CUET-UG SERIES Entrepreneurship
Business And Economy
8 previous year questions.
Volume: 8 Ques
Yield: Medium
High-Yield Trend
8
2023 Chapter Questions 8 MCQs
01
PYQ 2023
medium
entrepreneurship ID: cuet-ug-
A Business is said to have reached the stage by Break Even Point when :
1
Net Revenue - Net Expenses
2
Gross Revenue = Sales revenue
3
Selling price per unit - Fixed cost per unit
4
Total Revenue = Total Expense
02
PYQ 2023
medium
entrepreneurship ID: cuet-ug-
From the given diagram of cash conversion cycle for trading business, find out missing one.
1
Finished Goods
2
Work in progress
3
Sales
4
Raw material stocks
03
PYQ 2023
medium
entrepreneurship ID: cuet-ug-
Identify the advantage of penetration pricing to the firm:
1
Simplest method to decide the price for a product
2
Helps in recovering the research and development costs
3
Promotes the entry for competitors
4
Result in fast diffusion and adoption
04
PYQ 2023
medium
entrepreneurship ID: cuet-ug-
A+B=A.
Where, A=Company A
B=Company B
and company B is merged into company A. Identify the type of merger in the above case.
Where, A=Company A
B=Company B
and company B is merged into company A. Identify the type of merger in the above case.
1
Amalgamation
2
Absorption
3
Consolidation
4
Acquisition
05
PYQ 2023
medium
entrepreneurship ID: cuet-ug-
Following list provides the advantage of franchise business to franchisee. Find the odd one out?
1
Trained by Franchisor
2
Get freedom to run business on their own terms
3
Product acceptance due to established brand name
4
Cost saving as advertising expenses are shared
06
PYQ 2023
medium
entrepreneurship ID: cuet-ug-
Suggest the correct sequence to seek assistance from venture capital in the company's development:
(A) Pre-public stage
(B) Second round financing
(C) Seed stage
(D) Start-up finance
Choose the correct answer from the options given below:
(A) Pre-public stage
(B) Second round financing
(C) Seed stage
(D) Start-up finance
Choose the correct answer from the options given below:
1
(C), (D), (A), (B)
2
(C), (B), (D), (A)
3
(C), (D), (B), (A)
4
(C), (A), (B), (D)
07
PYQ 2023
medium
entrepreneurship ID: cuet-ug-
Suggest the factor which will not be considered while planning the product mix for a business organization.
1
What does the customer want from the product?
2
How is it differentiated from the competitors ?
3
What will be the price of the product?
4
How and where will the customer use it?
08
PYQ 2023
medium
entrepreneurship ID: cuet-ug-
Partnership is a relationship between persons who have agreed to share profits of a business.
(A) Carried on by all
(B)Any of them acting for all
(C) Carried on by a partner only
(D) Carried on by all partners all the time
(E) Carried on by the nominated partner
Choose the correct answer from the options given below:
(A) Carried on by all
(B)Any of them acting for all
(C) Carried on by a partner only
(D) Carried on by all partners all the time
(E) Carried on by the nominated partner
Choose the correct answer from the options given below:
1
(A) and (B) only
2
(A), (B) and (E) only
3
(A) only
4
(B), (C) and (D) only