Question : Employees turnover should be minimised to  to maintain organisational efficiency. Which of the following principles of management is being highlighted in the given statement?

Option 1: Stability of personnel

Option 2: Initiative

Option 3: Esprit de cops

Option 4: Equity

Question : Concern for conservation of time, money and effort.
Which competencies of entrepreneurship is highlighted here?
 

Option 1: Persistence
 

Option 2: Information seeking
 

Option 3: Concern for high quality of work
 

Option 4: Efficiency orientation
 

Question : Which of the following are the competencies of entrepreneurship?
 

Option 1: Efficiency orientation
 

Option 2: Systematic planning
 

Option 3: Assertiveness
 

Option 4: All of the above.
 

Question : Statement 1: Entrepreneurship development leads to increased competition and market efficiency.

Statement 2: New businesses entering the market create choices for consumers and encourage existing firms to improve.

Option 1: Both statements are true.
 

Option 2: Statement 1 is true, but statement 2 is false.
 

Option 3: Statement 2 is true, but statement 1 is false.

Option 4: Both statements are false.

Question : Statement 1: Entrepreneurship development leads to increased competition and market efficiency.

Statement 2: New businesses entering the market create choices for consumers and encourage existing firms to improve.

Option 1: Both statements are true.
 

Option 2: Statement 1 is true, but statement 2 is false.
 

Option 3: Statement 2 is true, but statement 1 is false.

Option 4: Both statements are false.