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.
Correct Answer: All of the above.
Solution : The competencies of entrepreneurship includes
Hence Option D is correct.
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 : It motivate the employees to contribute more to organisational effectiveness and efficiency. Which staffing process is highlighted in the given statement?
Option 1: Placement and orientation
Option 2: Training and development
Option 3: Performance appraisal
Option 4: Compensation
Question : The Taylor principles and techniques are focused on workers efficiency..Fayol's principles are focused on which criteria?
Option 1: Management inefficiency
Option 2: Management efficiency
Option 3: Both a and b
Option 4: None of the above
Question : Which of the following principles given by Taylor is the extension of principle harmony not discord?
Option 1: Science not rule of thumb
Option 2: Cooperation not individualism
Option 3: Devlopment of workers to their greatest efficiency and prosperity
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.
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