BO-UNIT-2-IMP

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#1. What is the first step in establishing a new business?

#2. What does ROI stand for in business?

#3. In financial planning, what does the term "break-even point" refer to?

#4. What is the purpose of a Unique Selling Proposition (USP)?

#5. Which of the following is an example of a variable cost for a manufacturing business?

#6. What is a cash flow statement used for in financial planning?

#7. What does the acronym KPI stand for in business?

#8. Which factor is NOT typically included in the marketing mix?

#9. What is the purpose of a feasibility study in the business planning process?

#10. What does the term "bootstrapping" mean in the context of business?

#11. What is the purpose of a cash reserve in financial planning?

#12. In the context of product development, what does the term "prototype" refer to?

#13. What is the purpose of a non-disclosure agreement (NDA) in business?

#14. Which of the following is a key trait of a successful businessman?

#15. Successful businessmen often demonstrate resilience. What does resilience refer to in this context?

#16. Time management is crucial for success in business. What does effective time management involve?

#17. Which leadership style involves giving employees the freedom to make decisions and complete tasks on their own?

#18. A successful businessman is often known for being:

#19. Emotional intelligence is an important quality for a successful businessman. What does emotional intelligence involve?

#20. Successful businessmen often possess excellent negotiation skills. What is a key aspect of effective negotiation?

#21. In the context of leadership, what does the term "delegation" refer to?

#22. What does the term "integrity" mean in the context of successful businessmen?

#23. In the context of teamwork, what does "collaboration" involve?

#24. Successful businessmen often emphasize the importance of innovation. What does innovation involve?

#25. A successful businessman often demonstrates financial literacy. What does financial literacy involve?

#26. Which of the following is an example of effective problem-solving skills in a businessman?

#27. In a sole proprietorship, who owns and manages the business?

#28. What is the primary advantage of a sole proprietorship?

#29. In terms of liability, the owner of a sole proprietorship is:

#30. Which of the following is a limitation of a sole proprietorship?

#31. What happens to the business if the owner of a sole proprietorship passes away?

#32. In a general partnership, how are profits and losses shared among partners?

#33. What is a key characteristic of a limited partnership?

#34. In a limited liability partnership (LLP), how is the liability of partners limited?

#35. How is decision-making typically structured in a partnership?

#36. What is the significance of shares in a joint stock company?

#37. In a public joint stock company, how are shares traded?

#38. What is a characteristic of the board of directors in a joint stock company?

#39. How is ownership transferred in a joint stock company?

#40. In a worker cooperative, who typically owns and manages the business?

#41. How are profits distributed in a cooperative?

#42. How is decision-making typically structured in a cooperative?

#43. What is a major disadvantage of a sole proprietorship?

#44. In a partnership, how are losses typically shared among partners?

#45. What is a key similarity between a joint stock company and a cooperative?

#46. Which form of business organization is most suitable for raising capital through the sale of shares on the stock market?

#47. Which business form offers the advantage of limited liability and ease of transferability of ownership?

#48. What is a common disadvantage of both sole proprietorship and partnership?

#49. In a cooperative, what role do members play in decision-making?

#50. What is a major merit of a sole proprietorship?

#51. One of the demerits of a sole proprietorship is:

#52. What is a potential merit of shares in a joint stock company?

#53. In a public joint stock company, shares are typically traded:

#54. What is the main difference between a private and a public company?

#55. What is one advantage of being a public company?

#56. Which financial document is required for a public company but not necessarily for a private company?

#57. What is an IPO?

#58. Which of the following statements is true for a private company?

#59. What is the minimum number of shareholders required for a company to go public?

#60. Which type of company is more likely to face strict regulatory requirements?

#61. In a public company, who elects the board of directors?

#62. Which of the following is a disadvantage of being a public company?

#63. What is the primary source of funding for a private company?

#64. Which of the following is true for a public company's shares?

#65. What is a prospectus in the context of going public?

#66. Which market is associated with the trading of public company shares?

#67. What is the role of a registrar in the context of public companies?

#68. Which of the following is a reason a company might choose to remain private?

#69. What is the maximum limit of paid-up share capital for an OPC to be eligible?

#70. What is the significance of the term "limited liability" in the context of an OPC?

#71. Can an OPC be converted into a private or public company at a later stage?

#72. What is the regulatory body overseeing the registration and functioning of companies, including OPCs, in India?

Finish