Question

Match List I with List II :

List I	List II
(A) Equity financing	(II) Selling ownership shares
(B) Strategic Alliance	(III) Partnership for mutual benefit
(C) Entrepreneurial Mindset	(IV) Innovative thinking
(D) Break even point	(I) No profit No loss

Choose the correct answer from the options given below :

• A. (A)-(III), (B)-(II), (C)-(IV), (D)-(I)
• B. (A)-(III), (B)-(IV), (C)-(II), (D)-(I)
• C. (A)-(II), (B)-(III), (C)-(IV), (D)-(I)
• D. (A)-(IV), (B)-(II), (C)-(III), (D)-(I)

Hint:

In matching questions, identify the one you are 100% sure of first. "Break even point" = "No profit No loss" is a standard definition that quickly helps eliminate incorrect options.

Answer 1

The Correct Option is C

Step 1: Understanding the Concept:
This question tests definitions of key entrepreneurial and financial terms.
Step 2: Detailed Explanation:
1. Equity financing (A): This involves raising capital through the sale of shares. Investors get partial ownership in exchange for funds. Thus, (A) matches (II).
2. Strategic Alliance (B): This is an agreement between two or more parties to pursue a set of agreed-upon objectives needed while remaining independent organizations, sharing resources for mutual benefit. Thus, (B) matches (III).
3. Entrepreneurial Mindset (C): This refers to a specific state of mind which orientates human conduct towards entrepreneurial activities and outcomes, primarily driven by innovative thinking. Thus, (C) matches (IV).
4. Break even point (D): This is the production level where total revenues equal total expenses. In other words, the point of "No profit, no loss". Thus, (D) matches (I).
Step 3: Final Answer:
The correct matching sequence is (A)-II, (B)-III, (C)-IV, (D)-I.