Demography means the statistical structure of populations.

• A) False
• B) True
• C)
• D)

Increasing the use of solar, geothermal, wind, biofuels, and fuel cells is related to:

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

Home based entrepreneurship is more common in:

• A) Rural areas
• B) None of the above
• C) Urban areas
• D) Capital cities

Which of the following might be the characteristic(s) of wantrepreneurs?

• A) Indecisiveness
• B) Unrealistic desires
• C) Confusion about business idea
• D) All of the above

Which of the following conditions for a good relationship between a franchiser and franchisee is compromised when the franchisers don’t respond to the repeated telephonic calls of franchisee for guidance in his new business?

• A) Empathy
• B) Profit sharing
• C) Open mindedness
• D) Responsiveness

Which of the following best describes the ability to understand something instinctively, without the need for conscious reasoning?

• A) None of the given options is correct
• B) Brainwriting
• C) Intuition
• D) Mind mapping

An entrepreneur has all the qualities of a successful entrepreneur but he is not ready to accept the sincere feedback of many customers. Which of the following characteristics of successful entrepreneur was he primarily lacking?

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

Mr. Ahmad has started a new business but he lacks the managerial skills to manage a team of individuals under him. This is an example of:

• A) Social entrepreneurship
• B) Entrepreneurial pitfall
• C) Senior entrepreneurship
• D) Serial entrepreneurship

Which of the following helps an entrepreneur in identifying the right opportunity?

• A) All of the given options are correct
• B) Networks
• C) Prior knowledge of market
• D) Prior knowledge of customer problems

Which of the following is NOT the quality of a good opportunity?

• A) Durability
• B) Timeliness
• C) Attractiveness
• D) Innovativeness

Incubation centers can provide the potential entrepreneur the information related to:

• A) Currently popular ideas
• B) All of the given options are correct
• C) The industry trends
• D) In demand product or service

All the franchise branches of fast-food restaurants are often similar and are run under the following franchising arrangement:

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

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