Entrepreneurship class 12 chapter 21 mcq

Eps Class 12 Chapter 21 Objective

12th Entrepreneurship Chapter 21 Objective : Here you can find class 12th eps Objective questions for board exam 2022. Possibilities and Strategies for Growth and Development in Business objective questions is very important for board exam 2022. eps class 12 chapter 21 objective question answer.

Possibilities and Strategies for Growth and Development in Business

  1. Element affecting growth rate is:

(a) Competition

(b) Change in technology

(c) Creativety

(d) All of these  

Ans (d) All of these

  1. Under market penetration:

(a) An asset ‘scooter’ is exchange for another

(b) An old asset ‘scooter’ is exchanged for new one

(c) An asset ‘scooter’ is sold for cash

(d) An asset ‘scooter’ is sold on line purchase system.

Ans (c) An asset ‘scooter’ is sold for cash

  1. Integration means:

(a) Expending internally

(b) Expending externally

(c) Expending internally and externally

(d) None of the above

Ans (b) Expending externally

  1. Conglomeration is a technique to :

(a) Expand in the same industry

(b) Diversify in other areas

(c) Taking over other units

(d) Divide the organisation in sub-units

Ans (d) Divide the organisation in sub-units

  1. Under franchising:

(a) Control on the product remains in the hands of franchisor  

(b) Control on the product remains in the hands of franchisee

(c) Above (a) and (b) both

(d) None of these

Ans (a) Control on the product remains in the hands of franchisor  

  1. Generally diversification is classified in :

(a) Two ways

(b) Combination of two or more business

(c) Four ways  

(d) None of the above

Ans (c) Four ways  

  1. Merger means:

(a) Taking over one organisation by another organisation

(b) Three ways

(c) Acquiring controlling interest in other organisation.

(d) Five ways

Ans (b) Three ways

  1. At decline stage of growth :

(a) The enterprise finds it difficult to survive

(b) The enterprise starts incurring losses at an increas- ing rate

(c) The enterprise prefers to close its shutters

(d) All of the above

Ans (d) All of the above

  1. In the expansion stage:

(a) Business activities are diversified

(b) Enterprise opens new branches

(c) The enterprise finds itself in a good earning position

(d) All of the above

Ans (d) All of the above

  1. In the maturity stage:

(a) Profit is loss

(b) Profit has an increasing trend

(c) Profit remains constant

(d) All of these

Ans (a) Profit is loss

  1. Production in the start-up stage is in :

(a) Limited quantity

(b) Large quantity

(c) Both

(d) None of these

Ans (a) Limited quantity

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