MGT602_Quiz_17 to 22

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Lesson no 17 to 22

1-Following is/are the factor(s) that facilitate the growth of e-commerce are:

a) the widespread use of personal computers

b) the adoption of intranets in companies

c)  the acceptance of the internet as a business communications platform

d) all

2-The product life cycle is generally divided into the following stae(s):

a) product introduction

b) market growth and maturity

c) sales decline

d) all

3-The entrepreneur should first file a -------------- to establish a date of conception

a) the patent application

b) the disclosure document

c) patent infringement

d) none

4-A --------- must have become distinctive and gained reconition before it can be registered.

a) arbitrary mark

b) suggestive mark

c) descriptive mark

d) trade mark

5-A ------------- protects original works of authorship.

a) trade marks

b) trade secrets

c) copyrights

d) all

6-The consumer product safety Act, passed in---------

a) 1986

b) 1972

c) 1970

d) 1965

7-Common types of insurance include:

a) property insurance

b) casualty and life insurance

c) bonding

d) all

8-Insurance companies calculate the premium for workers' compensation as a percentage of:

a) parrolls

b) type of business

c) prior claim

d) all

9- The perspective(s) need to be considered in the business plan is/are:

a)  entrepreneur

b)  investor

c)  marketing perspective

d)  all

10-The -------- provides a brief summary of the business plan's contents.

A executive summary

B  introductory page

C  environmental and industry analysis

D  description of the venture

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MGT602_Quiz_11 to 16

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MCQs

 

MT602

 

Lesson no 11 to 16

 

1        -------- is the process of an entrepreneur conductin business activities across national boundaries.

 

A national entrepreneurship

B international entrepreneurship

C both a and b

D non of the iven option

 

2        an entrepreneur is concerned about the same basic issue(s)

 

a sales

b costs

c profits

d all

 

3        a countrie's ------------affects the valuation of its currency.

 

A economics

B culture and traditions

C balance of payments

D technoloical environment

 

 

4        laws overnin business arranements also vary reatly in the ----- different leal systems and sets of national laws.

 

A 150

B 50

C 100

D 95

 

5        to understand what is required for effective plannin, reportin and control the entrepreneur should consider:

 

a environment analysis

b strateic plannin

c operatin plannin

d all

 

6        lesser-developed countries are able to obtain manufacturin technoloy without surrenderin economic control throuh------------.

 

A licensin

B turn key projects

C direct forein investment

D direct exportin

 

7        a ------------ is the combination of two firms that produce closely related projects in the same area.

 

A product extension merer

B vertical merer

C horizontal merer

D diversified activity merer

 

8        the ----- method for eneratin new ideas is based on the fact that people can be stimulated to reater creativity by meetinwith others and participatin with oranized roup experiences.

 

A brainstormin

B focus roup

C problem inventory analysis

D non

 

9        ------------ is a creative process that forces individuals to solve problems throuh one of four analysis mechanisms: personal, direct, symbolic and fantasy.

 

A ordon method

B checklist method

C brainstormin

D synectics

 

 

10    ----------- method is a method of developin new ideas when the individuals are unaware of the problem.

 

A synectics

B ordon method

C reverse brainstormin

D matrix chartin

 

 

 

 

 

Lesson no 17 to 22

 

1        followin is/are the factor(s) that facilitate the rowth of e-commerce are:

 

a  the widespread use of personal computers

b  the adoption of intranets in companies

c  the acceptance of the internet as a business communications platform

d all

 

 

2        the product life cycle is enerally divided into the followin stae(s):

 

a product introduction

b  market rowth and maturity

c  sales decline

d all

 

3        the entrepreneur should first file a -------------- to establish a date of conception

 

a the patent application

b  the disclosure document

c  patent infrinement

d non

 

 

4        a --------- must have become distinctive and ained reconition before it can be reistered.

 

A arbitrary mark

B suestive mark

C descriptive mark

D trade mark

 

 

5        a ------------- protects oriinal works of authorship.

 

A trade marks

B trade secrets

C copyrihts

D all

 

6        the consumer product safety Act, passed in---------

 

a 1986

b 1972

c 1970

d 1965

 

7        common types of insurance include:

 

a property insurance

b  casualty and life insurance

c  bondin

d all

 

 

8        insurance companies calculate the premium for workers' compensation as a percentae of:

 

a parrolls

b  type of business

c  prior claim

d  all

 

 

9        the perspective(s) need to be considered in the business plan is/are:

 

a  entrepreneur

b  investor

c  marketin perspective

d  all

 

 

10    the -------- provides a brief summary of the business plan's contents.

 

A executive summary

B  introductory pae

C  environmental and industry analysis

D  description of the venture

 

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MGt602_quiz_6 to 10

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Lesson no 6 to 10

 

MT602

 

 

1-        Many companies are attemptin to create the same----- of entrepreneurship in the oranization.

 

A   spirit

B culture

C reward

D all

 

2-        The typical ---- has  a climate and reward system that favors conservative decision makin.

 

a) entrepreneurial process

b) opportunity identification

c) entrepreneurial culture

d) corporate culture

 

3-        there is/are individual characteristic(s) neede for a person to be successful entrepreneurs,

 

a) understandin the environment

b)bein visionary and flexible

c) creatin manaement options

d) all

 

4-       Without ---- commitment, the oranization will never be able to make the necessary chanes.

 

a) top manaement

b) upper manaement

c) middle manaement

d)  all

 

5-        with ---------- cut backs, more control has been iven to lower levels of the oranization.

 

a) top manaement

b) upper manaement

c) middle manaement

d) lower manaement

 

6 -       Women are now startin new ventures at ----- time(s) the rate of men.

 

a) one

b) two

c) three

d) four

 

7-       ---------- are motivated by the drive to control their own destinies,  -------- tend to be more motivated by the need for achievement arisin from job frustration.

 

a) men, women

b) women, men

c) none of the iven option

 

8  -     A/an ----------, an individual who creates somethin for the first time, is a hihly driven individual motivated by his or her own work and personal ideas.

 

a) entrepreneur

b) inventor

c)salesman

d) investor

 

9-        an entrepreneur falls in love with the new---------

 

a) industry

b) invention

c)  venture

d)  none

 

10-    what causes people to do somethin:

 

a) motivations

b) need for achievement

c)  need for independence

d)  all of the above

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MGT602_Quize_1 to 5

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1 The term entrepreneur came from:

a)  Latin

b) French

c) English (UK)

d) none of the given option

 

2 The term entrepreneur is translated as:

a)   between-giver

b)    between-taker

c)    receiver

d)    giver

 

3   The period in which the money person entered into a contract with the go-between to sell his goods is known as :

a)   middle aes

b)   18^th century

c)   17^th century

d)    earliest period

 

4   ----------viewed the entrepreneur as a risk taker who "buy(s) at an uncertain price, therefore operating at a risk"

a)   Eli Whitney

b)    Edward hariman

c)     Richard cantillon

d)     Thomas Edison 

5        a --------- is a professional money manager who makes risk investment from a pool of equity capital to obtain a high rate of return on investments

a )  venture capitalist

b)   entrepreneur

c)   businessman

d)  buyer

6- In the ---------- century, the notion of an entrepreneur as an innovator was established.

a)   17^th century

b)   late 19^th century

c)   middle of the 20^th century

d)  18^th century

7-In almost all definitions of entrepreneurship there is agreement that we are talking about a kind of  behavior that includes:

a)   initiative taking

b the organizing and reorganizing or social/economic mechanisms to turn resources and situations to practical account.

c) the acceptance of risk or failure

d)   all of the given option

 

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MGT602_Online_Quiz # 7

Entrepreneurship(MGT602)

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1.         What causes people to do something?

 

Need for achievement

Need for independence

Motivation

None of the mentioned options

 

2.         Individuals who help the entrepreneur in business activities

 

Role models

Professional-support network

Parents

None of the mentioned options

 

3.         The managers in an organization strongly supporting intrapreneurship is called -----------------------

 

Top management commitment

Upper management commitment

Lower management intrapreneur

Upper management intrapreneur

 

4.         ------------- involves a manufacturer giving a foreign manufacturer the right to use a patent, trademark or technology in return for a royalty

 

Licensing

Turn-key projects

Management contracts

None of the mentioned options

 

5.         Female entrepreneurs differ in terms of --------------------, -----------------------, and ---------------------------

 

Motivation

Business skills

Occupational background

 

6.         In terms of ------------------------------, most entrepreneurs initiate their entrepreneurial careers between the ages of 22 and 45.

 

Chronological age

 

7.         Creativity tends to decrease with age and education

           

            True

            False

 

8.         Arriving activity occurring when the venture is started

 

True

False

 

9.         The creator is an individual who creates something new

           

True

False

 

10.       An attribute indicating the sense of control that a person has over life is called locus of control

 

True

False

 

5)      In chronological age , most entrepreneurs start their careers between ages

a)      22 and 55

b)      30 and 55

c)      40 and 65

d)      None of the given options

 

6)      ___________________ is the combination of at least two firms doing similar businesses at the same market level.

a)      Diversified activity Merger

b)      Horizontal Merger

c)      Joint Venture

d)      Vertical Merger

 

 

 

7)      Which of the following is NOT recognized as a misconception about entrepreneurship?  

 

a) Entrepreneurship is found only is small businesses.

b) Entrepreneurship is easy.

c) Successful entrepreneurship needs only a great idea.

d) Entrepreneurial ventures and small businesses are different

 

9) All of the following are recognized as potential sources of entrepreneurial ideas EXCEPT:  

a) Work experiences, skills, and abilities

b) Familiar and unfamiliar products and services

c) Personal interests or hobbies

d) All of the selections are recognized as potential sources of entrepreneurial ideas.

 

10) An _______________________ is an individual who creates something for the first time, is a highly driven individual motivated by his or her own work and personal ideas.

a) Entrepreneur

b) Inventor

c) Both a and b

d) None of the given options

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MGT602_Online_Quiz# 6

Entrepreneurship (MGT602)

Quiz # 2

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1.         In brainstorming

 

No criticism is allowed

Quantity of ideas is desired

None of the mentioned options

Both of the mentioned options

 

2.         A technique that asks questions about objects or ideas in an effort to develop a new idea is

 

Heuristics

Matrix charting

Forced relationships

Attribute listing

 

3.         The solution development is

 

Big-Dream approach

Parameter Analysis

Creative synthesis

None of the above

 

4.         Perceived benefits /risks involve the following factors:

 

Utility to customer

Consumption habits

Buying motives

All of the above

 

5.         A patent is

           

            A document between government and an inventor

            Grants holder protection from others making, using, or selling similar idea

A public domain

None of the above

 

6.         -------------------------------------------- uses individuals in a manner that is analogous to focus groups to generate new product ideas.

 

Problem inventory analysis

 

7.         A ----------------------------- leads a group of people through an open, in-depth discussion.

           

            Moderator

 

 

8.         -----------------------------, --------------------------- and ----------------------------- should be evaluated fro both the concept being studied and any major competing products.

 

Features, price, and promotion

 

9.         In evaluation process, the -----------------------------------------------, provides actual sales results, which indicate the acceptance level of consumers.

           

Test marketing stage

 

10.       The ------------------------------------- technique develops methods for maximizing value to the entrepreneur and the new venture.

 

Value analysis

 

 

Entrepreneurship(MGT 602)

Quiz 03

 

1.         Marketing mix includes:

           

            Product or service

            Financing

            Consumer

            Retailer

 

 

2.         Which of the following statement is true for tax advantage of proprietorship?

           

            There is double tax on profits

            There is no capital stock tax or penalty for re tained earnings

            Both of the options given

            None of the options given

 

 

3.         Industry analysis should include information on:

           

Market size of competitor's product

Growth rate of suppliers

New products entry

Economic conditions

 

 

4.         We need to update the business plan because…………

 

Environmental factors and internal factors can change the direction of the plan

Goals set by the entrepreneurs may be unreasonable.

Goals may not be measurable.

Goals may not be specific

 

 

5.         Marketing research involves the gathering of data in order to determine information as:

           

Who will buy the product?

            What price should be charged?

            What is the most effective promotion strategy?

All of the mentioned options

 

 

6.         The marketing plan describes how the products will be distributed, priced, and promoted?

 

True

False

 

 

7.         The marketing plan should be a superficial document.

 

            True

            False

 

 

8.         The LLC is similar to an S corporation, but is more flexible

         

          True

          False

 

 

9.         The entrepreneur should have a good idea of who the customer or target market will be:

 

          True

          False

 

 

10.       The organizational plan section should not describe the venture's form of ownership

 

          True

          False

 

Entrepreneurship(MGT 602)

Quiz 04

 

1.         The most often used type of funds is

 

Inter nally gener ated funds

Externally generated funds

Commercial bank funds

None of the mentioned options

 

 

2.         Which of the following is not type of Bank Loans?

 

Inventory loans

Accounts payable loans

Equipment loans

Real estate loans

 

 

3.         Conventional bank loans include:

 

Lines of credit

In stallment loans

Straight com mercial loans

All of the mentioned options

 

 

4.         When an entrepreneur is unable to secure a regular com mercial bank loan, an alternative is a:

 

Small and medium enterprise loan

Character loan

Small Business Ad ministration (SBA) Guaranty Loan

Equipment loan

 

 

5.         Installment loans can be obtained by a going ven ture with a track record of:

 

Sales and profits

Customers

Supplier's chain

All of the mentioned options

 

6.         The financial plan provides the long term basis for budgeting and helps prevent a common problem-lack of cash.

 

True

False

 

 

7.         Cash flow is not the same as profit

 

True

False

 

 

8.         The most often used type of funds is inter nally gener ated funds

 

True

False

 

 

9.         Inventory is often a basis for a loan, par ticularly when inventory is not liquid

 

True

False

 

 

10.       The loan application format is generally a "mini" busi ness plan

 

True

False

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