  6. Institutional agencies grant financial assistance to small scale industries for _________.
  7. Institutional agencies grant financial assistance to small scale industries for _________.
  8. Integration of project management with the organization takes place with the _______________.
  9. Integration of project management with the organization takes place with the _______________.
  10. New entrepreneurs entering the field of medium industry for the first time can have market studies with the subsidiary of ___________.
  11. O & M refers to ____________
  12. Promoter is a person who ________.
  13. Section 80 HHB provides for a deduction of ____________________ of profits and gains earned by a resident Indian company.
  14. The oldest form of business organization is ______.
  15. The term Capitalization is used in relation to ______.
  16. Underestimation of project cost leads to ___________.
  17. When a firm enters into business which is unrelated to its existing business both in terms of technology and marketing ______________.
  18. When a firm enters into some business which is related with its present business in terms of technology, marketing or both it is called as _____________.
  19. Which of the following is a characteristic typical of _________?Most entrepreneurs
  20. Which of the following is not an aspect of appraisal of term loans by commercial banks? Which of the following is not an aspect of appraisal of term loans by commercial banks?
  21. Which of the following sources is not use for medium-term financing?
  22. . Business risks can be ______.
  23. A business arrangement where one party allows another party to use a business Name and sell its products or services is known as__________.
  24. A Company is called an artificial person because ____.
  25. A key aspect of the financial section of the business plan is _________.
  26. A person owning and running a small firm, is known as________.
  27. A provisional SSI registration certificate is valid for a period of __________.
  28. Activities which can be accomplished simultaneously are termed as ___________.
  29. An entrepreneur who owns more than one business at a time is called ________.
  30. As a new company grows, the entrepreneur will need to _________.
  31. Business means ________.
  32. CPM stands for____________.
  33. Decisions taken by an entrepreneur on behalf of his enterprise are known as _________.
  34. Decisions which are concerned with policy matters and exercise fundamental influence on the objectives of the organization are called as____________.
  35. Decisions which are concerned with policy matters and exercise fundamental influence on the objectives of the organization are called as____________.
  36. Decisions which are concerned with policy matters and exercise fundamental influence on the objectives of the organization are called as____________.
  37. Decisions which are non-repetitive and novel nature and required to solve unstructured problem is called as ___________.
  38. DGTD stands for __________. .
  39. DIC is headed by General Manager in the rank of ___________.
  40. Entrepreneurial development is the key to achieve all-round __________ through acceleration of industrial and entrepreneurial activities.
  41. Entrepreneurship can best be described as _________.
  42. EST stands for ____________.
  43. EST stands for ____________.
  44. EXIM bank is a __________.
  45. Idea of new product is tested in potential consumers to determine consumer acceptance at _________ stage.
  46. Industries producing complete articles for direct consumption & also processing industries is called as_______________.
  47. LOB stands for____________.
  48. market potential of the project report includes ________.
  49. Memorandum of association of a firm contains _______.
  50. NABARD is a Bank for _____________ development
  51. National Alliance of Young Entrepreneurs (NAYE) Sponsored an Entrepreneurial Development scheme with Bank of India in______________.
  52. One of the disadvantages of a franchise business for a franchisee is ________.
  53. Over – capitalization arises due to___________.
  54. Project management is ideally suited for a business environment requiring all of the following except _________.
  55. Project mission and objectives, procedures and systems used, and organization resources used typically appear in the _____ section of the final project report.
  56. Reserve bank of India is a/an _______.
  57. Seed capital assistance ___________.
  58. Seed capital assistance ___________.
  59. Seed capital assistance ___________.
  60. Strategic entrepreneurial marketing has been summarised as the 4Is: identification of target markets, interactive marketing methods, informal intelligence gathering and what is the fourth?
  61. SWOT Analysis is a _____________ tool
  62. The application for registration of a small scale unit should be submitted to the _______ .
  63. The ‘T’ in a PESTLE analysis refers to ___________.
  64. The charter of a company is its ______.
  65. The content of the final report typically includes the following topics __________.
  66. The expenses incurred on the setting up of the enterprise are called as _________..
  67. The Markets and Competitors section of a business plan should contain ____________.
  68. The minimum amount of——————, irrespective of such private participation, could be specified at a minimum 17.5 per cent of project costs by lending institutions.
  69. The policy which emphasized the need of promoting small-scale industries through integrated industrial development is_____________.
  70. The policy which stressed the role of cottage and small-scale industries for balanced industrial development of the country is ___________.
  71. The process of preparing an inventory of skills needed for effective implementation of the project is called as ____________.
  72. The purpose of soft loan scheme is to encourage units to undertake ___________.
  73. The small scale unit wishing to export has to obtain exporters code number from _________.
  74. The type of diversification in which the company adds complementary to the existing product or service line is _________.
  75. The type of diversification in which the company adds up same type of products at the same level of production is ____________.
  76. The UK government has implemented a number of policies to encourage Entrepreneurship in schools. One such initiative is _________.
  77. Today, many companies are using managerial techniques that are designed to encourage _________.
  78. Under section 80J of the income tax act, 1961, small-scale industries are exempted from the payment of income tax on their profits at ___________.
  79. Under-capitalization arises due to __________.
  80. what are the components of the project report ________.
  81. What is the role of a Business Angel?
  82. Which of the following securities proves a burden on the finances of the company, when the company is not earning profits?
  83. _____ may be defined as the excess of the present value of project cash inflows over that of out flows.
  84. _______ is the analysis of costs and benefits of a proposed project with the goal of assuming a rational allocation of limited funds.
  85. ___________ is granted to small scale units under section 33B of the Income tax act, 1961.
  86. ____________ is a problem -solving technique designed to produce numerous ideas in a short period C. Brain storming. D. Nominal group technique.
  87. ____________, which is included in the project cost, is estimated on the basis of the year when the enterprise breaks even.
  88. _____________ describes the direction, the enterprise is going in, what its goals are, where it wants to be, and how it is going to get there.
  89. _____________ is an event-oriented approach .
  90. _____________ is an event-oriented approach .
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  94. _______________ implies the availability or otherwise of plant and machinery and technical know how to produce the product.
  95. _________________ is the systematic development of a project idea for the eventual purpose of arriving at an investment decision.
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