Bihar Board 12th Entrepreneurship Objective Answers Chapter 6 Business Planning

Bihar Board 12th Entrepreneurship Objective Questions and Answers

BSEB Bihar Board 12th Entrepreneurship Objective Answers Chapter 6 Business Planning

Question 1.
An entrepreneur prefers which form of organisation if production is to be undertaken on small scale basis ?
(A) Sole Trade
(B) Partnership
(C) Company
(D) None of the above
Answer:
(A) Sole Trade

Question 2.
creates imperfection in the market which ultimately increases the volume of sales and profit.
(A) Promotion
(B) Innovation
(C) Both of the above
(D) None of the above
Answer:
(B) Innovation

Question 3
is defined as discovery of business opportunities.
(A) Marketing
(B) Innovation
(C) Promotion
(D) None of the above
Answer:
(C) Promotion

Question 4.
The of business also determines the form of organisation.
(A) Size
(B) Location
(C) Study
(D) None of the above
Answer:
(A) Size

Question 5.
A successful entrepreneur must possess the quality of the following:
(A) Leadership
(B) Control
(C) Innovation
(D) All of these
Answer:
(D) All of these

Question 6.
Which of the following is a main problem connected with business ?
(A) Profit
(B) Money
(C) Sales
(D) Risk Management
Answer:
(D) Risk Management

Question 7.
Out of the following formulating of the general plt.u of business depends ?
(A) Project Report
(B) Plant and Production Planning
(C) Marketing Planning
(D) Financial Planning
Answer:
(B) Plant and Production Planning