CSEI-MCQ-2

 

  1. What is the primary focus of entrepreneurship? A) Maximizing profits B) Solving societal problems C) Achieving work-life balance D) Emulating successful business models Answer: B) Solving societal problems

  2. Which of the following traits is commonly associated with successful entrepreneurs? A) Risk aversion B) Resistance to change C) Persistence D) Reliance on external validation Answer: C) Persistence

  3. Which methodology emphasizes rapid experimentation and validated learning for startups? A) Traditional business model B) Disruptive innovation C) Lean startup methodology D) Franchise model Answer: C) Lean startup methodology

  4. What is the primary source of funding for startups in exchange for equity ownership? A) Angel investors B) Bootstrapping C) Crowdfunding D) Venture capital Answer: D) Venture capital

  5. Which marketing strategy focuses on creating a unique identity for a business to differentiate it from competitors? A) Mass marketing B) Relationship marketing C) Content marketing D) Branding Answer: D) Branding

  6. Which legal protection prevents unauthorized use of a company's inventions or discoveries? A) Copyright B) Trademark C) Patent D) Trade secret Answer: C) Patent

  7. What is the process of managing the flow of goods and services from suppliers to customers known as? A) Supply chain management B) Inventory control C) Logistics D) Operations management Answer: A) Supply chain management

  8. What term refers to the stage in a business's lifecycle where it experiences exponential growth? A) Startup phase B) Expansion phase C) Growth phase D) Maturity phase Answer: C) Growth phase

  9. Which technique is used to generate new ideas through structured group discussions? A) Brainstorming B) Mind mapping C) SWOT analysis D) Benchmarking Answer: A) Brainstorming

  10. What leadership skill involves inspiring and motivating others to achieve common goals? A) Delegation B) Vision-setting C) Conflict resolution D) Decision-making Answer: B) Vision-setting

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