My Mgt602 Quiz1

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VU And COMPANY.
(http://groups.google.com.pk/group/vu-and-company?hl=en)
Muhammad Soban
0333-7637637
MC090410137 : Muhammad Soban Badar 86

Time
Left sec(
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Quiz Start Time: 03:02 PM
Question # 1 of 15 ( Start time: 03:02:09
Total Marks: 1
PM )
Being one’s own boss is a need of:
Select correct option:
Independence
Achievement
Affiliation
Authority
Click here to Save Answer & Move to Next Question

Time
Left sec(
s)
Total Marks: 1
PM )
Which of the following factors has allowed small companies to act like they are big ones?
Competition
Economic development
Technology
Customers

Time
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s)
Total Marks: 1
PM )
The resources acquired from others(creditors, banks etc) are usually:
Easily available
Difficult to obtain
Very useful
Very cheap

Time
Left sec(
s)
Total Marks: 1
PM )
Which one of the following is the fourth step in the entrepreneurial process?
Developing successful business ideas
Deciding to become an entrepreneur
Growing the entrepreneurial firm
Moving froman idea to an entrepreneurial firm

Time
Left sec(
s)
Total Marks: 1
PM )
Which of the following has a contradictory relationship with an individual for being an
entrepreneur?
His birth order
Parentssocial status
Parents
occupation
Relationship with parents

Time
Left sec(
s)
Total Marks: 1
PM )
The assessment of the needed resources by the entrepreneur starts with:
An appraisal of the entrepreneur

s present resources
An assessment of economic conditions of the country
A scanning of friends and family for funds
A survey of banks and other financial institutions in t

Time
Left sec(
s)
Total Marks: 1
PM )
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

Time
Left sec(
s)
Total Marks: 1
PM )
Which one of the following is NOT the problem in developing the economies of different under
developed countries ?
Gap of knowledge
Variable rate of return
Same communication style
Different accounting system

Time
Left sec(
s)
Total Marks: 1
PM )
An entrepreneur into the hosiery business found out the reason his hosiery was not selling was
due to its color. What could be the best source of this information?
Supplier
Retailer
Competition
Government bureau

Time
Left sec(
s)
Total Marks: 1
PM )
An entrepreneur doing business within the national border is called:
International entrepreneurship
Intrapreneurship
Domestic entrepreneurship
Imports

Time
Left sec(
s)
Total Marks: 1
PM )
All of the following are the broad categories of External forces EXCEPT:
Economic forces
Socioeconomic forces
Technological forces
Competitive forces

Time
Left sec(
s)
Total Marks: 1
PM )
Professional support network includes following EXCEPT:
Personal affiliations
Mentor
Trade associations
Friends

Time
Left sec(
s)
Total Marks: 1
PM )
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

Time
Left sec(
s)
Total Marks: 1
PM )
Which of the following factors does not affect a person for being an entrepreneur?
Family background
Education
Personal values
Gender

Time
Left sec(
s)
Total Marks: 1
PM )
Which of the following firm achieves modest growth:
High potential growth firm
Foundation firm
Life style
Public company

VU And COMPANY.
Muhammad Soban
0333-7637637
Time 88
Left sec(
Quiz Start Time: 03:37 PM s)

Total Marks: 1
PM )
The decision to start a new business is taken when one perceives that forming a new business is:
Possible
Desirable
Accurate
Both a and b
Time 87
Left sec(

Total Marks: 1
PM )
When the multiplicity of environments become too complex to handle, the international
entrepreneurs often __________.
Go for mergers
Diversify
Decentralize operations
Sale out the foreign business
Time 89
Left sec(

Total Marks: 1
PM )
Which of the following has not yet been empirically established as a distinguishing characteristic
of entrepreneurs?
Locus of control
Feeling about independence
Need for achievement
Risk taking
Time 89
Left sec(

Total Marks: 1
PM )
Moral support network includes following EXCEPT:
Spouses
Friends
Business associates
Relatives
Time 89
Left sec(
s)
Total Marks: 1
PM )
The person with capital was differentiated from the one who needed the capital in the:
Middle ages
17th century
18th century
20th century
Time 84
Left sec(

Total Marks: 1
PM )
Following are the important aspects of international success EXCEPT:
Planning
Diversification
Reporting
Control
Time 89
Left sec(
s)
Total Marks: 1
PM )
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
Time 89
Left sec(
s)
Total Marks: 1
PM )
Which of the following factors does not affect a person for being an entrepreneur?
Work history
Nationality
Education
Personal values
Time 89
Left sec(
s)
Total Marks: 1
PM )
Factors contribute to the creation of new venture EXCEPT:
Government
Finance
High interest rates
Role models
Time 89
Left sec(

Total Marks: 1
PM )
The resources acquired from others(creditors, banks etc) are usually:
Easily available
Difficult to obtain
Very useful
Very cheap
Time 89
Left sec(

Total Marks: 1
PM )
Which one of the following is a barriers to new product creation and development?
Trial and error
Opportunity parameter
Opportunity cost
Intrapreneurship culture
Time 86
Left sec(
s)
Total Marks: 1
PM )
According to McClelland’s need theory, entrepreneurs possess which of the following needs?
Need for achievement

Need for power
Need for affiliation
Need for esteem
Time 87
Left sec(

Total Marks: 1
PM )
The entrepreneur was distinguished from capital provider in:
18th century
17th century
19th and 20th century
Middle ages
Time 89
Left sec(

Total Marks: 1
PM )
In some countries, point of purchase displays are not allowed in retail stores. Such differences are
studied by international entrepreneurs under __________ environment.
Economic
Political
Cultural
Technological

VU And COMPANY.
Muhammad Soban
0333-7637637

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To get the More entertain and

Study related e-mail

MC090410137 : Muhammad Soban Badar 86

Click here to Save Answer & Move to Next Question

MC090410137 : Muhammad Soban Badar 89

Click here to Save Answer & Move to Next Question

MC090410137 : Muhammad Soban Badar 88

Click here to Save Answer & Move to Next Question

Developing successful business ideas

Deciding to become an entrepreneur

Growing the entrepreneurial firm

Moving froman idea to an entrepreneurial firm

Click here to Save Answer & Move to Next Question

MC090410137 : Muhammad Soban Badar 89

His birth order

Click here to Save Answer & Move to Next Question

MC090410137 : Muhammad Soban Badar 89

An appraisal of the entrepreneur

An assessment of economic conditions of the country

A scanning of friends and family for funds

A survey of banks and other financial institutions in t

Click here to Save Answer & Move to Next Question

MC090410137 : Muhammad Soban Badar 88

Highly centralized decision making process

Somewhat centralized decision making process

Click here to Save Answer & Move to Next Question

MC090410137 : Muhammad Soban Badar 89

Variable rate of return

Same communication style

Different accounting system

Click here to Save Answer & Move to Next Question

MC090410137 : Muhammad Soban Badar 89

Click here to Save Answer & Move to Next Question

MC090410137 : Muhammad Soban Badar 87

Click here to Save Answer & Move to Next Question

Click here to Save Answer & Move to Next Question

MC090410137 : Muhammad Soban Badar 89

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MC090410137 : Muhammad Soban Badar 89

New business model

None of the given options

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MC090410137 : Muhammad Soban Badar 87

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MC090410137 : Muhammad Soban Badar 88

High potential growth firm

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To get the More entertain and

Question # 1 of 15 ( Start time: 03:37:57

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Question # 2 of 15 ( Start time: 03:39:10

Sale out the foreign business

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Question # 3 of 15 ( Start time: 03:40:12

Feeling about independence

Need for achievement

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Question # 4 of 15 ( Start time: 03:40:52

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An appraisal of the entrepreneur