MCQs – Ch-2 – An Entrepreneur – Part-2

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Q 26: Under which of the following categories hunger, thirst, sleep, and shelter needs will be classified?

(a) Safety needs

(b) Esteem needs

(d) Belonging needs

Ans: (c) basic physiological needs

Q 27: Under which of the following categories Self-respect, autonomy, status, recognition, and attention needs will be classified?

(a) Safety needs

(b) Esteem needs

(d) Belonging needs

Ans: (b) Esteem needs

Q 28: Under which of the following category affection, sense of belongingness, acceptance, and friendship needs will be classified?

(a) Safety needs

(b) Esteem needs

(d) Belonging needs

Ans: (d) Belonging needs

Q 29: Which of the following is not the assumption of Maslow’s theory of motivation?

(a) Satisfaction of needs influence behavior

(b) People’s needs are not in hierarchical order

(d) A person moves to the next higher level need when lower-level need is satisfied.

Ans: (b) People’s needs are not in hierarchical order

Q 30: Who among the following has given the theory of needs?

(a) Abraham Maslow

(b) David McClelland

(d) Richard Cantillon

Ans: (b) David McClelland

Q 31: Which of the following category of needs is characterized by the wish to take responsibility for finding solutions to problems?

(a) Affiliation needs

(b) Achievement needs

(d) None of the above

Ans: (b) Achievement needs

Q 32:: Which of the following category of needs is characterized by a drive to control and influence others?

(a) Affiliation needs

(b) Achievement needs

(d) None of the above

Ans: © Power needs

Q 33: Which of the following category of needs is characterized by a desire to belong, and enjoyment of teamwork?

(a) Affiliation needs

(b) Achievement needs

(d) None of the above

Ans: (a) Affiliation needs

Q 34: ___________ has defined values as “beliefs that guide actions and judgement across a variety of situations”

(a) Abraham Maslow

(b) David McClelland

(d) Richard Cantillon

Ans: © Milton Rokeach

Q 35: ____________ is something we individually feel about some person, work, place etc.

(a) Motivation (c) Ethics

(b) Quest for outstanding performance (d) Attitude

Ans: (d) Attitude

Q 36: ______________ can be defined as the process that activates the entrepreneurs to exert high level of efforts for the achievement of his/her goals.

(a) Motivation (c) Ethics

(b) Quest for outstanding performance (d) Attitude

Ans: (a) Motivation

Q 37: An _____________ is someone who has an entrepreneurial streak but chooses to align his or her talent with a large organization in place of creating his or her own.

(a) Entrepreneur (c) Intrapreneur

(b) Employee (d) Manager

Ans: (c) Intrapreneur

Q 38: The Google “Innovation Time Off” program has a formal process for their selection of entrepreneurial projects. For Google employees to participate in the program, he ? she needs to submit a project proposal with a timeline. What will that selected employee for the program be called?

(a) Entrepreneur (c) Intrapreneur

(b) Employee (d) Manager

Ans: (c) Intrapreneur

Q 39: Which of the following concept is characterized by the duty of directors to take decisions in the interest of stakeholders?

(a) Insider trading (c) Fiduciary Responsibility

(b) Bribery (d) Corporate governance

Ans: (d) Corporate governance

Q 40: Which of the following concept is characterized by the legal responsibility of Business?

(a) Insider trading (c) Fiduciary Responsibility

(b) Bribery (d) Corporate governance

Ans: (c) Fiduciary Responsibility