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    which one of the following is the main problem for the entrepreneur in the beginning stages of creating a new venture?

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    Multiple choice q & a

    ENTERPRENEURSHIP questions with solutions for students chapter in real life, entrepreneurs are those robbers that exploit their workers generate business

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    MGT602 Entrepreneurship Final Term MCQ & Papers 100% Solved

    MGT602 Entrepreneurship Final term Papers & MCQs   The resistance of employees in an organization against flexibility, growth, and diversification can be overcome by developing:  Entrepreneurship  Intrapreneurship  Managerial domain  Administrative domain   For the success of business plan the goals should be  Limitless  Generalized  Specific  Imaginary  …

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    MGT602 Entrepreneurship Final Term MCQ & Papers 100% Solved

    MGT602 Entrepreneurship Final term Papers & MCQs

    The resistance of employees in an organization against flexibility, growth, and diversification can be overcome by developing:

     Entrepreneurship  Intrapreneurship  Managerial domain

     Administrative domain

    For the success of business plan the goals should be

     Limitless  Generalized  Specific  Imaginary LMM stands for:

    Locally Manufactured Machinery

     Locally Manufactured Marble

     Local Marble Market

     Local Meat Market

    Which of the following is NOT essential part of the contract?

     All the parties involved should be named

     Transaction should be described in detail

     Obtain signatures of the persons involved

    Place where contract takes place

    Advertisements REPORT THIS AD

    Normally sponsor links are used in which of the following type of promotion?

     Publicity  Trade shows  Personal selling

     Internet advertising

    The Grameen Bank model is affectively used by which of the following institute?

     Education sector  Finance Sector  Rural Sector  NGOs

    Which one of the factors should be considered while assessing the space for business?

     Parking

     Access from roadways to facility

     Delivery rates

    All of the given options

    An actor and a person who managed large project were termed as the entrepreneur in the

    _________.  Earliest period  Middle ages  17th century

     19th and 20th century

    Which of the following usually is NOT deducted to the salaries?

     Provident fund  Income Tex  Insurance  Zakat

    LLC is more flexible than

     S Corporation

     Limited Partnership

     Sole Proprietor  All of the above

    Which of the following is NOT an example of collecting primary data?

     Internet  Focus Group  Interview  Observation

    Which two work environments should be good for spawning the new enterprises?

     Finance and marketing

    Finance and R&D  Marketing and R&D  Marketing and IT

    Which one of the following should consider in economy while conducting environmental analysis?

    GNP  Disposable income  Unemployment

     Channel of distribution

    __________ is commonly used to measure the short-term solvency of the venture?

    Debt to equity ratio

     Current ratio

     Profitability ratio

     Activity ratio

    Which one of the following is a barrier to new product creation and development?

     Trial and error

     Opportunity parameter

    Opportunity cost

     Intrapreneurship culture

    What is a target market?

     A group of customers a venture reaches by accident

     All consumers who purchase the venture’s product

    A specific group of potential customers toward which a venture aims its marketing plan

     A chain of discount stores

    In stage of responsibility allocation process the entrepreneur follows:

    Highly centralized decision making process

     Highly decentralized decision making process

     Somewhat centralized decision making process

     No particular standard

    Which one of the following is the process of entrepreneurs developing new products that over time make current products obsolete?

    Creative destruction

     New business model

     Anatomization

     None of the given options

    Factors contribute to the creation of new venture EXCEPT:

     Government  Finance

    High interest rates

     Role models

    Which one of the following gives suggestions for new product but also helps to market

    new product in the market?

     Existing products and services

    Distribution channels

     Federal government

     Consumers

    The chief motivational factor for _________________ entrepreneurs to leave jobs is the frustration of not being allowed to perform at the level of which they are capable.

     Male  Female  Young

    All of the given options

    Which of the following is the most important for the entrepreneur, while starting a new

    venture, to make an assessment of?

    Risk  Profit  Market  Competitors

    An entrepreneur doing business within the national border is called:

     International entrepreneurship

     Intrapreneurship

    Domestic entrepreneurship

     Imports

    A typical inventor is usually ________________________.

    Highly creative & in love with the invention

     Does not encourage change

     Willing to modify the invention in order to augment commercial benefit

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    MGT602 latest Quiz shared and solved by parishy

    virtual university mcq bank - MCQs from online quizzes

    MGT602 latest Quiz shared and solved by parishy

    www.vuzs.infomgt602 latest quizzshared by [email protected][email protected]

    Question # 1 of 15 ( Start time: 06:05:47 PM ) Total M - 1

    Which one of the Following is the way by which an entrepreneur can enter into international business?

    Select correct option:

    Export

    Non equity arrangements

    Direct foreign investment

    All of the given options

    Question # 2 of 15 ( Start time: 06:06:37 PM ) Total M - 1

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

    Select correct option:

    Lack of experience Limited resources Lack of education

    None of the given options

    Question # 3 of 15 ( Start time: 06:07:22 PM ) Total M - 1

    Which one of the following is an important source of idea generation due to their familiarity with the needs of market?

    Select correct option:

    Existing products and services

    Distribution channels

    Federal government Consumers

    Question # 5 of 15 ( Start time: 06:08:56 PM ) Total M - 1

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

    Select correct option:

    Hiring a manager

    Engaging an attorney

    Developing a product

    Establishing new venture

    Question # 6 of 15 ( Start time: 06:09:46 PM ) Total M - 1

    Which of the following is alternatively called corporate venturing?

    Select correct option:

    Entrepreneurship Intrapreneurship

    Act of stating a new venture

    Offering new products by an existing company

    Question # 7 of 15 ( Start time: 06:10:26 PM ) Total M - 1

    Government can help in forming new venture by providing:

    Select correct option:

    Finance Technology Infrastructure Subsidiaries

    Question # 8 of 15 ( Start time: 06:11:46 PM ) Total M - 1

    Members of distribution channels are excellent sources for new ideas because:

    Select correct option:

    They are familiar with the needs of the market

    They earn a handsome profit from new business

    They do not bother if entrepreneur bears a loss

    They have well-developed sales force

    Question # 9 of 15 ( Start time: 06:12:32 PM ) Total M - 1

    Which of the following is NOT essential part of the contract?

    Select correct option:

    All the parties involved should be named

    Transaction should be described in detail

    Obtain signatures of the persons involved

    Place where contract takes place

    Question # 10 of 15 ( Start time: 06:13:10 PM ) Total M - 1

    The activity which occurs when the new venture is started are called:

    Select correct option:

    Motivation Business skills Departure point Goal orientation

    Question # 11 of 15 ( Start time: 06:13:55 PM ) Total M - 1

    The transitional disturbance and lack of reform has led to boom black market in:

    Select correct option:

    China Hungary Singapore Poland

    Question # 12 of 15 ( Start time: 06:14:24 PM ) Total M - 1

    Foundation companies are formed from:

    Select correct option:

    Fashion

    Most popular business

    A winding up company

    Research and development

    Question # 13 of 15 ( Start time: 06:14:45 PM ) Total M - 1

    Good entrepreneurs are usually from families which are:

    Select correct option:

    Landlords Capitalists

    Can be from any family with supportive parents

    Conservative parents

    Question # 14 of 15 ( Start time: 06:15:19 PM ) Total M - 1

    In an international perspective, which of the following decisions are NOT covered under strategic planning of an entrepreneur?

    Select correct option:

    What are unique characteristics of each market?

    Who should be involved in marketing decisions?

    What customer benefits are provided by the product?

    What are the company’s major strengths and weaknesses?

    Question # 15 of 15 ( Start time: 06:16:42 PM ) Total M - 1

    Which one of the following makes formation of new ventures within a corporate structure difficult?

    Select correct option:

    Lack of intrapreneurial talent

    Lack of freedom to make autonomous decisions

    Lack of market opportunity

    Lack of knowledge

    Question # 1 of 15 ( Start time: 04:24:26 PM ) Total M - 1

    The difference between the value of a country’s imports and exports over time is called:

    Select correct option:

    Deficit exports Deficit imports Balance of payment Balance of debt

    Question # 2 of 15 ( Start time: 04:25:05 PM ) Total M - 1

    Which of the following is NOT followed in brainstorming?

    Select correct option:

    Criticism is done by the group members

    The wilder idea is better

    Quantity of ideas is required

    The session should be fun, with no on dominating the discussion

    Question # 3 of 15 ( Start time: 04:25:47 PM ) Total M - 1

    Selling goods to another country through a person in the entrepreneur’s home country is known as:

    Select correct option:

    Trading Direct export Indirect export Domestic sales

    Question # 4 of 15 ( Start time: 04:27:01 PM ) Total M - 1

    is required if a company wants to be more flexible in adopting changes.

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