Types of Entrepreneurs One Mark Online Test

Types of Entrepreneurs One Mark Online Test (12th Standard Commerce)

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Which of the following is the Activity of a Business Entrepreneur?

A.Production B.Marketing C.Operation D.All of the above

Find the odd one out in context of Trading Entrepreneur.

A.Selling B.Commission C.Buying D.Manufacturing

Corporate Entrepreneur is also called as _____

A.Intrapreneur B.Promoter C.Manager D.Shareholder

Which of these is based on Technology?

A.Modern B.Professional C.Corporate D.Industrial

Which of the below is not a Characteristic of a Fabian Entrepreneur?

A.Conservative B.Risk averse C.Sceptical D.Adaptive

An entrepreneur who is always focussed on introducing a new project, or something new in a venture already started, is called

A.Imitative entrepreneur B.Innovating entrepreneur C.Fabian entrepreneur D.Drone entrepreneur

An entrepreneur who simply reengineers or redesigns products developed in advanced countries and produces a version suited to local conditions is

A.Innovating entrepreneur B.Drone entrepreneur C.Imitative entrepreneur D.Professional entrepreneur

Consider the following statements:
1. Fabian entrepreneurs adapt to changes only as a last resort, when they fear loss or collapse of the enterprise.
2. Drone entrepreneurs never adapt themselves to change.
3. Drone entrepreneurs are always quick to adopt new technology.
Which of the statements given above is/are correct?

A.1 and 2 only B.2 and 3 only C.1 only D.1, 2 and 3

Drone entrepreneurs usually operate in

A.the international market B.a niche (small) market C.the stock market D.the government sector

Q10

Business entrepreneur is also called

A.Promoter B.Solo entrepreneur C.Classical entrepreneur D.Pure entrepreneur

Q11

The core strength of a trading entrepreneur lies in

A.Manufacturing and value addition B.Distribution and marketing C.Raising farm products D.Technical skill

Q12

Industrial entrepreneurs add utility to the products rolled out by them. This is termed as

A.Value addition B.Reengineering C.Diversification D.Promotion

Q13

Assertion (A): A corporate entrepreneur installs a team of experts to manage the entity on a day-to-day basis.
Reason (R): In the corporate form of organisation, ownership and management are separated.

A.Both A and R are true and R is the correct explanation of A B.Both A and R are true but R is not the correct explanation of A C.A is true but R is false D.A is false but R is true

Q14

Find the odd one out in context of agricultural entrepreneurs (agriculture and allied sector).

A.Poultry B.Honey C.Prawn D.Advertising

Q15

Entrepreneurs who buy goods in small quantities from numerous wholesalers and make products of different brands available under one roof to the end consumer are

A.Industrial entrepreneurs B.Trading entrepreneurs C.Retail entrepreneurs D.Corporate entrepreneurs

Q16

Which of the following ventures comes under the category of service entrepreneur?

A.Weaving B.Insurance C.Pottery D.Fish farming

Q17

Technical entrepreneurs such as welders, carpenters, potters and tailors who start small ventures mainly focus on

A.Production rather than marketing B.Marketing rather than production C.Buying and selling finished goods D.Selling the venture after take-off

Q18

Entrepreneurs who do not possess technical competence to produce goods but have special talent to market and distribute the products made by technical entrepreneurs are

A.Professional entrepreneurs B.Non-technical entrepreneurs C.Drone entrepreneurs D.Imitative entrepreneurs

Q19

An entrepreneur who has rich expertise in starting a venture, sells it to someone else after its successful take-off and then conceives new projects is a

A.Classical entrepreneur B.Professional entrepreneur C.Technical entrepreneur D.Spontaneous entrepreneur

Q20

Pure entrepreneurs are propelled to enter into a venture by

A.Government incentives and subsidies B.Psychological and economic motives C.Family business tradition D.Fear of losing their job

Q21

An entrepreneur who is inspired to take up entrepreneurial activity because of loans, subsidies, tax holidays and other concessions given by the Government is called

A.Pure entrepreneur B.Induced entrepreneur C.Motivated entrepreneur D.Spontaneous entrepreneur

Q22

Motivated entrepreneurs are motivated to take up a venture by the desire for

A.Government concessions B.Self fulfilment C.Following their ancestors D.Avoiding change

Q23

Entrepreneurs who have a natural inclination to start a venture and are driven by their inner urge and inborn traits are

A.Induced entrepreneurs B.Spontaneous entrepreneurs C.Classical entrepreneurs D.Imitative entrepreneurs

Q24

Match the following (classification based on development stage and motivation):
A. First generation entrepreneur - 1. Starts his own venture as a family business
B. Modern entrepreneur - 2. Natural inclination and inborn traits
C. Classical entrepreneur - 3. No family background; self made
D. Spontaneous entrepreneur - 4. Identifies unfilled gaps in the market with an eagle eye

A.A-1, B-4, C-3, D-2 B.A-3, B-2, C-1, D-4 C.A-3, B-4, C-1, D-2 D.A-4, B-3, C-2, D-1

Q25

Rural entrepreneurs are provided economic and fiscal incentives to start ventures in rural and semi urban areas in order to

A.Increase imports B.Check the exodus of rural people to urban centres C.Raise the cost of operation D.Promote state entrepreneurship

Q26

Ventures started and owned by both private individuals and the Government denote

A.Private entrepreneurship B.State entrepreneurship C.Joint entrepreneurship D.Corporate entrepreneurship

Q27

Find the odd one out in context of classification in terms of motivation.

A.Pure B.Induced C.Spontaneous D.Classical

Q28

According to the chart of types of entrepreneurs, how many types are listed under the classification based on type of business?

A.Four B.Five C.Seven D.Three

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About this Types of Entrepreneurs test

This free online practice test covers Types of Entrepreneurs from the 12th Standard Commerce (Samacheer Kalvi) syllabus. Choose the number of questions and an optional time limit, then answer and submit — everything is checked in your browser, with the correct answers and a worked explanation shown at the end. For the full solutions to every question in this set, see the solved MCQs page.

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