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ITI
Employability Skill
Employability Skill Set-1
Entrepreneurship skills
12

Entrepreneurship skills MCQ with Answers

12) The expansion of GDP is

Gross Domestic Product

Godown Demand Product

Grand Demand Product

Giant Domestic Product

Answer is:

Gross Domestic Product

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Related Entrepreneurship skills MCQ with Answers

13) The expansion of SIDO is

Small Industries Development Organization

Small Income Development Organization

Small Investment Development Organization

Standard Industry Development Organization

Answer is:

Small Industries Development Organization

14) What approach is used to gain access to foreign markets and quickly promote an organizations interest?

Licensing

Collaboration

Joint venture

Technology transfer

Answer is:

Joint venture

15) Which investment is considered for deciding the status of manufacturing enterprises?

Working capital

Building and land

Plant and machinery

Salary of employees

Answer is:

Plant and machinery

16) Which one is a correct channel through which marketers can reach customers?

Manufacture -> Retailer -> Wholesaler -> Customer

Manufacturer -> Customer -> Retailer

Manufacturer -> Retailer -> Customer

Manufacturer -> Retailer -> Customer -> Wholesaler

Answer is:

Manufacturer -> Retailer -> Customer

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