CMAT Principles of Business Organisation Practice Questions With Solutions

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CMAT Innovation and Entrepreneurship Principles of Business Organisation Practice Questions

Question 1.

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Read the following statements and respond to the question that follows :

Choose the correct answer from the options given below :

Question 2.

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Which of the following is/are one of the various 'Forms' of feasibility analysis :
A Industry/Market analysis
B. Corporate leadership analysis
C. Organisational feasibility analysis
D. Financial feasibility analysis
E. Product/Service feasibility analysis
Choose the correct answer from the options given below :

Question 3.

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Given below are two statements:

In the light of the above statements, choose the most appropriate answer from the options given below :

Question 4.

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Given below are two statements : one is labelled as Assertion (A) and the other is labelled as Reason (R) :
Assertion (A) :
'Scaling a business' means expanding the business to serve more customers.
Reason(R) :
A small, specialized segment of the market is known as niche market.
In the light of the above statements, choose the correct answer from the options given below :

Question 5.

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Read the following statements carefully and respond the question that follows .

Choose the correct answer from the options given below :

Question 6.

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Given below are two statements
Statement I : "Innovation defined as the creation or the adoption of new ideas, products,services, programs, techno logy, poli cy, structure or new administrative system is acknowledged as a source of sustained competitive advantage of many organisations
Statement II: The innovation adoption process does not depend upon ' In itiation stage' that includes recognition of a need, knowledge acquisition, Initial attitude formation and innovation selection.

Question 7.

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Given below are two statements : one is labelled as Assertion (A) and the other is labelled as Reason (R) :

In the light of the above statements, choose the most appropriate answer from the options given below :

Question 8.

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Given below are two statements : One is labelled as Assertion (A) and the other is labelled as Reason (R).
Assertion (A) : The management of technological innovation' is usually required under circumstances with increased vagueness, uncertainty and risk and companies are giving importance to it.
Reasons (R) : Given that technological innovation is for many companies a primary way of competition in the twenty-first century, it's management is an activity of vita l importance.
In the light of the above statements, choose the most appropriate answer from the options given below :

Question 9.

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Given below are two statements: One is labelled as Assertion (A) and the other is labelled as Reason (R).

Question 10.

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A word, symbol, name or device that a business uses to identify it's goods and distinguish itself from competitors is known as

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Question 1.

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Financial Institut ions are not merely transactional entit ies but key architects of economic progress. Their roles also span in
(A) Capital formation
(BJ Risk management
(C) Inclusive finance
(DJ Arbitration
(E) Consultation in project report preparation to intern during their internship program.
Choose the correct answer from the opt ions given below :

Question 2.

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Match List I with List II :

Choose the correct answer from the opt ions given below :

Question 3.

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Given below are two statements :
Statement I : lean start up methodology prioritizes extensive market research before any product.
Statement II : lean start up methodology focuses on creating a Minimal Viable Product (MVP) to test hypotheses.

Question 4.

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Given below are two statements :
Statement I : Cost-Benefit Analysis (CBA} measures a project's societal effects and does costs and benefits comparable in monetary terms.
Statement II : CBA is most widely applied tool for the appraisal of transport project
In the light of the above statements, choose the correct answer from the options given below:

Question 5.

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Critical evaluation points of Entrepreneurship Development Programmes (EDPs) are:
(A) Organisational Policies
(B) Suitable selection procedure of trainees and Faculty
(C) Quality of Technical and Vocational Education and Training
(D) Organisation associated in the EDP
Choose the correct answer from the options given below :

Question 6.

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Following are the reasons of the success of entrepreneurial ventures
(A) Effective Market Research
(B) Good Financial Control
(C) Good Management
(D) Caste of Entrepreneur
(E) Good Idea
Choose the correct answer from the options given below :

Question 7.

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Given below are two statements :
Statement I: Dividing the market in small niches is known as targeting.
Statement II: Segmentation and targeting are essential components of understanding the market and tap it effectively.
In the light of the above statements, choose the correct answer from the options given below:

Question 8.

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Shaadi.com, an online match making service is an example of following start up model

Question 9.

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Along with goal setting, major concerns for a growing enterprise are
(A) Time management.
(B) Finding, retaining and motivating able human resource
(C) Finding new financers
(D) Diversification and export potential
(E) Performance measurement and incentives
Choose the correct answer from the options given below :

Question 10.

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Which of the following factors are not relevant for judging the adequacy of market?

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