M.C.Q

1. ------------- is the ability to develop new idea & discover new idea of solving problem.

2. -------------- is the ability to apply creative solution to the specific problem.

3. -------------- brain help up to challenge the society.

4. ----------------an exclusive right that protects the creator f original works of authorship.

5. ------------------- is a distinctive word, symbol, design, name, logo, slogan or trade dress a company uses to identify the origin of a product or to distinguish in from other goods in markets.

6. -------------------- is the process of creating something new and assuming the risk and rewards.

7. ----------------------own one –third of small business in USA & CANADA.

8. Woman make for ------------------- of total work force in Asian countries.

9. Which one is the way to become a small business owner?

A) Take over a family business. B) Buy an existing business.
C) Start a new business. D) all of these above.

10. Which kind of person is employed by a corporation and anchorage to be in innovative and creative?

A) Entrepreneur people. B) Intrepreneur people
C) Business people. C) Working people.

11. Which one of this technique use for improving the creative process?

A) Brainstorming. B) Mind mapping.
C) Rapid prototyping. D) all of these above.

12. Which one are the features of rural industry?

A) Use of scientific skill. B) target on global market.
C) Use imported raw material. C) Very low investment


13. Which entrepreneur is the key player in the developing country?

A) Women B) man

14. In which developing countries women role in role in small business has been increased?

A) USA &CANADA b) Africa & Bhutan


15who own one third of the business in use and Canada?

A) Women B) man

16. Women in workforce increase by three times then man in which country?

A) Britain B) Germany


17. Woman makes -------percent of total workforce in Asian countries?

A) 40 B) 50


18. In which country woman are outnumbered by man by two times by starting business?

A) China B) Bangladesh

19. In 1980 to 1995 in Japan woman entrepreneur are increase from 2.4% to ---------

A) 5.2% B) 6.2%

20. Entrepreneurship has been traditionally seen as ----------- preserve

A) Male B) female

21. Woman also has to face role conflicts soon as they initiate any -------------- activity

A) Entrepreneurship activity

22. ------------- entrepreneur also find it difficult to capture the market and make their product popular

A) woman

23. --------------- entrepreneur continuously faces the problem in marketing the product.

A) woman


24. For marketing there product woman have to be the mercy of -----------

A) middleman


25. Obtain the support of banker, managing working capital, lack of credit resource are which kind of problem?

A) Financial problem B) marketing problem

26. Woman also face the conflict of performing of --------- as they are available to spend enough time with their family

A) Home role

27. Woman are inability to attend to domestic work, time for education of children, personal hobbies entertainment add to their conflict are which kind of problem?

Family conflict

28. --------------- access to risk capital is limited

A) woman

29. Who face heavy competition to start her won business?

A) woman

30. Who face severe competition from organized industry?

A) woman

31. When woman moves forward, the family moves, the village moves, and the------------
Said by pandit jawahar and lal Nehru

A) Nation moves

31. Which one the motivation factor for woman entrepreneur to start a new business?

A) Economic necessity

32. Which one the motivation factor for woman entrepreneur to start a new business?

A) Independence

33. Which one the motivation factor for woman entrepreneur to start a new business?

A) Education & qualification

34. Which one the motivation factor for woman entrepreneur to start a new business?

A) Employment generation

35. Which one the motivation factor for woman entrepreneur to start a new business?

A) Success stories of friend and relatives


36. Which one the motivation factor for woman entrepreneur to start a new business?

A) Family occupation

37. Which one the motivation factor for woman entrepreneur to start a new business?

A) Govt. policies and program


38. Which one the motivation factor for woman entrepreneur to start a new business?

A) Role model to other

39. Which one the motivation factor for woman entrepreneur to start a new business?

A) Self identity and social status

40. Which one is the facility factor for woman entrepreneur?

A) Adequate financial facility

41. Which one is the facility factor for woman entrepreneur?

A) Innovative thinking

42. Which one is the facility factor for woman entrepreneur?

A) co-operation of family

43. Which one is the facility factor for woman entrepreneur?

A) Support of family members

44. Which one is the facility factor for woman entrepreneur?

A) Network of connection

45. Which entrepreneurship implies entrepreneurship emerging in rural areas?

A) Rural entrepreneurship

46. ------------- means rural industrialization

A) Rural entrepreneurship

47. ------------ are the unlimited goal of our economy

A) Agriculture & rural development

48. Handloom, khadi, handcraft, pottery, bamboo made staff are falls into which kind of industry?

A) Rural industry

49. Which one are the features of rural industry?

A) Very low investment

50. Which one are the features of rural industry?

A) Use of traditional skill

51. Which one are the features of rural industry?

A) product are either essential mass consumer goods and handicraft?

52. Which one are the features of rural industry?

A) use of locally available raw material

53. Which one are the features of rural industry?

A) carter to limited markets

54. Which one are the features of rural industry?

A) Products are becoming popular in foreign markets for their unique nature

55. Which one falls in mineral based industry?

A) Cottage pottery industry

56. Which one falls in mineral based industry?

A) Slate &slate pencil making

57. Which one falls in mineral based industry?

A) Manufactures of bangles

58. Which one falls in forest based industry?

A) Hand made paper

59. Which one falls in forest based industry?

A) Manufacture of khata

60. Which one falls in forest based industry?

A) cottage match industry

61. Which one falls in forest based industry?

A) agarbatties

62. Which one falls in agro based food industry?

A) Hony manufacture


63. Which one falls in engineering and non-conventional industry?

A) Carpentry

64. Which one falls in engineering and non-conventional industry?

A) Household aluminum utensils

65. Which one falls in engineering and non-conventional industry?

A) Gabber gas from cow dunk

66. Which one is the problem in growth of rural industry?

A) Lack of infrastructural facility

67. Which one is the problem in growth of rural industry?

A) Non supportive attitude of financial institution

68. Which one is the problem in growth of rural industry?

A) Lack of technical know how

69. Which one is the problem in growth of rural industry?

A) Lack of communication and market information

70. Which one is the problem in growth of rural industry?

A) Lack of ware housing facility

71. Which one is the problem in growth of rural industry?

A) Banks rules regulation are very rigid?

72. Which one is the problem in growth of rural industry?

A) Lack of quality management

73. Which business is the threat of extension?

A) Village & small business

74. Which one is an entrepreneur behavior?

A) Initiative taking

75. Which one is an entrepreneur behavior?

A)the acceptance of risk and failure

76. the organize and reorganize of social and economic mechanisms to turn resources as and situation to practical account are behavior of an ------------

A) entrepreneur

77. -------------- is the process of creating something new and assuming the risk and rewards

A) entrepreneur

78. Entrepreneurship is essentially ------------and an ------------ activity?

A) Creative, innovative

79. Which one are the features of an entrepreneurship?

A) Doing thing in a different and better way.

80. Which one are the features of an entrepreneurship?

A) Decision making under uncertainty

81. People having high need for achievement are more likely as an ---------?

A) entrepreneur

82. People capacity for ------------ is decisively influence by the way they socialized as children

A) Entrepreneurship

83. ------------------- is a creative response to the changing environment

A) Entrepreneurship

84. Which one is the way of being innovative?

A) The introduction of new goods

85. Which one is the way of being innovative?

A) By introducing new me

86. Which one is the way of being innovative?

A) Opening a new market

87. Which one is the way of being innovative?

A) New source and supply of raw material

88. Which one is the way of being innovative?

A) The creation of new organization are industry

89. ---------------- is a dynamic and multidimensional concept

A) Entrepreneurship

90. Which one of them is the problem of growth in entrepreneurship?

A) Incompetence & poor management

91. Which one of them is the problem of growth in entrepreneurship?

A) Low level commitment

92. Which one of them is the problem of growth in entrepreneurship?

A) Restriction imposed by customs and tradition

93. Which one of them is the problem of growth in entrepreneurship?

A) Involvement of high risk

94. Which one of them is the problem of growth in entrepreneurship?

A) socio-cultural nature

95. Which one of them is the problem of growth in entrepreneurship?

A) Lack of communication network

96. Which one of them is the problem of growth in entrepreneurship?

A) Low status of business man

97. Which one of them is the problem of growth in entrepreneurship?

A) legal formalities involve to set up a unit

98. Which one of them is the problem of growth in entrepreneurship?

A) Low Quality of product

99. Which one of them is the problem of growth in entrepreneurship?

A) Low package of salaries to employees

100. Which firm exists primarily to support the owner and usually has the little opportunity for growth and expansion?

A) Lifestyle firm

101. ---------- can grow in 5 to 10 years

A) Foundation

102. Foundation companies has ---- to ---------- employees

A) 40-400

103. Which company starts like a foundation company but not a foundation company

A) High potential venture

104. Which company could employee around 500 employees?

A) High potential venture

105. Which company has revenue between 20 million to 300 million

A) High potential venture


106. Which one is the personal entrepreneurial skill?

A) Disciplined

107. Which one is the personal entrepreneurial skill?

A) Risk taker

108. Which one is the personal entrepreneurial skill?

A) Innovative
109. Which one is the personal entrepreneurial skill?

A) Change oriented

110. Which one is the personal entrepreneurial skill?

A) Persistent

111. Which one is the personal entrepreneurial skill?

A) Visionary leader

112. Which one is the personal entrepreneurial skill?

A) Ability to manage change

113. Who must take the risk of his or her own capital?

A) An entrepreneur

114. -------------- refers to the study of what’s right and good for human

A) Ethics

115. Business ------------- concerns itself with the investigation of business practice in light of human values

A) Ethics

116. An entrepreneur person employed by a corporation and encourages being innovative and creative are called?

A) Intrapreneur

117. ------------------ are usually found in enterprise that encourage experimentation, tolerate failure, recognize success and share wealth

A) Intrareneur

118. One of the tenets of entrepreneurship is

A) Ability to create new and useful idea

119. The ability to discover new idea are called

A) creativity

120. the ability to apply creative solution to the problem are called

A) innovation

121. ------------- is thinking new thing and------------ is doing new thing.

A) Creativity, innovation

122. -------------- is the result of disciplined, systematic process of applying creativity and innovation to the need and opportunities in the marketplace

A) Entrepreneurship

123. history is not always reliably------------- of the future in business

A)predictor

124.A preconceive idea of what the world is , what it should be like, and it should operate is called

A)paradigm


125. Which one is the left brain characteristic?

A) Follows a logical patterns

126. Which one is the left brain characteristic?

A) Is objective

127. Which one is the left brain characteristic?

A) Views time chorological, hour by hour, day by day

128. Which one is the left brain characteristic?

A) Sees thing as true and false, black and white

129. Which one is the left brain characteristic?

A) Seeks detail

130. Which one is the left brain characteristic?

A) Hold short-term memory

131. Which one is the left brain characteristic?

A)think critically, perhaps negative, ask “why”

132. Which one is the right brain characteristic?

A) Follows intuitive hunches

133. Which one is the right brain characteristic?

A) Creates patterns, without following a step by step process

134. Which one is the right brain characteristic?

A) is subjective

135. Which one is the right brain characteristic?

A) Views time a total sense- a lifetime, a career, and project

136. Which one is the right brain characteristic?

A) sees the whole rather than the detail

137. Which one is the right brain characteristic?

A) Think positively, ask why not and break rules

138. ------------- requires both left brain and right brain thinking?

A) Entrepreneurship



PART –B


1. Describe creativity and innovation?
2. Distinguish between intrepreneur &entrepreneur?
3. What is business ethics?

PART –B

1. Describe what is the problem in growth of entrepreneurship in Bangladesh?
2. describe what are the problem of woman entrepreneurship?

MCQ


1. Which kind of business is simple to create?

A) Company B) sole proprietorship

2. Which kind of business has total decision making authority?

A) Sole proprietorship B) partnership

3. Which kind of business is owned and manages by an individual authority?

A) Sole proprietorship B) partnership

4. Which kind of business doesn’t need any kind of special legal restriction?

A) Sole proprietorship. B) Company

5. Which kind of business has unlimited personal liability?

A) Sole proprietorship B) partnership

6. Which business owner is personally liable of all the debts?

A) Sole proprietorship B) Company

7. Which kind of business is less costly to formulate?

A) Sole proprietorship B) Company

8. Which single business owner pay all the expense and keeps the profits?

A) Sole proprietorship B) Company

9. Failure a business can ruin a -------------------- financially?

A) Sole proprietorship. B) Company share holders.

10. -------------------- business is easy to discontinue?

A) Sole proprietorship B) Company

11. --------------------- owner has total decision making authority?

A) Sole proprietorship B) partnership

12. --------------------- owner has unlimited personal liability?

A) Sole proprietorship B) Company
13. ---------------------- business owner will keep all the profits?

A) Sole proprietorship B) Company

14. --------------------- business need less investment compaired to other business?

A) Sole proprietorship B) Company

15. -------------------- business has limited skill and capabilities

A) Sole proprietorship B) Company

16. Which business has lack of skill compared to other business?

A) Sole proprietorship B) Company

17. Which business has limited access to capital?

A) Sole proprietorship B) Company

18. Which business cannot sell share in the market?

A) Sole proprietorship B) Company

19. Which form of business is most popular compared to other forms of business?

A) Sole proprietorship B) Company

20. --------- percentage of income come from Sole proprietorship?

A) 15.2% B) 20.2%

21. --------- percentage of income comes from partnership business?

A) 16.7% B) 25.7%

22. ---------- percentage comes from corporation business?

A) 68.1% B) 80%

23. ------------- percentage of sales comes from corporation?

A) 86.6% B) 92.6%

24. ------------ percentage of sales comes from partnership business?

A) 8.8% B) 15%
25. ------------ percentage of income from Sole proprietorship?

A) 4.7% B) 9.2%

26 how much percentage of business are Sole proprietorship?

A) 71.9 B) 80.2

27. How much percentage of business are partnership businesses?

A) 7.9 B) 10%

28. How much percentage of business are corporation?

A) 20.2% B)30%

29. A business which is usually organized and manage by the owner and or his family members are called

A) Small business. B) Company business.

30. Which one of them is small business type?

A) Retail sales. B) Company

31. Which one of them is small business type?

A) Services. B) Company

32. Which one of them is small business type?

A) Finance B) Company

33. Which one of them is small business type?

A) Agriculture B) Company

34. Which one of them is small business type?

A) Wholesale B) Company

35. Which one of them is small business type?

A) Manufacturing B) Company

36.manufacturing firms are classified as small if it has ---------------- employees or less

A) 250 B) 260

37. Which business takes raw materials and change into finish goods for sale?

A) Manufacturing firm B) whole sale

38. Which firms with annual receipts of $2 million or less are called is small business?

A) Service firms B) manufacturing firms

39. Which firm provides service for customers?

A) Service firm B) manufacturing firms

40. Which of them are service firms?

A) Hotels B) manufacturing agent

41. Which of them are service firms?

A) Barber shop B)steel mill

42. Which of them are service firms?

A) Beauty parlors B) dairy firm

43. Which of them are service firms?

A) Repair shop B) manufacturing industry

44. Wholesallers with annual receipts of----------------- million or less are called as a small business?

A) 9.5 B)12

45. Who buy and sell merchandise?

A) Wholesalers B) manufacture

46. Which firm engages d in development newer methods and technique for business purpose

A) Research & development firms B) wholesalers

47.
Which service are regard to efficient management& project appraisal service?

A) Consulting firm B) Research & development firms

48. A retail business are considered as small business if it has annual receipts of ---------- million or less

A) $2 B) $4

49. Which business buys goods from suppliers and sells it to consumers?

A) Retail business B) manufacturing business

50. Which one are the characteristic of small business?

A) Manage by owner B) manage by other person

51. Which one are the characteristic of small business?

A) All risk is borne by the owner B) all risk is borne by employee.

52. Which one are the characteristic of small business?

A0 owner personally finance the business B) share holder finance the business

53. Which one are the characteristic of small business?

A) Close labor-owner relation B) labor-owner relation is not close

54. Which one are the characteristic of small business?

A) Required minimum legal formalities B) required complex legal formalities

55. Which business has more personal contact with customers, suppliers, and employees?

A) Small business B) company business

56. Which business has a source of innovation and flexibility?

A) Small business B) company business

57. Which business has inadequate management ability cause by lack of training?

A) Small business B) company business

58. Which business sometimes has insufficient financing to run the business?

A) Small business B) company business

59. In which business the owner has the controlling factor over business?

A) Small business B) company business

60. Which business faces increasing complexity in operating business?

A) Small business B) company business

61. The term “entrepreneur” was coined in us in which period?

A) Late 70’s B) late 90’s

62. Which person starts and runs her business?

A) Entrepreneur B) intrepreneur

63. Which person is liable to bear the loss of the business?

A) Entrepreneur B) intrepreneur

64. Which person is partially independent and sponsor by the corporation to run the business?

A) Entrepreneur B) intrepreneur

65. Which person finances the business?

A) Entrepreneur B) intrepreneur

66. Which person doesn’t have the responsibility to raise the capital or return it?

A) Intrepreneur B) entrepreneur

67. Which person gets the appropriate reward for his success?

A) Intrepreneur B) entrepreneur

68. Which person has huge amount of resource available and accessible?

A) Intrepreneur B) entrepreneur

69. Mini steel mill are fall into which kind of business?

A) Manufacturing B) wholesaling

70. Different food processing business is fall into which kind of business?

A) Manufacturing B) wholesaling


71. Plastic formulation factories are fall into which kind of business?

A) Manufacturing business B) wholesaling business

72. Service station is fall into which kind of business?

A) Service business B) manufacturing business

73. Appliance business falls into which kind of business?

A) Service business B) wholesaling business

74. Auto repair are falls into which kinds of business?

A) Service business B) wholesaling business

75. House and commercial repair falls into which kinds of business?

A) Service business B) wholesaling business

76. Travel agencies are fall into which kind of business?

A) Service business B) wholesaling business

77. Cable operator is fall into which kind of business?

A) Service business B) wholesaling business

78. Distributor of selective product is falls into which kind of business?

A) Wholesaling B) service business

79. Brokers professions are fall into which kind f business?

A) Wholesaling B) service business

80. Manufacturing agent business is falls are which kind of business?

A) Wholesaling B) service business

81. Software information system falls into which kind of business?

A) Research & development B) manufacturing business

82. How many types of small business is avail available?

A) 6 types B) 8 type
83. Small hard ware and building material store falls into which kind of business?

A) Retail business B) service business

84. Small restaurant business falls into which kind of business?

A) Retail business B) service business

85. Which business faces lack of effective technique?

A) Small business B) company business


Short question


1. What are the advantages of sole proprietorship?
2. What are the disadvantages of sole proprietorship?
3. Describe the types of small business?
4. Advantage and disadvantage of small business?
5. what are the difference between entrepreneur & intrepreneur?

M.C.Q

01. An association of two or more people is called which business?

A) Partnership business
B) Company business

02. Which business is much likely to being in marriage?

A) Partnership business
B) Company business

03. Partnership agreement contains which kind of business?

A) Partnership business
B) Company business

04. Which company at began start as a partnership business?

A) Microsoft
B) Assus

05. Microsoft is founded as a partnership business in which year?

A) 1965
B) 1945

06. Which partner takes an active role in managing a business?

A) General partner
B) Limited partner

07. Which partner has an unlimited liability for the partnership debt?

A) General partner
B) Limited partner

08. Which partner cannot participate in the day to day management of a company?
A) Limited partner
B) General partner

09. Which partner has a limited liability of the business?

A) Limited partner
B) General partner

10. In the limited liability partnership business all partners are?

A) Limited partner
B) General partner

11. Which is the form of limited partnership business?

A) Master limited partnership
B) General partnership

12. Which partnership business share is traded in stock market?

A) Master limited partnership
B) General partnership

13. Which partnership business has the same advantage as corporation?

A) Master limited partnership
B) General partnership

14. Which one the new form of partnership business?

A) Master limited partnership
B) General partnership

15. Which one is the advantage of partnership business?

A) Easy to establish
B) Hard to establish

16. Which one is the advantage of partnership business?

A) Complementary skills of partners
B) Hard to establish

17. Which one is the advantage of partnership business?

A) Division of profit
B) Small profit


18. Which one is the advantage of partnership business?

A) Large pool of capital
B) Small capital

19. Which one is the advantage of partnership business?

A) Ability to attract limited partner
B) Don’t have the ability to attract limited partner

20. Which one is the activity of limited partner?

A) Perform day to day operation
B) Don’t perform any activity

21. Which kind of partner is a financial investor with limited liability?

A) Limited partner
B) General partner

22. Which partner does not participate in day to day operation?

A) Limited partner
B) General partner

23. Which business has less government regulation compared to any other business?

A) Partnership business
B) Company business

24. Which business does not have any kind of tax?

A) Partnership business
B) Company business

25. Which business is flexible compared to any other business?

A) Partnership business
B) Company business

26. In which business general partner has unlimited liability?

A) Partnership business
B) Company business

27. Which business can not collect capital from share market?

A) General partnership business
B) Master limited partnership business

28. Which business is difficult to disposing partnership interest?

A) Partnership business
B) Company business


29. Which business has lack of continuity?

A) Partnership business
B) Company business

30. If one partner dies in a partnership business then what happen to the partnership business?

A) Complication arise
B) No complication arise

31. Which one are the disadvantages of partnership business?

A) Personality and authority conflict
B) No conflict arise

32. Which business is an artificial being in business?

A) Company business
B) Partnership business

33. Which business only exists in the contemplation of the law?

A) Company business
B) Partnership business

34. Which corporation doing business in the state in which it is incorporated is called?

A) Company business
B) Partnership business

35. Which corporation doing business in the state other than the state in which incorporated is called?

A) Company business
B) Partnership business

36. Which corporation formed in another country but doing business in the united state is called?

A) Company business
B) Partnership business



37. Which one are the advantages of the company?

A) Limited liability of the stockholder
B) Unlimited liability of the stockholder

38. Which one are the advantages of the company?

A) Ability to attract capital
B) Does not has the ability to attract capital

39. Which one are the advantages of the company?

A) Ability to continue indefinitely
B) Does not continue very much long

40. Which one are the advantages of the company?

A) Transferable ownership
B) Ownership can not be transferable

41. Which one are the disadvantages of the company?

A) Cost and time of incorporating
B) Less costly to incorporating

42. Which one are the disadvantages of the company?

A) Double taxation
B) Single taxation

43. Which business pay corporate tax then give dividend?

A) Company business
B) Partnership business

44. Which one are the disadvantages of the company?

A) Complex legal requirement
B) Simple legal requirement

45. Which corporation does not different from any other corporation from a legal perspective?

A) S corporation
B) C corporation

46. Which corporation taxed like a partnership?

A) S corporation
B) C corporation

47. Which corporation must fill with the IRS within the first 75 days of the tax year?

A) S corporation
B) C corporation

48. Which corporation is the reassemble version of S corporation?

A) limited liability corporation
B) Professional corporation

49. Which one document is required to open a limited liability corporation?

A) Article of the organization
B)

50. Which one document is required to open a limited liability corporation?

A) Opening agreement

51. Which corporation can not have two out of four characteristics?

A) limited liability corporation
B) Professional corporation

52. Which one lies on the professional corporation?

A) Lawyer
B) Businessman

53. Which one lies on the professional corporation?

A) scientist
B) Businessman

54. Which one lies on the professional corporation?

A) Doctor
B) Businessman


55. Which one lies on the professional corporation?

A) accountant
B) Businessman

56. In which corporation no one is liable for other malpractice?

A) Professional corporation
B) limited Liability Corporation

57. Franchising word comes from which word?

A) Franchir
B) Franchor

58. What does franchir means?

A) Free
B) Market

59. ---------------- occurs when the franchisee market a product or service develop by the franchisor.

A) Franchising
B) Partnership

60. Two party legal agreement are compulsory in which kind of business/

A) Franchising
B) Partnership

61. Who pays a free to operate under a brand name?

A) Franchisee
B) Franchisor

62. Who pays a royalty percentage of the sales?

A) Franchisee
B) Franchisor

63. Who use a franchisor trade mark?

A) Franchisee
B)

64. A ----------- is continuing agreement between a parent company and an entrepreneur?

A) Franchise
B) Partnership

65. Who takes a royalty percentage of the sales?

A) Franchisor
B) Franchisee

66. A ------------ is a continuing relationship between the franchisor and franchisee

A) Franchise
B) partnership

67. Which one is the advantage of franchising business?

A) Quick and easy to start
B) Very hard to start those business

68. ---------------- is the most quick and easy entrepreneurial option to start a new venture with establish product and firm reputation.

A) Franchising
B) partnership

69. Which one is the advantage of franchising business?

A) Marketing research and site selection
B) Very costly to start

70. ------------ provide help for selecting site location by giving site criteria and expert assistance for choosing the best fit location.

A) Franchisor
B) Franchisee

71. choosing the best site to run the business are select y whom?

A) Franchisor
B) Franchisee

72. Which one is the advantage of franchising business?

A) Training proved to owners and staff
B) Does not give any kind of training
73. -------------- is ordinary supplemented with subsequent training and guideline.

A) Initial training

74. Which one is the advantage of franchising business?

A) Proven product
B) Unknown product

75. A ---------------- gets along standing proven method of operating system that increase future successful operation and sustainability

A) Franchise
A) Franchisor

76. Which one is the advantage of franchising business?

A) Large scale advertising
B) No advertising

77. A franchise gets the benefit of nation wide and international ---------- promoted by the franchisor.

A) Advertising

78. Which one is the advantage of franchising business?

A) Less risk
B) High risk

79. Who takes the product and methods of operation of a reputed well establish enterprise?

A) Franchise
A) Franchisor

80. Which business is less risk business compared to other form of business?

A) Franchising
B) partnership

81. Whose product is market tested and popular too?

A) Franchisor
B) Franchisee


82. Whose product or service faces less market threats and obstructions?

A) Franchisor
B) Franchisee

83. Which one is the advantage of franchising business?

A) Financial assistance
B) Non financial assistance

84. The cost of starting a independent business are---------- and the typical entrepreneur source of capital are quite -------------.

A) High, limited
B) Low, infinity

85. Which one is the advantage of franchising business?

A) Higher potential income
B) Low income

86. In which business income potential is high?

A) Franchising
B) partnership

87. With guaranteed product, management assistance, market, and continued assistance, the----------- has got higher possibility of income and prosperity?

A) Franchise
B) Franchisor

88. Which one is the advantage of franchising business?

A) New product development
B) No developed product

89. Who gets a newly developed of the franchisor without involving into research and development?

A) Franchise
B) Franchisor

90. -------------- gives an enormous opportunity for the franchise to expend its business as well as to sustain in the market strongly for the long time?

A) New product and development
B) Old product

91. Which one is the advantage of franchising business?

A) Proven trade mark and logo
B) New trade mark

92. --------------- gives the franchise market protection and future certainty?

A) Proven trade mark and logo
B) New trade mark

93. Which one is the disadvantage of franchising business?

A) Rigid system and no room for deviation
B) Proven trade mark

94. Which one is the disadvantage of franchising business?

A) Huge cost to entry a successful operation
B) Proven trade mark

95. ----------- cost has several components

A) Franchise

96. A ------------ is a reputed firm always costly

A) Franchising

97. Which one is the disadvantage of franchising business?

A) Profit are shared with franchisor
B) Huge volume of profit

98. Which business profit is divided between franchisor and franchise?

A) Franchising
B) partnership

99. Which one is the disadvantage of franchising business?

A) Lack of independence
B) Total control of business

100. The ------------- entrepreneur lacks a considerable amount in signing a franchise

A) entrepreneur
B) Intrapreneur

101. Who are always under supervision?

A) Franchise
B) Franchisor

102. Which one is the disadvantage of franchising business?

A) Continuing obligation
B) Easy to control

103. Which one is the disadvantage of franchising business?

A) Lack of individual separate entity
B) Easy to control

104. Who has to work under the name and fame of the franchisor?

A) entrepreneur
B) Intrapreneur

105. Which one relay on the frequent problems of franchising?

A) Sharing advertising cost
B) Royalty problem

106. Which one relay on the frequent problems of franchising?

A) Inspection and evaluation by franchisor
B) Royalty problem

107. Which one relay on the frequent problems of franchising?

A) Minimum performance requirement
B) Royalty problem

108. Which one relay on the occasional problems of franchising?

A) Royalty problem
B) Minimum performance requirement

109. Which one relay on the occasional problems of franchising?
A) Fees for support service
B) Minimum performance requirement

110. Which one relay on the occasional problems of franchising?

A) Territory limits
B) Minimum performance requirement

111. Which one relay on the rare problems of franchising?

A) Penalties for violation of contract
B) Minimum performance requirement

112. Which one relay on the rare problems of franchising?

A) Restriction on product or prices
B) Minimum performance requirement

113. Which one relay on the rare problems of franchising?

A) Employees conduct or training requirement
B) Minimum performance requirement

114. Which one relay on the rare problems of franchising?

A) Limits on competitive business
B) Minimum performance requirement











Short question:

1. What is partnership business and types of partnership business?

2. Advantage and disadvantage of partnership business?

3. What is corporation and types of corporation?

4. Advantage and disadvantage of corporation?

5. What is franchising?

6. Advantage and disadvantage of franchising?

7. What is the common problem of franchising?