| 61 |
In a franchise arrangement, the party that grants the right to use its brand and business system is the: |
Entrepreneurship
Franchising |
Easy |
| 62 |
A continuing payment, often a percentage of sales, made by a franchisee to the franchisor is called a: |
Entrepreneurship
Franchising |
Easy |
| 63 |
A franchisee receives the brand name, store layout, recipes, staff training and marketing support of a restau… |
Entrepreneurship
Franchising |
Medium |
| 64 |
Which is a limitation of franchising from the franchisee's point of view? |
Entrepreneurship
Franchising |
Medium |
| 65 |
A popular tea chain wants to open 200 outlets across India in two years but has limited capital. Why is franc… |
Entrepreneurship
Franchising |
Hard |
| 66 |
A merger between two companies that make the same product and compete in the same market is a: |
Entrepreneurship
Mergers and acquisitions |
Easy |
| 67 |
The idea that a combined firm is worth more than the two firms separately is called: |
Entrepreneurship
Mergers and acquisitions |
Easy |
| 68 |
A car manufacturer acquires a company that supplies its steel sheets. This is an example of: |
Entrepreneurship
Mergers and acquisitions |
Medium |
| 69 |
A food-processing company buys a software firm in order to spread its business risk. This is mainly a: |
Entrepreneurship
Mergers and acquisitions |
Medium |
| 70 |
Company X buys more than half of Company Y's shares from the market even though Y's board openly opposes the … |
Entrepreneurship
Mergers and acquisitions |
Hard |
| 71 |
A workshop spends ₹60,000 in total to produce 1,500 chairs. What is the unit cost of a chair? |
Entrepreneurship
Unit of sale and unit cost |
Easy |
| 72 |
For a home tutor who charges per hour of teaching, the unit of sale is: |
Entrepreneurship
Unit of sale and unit cost |
Easy |
| 73 |
A tailoring unit makes 400 shirts. Direct costs are ₹84,000 and allocated overheads are ₹36,000. What is the … |
Entrepreneurship
Unit of sale and unit cost |
Medium |
| 74 |
A shirt with a unit cost of ₹300 is sold for ₹360. What is the mark-up on cost? |
Entrepreneurship
Unit of sale and unit cost |
Medium |
| 75 |
A firm produces 300 units of product X at a unit cost of ₹50 and 200 units of product Y at a unit cost of ₹80… |
Entrepreneurship
Unit of sale and unit cost |
Hard |
| 76 |
The break-even point in units is calculated as: |
Entrepreneurship
Break-even analysis |
Easy |
| 77 |
A product sells for ₹50 per unit with a variable cost of ₹30 per unit. Fixed costs are ₹40,000. What is the b… |
Entrepreneurship
Break-even analysis |
Easy |
| 78 |
A firm has fixed costs of ₹80,000 and a P/V ratio of 40%. What are its break-even sales in rupees? |
Entrepreneurship
Break-even analysis |
Medium |
| 79 |
A firm's actual sales are ₹2,50,000 and its break-even sales are ₹2,00,000. What is the margin of safety as a… |
Entrepreneurship
Break-even analysis |
Medium |
| 80 |
Products A and B are sold in the ratio 3 : 2. Contribution per unit is ₹10 for A and ₹20 for B. Fixed costs a… |
Entrepreneurship
Break-even analysis |
Hard |