8/10/2019 ENTP- Units 5 to 8-Objective Questions

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Entrepreneurship: Question bank (objective) Units 5 to 8

UNIT - 5

1. A company can grow internally by the two strategies

2.

Godrej, who were making safes, started making refrigerators. This is an example of

3.

A TV manufacturer started making picture tubes instead of buying them from outside.

This is an example of

4. Rights issue of shares means giving share purchase offer to ..

5. Bonus shares are allotted to shareholders at cost.

6.

Bonus shares issued are in proportion to

7. Rights shares are offered for purchase in proportion to .

8. Bonus has to be paid to shareholders before distributing to others

9.

Absorbing a company so that its identity is lost is called 10.Large scale acquisitions are not good for economy because they lead to ..

UNIT - 7

11.Planning and monitoring of movement of men and materials is called .

12.PERT means .

13.Time difference between completion date and path length in CPM is called ..

14.WIP means .

15. Inventory turnover ratio is

16.ABC analysis is meant for controlling inventory on a basis

17.Cost of inventory is .. + ..

18.EOQ means

19.TQM means

20.SQC means .

21. In cost plus method of pricing, Selling price = .. + ..

22.Charging high price when a new type of product is launched in the market is called

.

23.Charging low price to enter a new market for the first time is called

pricing

24.

Dividing the market into separate groups of buyers and making marketing strategiestargeting the group is called

UNIT - 6

25. Economy of space is ensured in .. layout

26.Material handling is not efficient in .. layout

27.Work in progress is minimum in . Layout

28.Flexibility of operation is more in . Layout

29.Mass production requires .. layout

30.

When the products can vary widely in design layout is preferable31. If production involves a few standard products .. layout is useful

8/10/2019 ENTP- Units 5 to 8-Objective Questions

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32.Production is not affected by interruptions in .. layout

33.. Layout tries to use the advantages of both concepts of product layout

and process layout .

34.

Basic facilities for workmen like canteen should be provided in the factory premises as

per .

UNIT - 8

35.EPC means

36.

GATT was introduced by ..

37.Terms and conditions for international exports and imports are specified in GATT.

GATT means

38.Financing assistance for exports and imports is provided by

39.Tax paid to Government of India on goods imported is called

40.Exports and Imports are governed by ministry in India

41.

ECGC means .

42.The total marketing strategy planned for a product including its pricing, sales promotion

and distribution is called

43.Branded products are generally .. in cost compared to unbranded

products

44.Patent Laws are for protecting .. rights.

.

Hints:1.

Expansion and diversification 2. Horizontal diversification 3. Vertical

diversification 4. Existing shareholders 5. Free of cost 6. Number of shares

held 7. Number of shares held 8. Preference 9. Merger 10. Monopoly

11. Scheduling 12. Program evaluation and review technique 13. Slack

14. Work in progress 15. Sales in one year / inventory held during the year

16. Selective 17. Cost of material + cost of carrying it 18. Economic ordering

quantity 19. Total quality management 20. Statistical quality control 21. Cost

of production + profit 22. Skimming 23. Penetration 24. Market

segmentation 25. Product 26. Process 27. Product 28. Process 29.

Product 30. Process 31. Combined 32. Process 33. Mixed 34. IndianFactories Act, 1948 35. Export promotion council 36. World Trade Organisation

37. General agreement on trade and tariffs 38. Exim Bank 39. Customs duty

40. Commerce 41. Export Credit and Guarantee Corporation 42. Marketing mix

43. More expensive 44. Intellectual Property