Question : Which of the following is not a part of process of entrepreneurship development?
Option 1: Idea Generation
Option 2: Business Planning
Option 3: Market Research
Option 4: Employee Training
Correct Answer: Employee Training
Solution : The process of entrepreneurship development typically involves various stages, such as idea generation, business planning, market research, fundraising, and product development. However, employee training is not a part of the process of entrepreneurship development, as it pertains more to human resources management in an existing business. Entrepreneurship development focuses on creating and growing new businesses, whereas employee training is more focused on enhancing the skills and knowledge of individuals within an organization.
Hence, Option D is correct.
Question : Entrepreneurship provide livelihood to those who neither have capital to earn interest nor had land to earn rent. Which need for entrepreneurship is highlighted here?
Option 1: Contribution to GDP
Option 2: Capital formation
Option 3: Generation of Employment
Option 4: Generation of business opportunities for others.
Question : Which of the following is an example of a non-financial incentive for entrepreneurship development?
Option 1: Tax exemptions
Option 2: Access to capital
Option 3: Business incubation
Option 4: Public recognition and awards
Question : It is generally accompanied by greater job responsibilities,more pay,higher status and greater prestige. Which staffing process is highlighted in the given statement?
Option 1: Performance appraisal
Option 2: Promotion and career planning
Option 3: Compensation
Option 4: None of the above
Question : Which of the following is NOT a step in the staffing process?
Option 1: Job analysis
Option 2: Recruitment
Option 3: Performance appraisal
Option 4: Selection
Question : Which of the following statement is correct? Statement 1- Functional foremanship is the principle of Henri fayol. Statement 2- Harmony not discord is the principle of scientific management of Taylor.
Option 1: Both are true
Option 2: Both are false
Option 3: Statement 1 is true and statement 2 is false.
Option 4: Statement 2 is true and statement 1 is false.
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