Important MCQ-Based Questions for class 11 Entrepreneurship chapter-Employment and Education
This page consists of Important MCQ questions from the chapter Employment and Education uploaded as per the CBSE syllabus and consists of a detailed explanation. Questions are prepared from the entire chapter-Employment and Education to give you effective revision.
Find below MCQ-Based Questions for class 11 Entrepreneurship chapter-Employment and Education
Important MCQ-based questions Entrepreneurship class 11 chapter-Employment and Education Set-A
English - Employment and Education
Class XI
Q.1. Education for enterprise is closely related to
a. procuring degree.
b. human resource development.
c. earning profit.
d. procuring employment.
Answer:
(b)
Explanation: Education for enterprise focuses on overall human resource development. It targets at holistic development of individuals by developing a variety of skills in them.
Q.2. Analytical & critical thinking process bestows an
entrepreneur with
a. high earning.
b. interpersonal relationship.
c. confidence.
d. status.
Answer:
(c)
Explanation: Analytical & critical thinking process equips an entrepreneur with the ability to organise things, visualise, articulate and solve complex problems and concepts which make an entrepreneur more confident.
Q.3. Communication, writing and organising skills
form an essential part of an entrepreneur’s
a. technical skill.
b. confidence.
c. delegable tasks.
d. basic Education.
Answer:
(a)
Explanation: Communication skill, writing skill & organising skill collectively form a part of technical skill, necessary for holistic development of an entrepreneur.
Q.4. Good communication is related to
a. good interpersonal relationship.
b. risk taking skills.
c. experience.
d. status.
Answer:
(a)
Explanation: Good communication helps in building good and healthy relationships with internal & external stakeholders. It also enhances understanding level towards the needs and intents of stake holders.
Q.5. A driving life force that will ultimately lead to maximising one's abilities and determine the path of one's life refers to
a. experience.
b. self actualisation.
c. dynamism.
d. potential.
Answer:
(b)
Explanation: A feeling of self sufficiency makes one individual feel determined, motivated and committed towards the work. A feeling of self fulfillment provides an entrepreneur with a thrust towards goal realisation.
Q.6. Mental faculty helps in creating
a. entrepreneur.
b. vision.
c. business.
d. discipline.
Answer:
(b)
Explanation: Vision building is an intellectual process and requires synergy of various faculties of mind. Education develops the faculties of mind, which results in the development of appropriate vision.
Q.7. Vision in an entrepreneur refers to
a. predicting.
b. foreseeing future opportunities.
c. giving prophecies.
d. realising one’s full potential.
Answer:
(b)
Explanation: A vision paints a picture of what the organisation strives to become in the future. A leader with a strong vision motivates the team to achieve this picture, regardless of the action plan that will be employed.
Q.8. Ability to adjust refers to
a. adaptability.
b. education.
c. moral values.
d. profit earning capacity.
Answer:
(a)
Explanation: It refers to how an individual can comfortably cope up and progress with economic, political and social environment, rather than standing against them and incurring/suffering losses.
Q.9. University education spans around
a. entrepreneurs.
b. skill development.
c. acquiring in depth knowledge of various subjects.
d. human resource development.
Answer:
(c)
Explanation: University education provides in depth knowledge of various subjects through laboratory experimentation, project work, practical work etc.
Q.10. Professional education spans around
a. acquiring in depth knowledge of a particular subject
b. general knowledge
c. vision building
d. developing mental faculty
Answer:
(a)
Explanation: Professional education spans around in depth knowledge of a particular subject, as it seeks to develop the capacity to offer technical services.
Q.11. General education is provided at
a. professional level.
b. college level.
c. primary & secondary level.
d. post graduation level.
Answer:
(c)
Explanation: General education focuses to provide a general view of all the subjects, rather than concentrating on a single subject. In introduces all the subjects to scholars with an aim to make them learn the basics of all subjects.
Q.12. General education refers to
a. only knowledge
b. only productivity
c. knowledge & productivity both
d. only knowledge without productivity
Answer:
(d)
Explanation: As general education provides the basic knowledge of all subjects, it can be said that it provides knowledge only and does not add to the productivity.
Q.13. Capable workforce age group refers to people in the age bracket of
a. 15 to 60yrs.
b. 10 to 20yrs.
c. 20 to 80yrs.
d. 40 to 100yrs.
Answer:
(a)
Explanation: It refers to the people who are able & willing to work. On one hand, people with less than 15 years of age are considered as children, while on the other hand people who are above 60 years are not considered as very strong to cope with the pressure of work. So, the people falling in the bracket of 15-60 years are considered as qualified to be capable of getting engaged into gainful employment.
Q.14. Present educational edifice lacks
a. funds.
b. managerial education.
c. freedom to learn & practice.
d. good faculty.
Answer:
(c)
Explanation: Present educational edifice lacks freedom to learn and practice due to lack of proper infrastructural facilities and stress on procuring grades.
Q.15. William Durant & Henry Ford did not have
formal education, yet they were known as
a. great employers.
b. successful entrepreneurs.
c. researchers.
d. motivators.
Answer:
(b)
Explanation: Formal education is not a pre-requisite for being a successful entrepreneur. One must have adaptability, competitiveness, confidence, dedication and risk taking abilities for being a successful entrepreneur.
Q.16. Systematising of things refers to
a. organising.
b. completing work.
c. developing work culture.
d. collecting things.
Answer:
(a)
Explanation: It refers to arranging and organising things in a proper way by putting them into correct order and placement.
Q.17. For marketing products one needs to have
a. good communication skills.
b. dynamism.
c. organising skills.
d. education.
Answer:
(a)
Explanation: For creating the interest of a customer in a particular good or service, one has to explain or address doubts of the customer about use & qualities of that good or service. This is possible with the help of good communication skills only.
Q.18. Vision of an entrepreneur envisages
a. a well defined path for enterprise.
b. problems.
c. work force to be recruited.
d. tasks to be accomplished.
Answer:
(a)
Explanation: Vision of an entrepreneur by providing him a long term picture of an organisation envisages a well defined direction for the enterprise.
Q.19. Education enlarges the vision of an entrepreneur
by continuous
a. assimilation of knowledge throughout the life.
b. hard work.
c. innovation.
d. success.
Answer:
(a)
Explanation: Education enlarges the vision of an entrepreneur by making him a life-long learner. He not only learns from books, but also assimilates knowledge throughout his life from different situations and environment.
Q.20. Information makes an individual aware and
confers him with
a. patience.
b. confidence.
c. commitment.
d. resources.
Answer:
(b)
Explanation: Information makes an individual confident by making him aware of the issues in managing an organisation. As a result he feels confident.
Important MCQ-based questions Entrepreneurship class 11 chapter-Employment and Education Set-B
Q.21. For transacting effectively an entrepreneur needs
a. good communication skills.
b. decision making skills.
c. risk taking skills.
d. technical skills.
Answer:
(a)
Explanation: For transacting in business one needs to communicate to the stake holders about the qualities & uses of the products.
Q.22. Writing skills enable an entrepreneur to
a. write letters.
b. write stories.
c. develop good relationship skills.
d. convey his orders & policies to the staff & connect to outsiders.
Answer:
(d)
Explanation: For successful execution of the work, an entrepreneur needs to be qualified to be able to convey his orders to his employees in the right sense. He can also develop good interpersonal relationships with the prospective customers and investors by addressing their queries & conveying his course of action through writing.
Q.23. Interpersonal skills are required to
a. promote the products of an enterprise.
b. earn profit.
c. decide about a company’s policies.
d. ensure discipline.
Answer:
(a)
Explanation: The qualities of a product can effectively be explained, if one possesses good interpersonal skills. With the help of these skills, one can target prospective & present customers.
Q.24. Improvement in emotional & skill quotient of
employees helps in
a. developing technical skills
b. building up of informal relations with employees
c. developing good work culture
d. finding out faults in the organisational structure
Answer:
(c)
Explanation: Improvement in emotional and skill quotient makes an individual more focused, orderly and organised and this facilitates developing the work culture.
Q.25. Discontent among the employees can be
controlled by
a. giving them good remuneration.
b. providing good opportunities.
c. improving their emotional quotient.
d. giving them more work.
Answer:
(c)
Explanation: Enhancing the emotional quotient of employees will help in controlling discontent among them and thereby building good interpersonal relations.
Q.26. Development of an enterprise on a well defined
path refers to
a. aligning its direction and magnitude of growth.
b. earning profit.
c. organising.
d. training its employees.
Answer:
(a)
Explanation: Movement along a well defined path always ensures success, as right direction of an enterprise adds momentum to its growth.
Q.27. Decisions of an entrepreneur should be based
upon
a. careful and critical assessment of course of action.
b. the attitude of employees.
c. his qualification.
d. the qualification of his employees.
Answer:
(a)
Explanation: To ensure fulfillment of his/her vision, an entrepreneur must take decisions in the light of critical and careful assessment of situations.
Q.28. Civic & social sciences, general science, health & moral lessons are a part of
a. primary education.
b. professional education.
c. university education.
d. post graduation education.
Answer:
(a)
Explanation: These are part of primary education as primary education is more concentrated on developing subjective knowledge rather than developing practical knowledge.
Q.29. Self actualisation of an entrepreneur refers to
a. procuring support for self.
b. realising one’s real potential.
c. actually looking into a situation.
d. selflessly working for an enterprise.
Answer:
(b)
Explanation: Self actualisation means the desire for self-fulfillment. It refers to the tendency to become actualised in what one potentially is. It is the driving force that maximises one’s potential.
Q.30. If there is a relation between a father’s
occupation and his son’s occupation, then it is
known as
a. regression.
b. relationship business.
c. monopoly.
d. correlation.
Answer:
(d)
Explanation: Correlation measures the relationship between two variables. It is generally visualised that if father is in some business, his son would also be interested in continuing with the same business.
Q.31. ‘Entrepreneurship & education is negatively
related’. This is
a. proven statistically.
b. a myth.
c. a perfect statement.
d. happens in general.
Answer:
(b)
Explanation: It is a myth as entrepreneurship and education are positively related. Those who are professionally qualified have better entrepreneurial skills in comparison to others.
Q.32. To maintain success year after year an
entrepreneur must
a. remain a constant learner to gain knowledge.
b. keep his employees happy.
c. sell goods at high prices.
d. capture good share of the market.
Answer:
(a)
Explanation: To maintain success on a continuous basis one has to persistently acquire and apply skills and technologies. Only by keeping pace with developments, can an entrepreneur ensure success.
Q.33. Interpersonal relationship with employees can
be improved by
a. talking to employees every day.
b. developing an understanding with employees.
c. accepting the demands of the employees.
d. allowing them to informally communicate with each other.
Answer:
(b)
Explanation: Interpersonal relationship are social associations, connections or affiliation between two or more people. By understanding the needs and problems of the employees, good interpersonal relationships can be developed.
Q.34. Basic resources and support help an
entrepreneur to
a. develop a good product.
b. earn constant profit.
c. start his enterprise.
d. gain confidence.
Answer:
(c)
Explanation: Basic resources like men, money, materials and support of people are the pre-requisites for starting an enterprise.
Q.35. Growth in human resource is stimulated through
a. education.
b. rigid values.
c. work.
d. earning money.
Answer:
(a)
Explanation: Education stimulates growth in human resource by instilling qualities like intelligence, self-confidence, innovative skills etc.
Q.36. Education aspires to make a person
knowledgeable and
a. egoistic.
b. working.
c. employed.
d. productive.
Answer:
(d)
Explanation: Education aims at the overall development of an individual. It aims to make an individual productive by conferring him/her with an ability to innovate & create some thing new for social application.
Q.37. There is a better placement of technically
educated people in comparison to those who
have general education. This means that
technically educated people
a. earn better.
b. live at a better place.
c. work at a better place.
d. perform for a long period of time.
Answer:
(a)
Explanation: Technically educated people are better placed and earn better than people having general education because they have in depth knowledge of their field and they have the capacity to offer better services.
Q.38. Growth of capable workforce of India is a
collective result of
a. training & research.
b. increase in population & education.
c. family business & education.
d. development & education.
Answer:
(b)
Explanation: Workforce is considered capable, if it has knowledge and falls in the age bracket of 15-60yrs. Increase in the population of India is giving rise to an increase in the number of people falling in this age bracket. Increasing educational institutions help in making them capable to produce and earn better.
Q.39. Capacity to innovate is imperative requisite of
a. an employee.
b. an educationist.
c. an entrepreneur.
d. a country.
Answer:
(c)
Explanation: Every entrepreneur has a desire to do things better and to improve his product and service. Innovation and creativity are the inherent characteristics of an entrepreneur.
Q.40. Present system of education does not directly
provide an individual with
a. innovative ideas.
b. knowledge.
c. growth.
d. degree.
Answer:
(a)
Explanation: Present educational system focuses on obtaining good grades rather than providing practical knowledge to the students. Generally students do not practice the application skills & hence they eventually remain incapable of generating innovative ideas.
Q.41. Entrepreneurship is related to
a. skill development.
b. motivating people.
c. developing innovative products and services for social use.
d. imitating the technique of doing business.
Answer:
(c)
Explanation: Every entrepreneur seeks to develop something new by converting a problem into a challenge. But his responsibility does not cease here. He has to ensure that society is benefitted by his innovations.
Q.42. Entrepreneurship facilitates the development of
a. organisation.
b. employees’ knowledge base.
c. knowledge.
d. social vision and application.
Answer:
(d)
Explanation: Entrepreneurship develops the ability to put ideas, objects and services to social application and use. Developing new products is useless, unless they are not used by the society.
Q.43. Professional qualification provides the ability to
offer
a. goods.
b. services.
c. innovation.
d. moral values.
Answer:
(b)
Explanation: Professional qualification provides the capacity to offer services in that particular field by concentrating on developing the in depth knowledge of a particular field.
Q.44. N.R Narayana Murthy is known as an epitome of moral integrity with a great sense of business acumen. His core competencies are acquired through
a. his general education.
b. his professional education and experience.
c. his rigidness.
d. his behaviour towards his employees.
Answer:
(b)
Explanation: He developed these abilities through his professional education and experience. He is a Bachelor of Engineering (Electrical) from the University of Mysore and M.Tech from IIT Kanpur.
Q.45. Reliance underwent the process of backward integration from textile into polyester fibre and then to petrochemicals in the leadership of Mukesh Ambani. Such quick changes in the company can be assigned to Mukesh Ambani’s
a. experience.
b. knowledge and technical skills.
c. urge to earn profit.
d. management skills.
Answer:
(b)
Explanation: His knowledge in Business Administration and his technical skills in Chemical Engineering provided vision to him.
Q.46. At IBM, employees share a sense of community
and work in an environment that values
intelligence and innovation. These qualities
represent good
a. work culture.
b. organisational system.
c. interpersonal relationship.
d. communication network.
Answer:
(a)
Explanation: Interpersonal relationship among employees and there comfort level with environment makes them motivated and productive. This shows good work culture.
Q.47. Great entrepreneurs have vision, not just ideas.
This line signifies that
a. vision is necessary and not ideas.
b. vision and ideas both are necessary.
c. only vision is necessary.
d. only idea is necessary.
Answer:
(b)
Explanation: Vision is necessary to make wealth out of ideas. First an idea is conceived, but to implement the idea, one needs to have a vision. So, both are necessary.
Q.48. Social application of ideas generates
a. wealth.
b. knowledge.
c. loss.
d. unrest.
Answer:
(a)
Explanation: Putting ideas, products, objects and services to social use, one can anticipate a sustainable return on investment.
Q.49. A person who does not perform well in studies can become a successful entrepreneur. This is a
a. myth.
b. reality.
c. present scenario.
d. observation.
Answer:
(a)
Explanation: It is a myth. Though there were people like William Durant, Henry Ford and in Indian context Dhirubhai Ambani; who did not have formal education and yet have been successful entrepreneurs, yet there are many other entrepreneurs who show a positive relationship between education & entrepreneurship to refute this myth.
Q.50. K.P Singh, bought barren land on the outskirts
of Gurgaon to tap the untapped potential of the place. This foresight is called
a. self-actualisation.
b. leadership.
c. vision.
d. motivation.
Answer:
(c)
Explanation: He had the vision to tap the untapped barren land in Gurgaon. Today, Gurgaon is one of the real-estate hotspots of the country.