Companies practicing the reduced use of plastic are following which of the following trends?

• A) Green trend
• B) Organic orientation trend
• C) Clean energy trend
• D) Fitness and health trend

Which one of the following is the least risky business option for a new venture with less risk and more reward?

• A) Pure entrepreneurship route
• B) Buying an existing business
• C) Joining the already existing family business
• D) Franchising

A bank issues loan for new ventures preferably to men compared to women. This is an example of discrimination based on:

• A) Gender
• B) Nationality
• C) Religion
• D) Age

Mr. Ahmad regularly gathers data about the marketing practices of his business competitors to align his business strategy accordingly. This is an example of __________________

• A) Marketing intelligence
• B) Financial intelligence
• C) Customer intelligence
• D) Data intelligence

_______________ may be called as the ultimate goal of life for a person.

• A) Being self-starter
• B) Empathy
• C) Vision
• D) Strong work ethics

Generally, the franchising in telecom sector happens under the following franchising arrangement:

• A) Product and trade name franchising
• B) Area developer
• C) Piggyback franchising
• D) Business format franchising

Organic orientation trend deals with the production of vegetables and fruits without using any fertilizers or pesticides.

• A) True
• B) False
• C)
• D)

Which is the type of cost that a franchisee has to give to the franchiser based upon the earning of business?

• A) Cash investment
• B) Royalty payment
• C) Initial franchise fee
• D) Advertising expense

Which of the following(s) might be important consideration for part-time entrepreneurs?

• A) Social pressure
• B) Over commitment
• C) The role of financial or non-financial motives
• D) All of the above

___________________ is a technique in which a central idea is written and then participants are asked to come up with associated ideas that branch out from the central idea.

• A) Brain storming
• B) Mind mapping
• C) Market research
• D) Problem inventory analysis

_______________ is a person who provides paid services to the customers by guiding them about the effectiveness of a potential franchising opportunity.

• A) Franchise consultant
• B) Franchisee
• C) Securities and Exchange Commission (SECP)
• D) Client

Entrepreneurs play safe by picking an existing product about which they are passionate and build a business around that model.

• A) False
• B) True
• C)
• D)

Which type of franchising cost is incurred for the development of infrastructure such as building etc.?

• A) Royalty payment
• B) Initial franchise fee
• C) Advertising expense
• D) Cash investment

Mr. Usman is an established entrepreneur and regularly develops himself through country level and foreign entrepreneurial trainings for continuous learning. This may be called as:

• A) Vision
• B) Empathy
• C) Self-investment
• D) Strong work ethics

Mr. Asif has started a tuck shop business that is in a room of his house facing the roadside. Which one of the following term(s) can be used for such a business?

• A) Nano entrepreneurship
• B) Micro entrepreneurship
• C) Home-based entrepreneurship
• D) All of the above

_________________ is a company that sells a franchise outlet to a person in return of a specific fee with mutually decided agreement.

• A) Franchisee
• B) Securities and Exchange Commission (SECP)
• C) Franchise consultant
• D) Franchiser

An entrepreneur’s traits of _________________ help him in sustainability and growth.

• A) Knowledge and inspiration
• B) Determination
• C) Dream, desire, and creativity
• D) Leadership and networking

An entrepreneur has all the qualities of a successful entrepreneur but he does not have confidence for his products that he is to sell in the market. Which of the following characteristics of successful entrepreneur is he primarily lacking?

• A) Self-assurance
• B) Strong work ethics
• C) Being self-starter
• D) Open mindedness

Demography of a population includes:

• A) Age
• B) All of the given options are correct
• C) Income
• D) Ethnicity

Planned economic system is alternatively called as:

• A) Free market system
• B) Command economic system
• C) Market economic system
• D) Mixed economic system