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BEEQuestion&Anwsers
October12,2015November12,2015 | sravisankarcs
BusinessEnvironmentandEntrepreneurship

QuestionNo.12.0Marks

Whichoneofthefollowingistheoldestandsimplestformoforganisation?

1.A)Functionalorganisation
2.B)Committeeorganisation
3.C)Lineandstafforganisation
4.D)Lineorganisation

QuestionNo.22.0Marks

Whichoneofthefollowingshowsabigpictureofwhatacompanywantstoachieveinfuture?

1.A)Visionstatement
2.B)Missionstatement
3.C)Valuestatement
4.D)Qualitystatement

QuestionNo.32.0Marks

InITEnabledServices,whichamongthefollowingisoneofthelargestJobprovidersinIndia?

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1.A)Networkmarketing
2.B)Businessprocessoutsourcing
3.C)Medicaltourism
4.D)Filmindustry

QuestionNo.42.0Marks

Whichoneofthefollowingistreatedasaseparatelegalentitydifferentfromitsmembers?

1.A)Soleproprietorship
2.B)Hinduundividedfamily
3.C)Partnership
4.D)Limitedliabilitypartnership

QuestionNo.52.0Marks

1.A)IandIIonly
2.B)I,IIandIIIonly
3.C)II,IIIandIVonly
4.D)I,IIIIIandIV

QuestionNo.62.0Marks

WhichoneofthefollowingisagreatconcernforECOMMERCE?

1.A)Speed
2.B)Quality
3.C)Securityrisk
4.D)Maintenancecost

QuestionNo.72.0Marks

Whycooperativemarketingsocietyisformed?

1.A)Toprotecttheinterestofgeneralconsumers
2.B)Toselltheproductofsmallfarmersandproducers
3.C)Toprotecttheinterestofsmallproducers
4.D)Toprovidefinancialsupporttothemembers
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QuestionNo.82.0Marks

ThedefinitionofMicro,SmallandMediumEnterprises(MSMEs)inIndiaisbasedon

1.A)Totalsalesoftheunit
2.B)Investmentinmachinesandequipments
3.C)Marketcoverage
4.D)Exportturnover

QuestionNo.92.0Marks

WhichoneofthefollowingisnotapartofPortersgenericstrategy?

1.A)Focus
2.B)Costleadership
3.C)Differentiationstrategy
4.D)Marketsegmentation

QuestionNo.102.0Marks

Whichoneofthefollowingisnotapartofmarketingmix?

1.A)Planning
2.B)Product
3.C)Price
4.D)Place

QuestionNo.112.0Marks

TheabbreviationBIFRwithreferencetosickcompaniesinIndiameans

1.A)BoardforIndianFinancialReserves
2.B)BoardforIndustrialandFinancialResources
3.C)BoardforIndustrialandFinancialReconstruction
4.D)BoardforInternationalFundReserves

QuestionNo.122.0Marks

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Whichamongthefollowingarethekeydriversofglobalisation?

1.A)Governmentaction,exchangerates,competitionandsociodemographicfactors
2.B)Marketconvergence,competition,exchangeratesandcostadvantages
3.C)Costadvantages,governmentaction,economiccyclesandcompetition
4.D)Market,cost,competitionandgovernmentpolicies.

QuestionNo.132.0Marks

Inmarketing,adistinctivegroupofconsumersisknownas

1.A)Aclass
2.B)Asegment
3.C)Anemergingmarket
4.D)Noneoftheabove

QuestionNo.142.0Marks

Whichoneofthefollowingisapushfactorinfluencingtheinternationalisationofacompany?

1.A)Difficultyinfindingskilledstaffinthehomecountry
2.B)Theneedtobeclosetokeyresources
3.C)Lowcostlabourinothercountries
4.D)Financialincentivesfromgovernmentsinemergingmarkets.

QuestionNo.152.0Marks

FoundationofpublicenterprisesinIndiawaslaiddownby

1.A)IndiraGandhi
2.B)JawaharlalNehru
3.C)RajendraPrasad
4.D)S.Radhakrishnan.

QuestionNo.162.0Marks

Whatisthemeaningofmaximultravires?

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1.A)Anaccomplishedact
2.B)Withinthepowers
3.C)Beyondthepowers
4.D)Withtheguiltymind.

QuestionNo.172.0Marks

Whichkindofprecedentfromthefollowingcreatesandappliesanewruleoflaw?

1.A)Declaratory
2.B)Persuasive
3.C)Absolutelyauthoritative
4.D)Original

QuestionNo.182.0Marks

Noticeforcallingastatutorymeetingofacompanyshouldbegivenwithinaperiodofnotlessthan

1.A)21cleardays
2.B)14cleardays
3.C)7cleardays
4.D)Noneoftheabove

QuestionNo.192.0Marks

Inacompany,themaximumtimegapbetweentwoboardmeetingsasperCompaniesAct,1956is

1.A)3months
2.B)4months
3.C)6months
4.D)5months

QuestionNo.202.0Marks

Whichoneofthefollowingcompanymustholdstatutorymeeting?

1.A)Privatecompany
2.B)Publiccompanyhavingsharecapital
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3.C)Governmentcompany
4.D)Publiccompanynothavingsharecapital.

QuestionNo.212.0Marks

Inacompanywhoconceivestheideaofthebusiness?

1.A)Promoters
2.B)Auditors
3.C)Directors
4.D)Shareholders

QuestionNo.222.0Marks

Voidablecontractmeans

1.A)Partiesareincompetenttocontract
2.B)Freeconsentofthepartiesismissing
3.C)Considerationisinadequate
4.D)Theobjectofcontractisexpressly

QuestionNo.232.0Marks

Anagreementinrestraintofmarriage

1.A)Isvoidableattheoptionofthepromisor
2.B)Isvoidableattheoptionofthepromisee
3.C)Isexpresslydeclaredasvoid
4.D)Cannotbeenforcedasthereisnoprivityofcontract.

QuestionNo.242.0Marks

Foracceptancetobeconsideredasvaliditmust

1.A)Beabsolute
2.B)Beunqualified
3.C)Bebothabsoluteandunqualified
4.D)Beconditional.
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QuestionNo.252.0Marks

Apersonwhosebehaviourarousesmisunderstandingthatheisapartnerinthefirmbutactuallyheisnot,iscalled

1.A)Nominalpartner
2.B)Dormantpartner
3.C)Ostensiblepartner
4.D)Partnerbyestoppel

QuestionNo.262.0Marks

Whichoneofthefollowingcannotbeclaimedasamatterofrightbyapartner?

1.A)Tohaveaccesstobooksofaccount
2.B)Totakepartintheconductofthebusiness
3.C)Tosharetheprofits
4.D)Toreceiveremuneration

QuestionNo.272.0Marks

Thephrasequantummeruitliterallymeans

1.A)Asmuchasearnedorreasonableremuneration
2.B)Thefactinitself
3.C)Acontractforsale
4.D)Asmuchasisgained.

QuestionNo.282.0Marks

AccordingtoSection25oftheIndianPartnershipAct,1932,theliabilityofapartneris

1.A)Joint
2.B)Several
3.C)Joint&Several
4.D)Alloftheabove

QuestionNo.292.0Marks

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Therelationshipofpartnershiparisesoutof

1.A)AnAgreement
2.B)Statute
3.C)Operationoflaw
4.D)Bothanagreementandstatute

QuestionNo.302.0Marks

Acontractofsaleofgoodsundersectioon4oftheSaleofGoodAct,1990comprisesof

1.A)Executorycontractofsale
2.B)Executedcontractofsale
3.C)Bothexecutoryandexecutedcontractsofsale
4.D)Noneoftheabove

QuestionNo.312.0Marks

Anunpaidsellerofgoodshasaright

1.A)Againstthebuyeronly
2.B)Againstboththebuyerandthegoods
3.C)Againstthegoodsonly
4.D)Noneoftheabove.

QuestionNo.322.0Marks

Abillofexchangecontainsa/an

1.A)Unconditionalundertaking
2.B)Unconditionalorder
3.C)Conditionalundertaking
4.D)Conditionalorder.

QuestionNo.332.0Marks

Whichoneofthefollowingisnotanexampleofmaterialalterationaspersection98oftheNegotiableInstrumentAct,1881?

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1.A)Alterationofthedateofinstrument
2.B)Alterationofthesumpayable
3.C)Alterationinthetimeofpayment
4.D)Crossingofinstrument

QuestionNo.342.0Marks

Achequeisa

1.A)Promissorynote
2.B)Billofexchange
3.C)Hundi
4.D)Noneoftheabove.

QuestionNo.352.0Marks

Whoamongthefollowingisnotapartytoacheque?

1.A)Thedrawer
2.B)Theacceptor
3.C)Thedrawee
4.D)Thepayee.

QuestionNo.362.0Marks

ThewordEntrepreneurhasitsoriginfrom

1.A)Latinword
2.B)Frenchword
3.C)Germanword
4.D)Indianword.

QuestionNo.372.0Marks

AlbertS.Humpherywastheoriginatorof

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1.A)SWOTAnalysis
2.B)IndustryAnalysis
3.C)GEModel
4.D)BCGMatrix

QuestionNo.382.0Marks

Componentsofcreativitydonotinclude

1.A)Expertise
2.B)Creativethinking
3.C)Motivation
4.D)Selfefficacy

QuestionNo.392.0Marks

Whichoneofthefollowingiscorrectaboutbusinessplan?

1.A)Businessplanisnecessaryonlyforbigcompanies
2.B)Businessplanlaysdownthebestgrowthpathandstrategy
3.C)Businessplanissubstituteforstrategicplanning
4.D)Businessplanshouldemphasizeonideasandconceptonly.

QuestionNo.402.0Marks

Whichoneofthefollowingisnotamethodofenvironmentalscanning?

1.A)SWOTAnalysis
2.B)IndustryAnalysis
3.C)GEModel
4.D)PESTLEAnalysis.

QuestionNo.412.0Marks

Whocoinedthestatementselldreams,notproducts?

1.A)JosephSchumpeter
2.B)JacobViner
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3.C)AlfredMarshall
4.D)SteveJobs.

QuestionNo.422.0Marks

Expansionintonewlineofbusinessis

1.A)Strengthofthefirm
2.B)Weaknessofthefirm
3.C)Opportunityofthefirm
4.D)Threatofthefirm.

QuestionNo.432.0Marks

AccordingtothePortersFiveForcesModel,whichoneofthefollowingisnotacompetitiveforceforafirm?

1.A)Substituteproducts
2.B)Buyerspower
3.C)Supplierspower
4.D)Uniquesellingproposition.

QuestionNo.442.0Marks

Primarytaskforrunningasuccessfulventureis

1.A)Identificationofopportunity
2.B)Developingaplan
3.C)Conceivinganidea
4.D)Arrangementofresources.

QuestionNo.452.0Marks

Whattoachieveandbywhenisexplainedby_________ofanorganization.

1.A)Objectives
2.B)Mission
3.C)Strategy
4.D)Vision
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QuestionNo.462.0Marks

Whichoneofthefollowingisnotthecharacteristicsofentreprenurship?

1.A)Innovation
2.B)OrganisingSkills
3.C)IndifferentApproach
4.D)RiskTaking

QuestionNo.472.0Marks

Whichoneofthefollowingistrueaboutinvestmentcostperjob?

1.A)Investmentcostsperjobarehighinlargeandmediumindustries.
2.B)Investmentcostsperjobarehighinsmallscaleenterprises.
3.C)Investmentcostsperjobarehighinmicroenterprises.
4.D)Investmentcostsperjobarehigherinmicroenterprisesthansmallscaleenterprises.

QuestionNo.482.0Marks

Acompanyengagedinalcoholmanufacturingmergedwithacigarettemanufacturingfirm.Whattypeofmergeratthis?

1.A)Horizontalmerger
2.B)Productextensionmerger
3.C)Marketextensionmerger
4.D)Verticalmerger.

QuestionNo.492.0Marks

Inabusinessenvironment,whichoneofthefollowingisnotapoliticalfactor?

1.A)TaxPolicy
2.B)EmploymentLaws
3.C)Environmentregulations
4.D)Exchangerate.

QuestionNo.502.0Marks

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Cantillonreferredentrepreneursasoneoftheclassesof________whoarefinanciallyindependentaristocrat

1.A)Landowners
2.B)Employees
3.C)Entrepreneurs
4.D)

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