This quiz works best with JavaScript enabled. Home > Cbse > Class 11 > Commerce > Entrepreneurship > Class 11 Entrepreneurship Chapter 5 Enterprise Growth And Expansion – Quiz 1 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 11 Entrepreneurship Chapter 5 Enterprise Growth And Expansion Quiz 1 (18 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Adding pumps to hand wash bottles is what type of value addition? A) Cultural added value. B) Environmental added value. C) Quality added value. D) Cause-related added value. Show Answer Correct Answer: C) Quality added value. 2. Which ingredient of the franchise agreement mentions the use of the brand name? A) Proprietary Statements. B) Operations Manual. C) Ongoing Site Maintenance. D) Contract Explanation. Show Answer Correct Answer: A) Proprietary Statements. 3. Vodafone India merged with IdeaCellular, to form a new entity named Vodafone Idia Limited. This form of merger is called: A) Amalgamation. B) Absorption. C) All the above. D) None of the above. Show Answer Correct Answer: A) Amalgamation. 4. 'The franchisor, particularly in the food business, identifies purveyors and suppliers that meet the quality standards established.' which advantage to the franchisee is highlighted here? A) Product acceptance. B) Management expertise. C) Knowledge of the market. D) Operating and structural controls. Show Answer Correct Answer: D) Operating and structural controls. 5. Franchising and mergers and acquisitions are examples of which type of expansion? A) Agreement. B) Internal. C) External. D) Both (B) and (C). Show Answer Correct Answer: C) External. 6. 'Finances, legal structure and management structure' will come under which type of primary or secondary activities? A) Inbound logistics. B) Firm infrastructure. C) Outbound logistics. D) Procurement. Show Answer Correct Answer: B) Firm infrastructure. 7. 'Improvement in processes through better technology and greater procedural knowledge is important to the present and future success of a company.' Which value chain requirement is this referring to? A) Coordination and collaboration. B) Organizational process. C) Leadership. D) Organizational culture and attitudes. Show Answer Correct Answer: B) Organizational process. 8. Mainly how many ingredients are there in franchise agreement? A) One. B) Four. C) Three. D) Two. Show Answer Correct Answer: B) Four. 9. Broadcom deals in the manufacturing of Bluetooth personal area network hardware systems and chips for IEEE 802.11b wireless LAN whereas, Mobilink Telecom Inc. deals in the manufacturing of product designs meant for handsets that are equipped with the Global System for Mobile Communications technology. Merging of these two will be what type of merger? A) Product extension mergers. B) Horizontal merger. C) Market extension mergers. D) Conglomerate. Show Answer Correct Answer: A) Product extension mergers. 10. In how many ways can an organisation expand? A) One. B) Three. C) Four. D) Two. Show Answer Correct Answer: D) Two. 11. Foundation of the relationship between the franchisor and franchisee is ..... A) Opportunity. B) Format agreement. C) Standardisation agreement. D) Franchise agreement. Show Answer Correct Answer: D) Franchise agreement. 12. During the pandemic many companies like Dettol have started producing surface disinfectants. what type of expansion is this? A) External. B) Internal. C) All the above. D) None of the above. Show Answer Correct Answer: B) Internal. 13. What role does an entrepreneur play in growth/expansion of a business? A) Employee and organisor. B) Manager and Leader. C) Leader and motivator. D) Manager and employee. Show Answer Correct Answer: B) Manager and Leader. 14. Ananya Private Limited Company deals in dairy products.The company is quite aware about the importance of growth and believe in the saying, ' You either grow or you die.' Therefore, the company is planning to expand its current production capacity by increasing the number of its livestock.Which form of expansion is the company planning? A) Internal expansion. B) External expansion. C) Both. D) None. Show Answer Correct Answer: A) Internal expansion. 15. What is the net result of internal expansion? A) Poor management. B) Adverse effect on goodwill. C) Combination of two or more concerns. D) Increase in business activities. Show Answer Correct Answer: D) Increase in business activities. 16. Franchising began back in the 1850's when ..... invented the sewing machine.He began selling licenses to entrepreneurs in different parts of the country. A) Ray Kroc. B) Isaac Singer. C) Sanders. D) Venkatesh Iyer. Show Answer Correct Answer: B) Isaac Singer. 17. The person who purchases the franchise and is given the opportunity to enter a new business with a better chance to success Is known as? A) Franchisor. B) Assessee. C) Manufacturer. D) Franchisee. Show Answer Correct Answer: D) Franchisee. 18. Bata grants Sattu, a store owner, the authority to distribute shoes, bags and related accessories by Bata and allows him to use the name and trademark of Bata. what type of franchise is this? A) Business franchise opportunity venture. B) Product franchise business opportunity. C) Manufacturing franchise opportunity. D) Business format franchise opportunity. Show Answer Correct Answer: B) Product franchise business opportunity. Related QuizzesCommerce QuizzesClass 11 QuizzesClass 11 Entrepreneurship Chapter 2 Entrepreneurial Planning QuizClass 11 Entrepreneurship Chapter 4 Project Formulation QuizClass 11 Entrepreneurship Chapter 7 Role Of Government In Promoting Entrepreneurship Quiz 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books