Edbe Suggestions

Guiding You Today For a Better Tomorrow Aaditya Gupta Classes
Phone – 99035-03989
1 | P a g e Enroll now for B.COM for all subjects and get the opportunity to learn
from the best. Centres – Bhawanipur – Girish Park – Tollygunj – Bangur – Howrah – Dunlop.
Online/offline/video modes available.
Phone – 99035-03989
ENTREPRENEURSHIP DEVELOPMENT
&
BUSINESS ETHICS
SUGGESTIONS
1. Which of the following is considered as scope of business ethics?

a. Ethics in compliance
b. Ethics in finance
c. Ethics in marketing
d. All of these
2. The business ethics is:

a. Ethics of responsibility
b. Ethics of behaviour
c. Ethics of values
d. Ethics of beliefs
3. The concept “Tripple Bottom Line” relates to the evaluation of

a. Social responsibility of company
b. Company administration
c. Ethics of company
d. Ethical behaviour of company
4. Personal loyalties, economic responsibilities, legal responsibilities – these are the of

business ethics.
a. Features
b. Types
c. Principles
d. Scope
5. The English word ‘Entrepreneur’ originates from:

a. Latin word
b. Greek word
c. French word
d. German word
6. Which one of the following is not considered as component of resource mobilisation?

a. Resource identification
b. Seeking out new resources
c. Disposal of wasted resources
d. Identification of resource provider
7. By which capital, a new entrepreneur can collect ‘seed capital’?

a. Equity capital
b. Venture capital
c. Angel investment
Phone – 99035-03989
d. Working capital
8. As per MSMED Act, 2006, investment in plant and machinery of more Rs 25 lakh but does not
exceed Rs 5 crore, is known as
a. Medium enterprise
b. Micro enterprise
c. Small enterprise
d. Service enterprise
9. is a cooperative attitude of a number of people who are related to each other on

some basis.
a. Attitude
b. Morale
c. Integrity
d. Morale
10. In ethical dilemma the toughest choices are right versus

a. Right
b. Wrong
c. Unethical issues
d. Irrelevant issue
11. Among the following which is accepted as workplace ethics?

a. Trustworthiness
b. Integrity
c. Fairness
d. All of these
12. is a process by which the people of the world are incorporated in to a single world
society.
a. Globalisation
b. Democracy
c. Bureaucracy
d. Ethics
13. From the available information the oldest family business in the world is .
a. Barone Ricasoli
b. TATA Iron & Steel company
c. East India Company
d. Kongo Gummi
14. Among the following which reason of conflict is very much important?
a. Roles and responsibilities
b. Ownership
c. Accountability
d. All of these
Phone – 99035-03989
15. Among the following which Is not considered as government stimulation of entrepreneurship?
a. Technological change and innovation
b. Reduction of tax
c. Opportunity to flourish full potential
d. Lowering the rate of interest
16. Among the following alternative select such person who is considered as angel investor.
a. Rakesh Jhunjhunwala
b. Sharad sharma
c. Sunil kalra
d. All of them
17. Among the following which is not recognised as type of layout with respect to
entrepreneurship?
a. Programme layout
b. Product layout
c. Process layout
d. Combination layout
18. Among the following which one is the last step in Control?
a. Taking corrective actions
b. Identifying causes of deviation
c. Measurement of performance
d. Establishment of standards
19. Knowledge, efficiency, experience of the employees are known as resource.

a. Human
b. Intellectual
c. Venture
d. Physical
20. The English term ‘ethics’ originates from

a. Greek
b. Latin
c. French
d. Hibru
21. The concept of ‘Corporate Social responsibility’ to the society comes under the purview of the
followings
a. Programme of company
b. Ethics of company
c. Activities of company
d. Philosophy of company
Phone – 99035-03989
22. Among the following which one does not come under the purview of business ethics?
a. It is a discipline
b. To gain customer’s confidence
c. Safeguarding consumer’s rights
d. Create good images of business
23. Among the following which issue of business relates to business ethics?
a. In the context of decision making of any business
b. In the context of changes in the name of business
c. In the context of increase in production of business
d. In the context of motivation
24. The process where a person informs on another or makes public disclosure of corruption or
wrong doing is called:
a. Endeavour
b. Whistle blowing
c. Dilemma
d. Veteran
25. Among the following which condition helps to create ethical dilemma?
a. At the time of decision making between right and right
b. At the time of decision making between right and wrong
c. At the time of decision making between right and nearly wrong issue
d. At the time of taking decision among all wrong issues.
26. The business environment that originates from the interaction of different countries or human
being of different areas, is known as
a. Unethical culture
b. Cross culture
c. Integrated culture
d. Globalised culture
27. In which year Sarbanes-Oxley Act was introduced?

a. 1982
b. 1902
c. 1992
d. 2002
28. Corporate code of ethics is a .

a. Formal document
b. Unwritten document
c. Cultural document
d. Social document
29. Among the following which one does not create any impact on business ethics on account of
cross culture?
Phone – 99035-03989
a. Human resource management

b. Marketing management
c. Accounting
d. Auditing
30. Narayan Murti Committee, Naresh Chandra Committee, J.J. Irani committee – All the above are
related to what kind of activities of a Company?
a. Corporate governance
b. Code of conduct of company
c. Legal mandate of company
d. None of these
31. Who was conferred Role model in India of 20th century by the Federation of Chamber of Indian
Chamber of Commerce and Industry (FICCI)?
a. Ratan Tata
b. Dhirubhai Ambani
c. Sanjib Goenka
d. Prince Dwarakanath Tagore
32. Among the following alternatives which one does not qualify as importance of
entrepreneurship?
a. Capital formation
b. Creation of employment
c. Maintaining balance of regional development
d. Creation of monopolistic market
33. The business which is formed by two or more persons and control lines in those
people, is known as family business.
a. Marketing
b. Financial
c. Tax related
d. Production
34. Which of the following is not a characteristic of a marketing plan?

a. It should be flexible
b. It should be long and detailed
c. It should be based on facts and valid assumption
d. It should provide strategy
35. Idea generation, preparation stage, incubation stage, illumination stage and verification are
connected with
a. Control process
b. Management process
c. Process of behaviour
d. Creative process
Phone – 99035-03989
36. What will be minimum and maximum amount of investment in machinery in case of a medium
size of service enterprise?
a. Rs 10 lakh and Rs 2 crore
b. Rs 2 crore and Rs 5 crore
c. Rs 10 lakh and Rs 1 crore
d. Rs 2 crore and Rs 6 crore
37. Which of the following Is not a factor for selecting location of a business enterprise?
a. Availability of raw material
b. Proximity to market
c. Profitability
d. Easy availability of efficient labour force
38. Among the following which is not considered as internal source of finance in entrepreneurship?
a. Own fund
b. Family fund
c. Angel investor
d. Undistributed profit
39. How many persons are required to constitute village based self-help group?
a. 10 women
b. 20 women
c. 10 to 20 women
d. 10 to 15 women
40. Among the following which institution or organization does not come under the purview of
incubator?
a. University
b. Municipality
c. government development
d. organization involved in economic development
41. Which alternative you consider proper in respect of features of Angel investors?
a. They invest their own fund
b. They procure finance from the public to invest in venture
c. They give loan to any venture in easy term
d. All of the above
42. Which content is mentioned at the first stage of project proposal?

a. Information relating to entrepreneur
b. General information
c. Description of goods
d. None of these
43. Among the following which is the most important influencing factor of the advantages of
entrepreneurship?
Phone – 99035-03989
a. It increases cost
b. Helps in development of entrepreneurship
c. Ensures health and security of the employees of entrepreneurship
d. Helps in marketing
44. Among the following which one is not considered as fundamental problem of a start-up
business?
a. Failure of business model
b. Problem in getting good employee
c. Problem in getting angel investor
d. To combat the competitors
45. Fraudulent asset valuation, insider trading, securities fraud leading to manipulation of the
financial market and disproportionate executive compensation etc. are example of lapses in:
a. Product quality
b. Legal compliance
c. Corporate governance
d. Human resource management
46. Justice vs. Mercy, Truth vs. Loyalty, Individual vs. Community – Among all the above issues which
alternative of the following helps in the context of decision making?
a. Right vs. Right
b. Right vs. Wrong
c. Wrong vs. Wrong
d. Right vs. Mistake
47. (a) The organization shows inflated of salary in comparison with actual amount of salary an
employee gets
(b) granting extra amount for conveyance to the preferred employees.
All the above unethical practices are connected with the department of .
a. Finance department
b. Costing department
c. Accounting department
d. Marketing department
48. If it is not possible to select qualified employee due to internal politics, it is known as:
a. Unethical work
b. Absence of values
c. Uncultural work
d. Absence of human discipline
49. Under which type of values education and intellectual pursuits belong?
a. Instrumental values
b. Terminal values
Phone – 99035-03989
c. Essential values
d. Eternal values
50. Ethical values + = Ethics

A. Knowledge
B. Concept
C. Behaviour
D. Desire
51. Strategic Positioning of ventures is an activity of the phase of resource mobilisation.

(a) planning
(b) implementation
(c) evaluation
(d) control.
52. Which of the following is the reason for conflicts in family owned business?
(a) Family Oriented Management
(b) Sibling Rivalry
(c) Informal approach towards decision making process
(d) Presence of informal relationship in workplace.
53. The ability of an individual, group or organization to generate new ideas, discover novel
approaches of looking at problems and opportunities and convert them into reality is reffered to as
.
(a) invention
(b) innovation
(c) creativity
(d) entrepreneurship.
54. Innovation is defined as

(a) commercial application of the idea of a new product or process
(b) the invention of a new product or process
(c) a new product or process idea
(d) none of the above.
55. Which of the following is not considered as component of resource mobilization?

(a) Resource Identification
(b) Seeking out new resources
(c) Disposal of waste resources
(d) Identification of resource provider.
56. The importance of lies in the fact that this activity triggers an entrepreneurial spark
and arouses interest in entrepreneurship among individuals.
(a) Support
(b) Stimulation
(c) Sustainability
(d) Motivation
Phone – 99035-03989
57. Name the institution which was set up as an apex bank (institution) to provide direct or indirect
financial assistance to small scale industries under different schemes:
(a) SIDBI
(b) NSIC
(c) RSBDC
(d) SSIDC.
58. The French word “Entre” and “Prendre” means and .

(a) effort; project
(b) start; project
(c) ‘between’; ‘to take’
(d) ‘between’; ‘venture’.
59. Angel Investor is .

(a) A person who provides loan at higher interest
(b) One who becomes partner in an enterprise in exchange of money
(c) A wealthy individual who invests directly in start-ups
(d) A person who takes risk of business owned by others.
60. Which of the following is not an element of entrepreneurship?

(a) Business Opportunity
(b) Innovation
(c) Family Background
(d) Risk and uncertainty
61. Why should an entrepreneur do a “feasibility study” for starting a new venture?
(a) To identify possible source of fund
(b) To assess the viability of the venture
(c) To estimate expected sales
(d) To explore potential customers.
62. Which type of resources is required for spawning a new enterprise?

(a) Financial Resources
(b) Physical Resources
(c) Human Resources
(d) All of these.
63. Race Track Layout is also known as .

(a) Loop Layout
(b) Spine Layout
(c) Herringbone Layout
(d) Grid Layout.
64. Identify the right sequence of business process mapping.

(a) Identify the goal, Planning and map out the process, Setting up actions and assigning
stakeholders, Implementing Process, Testing the process, Monitoring the results, Replicate.
(b) Identify the goal, Planning and map out the process, Setting up actions and assigning
stakeholders, Testing the process, Implementing the Process, Monitoring the results, Replicate.
(c) Identify the goal, Setting up actions and assigning stakeholders, Planning and map out the
process, Implementing Process, Testing the process, Monitoring the results, Replicate.
Phone – 99035-03989
(d) Identify the goal, Planning and map out the process, Setting up actions and assigning
stakeholders, Testing the process, Monitoring the results, Implementing Process, Replicate.
65. Special Economic Zone are areas .

(a) which have unique economic rules, regulations and laws
(b) a portion of city designed for industrial use
(c) small industrial area at outskirts of the city
(d) specific geographical area meant for specific industrial activity.
66. Which of the following is the right phase of the process of creativity according to Graham
Wallas’s model?
(a) Idea Germination, Preparation, Incubation, Illumination, Verification
(b) Idea Germination, Preparation, Illumination, Incubation, Verification
(c) Incubation, Idea Germination, Preparation, Illumination, Verification
(d) Idea Germination, Incubation, Preparation, Illumination, Verification.
67. Which of the following is not included in a typical business plan?

(a) Business Description
(b) Market analysis
(c) Plan of operations
(d) Recruitment and selection process.
68. Precise thinking is also known as—

(a) Convergent thinking
(b) Divergent thinking
(c) Effective thinking
(d) Lateral thinking.
69. As per Section 7 of MSMED Act, 2006, a small enterprise in the manufacturing sector has been
defined as an enterprise whose—
(a) investment in plant and machinery is more than Rupees 25 Lakhs but does not exceed Rupees 5
Crore.
(b) investment in equipment is more than Rupees 10 Lakhs but less than Rupees 2 Crore.
(c) investment in equipment is more than Rupees 2 Crore but less than Rupees 5 Crore.
(d) investment in plant and machinery is more than Rupees 5 Crore but does not exceed Rupees 10
Crore
70. Full form of ICICI is .

(a) Indian Credit and Investment Corporation Industry
(b) Industrial Cooperative and Investment Commission of India
(c) Industrial Credit and Investment Corporation of India
(d) Industrial Credit and Investment Corporate of India.
71. Which of the following is not a factor for selecting location of a business enterprise?
(a) Availability of raw material
(b) Proximity to market
(c) Profitability
(d) Easy availability of efficient labour force.
Phone – 99035-03989
72. In the stage of responsibility allocation process, the entrepreneur follows:

(a) Highly centralized decision making process
(b) Highly decentralized decision making process
(c) Somewhat centralised decision making process
(d) No particular standard.
73. Fixed capital is required for:

(a) Procurement of fixed assets
(b) Required for expansion and diversification
(c) For supporting day to day operations of the company
(d) Both (a) and (b).
74. The method of exploring potential solutions to a problem is known as—

(a) Precise thinking
(b) Convergent thinking
(c) Lateral thinking
(d) Effective thinking.
75. “The increase in domestic business has occurred for several reasons in recent times”— Which of
the following is the most important reason?
(a) Increase in utility
(b) Increase in tax rate
(c) Increasing use of internet
(d) Fewer people seeking financial security
76. Justice approach is an approach of .

(a) Obligation Theories
(b) Equity Theories
(c) Deontological Approach
(d) Teleological Approach.
77. The process where a person informs on another or makes public disclosure of corruption or
wrong doing is called .
(a) Endeavour
(b) Whistle Blowing
(c) Dilemma
(d) Veteran.
78. A company in India required to make Corporate Social Responsibility expenses must spent at
least of the average net profit of immediately preceding three financial years.
(a) 2%
(b) 3%
(c) 2.5%
(d) 1.5%
79. Prescriptive Ethics is also known as .

(a) Meta- Ethics
(b) Descriptive Ethics
(c) Normative Ethics
(d) Societal Ethics.
Phone – 99035-03989
80. Which moral philosophy seeks the greatest good for the greatest number of people?
(a) Consequentialism
(b) Utilitarianism
(c) Egoism
(d) Ethical formalism.
81. Which of the following is a serious issue related to ethics in marketing?

(a) Deceptive Advertising and Price gouging
(b) Fraudulent asset valuation
(c) Issues affecting the privacy of the employer
(d) Occupational safety and health.
82. is a statement of business guidelines that define ethical standards of conduct for its
top management and employees.
(a) Vision statement
(b) Mission statement
(c) Corporate code of ethics
(d) Memorandum of Association.
83. Ethics is a branch of and .

(a) Philosophy, natural science
(b) Spirituality, social science
(c) Philosophy, social science
(d) Spirituality, natural science.
84. The beliefs possessed by the top management of an organisation about the way of conducting
the operations of the business and employees is termed as—
(a) Corporate Culture
(b) Corporate Framework
(c) Corporate Rules
(d) Corporate Guidelines.
85. may be defined as the enhancement of long term shareholder value, while at the
same time, protecting the interests of other stakeholders.
(a) Business ethics
(b) Cultural relativism
(c) Corporate social responsibility
(d) Corporate governance
86. Business ethics comprises—

(a) Law and regulations that guide the behaviour in the world of business
(b) Moves, values and customs that guide behaviour in general
(c) Moral principles and standards that guide behaviour in the world of business
(d) The obligations business assumes to maximize their positive impact and minimize their negative
impact on society.
87. is a technique used by companies and its financial managers to manipulate financial
statements and reports to show more favourable results for a period.
(a) Insider trading
Phone – 99035-03989
(b) Whistle blowing

(c) Window dressing
(d) Internal audit.
88. is a moral situation in which a choice has to be made between two undesirable
alternatives.
(a) Ethical norms
(b) Ethical dilemma
(c) Ethical cycle
(d) Ethical competitor.
89. Which of the following companies is not required to constitute CSR committee?
(a) Companies with net worth Rs. 500 crore or higher during any 3 preceding financial years
(b) Companies with turnover of Rs. 1000 crore or higher during any 3 preceding financial years
(c) Companies with net profit of Rs. 5 crore or higher during any 3 preceding financial years
(d) Companies with net loss of Rs. 5 crore or higher and net worth of 500 crores or higher during
any 3 preceding financial years.
90. states that an act that is not good morally can lead to something good and focuses
on the intentions associated with a behaviour.
(a) Deontological Approach
(b) Moral Rights Approach
(c) Justice Approach
(d) Virtue Ethics Approach.
91. The norms relating to corporate governance for Indian listed company are presented in
of Companies Act in the listing agreement.
(a) Clause 49
(b) Clause 59
(c) Clause 45
(d) Clause 48
92. The guidelines of business defining the ethical standards for its top management and employees
is termed as—
(a) Corporate Code of Ethics
(b) Corporate Framework
(c) Industry Rules
(d) Corporate behaviour.
93. The dictionary meaning of the term “value” is—

(a) Principles or standards of propriety
(b) Principles or standards of excellence
(c) Principles or standards of behaviour
(d) Principles or standards of good faith.
94. is a term used to define an organisation’s initiative to increase understanding

among different groups.
(a) Globalisation
(b) Cultural relativism
(c) Cross culture
Phone – 99035-03989
(d) All of these.
95. The “Universal Application” feature of corporate governance means that—

(a) Corporate governance is based on core ethico-moral principles and values
(b) Corporate governance is legally recognised across several countries and all organizations
(c) The top management should not maintain any secrecy and must disclose all relevant information
(d) Corporate governance is socially accepted by all people living in the society.
96. Which of the following is not unethical behaviour in human resource management?
(a) Creating split in Union leaders by inducing regionalism, casteism
(b) Producing fake caste certificate to obtain a job
(c) Maintaining occupational safety, health and fairness of job contract
(d) Biased attitude in selection, promotion, transfer, training & development of employees.
97. Internal Control & Internal Audit can resolve the ethical issues in .
(a) Accounting and Finance
(b) Human Resource Management
(c) Marketing Management
(d) Audit Committee.
98. Which of the following is not likely to be true regarding corporate governance?
(a) Corporate governance deals with issues that result from the separation of ownership and control
(b) Corporate governance requires the board of directors and the top management to protect the
rights of only majority stakeholders
(c) Corporate governance is a systematic process based on laws, procedures, practice and rules
(d) Corporate governance is a top-down approach.
99. Cultural Relativism refers to

(a) All moral and ethical systems are equally valid and activities should be interpreted in terms of
one’s own culture
(b) All moral and ethical systems are different and they must be taken into consideration separately
(c) One culture is quite as good as any other nominated culture
(d) Culture is the only reference point for a value system.
100. The order of Pyramid of responsibility is

(a) Ethical Responsibility, Moral Responsibility, Social Responsibility, Economic Responsibility.
(b) Economic Responsibility, Legal Responsibility, Ethical Responsibility, Philanthropic
Responsibility.
(c) Philanthropic Responsibility, Justice Responsibility, Economic Responsibility, Ethical
Responsibility.
(d) Legal Responsibility, Moral Responsibility, Ethical Responsibility, Economic Responsibility
101. simply refers to a moral situation in which a choice has to be made between two
equally undesirable alternatives.
(a) Ethical dilemma
(b) Ethical deficit
(c) Ethical erosion
(d) Ethical cycle.
Phone – 99035-03989
102. refers to the integration of economics and societies through the cross-cultural
flows and networks of information, interaction, ideas, technologies, goods, services, capital, finance,
power and human resources.
(a) Nationalization
(b) Globalization
(c) Modernization
(d) Socialization.
103. is required for financing the pre-start stage of firms i.e. financing of ideas that have
not yet come to market.
(a) Fixed Capital
(b) Seed Capital
(c) Early Stage Capital
(d) Working Capital.
104. When creativity leads to a new commercial approach of solving problems or enriching the
society, it is referred to as
(a) Entrepreneurship
(b) Innovation
(c) Invention
(d) Adaptation.
105. From an organizational perspective, are the embodiment of what the organization stands for
and should be the basis for the behaviour of its members.
(a) Ethical principles
(b) Profit motives
(c) Values
(d) Rules.
106. As per Micro, Small and Medium Enterprises Development (MSMED) Act, 2006 (Old definition
of MSME), a manufacturing enterprise having investment in plant & machinery not exceeding lakhs
is referred to as a micro enterprise.
(a) 20 lakhs
(b) 22 lakhs
(c) 25 lakhs
(d) 28 lakhs.
107. Among the following which one is not considered as an element of business ethics?
(a) Respect
(b) Honour
(c) Integrity
(d) Loyalty.
108. 8. The provisions governing Corporate Social Responsibility are covered under Section Company
Act, 2013.
(a) 130
(b) 148
(c) 135
(d) 153.
Phone – 99035-03989
109. The ability of an individual, group or organization to generate new ideas and discover novel
approaches of looking at problems and opportunities is referred to as .
(a) Invention
(b) Innovation
(c) Creativity
(d) Entrepreneurship
110. refers to the process of acquiring or procuring required resources from different
resource providers in a timely and cost effective manner.
(a) Resource transition
(b) Resource movement
(c) Fundraising
(d) Resource mobilization
111. A. Carroll organized different corporate social responsibilities as alan... layered pyramid model.
(a) Four
(b) five
(c) sis
(d) eight
112. In the context of entrepreneurship, various forms, viz. financial, marketing, technical, etc.
refers to the act of assisting the entrepreneurs in
(a) Sustainability
(b) Motivation
(c) Support
(d) Stimulation
113. refers to the act of reporting alleged organizational misconduct by an employee of

an organization to the public er top executives as the situation demands,
(a) Performance appraisal
(b) Customer complain
(c) Whistle blowing
(d) Job complain.
114. is a voluntary association of people, usually from the same socio-economic

background, who come together for solving their common problems.
(a) Industry association
(b) Self-help group
(c) Business incubator
(d) Mutual fund.
115. The method through which a project/venture is funded by raising small amounts of money from
a large number of people, typically via Internet is referred to as
(a) Crowd funding
(b) Bootstrapping
(c) Venture capital funding
(d) Angel investing
116. Corporate Code of ethics gets importance in which Act?

(a) Sarbanes-Oxley Act
Phone – 99035-03989
(b) Indian Penal Code

(c) Indian Contract Act
(d) Company Protection Act.
117. The primary aim of a is to mitigate conflict before it erupts, by agreeing on business
policies in advance.
(a) Family organization
(b) Family meeting
(c) Family retreat
(d) Familial constitution.
118. is the systematic set of universally accepted rules and regulations created by an
appropriaten authority.
(a) Ethics
(b) Morality
(c) Honesty
(d) Law
119. "Entrepreneurship is a force of creative destruction - Who made this statement?

(a) Peter Drucker
(b) J. Schumpeter
(c) Ratan Tata
(d) W. Taylor.
120. Ethical egoism and utilitarianism are two types of approach of business ethics.
(a) Teleological
(b) Justice
(c) Deontological
(d) Virtuous.
121. Which of the following happen to be classification of entrepreneurs based on entrepreneurial

activity?
(a) Aggressive entrepreneur, Adoptive entrepreneur, Fabian entrepreneur
(b) Agricultural entrepreneur, Trading entrepreneur, industrial entrepreneur
(c) Pure entrepreneur, Induced entrepreneur, Spontaneous entrepreneur
(d) Novice entrepreneur, Serial entrepreneur, Portfolio entrepreneur.
122. A merger is a combination of two firms producing same products but selling them in different
geographic market.
(a) Diversified activity merger
(b) Vertical merger
(c) Product extension merger
(d) Market extension merger.
123. Which of the following is not included in a typical Business plan?

(a) Recruitment and Selection Process
(b) Market Analysis
(c) Plan of Operations
(d) Business Descriptions.
Phone – 99035-03989
124. A willful and deliberate violation of code of ethics of any organization is classified as form of
misconduct, which basically refers to rebelliousness or disobedience is classified as.
(a) insubordination, misconduct
(b) lack of qualification, misconduct
(c) misconduct, insubordination
(d) unsatisfactory satisfaction, lack of qualification.
125. 5. As per MSMED Act, 2006, the "Medium Enterprises in the manufacturing sector have been
defined as enterprises, whose:
(a) investment in plant & machinery is more than 25 lakhs but less than 5 crore.
(b) investment in plant & machinery is more than 10 lakhs but less than 2 crore.
(c) investment in plant & machinery is more than 2 crore but less than 5 crore.
(d) investment in plant & machinery is more than 5 crore but does not exceed 10 crore.
126. Which of the following is not a stimulating factor in entrepreneurship?

(a) Arranging business plan competition at colleges and universities.
(b) Incorporating entrepreneurship development as a subject in various academic programmes.
(c) Climate conditions
(d) Broadcasting motivational stories of successful entrepreneurs in the media.
127. Which of the following is the first stage in creativity?

(a) Preparation
(b) Idea germination
(c) Incubation
(d) Verification.
128. Among the following which two alternatives do not belong to the types of values?
(a) Instrumental values
(b) Ethical values
(c) Recent values.
(d) Terminal values
129. Some jobs cannot be done alone and some can be done much better and faster if you possess
the quality
(a) Respect
(b) Responsibility
(c) Cooperation.
(d) Teamwork
130. "We advocate truthfulness, accuracy, honesty and reason as essential to the integrity of
communication." This is a commitment that would most likely be found in a.
(a) Mission statement
(b) Code of ethics
(c) Code of conduct
(d) Employees' handbook
131. You are a person with a high level of if you stand by your values even if others put pressure on
you to do something that is wrong or if they make fun of you
(a) Communication
(b) Cooperation
Phone – 99035-03989
(c) Honesty
(d) Integrity.
132. According to the concept of moral intensity, a worker is most likely to behave ethically and
legally when
(a) a manager observes his or her behaviour closely
(b) the workers have intense moral
(c) the consequences of the act are minor
(d) the consequences of the act are substantial
133. The term MSMEs stand for and are defined under of MSMED Act
2006
(a) Medium, Micro and Small Entrepreneurship, Section 9 46
(b) Medium, Small and Micro Enterprises, Section 8
(c) Medium Small and Medium Enterprises, Section 7
(d) Medium, Small and Macro Enterprises, Section 6.
134. What is business ethics?

(a) The study of business situations, activities and decisions where issues of right and wrong are
addressed
(b) Defined as decisions which organizations make on issues that could be considered right or
wrong.
(c) Ethics that can be applied to an organization's practices.
(d) Ethical processes businesses use in order to achieve a good ethical standard.
135. Which of the following is true with respect to family-owned business?

(a) Traditionally, most of the family run business have been dominated by the female family
members.
(b) Conflicts among the family members are one of the major challenges of this form of business.
(c) Family-owned businesses have complex organizational structure.
(d) All family businesses must have Board of Directors.
136. fills the gaps in the owner's funds in relation to the amount of equity required to
support the successful launching of start-up firms, new innovative and untried businesses.
(a) Business angels
(b) Venture capitalists
(c) Entrepreneurs
(d) Private equity.
137. Incubators that operate and interact with the firms from their physical office space are called
and those, which operate from online platforms, are called
(a) Invisible incubators. Physical incubators (B)
(b) Tangible incubators, Intangible incubators
(c) Virtual incubators. Visible incubators
(d) Physical incubators. Virtual incubators.
138. Fairness in employment practices centres on:

(a) Hiring no family members or friends
(b) By Giving people equal rewards for accomplishing the same tasks
(c) Obeying equal employment opportunity legislation
Phone – 99035-03989
(d) Avoiding conflict of interest
139. The stakeholder view of social responsibility states that organization must respond
(a) employees and customers
(b) shareholders and owners
(c) all stakeholders, not just shareholders and include its customers, suppliers, employees,
investors, communities and others who have a stake in the organization.
(d) all those who might sue the organization.
140. Ethics and Law sometimes overlap. This is called.

(a) Yellow area
(b) White area
(c) Black area
(d) Grey area
141. An 'Interpreneur is a person.

(a) who is his/her own boss
(b) who happens to be the owner of the business
(c) who happens to be an employee of a large organization
(d) who bears the risk and takes own decision.
142. Which of the following statements is true with respect to location of business premises
(a) A manufacturing organization requires only office for its operation.
(b) Non-commercial entities do not require any premises for carrying out their respective
operations.
(c) Office is the only premises required by a service rendering organization.
(d) A non-manufacturing organization requires only factory for its operation.
143. Which of these actions of an entrepreneur will most likely result in 'creative destruction"?
(a) Developing a new product
(b) Taking over a competitor's business
(c) Issuing shares to individuals and institutions
(d) Lowering prices of product or service.
144. In which document the issue relating to Corporate Governance are reflected?
(a) Memorandum of Association
(b) Articles of Association
(c) Annual Report of the company
(d) Prospective
145. Which of the following is not a characteristic of a marketing plan?

(a) It should be flexible
(b) It should be long and detailed
(c) It should be based on facts and valid as
(d) It should provide a strategy to accomplish the mission statement of the enterprise
146.Principles of Business ethics include:

(a) Providing quality goods and services to customers
(b) Giving misleading and indecent advertisement
(c) Charging high prices for goods and services to customers
Phone – 99035-03989
(d) Encouraging employees to make chaos in the organization.
147 Why is sustainability becoming important for global corporate strategy?

(a) Because emerging markets are not likely to carry on growing.
(b) Because MNCs face scarcity of raw material
(c) Because government in developing countries are encouraging pollutant industries.
(d) Because customers in developing countries are concerned about the environment.
148 Process of reducing number of employed people in a firm is classified as and the process in
which employees take some time off from job and expect that they will come back for work is
classified as:
(a) downsizing, layoff
(b) layoff, merger
(c) acquisition, downsizing
(d) layoff, acquisition.
149. In the field of business. means those persons who have high financial strength and who are
willing to take risks by investing in a new venture.
(a) Business incubator
(b) Limited liability partnership
(c) Self-help group
(d) Angel investor.
150. In the words of J.B. Say, “An is one who brings together the factors of production and
combines them into a product”.
(a) Entrepreneur
(b) Intrapreneur
(c) Businessman
(d) Extrapreneur
151. defines an entrepreneur as “ one who innovates, raises money, assembles inputs and
sets the organization going with the ability to identify them and opportunities, which others are not
able to fulfill such economic opportunities”.
(a) Peter Drucker
(b) H.N. Hansen
(c) Koontz o'donnel
(d) Joseph Schumpeter
152. “ the process of creating value by bringing together a unique package of resources to
exploit an opportunity.”
(b) Creativity
(c) Innovation
(d) Development
153. Entrepreneurship is a:
(a) Science
(b) Art
(c) Practice
(d) None of the above
Phone – 99035-03989
154. The word entrepreneur has a origin.

(a) English
(b) Greek
(c) French
(d) Latin
155. The word entrepreneurship is derived from the French word .

(a) Entrepredre
(b) Entreprendur
(c) Entrepreneurde
(d) Entropre
156 “Entrepreneur is someone who actually searches for change responds to it and exploits those
changes as an opportunity" this statement is given by:
(a) Peter Drucker
(b) H.N. Hansen
(c) Koontz o'donnel
(d) Joseph Schumpeter
157 All activities undertaken by an entrepreneur to bring a business unit into existence are
collectively
known as .
(b) Creativity
(c) Innovation
(d) Development
158. is a dynamic activity which helps the entrepreneur to bring changes in the process of
production, innovation in production, new usage of materials, creator of market etc.
(b) Creativity
(c) Innovation
(d) Development
159. The word entrepreneur is derived from French word “Entreprendure” and the German word
“Unternehmen”, both mean .
(a) To undertake
(b) To Create
(c) To innovate
(d) To Develop
16.An is a place where the required facilities and factory accommodation are provided by
the government to the entrepreneurs to establish their industries there
(a) industrial estate
(b) Workshop
(c) Organizational set-Up
(d) All of the above
161 are also known by different names, e.g. industrial region, industrial park, industrial
area,industrial zone, etc.
Phone – 99035-03989
(a) industrial estate

(b) Workshop
(c) Organizational set-up
162 In industrial estates, only those small- scale units are housed which are ancillary to a
particular large industry. Examples of such units are like one attached to the HMT, Bangalore.
(a) Ancillary Industrial Estates
(b) Functional Industrial Estates
(c) The Workshop –bay
(d) Co-operative Industrial Estates
163. types of industrial estates are constructed mainly for very small firms engaged in repair
work.
(a) Ancillary Industrial Estates
(b) Functional Industrial Estates
(c) The Workshop –bay
(d) Cooperative Industrial Estates
164. is place where the required facilities and factory accommodation are provided by the
government to the entrepreneurs to establish their industries there.
(a) Industrial estate
(b) Workshop
(c) Organizational set-up
165. The first and foremost industrial estate was established at in 1955.
(a) Rajkot in Gujarat
(b) Mumbai
(c) Kolkata
(d) Delhi
166. Entrepreneurs' Organization, or EO, was established in .

(a) 1987
(b) 1988
(c) 1989
(d) 1990
167 is a measure of how reasonable the project timetable is.

(a) Operational feasibility
(b) Cultural (or political) feasibility
(c) Technical feasibility
(d) Schedule feasibility
168. is a measure of the cost-effectiveness of a project or solution.

(a) Technical feasibility
(b) Schedule feasibility
(c) Economic feasibility
(d) Legal feasibility
Phone – 99035-03989
169. is a measure of how well a solution can be implemented within existing

legal/contractual obligations.
(a) Technical feasibility
(b) Schedule feasibility
(c) Economic feasibility
(d) Legal feasibility
170 is a written statement of what an entrepreneur proposes to take up.

(a) Feasibility study
(b) Business Idea
(c) Business Plan
(d) Project Report
171. serves like a kind of big road map to reach the destination determined by the
entrepreneur.
(b) Business Idea
(c) Business Plan
(d) Project Report
172 Mar J. Dollinger has defined the as “the formal written expression of the
entrepreneurial vision, describing the strategy and operations of the proposed venture”.
(b) Business Idea
(c) Business Plan
(d) Project Report
173 The term means the development of a written document that spells out like a roadmap
where you are, where you want to be, and how you want to get there.
(b) Business Idea
(c) Business Plan
(d) Project Report
174. The may be considered most important for any start-up.

(a) Financial resource
(b) Intellectual resource
(c) Human resource
(d) Physical resource
175. The most important element in starting a business is .

(c) Human resource
176 is the intangible value of a business, covering its people, the value inherent in its
relationships, and everything that is left when the employees go home.
Phone – 99035-03989
(c) Human resource

177 Ethics is a branch of

(a) Social studies
(b) Principles
(c) Law
(d) Arts
178 Ethics means

(a) Pure science
(b) Law
(c) Business environment
(d) A code of conduct
179 Ethics deals with

(a) Moral principles and social values
(b) Rules
(c) Activity
(d) Political science
180 means to conduct business human touch in order to give welfare to the society.
(a) Business rules
(b) Business ethics
(c) Busines economics
(d) All of above
181. According to Andrew Crane," is the study of business situations, activities, and
decisions where issues of right and wrong are addressed.
(a) Business environment
(b) Business ethics
(c) Business provisions
182 According to Raymond C. Baumhart "The ethics of business is the ethics of

(a) Responsibility
(b) Pure science
(c) Arts
(d) Activity
183 (also corporate ethics) is a form of applied ethics or professional ethics that examines ethical
principles and moral or ethical problems that arise in a business environment."
(a) Business rules
(b) Business ethics
184 applies to all aspects of business conduct and is relevant to conduct of individuals
and entire organizations.
(a) Business rules
Phone – 99035-03989
(b) Business ethics

185 is about obeying and adhering to rules and authority.

(a) Ethics in Compliance
(b) Ethics in arts
(c) Ethics in Human Resources
(d) Ethics in management
186 Window dressing, misleading financial analysis, Insider trading, over billing of expenses,
facilitation payments, Fake reimbursements etc are ethical issues in
(a) Finance
(b) Management
(c) Human Resources
(d) Arts
187. The ethical issues in finance that companies and employees are confronted includes:
(a) In accounting-window dressing misleading financial analysis.
(b) Related party transactions not at arm's length
(c) Insider trading, securities fraud leading to manipulation of the financial markets.
188. The covers those ethical issues arising around the employer-employee relationship,
the rights and duties owned between employes and employee such as
(a) Ethics of human resource management (HRM)
(b) Ethics of management
(c) Ethics of arts
(d) Ethics of Marketing
189. The issues of ethics faced by HRM include:

(a) Discrimination issues i.e. discrimination on the bases of age, gender, race, religion, disabilities,
weight etc.
(b) Sexual harassment.
(c) Affirmative Action.

(a) Issues surrounding the representation of employees and the democratization of the workplace,
(b) Issues affecting the privacy of the employee: workplace surveillance, drug testing.
(c) Issues affecting the privacy of the employer: wishtle-blowing.

(a) Issues relating to the fairness of the employment contract
(b) The balance of power between employer and employee.
(c) Occupational safety and health.
Phone – 99035-03989
192. Issues affecting the privacy of the employee, Issues affecting the privacy of the employer, Issues
relating to the fairness of the employment contract, Occupational safety and health etc are related
to
(b) Ethics of Compliance
(c) Ethics of management
(d) Ethics of arts
193 Discrimination issues i.e. discrimination on the bases of age, gender, race, religion, disabilities,
weight Sexual harassment etc are examples of
(a) Ethics of human resource management HRM
(c) Ethics of arts
194 . is the area of applied ethics which deals with the moral principles behind the
operation and regulation of marketing.
(a) Ethics in management
(b) Ethics marketing
(c) Ethics Human Resources
(d) Ethics in Marketing
195 The issues of ethics faced by HRM include:

(a) Issues relating to the fairness of the employment contract
(b) The balance of power between employer and employee.
(c) Occupational safety and health.
196 Issues affecting the privacy of the employee, Issues affecting the privacy of the employer, Issues
relating to the fairness of the employment contract, Occupational safety and health etc are related
to
(b) Ethics of Compliance
(c) Ethics of management
(d) Ethics of arts
197 Discrimination issues i.e. discrimination on the bases of age, gender, race, religion, disabilities,
weight Sexual harassment etc are examples of
(a) Ethics of human resource management HRM)
(c) Ethics of arts
198. is the area of applied ethics which deals with the moral principles behind the
operation and regulation of marketing.
(a) Ethics in management
(b) Ethics marketing
(c) Ethics Human Resources
(d) Ethics in Marketing
Phone – 99035-03989
199 -deals with the duties of a company to ensure that products and production
processes do not cause harm.
a. Ethics of Production
b. Ethics in Marketing
c. Ethics in arts
d. Ethics in management
200. The ethical issues of production include:

a. Defective, addictive and inherently dangerous products\
b. Ethical relations between the company and the environment include pollution, environmental
ethics, and carbon emissions trading
c. Product testing ethics.
d. All of the above
201 Defective, addictive and inherently dangerous products, pollution, Product testing ethics, Ethical
problems arising out of new technologies etc. are issues related to
a. Ethics in Production
b. Ethics in arts
c. Ethics in Human Resources
d. Ethics in compliance
202 deals with what actually believe (or made to believe) to be right or wrong, and
accordingly holds up the human actions acceptable or not acceptable or punishable under a custom
or law.
a. Descriptive Ethics
b. Environmental Ethics
c. Scientific Ethics
d. Deontological ethics
203 is also called comparative ethics because compares the ethics o past and present;
ethics of one society and other
b. Normative Ethics a
c. Environmental ethics
d. Scientific ethics
204 also takes inputs from other disciplines such as anthropology, psychology, sociology
and history to explain the moral right or wrong.
b. Scientific Ethics
c. Virtue ethics
d. Environmental ethics
205 deals with "norms" or set considerations how one should act.
a. Scientific Ethics
b. Normative Ethics
Phone – 99035-03989
206. a study of "ethical action" and sets out the rightness or wrongness of the actions
b. Normative Ethics
207 anything such as harassing, victimizing, abusing or -is also called prescriptive
ethics because it rests on the principles which determine whether an action is right or wrong
b. Normative Ethics
c. Scientific ethics
d. Environmental ethics
208. The Golden rule of is "doing to others as we want them to do to us"

a. Environmental Ethics
b. Normative Ethics
c. Virtue ethics
d. Scientific ethics
209. Based on the reasoning of assaulting someone is wrong

b. Normative Ethics
210. gave a scheme of four cardinal virtues viz. prudence, justice, temperance and fortitude
(courage).
a. Plato
b. Aristotle
c. Thomas Aquinas
d. Aristotle
211. categorized the virtues as moral and intellectual.

a. Plato
b. Aristotle
c. Thomas Aquinas
d. Aristotle
212. Deontological ethics or duty ethics focuses on the rightness and wrongness of the actions
rather than the consequences of those actions. a. Environmental Ethics
b. Normative Ethics
c. Scientific ethics
213. There are different theories such as categories imperative, moral absolutism, divine command
theory etc are related to
b. Environmental Ethics
c. Virtue ethics
Phone – 99035-03989

Edbe Suggestions

Uploaded by

Document Information

Original Description:

Original Title

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Edbe Suggestions

Uploaded by

Copyright:

Available Formats

Guiding You Today For a Better Tomorrow Aaditya Gupta Classes

1. Which of the following is considered as scope of business ethics?

2. The business ethics is:

3. The concept “Tripple Bottom Line” relates to the evaluation of

4. Personal loyalties, economic responsibilities, legal responsibilities – these are the of

5. The English word ‘Entrepreneur’ originates from:

6. Which one of the following is not considered as component of resource mobilisation?

7. By which capital, a new entrepreneur can collect ‘seed capital’?

9. is a cooperative attitude of a number of people who are related to each other on

10. In ethical dilemma the toughest choices are right versus

11. Among the following which is accepted as workplace ethics?

19. Knowledge, efficiency, experience of the employees are known as resource.

20. The English term ‘ethics’ originates from

27. In which year Sarbanes-Oxley Act was introduced?

28. Corporate code of ethics is a .

a. Human resource management

34. Which of the following is not a characteristic of a marketing plan?

42. Which content is mentioned at the first stage of project proposal?

50. Ethical values + = Ethics

51. Strategic Positioning of ventures is an activity of the phase of resource mobilisation.

54. Innovation is defined as

55. Which of the following is not considered as component of resource mobilization?

58. The French word “Entre” and “Prendre” means and .

59. Angel Investor is .

60. Which of the following is not an element of entrepreneurship?

62. Which type of resources is required for spawning a new enterprise?

63. Race Track Layout is also known as .

64. Identify the right sequence of business process mapping.

65. Special Economic Zone are areas .

67. Which of the following is not included in a typical business plan?

68. Precise thinking is also known as—

70. Full form of ICICI is .

72. In the stage of responsibility allocation process, the entrepreneur follows:

73. Fixed capital is required for:

74. The method of exploring potential solutions to a problem is known as—

76. Justice approach is an approach of .

79. Prescriptive Ethics is also known as .

81. Which of the following is a serious issue related to ethics in marketing?

83. Ethics is a branch of and .

86. Business ethics comprises—

(b) Whistle blowing

93. The dictionary meaning of the term “value” is—

94. is a term used to define an organisation’s initiative to increase understanding

(d) All of these.

95. The “Universal Application” feature of corporate governance means that—

99. Cultural Relativism refers to

100. The order of Pyramid of responsibility is

113. refers to the act of reporting alleged organizational misconduct by an employee of

114. is a voluntary association of people, usually from the same socio-economic

116. Corporate Code of ethics gets importance in which Act?

(b) Indian Penal Code

119. "Entrepreneurship is a force of creative destruction - Who made this statement?

121. Which of the following happen to be classification of entrepreneurs based on entrepreneurial

123. Which of the following is not included in a typical Business plan?

126. Which of the following is not a stimulating factor in entrepreneurship?

127. Which of the following is the first stage in creativity?

134. What is business ethics?

135. Which of the following is true with respect to family-owned business?

138. Fairness in employment practices centres on:

(d) Avoiding conflict of interest

140. Ethics and Law sometimes overlap. This is called.

141. An 'Interpreneur is a person.