mgt602 quiz

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here my quiz of MGT602

Which one of the following is the main problem for the entrepreneur in the beginning?

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Lack of experience Limited resources Lack of education None of the given options

 

Which of the following is essential if your business deals with the Paper production?.

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Operational Plan Bank loan Production plan Organizational plan

Entrepreneurial success has been significant because of the culture and the political and economic systems in _________.

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European countries Asian countries Transition economies Middle East

The importance of intellectual property should be understood by entrepreneur even before:

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Hiring a manager Engaging an attorney Developing a product Establishing new venture

It is proved that most businesses failed because of improper planning of an/a:

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Investor Marketer Entrepreneur Consultant

Following are the types of non equity arrangements EXCEPT:

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Licensing Management contracts Direct export Turnkey projects

___________ process of creating incremental wealth is called Entrepreneurship.

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Dynamic Static Continuous Systematic

An individual’s need to be recognized is called:

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Need for independence Need for affiliation Need of fame Need for achievement

Which one of the following is the fourth step in the entrepreneurial process?

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Developing successful business ideas Deciding to become an entrepreneur Growing the entrepreneurial firm Moving from an idea to an entrepreneurial firm

Foundation companies are formed from:

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Fashion Most popular business A winding up company Research and development

A marketing Plan answers the _______ types of questions

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1 2 3 4

On the part of entrepreneur which of the following has/ have a great concern to the Investors

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Experience Commitment Knowledge All of the above

Sales revenue of the internet based business can be projected from the:

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Number of customers Number of Hits Number of clicks All of the above options

Government can help in forming new venture by providing:

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Finance Technology Infrastructure Subsidiaries

Which of the following would be an advantage of starting a new business over acquisition?

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Established customer base Customer response to location Existing employees All of the above

Which one of the following culture that has a climate and reward system that favor conservative decision making?

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Entrepreneurial Intrapreneurial Corporate None of the given options

The person with capital was differentiated from the one who needed the capital in the:

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Middle ages 17th century 18th century 20th century

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Regards....

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MBA 3rd semester
Finance
Virtual University Pakistan