Entrepreneurship – ITI Mock Test 1st Year Employability SkillTestEntrepreneurship – ITI Mock Test 1st Year Employability Skill All Trade Entrepreneurship - ITI Mock Test 1st Year Employability Skill 1 / 181. The amount collected by selling a product or service is called sales. A) True B) False C) Nothing D) True and False 2 / 182. Which of the following is not a part of Money Management? A) Manufacturing B) Loss C) Cash avaliable D) Profit 3 / 183. Being responsible for your actions towards customers is known as _________. A) Accountability B) Discipline C) Marketing D) Respect 4 / 184. Showing the customer that your product actually works and does what it says, is called _____ in a sales pitch. A) Picture B) Power C) Product D) Proof 5 / 185. What does a person need to succeed in Entreprenuership ? A) Money B) Power C) Politics D) Mindset 6 / 186. What does 'S' in SMART stand for? A) Specific B) Success C) Strength D) Smart 7 / 187. Which of these are ethics for business? A) Respecting Consumer Rights B) Treating everyone fairly, from customers to co-workers to employees C) Saying no to bribes D) All of the above 8 / 188. Which is the Good method to interact with customer for survey? A) Go prepared with the questions that you want to ask B) Speak to at least 20 people to get reliable data. C) Speak Politely & deeply D) All of the above 9 / 189. Goods and Service Taxes (GST) Bill was implemented in _________ . A) 2017 B) 2019 C) 2020 D) 2018 10 / 1810. Which of the following are methods of marketing? A) Word of Mouth B) Schemes & Discount C) Social Media page promotion D) All of the above 11 / 1811. Best way to identify customers needs is ___________. A) Through 3rd person B) By advertising on newspaper C) By observation and Message D) By talking to them and survey 12 / 1812. Which of these is not online marketing? A) Facebook Post B) Business Website C) Instagram Story D) 30% discount on your first store visit 13 / 1813. How much bank loan "The Standup India" schemes offers for setting up new enterprises outside of the farming sector? A) 50 lakh - 1 Croce B) 1lakh - 10 lakh C) 1 lakh - 50 lakh D) 10 lakh - 1 Croce 14 / 1814. What is the full form of FMCG? A) First Moving Customer Goods B) First Moving Consumer Goods C) Fast Making Customer Goods D) Fast Moving Consumer Goods 15 / 1815. Which of these is a quality of an entrepreneur? A) Hardworking B) Creative C) Risk taker D) All of the Above 16 / 1816. The recipe for success includes A) Self-Awareness & Self- Belief B) Independence C) Grit D) All of the Above 17 / 1817. Which is the important scale to improve business ideas? A) Customer B) Competitor & Technology C) Funds & Govt Schemes D) All of the above 18 / 1818. A ________ describes what a company desires to achieve in the long-run A) Ethical practice B) Marketing strategy C) Business strategy D) Vision statement Your score is LinkedIn Facebook Twitter Restart Test