Bihar Board 12th Entrepreneurship Objective Answers Chapter 21 Possibilities and Strategies for Growth and Development in Business

Bihar Board 12th Entrepreneurship Objective Questions and Answers

BSEB Bihar Board 12th Entrepreneurship Objective Answers Chapter 21 Possibilities and Strategies for Growth and Development in Business

Question 1.
At decline stage of growth:
(A) The enterprise finds it difficult to survive
(B) The enterprise starts incurring losses at an increasing rate
(C) The enterprise prefers to close its shutters
(D) All the above
Answer:
(D) All the above

BSEB Bihar Board 12th Entrepreneurship Objective Answers Chapter 21 Possibilities and Strategies for Growth and Development in Business

Question 2.
Merger means:
(A) Taking over one organisation by another organisation
(B) Combination of two or more business
(C) Acquiring controlling interest in other organisation
(D) None of the above
Answer:
(B) Combination of two or more business

Question 3.
Generally diversification is classified in :
(A) Two ways
(B) Three ways
(C) Four ways
(D) Five ways
Answer:
(C) Four ways

BSEB Bihar Board 12th Entrepreneurship Objective Answers Chapter 21 Possibilities and Strategies for Growth and Development in Business

Question 4.
Under franchising:
(A) Control on the product remains in the hands of franchisor
(B) Control on the product goes in the hands of franchisee
(C) Above (a) and (b) both
(D) None of the above
Answer:
(A) Control on the product remains in the hands of franchisor

Question 5.
Conglomeration is a technique to:
(A) Expand in the same industry
(B) Diversify in other areas
(C) Taking over other units
(D) Divide the organisation in sub-units
Answer:
(B) Diversify in other areas

BSEB Bihar Board 12th Entrepreneurship Objective Answers Chapter 21 Possibilities and Strategies for Growth and Development in Business

Question 6.
Integration means:
(A) Expanding internally
(B) Expanding externally
(C) Expanding internally and externally
(D) None of the above
Answer:
(B) Expanding externally

Question 7.
Under market penetration:
(A) An asset ‘scooter’ is exchange for another
(B) An assets Scooter’ is exchanged for new one
(C) An asset ‘scooter’ is sold for cash
(D) An asset ‘scooter’ is sold on line purchase system.
Answer:
(C) An asset ‘scooter’ is sold for cash

BSEB Bihar Board 12th Entrepreneurship Objective Answers Chapter 21 Possibilities and Strategies for Growth and Development in Business

Question 8.
Element affecting growth rate is:
(A) Competition
(B) Change in technology
(C) Creativity
(D) All of these
Answer:
(D) All of these