CUET-UG SERIES Entrepreneurship
Fundamentals Of Business
10 previous year questions.
Volume: 10 Ques
Yield: Medium
High-Yield Trend
10
2023 Chapter Questions 10 MCQs
01
PYQ 2023
medium
entrepreneurship ID: cuet-ug-
______are 'Convenient frames of reference for streamlining the process of generation of ideas'.
1
Reference fields
2
Idea generation
3
Idea fields
4
Product generation
02
PYQ 2023
medium
entrepreneurship ID: cuet-ug-
Which of the following helps to communicate an enterprise's goals, mission, target and so much more?
1
Logo
2
Brand
3
Tagline
4
Labelling
03
PYQ 2023
medium
entrepreneurship ID: cuet-ug-
Choose the correct sequence to convert an idea into a sound business opportunity:
(A) Application and use
(B) Technical complexity and annual turn over
(C) Cost and competition
(D) Level of operation
(E) Product identification
Choose the correct answer from the options given below:
(A) Application and use
(B) Technical complexity and annual turn over
(C) Cost and competition
(D) Level of operation
(E) Product identification
Choose the correct answer from the options given below:
1
(A), (E), (D), (C), (B)
2
(E), (A), (C), (D), (B)
3
(A), (E), (C), (D), (B)
4
(E), (A), (D), (C), (B)
04
PYQ 2023
medium
entrepreneurship ID: cuet-ug-
Jaspreet sold his play station on OLX and got a profit of ₹5000. When he told his friend about his business, his friend informed him that what he did was not business even though he earned profit. Identify the feature that was missing that did not make Jaspreet's transaction into business.
1
Economic activity
2
Sale and exchange of goods/services
3
Utility creation
4
Regular basis
05
PYQ 2023
medium
entrepreneurship ID: cuet-ug-
This is the step of creative process Where the idea is verified to from that it has value. Identify the step of creative process from the following:
1
Innovation
2
Verification
3
Illumination
4
Idea germination
06
PYQ 2023
medium
entrepreneurship ID: cuet-ug-
The verification step in creativity process is also known as_______.
1
Preparation
2
Organization
3
Validation
4
Incubation
07
PYQ 2023
medium
entrepreneurship ID: cuet-ug-
Requirements for transportation and communication facilities, modes and means opted for, bottlnecks etc. are duly covered in by the business plan. Identify the component of business plan that covers these requirements?
1
Description of venture
2
Production plan
3
Operational plan
4
Organizational plan
08
PYQ 2023
medium
entrepreneurship ID: cuet-ug-
Rajat wanted to setup his own business but he did not have the required funds. He was also not able to set up a meeting with the investors to explain his project. One day he was able to give a short summary of the project to the investors in the elevator. This awaken the interest of the investor. Identify the format of a business plan used by Rajat.
1
A pitch with oral narrative
2
Elevator pitch
3
Written presentation
4
Internal operational plan
09
PYQ 2023
medium
entrepreneurship ID: cuet-ug-
Identify the correct statement that can be used to explain the word 'Patent':
1
It is a recognisable sign, design or expression
2
It gives the creator of original work exclusive rights to it
3
It grants an inventor the right to exclude others from making using and selling
4
It protects the visual design of objects that are not purely utilitarian
10
PYQ 2023
medium
entrepreneurship ID: cuet-ug-
Which of the following factors is not be included in 'PESTEL' analysis?
1
Political Changes
2
Socio-cultural aspects
3
Ecological Issues
4
Competitive Activities