1. –––––––––– entrepreneurs are extremely task
oriented.
(a) Technical                        (b) Fabian
(c) Induced                          (d) Business

2. The Entrepreneur who blindly follows the
traditional methods of production in spite of the
loss is called ––––––––––.
(a) Drone Entrepreneur
(b) Adoptive Entrepreneur
(c) Fabian Entrepreneur
(d) Innovative Entrepreneur

3. –––––––––– form of organization is suitable for the
entrepreneur who is resistant to bear the risk.
(a) Partnership                      (b) Proprietorship
(c) Company                          (d) None of these

4. –––––––––– refers to the area where the
enterprise is to be established.
(a) Plant capacity                (b) Plant location
(c) Plant layout                    (d) Process layout

5. An organized activity of converting raw materials
into useful products is called ––––––––––.
(a) Production function
(b) Production planning
(c) Production system
(d) Production environment

6. The main objective of project appraisal is
(a) To find whether the project is technically
feasible
(b) To ascertain whether the project is
financially feasible
(c) To decide whether to accept or reject a
project
(d) To know whether the project is eco-friendly

7. ITCOT was established by ––––––––––.
(a) Government of Tamilnadu
(b) Government of India
(c) ICICI
(d) None of these

8. National Small Industries Corporation was
established in the year ––––––––––.
(a) 1954                   (b) 1985
(c) 1955                   (d) 1995

9. Which one of the following is the primary cause of
failure in small businesses?
(a) Poor financial control
(b) Poor location
(c) Management mistakes
(d) Improper inventory control

10. Which of the following in the symptom of
industrial sickness?
(a) Piled up inventory
(b) Increase in productivity
(c) Increase is share price
(d) None of these