CBSE Class 12 Entrepreneurship Question Paper 2023 Solved

Section A

1. Given below are some of the elements of a business opportunity. Identify the correct combination of the elements : 1
(i) Assured market scope
(ii) Overcome adversity
(iii) Practicability of the idea
(iv) Potential of future growth
(a) (i), (ii), (iv)
(b) (i), (iii), (iv)
(c) (ii), (iii), (iv)
(d) (i), (ii), (iii)

Answer : b

2. Which of the following statement is related to Below the Line promotion approach that a company can use to promote its products ?
(a) It targets mass audience.
(b) It targets identified small groups.
(c) It helps in establishing brand identity.
(d) It includes conventional media like print, online, television and cinema advertising.

Answer : b

3. Ramandeep is a technical entrepreneur who started developing interactive websites of businesses. Due to lot of competition in this field he is experiencing a decline in the demand. He wishes to understand his revenue position as compared to his investment. Which one of the following combinations would help him in assessing the profitability of his business ? 1
(i) Economic Order Quantity
(ii) Return on Investment
(iii) Return on Equity
(iv) Break-even analysis
(a) (i) and (iii)
(b) (iii) and (iv)
(c) (ii) and (iii)
(d) (i) and (iv)

Answer : c

4. When two companies that may not compete with each other but exist in the same supply chain merge, it is known as : 1
(a) Horizontal merger
(b) Vertical merger
(c) Market extension merger
(d) Product extension merger

Answer : b

5. From the following, identify the form of business organisation that generally has a limited area of operation due to limited finance availability and limited managerial abilities :
(a) Sole Proprietorship
(b) Partnership Firm
(c) Private Company
(d) Public Company

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