Deck 4: Creativity, Entrepreneurship, and Plant Layout

Question 1

Which is the methods for creativity?

A)Brainstorming
B)General group processing
C)Synetics method
D)Creative decision making
E)All of these

Answer 1

All of these

Question 2

The psychological factor of entrepreneurship includes ____________________

A)Innovation
B)Function of high achievement
C)Organization building
D)Desire to influence others
E)All of these

Answer 2

All of these

Question 3

Which is the part of society?

A)Owner of the business
B)Suppliers
C)Govt.
D)Customers
E)All of these

Answer 3

All of these

Question 4

Which is the element of social responsibility?

A)Beyond the limits of law
B)Social institution
C)Morality and good faith
D)Continues process
E)All of these

Question 5

Which is the factors affecting the plant layout?

A)Managerial policies and decisions
B)Nature of plant location
C)Plant environment
D)Factory environment
E)All of these

Question 6

Volume of production includes _______________________________

A)Job production
B)Batch production
C)Mass production
D)All of these
E)None of these

Question 7

Which is the determinants of plant lay-out?

A)Nature of product
B)Nature of machines and equipments
C)Available space
D)Balance
E)All of these

Question 8

Which is the tools of plant lay out?

A)Flow charts
B)Process flow diagram
C)Templates
D)Machine data card
E)All of these

Question 9

Which is the step of procedure of plant layout?

A)Determination of objectives
B)Study of material lists
C)Formation of an overall plan
D)Selection of plant
E)All of these

Question 10

"Innovation is the 'super star' of entrepreneurship" who said

A)Peter F Drucker
B)James C Van Horne
C)Hansion
D)J.R Dwell
E)All of these

Question 11

Which is the balance points of entrepreneurship?

A)Optimum utilization of resources
B)Increase in employment opportunities
C)Means of social changes
D)Minimize socio-economic problems
E)All of these

Question 12

Which is the central level of organization for the support of entrepreneurs?

A)AISIB
B)SIDO
C)SISI
D)NSIC
E)All of these

Question 13

Who is the chairman of the "All india small scale industries board"?

A)Prime minister
B)Government of RBI
C)President of SEBI
D)Central minister
E)None of these

Question 14

All india small scale industries board is a _____________________________

A)Primary board
B)Advisory committee
C)Core board
D)Lower body
E)None of these

Question 15

Which is the apex body in India for the setting the policy in respect of entrepreneurship development?

A)All india handicrafts board
B)National entrepreneurship
C)SEBI
D)RBI
E)UTI

Question 16

Which is the entry barrier of industry structure?

A)Economics of scalr
B)Proprietary product differences
C)Brand identity
D)Switching costs
E)All of these

Question 17

An entrepreneur can utilize strategies including _______________________

A)A rent seeking strategies
B)Growth strategies
C)Quality strategy
D)All of these
E)None of these

Question 18

Strategic management includes ________________________

A)Strategy formulation
B)Planning
C)Analysis
D)Strategy implementation
E)All of these

Question 19

_____________________means identifying and imitating the best in the world at specific tasks & functions

A)Benchmarking
B)Continues improvement
C)Quality circle
D)Outsourcing
E)Cost

Question 20

The stage of assessing entrepreneurial opportunities include ______________________

A)Identifying resources
B)Analyzing capabilities
C)Evaluating competition advantage
D)Developing a strategy
E)All of these

Question 21

Market analysis includes ___________________

A)Overall market
B)Specific market
C)Competitive market
D)Microenvironment influences
E)All of these