MIS & ENTR Model Exam
MIS & ENTR Model Exam
MIS & ENTR Model Exam
D. optical scanner
6. Information which has a capability to solve problems at hand can be described as
_________ information.
A. Accurate
B. Flexible
C. Relevant
D. Verifiable
E. None of the above
7. A key role of Management Information Systems is,
A. To develop and share documents that support day-today organizational activities.
B. To process business information
C. To materialize the business transaction data and produce insightful information which
assists managers in decision making
D. None of the above
8. Which one of the following is not a prerequisite for a good MIS?
A. Database
B. Support from Staff
C. Control and maintenance of MIS
D. MIS executives
9. _________ is a combination of hardware and software that controls the flow of incoming
and outgoing network traffic and prevents unauthorized communication into and out of
the network.
A. Firewall
B. Antivirus
C. Central database
D. None
10. Which one of the followings are not the primary characteristics of good information?
A. Economical
B. Timeliness
C. Accuracy
D. None of the above
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11. It is a necessity of the data to be _____ before it can be converted into information.
A. Processed
B. Transformed
C. Edited
D. None of the above
12. Which one of the following types of network covers less geographical area compare to
the others?
A. Metropolitan Area Network
B. Local Area Network
C. Wide Area Network
13. Which of the following is not an objective of MIS?
A. Supports in decision-making
B. Provides insightful information
C. Assist management people
D. Recruit people for system
14. Which one of the following is source of MIS?
A. Internal source
B. External source
C. Both internal and external source
D. None of the above
15. Which one is an internal source of information for MIS?
B. Customers care department
C. HR department
D. Marketing department
E. All
16. Which of the following steps is/are the implementation plans involved in MIS?
A. Preparing organizational plans
B. Planning of workflow
C. Training of personnel
D. All of the above
17. Which of the following is included in the Office automation systems?
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C. Documentation of specification
D. All of these
23. A TPS is commonly known as,
A. Trained Processing System
B. Transaction Processing System
C. Trainee presentable System
D. None of the above
24. A DSS stands for,
A. Decision Support System
B. Decisive Support System
C. Developed Support System
D. None of the above
25. The information flow in MIS should as per the,
A. Need of an organization
B. Management dependent
C. Information dependent
D. None of the above
26. Which of the following should be a good characteristic of a DSS?
A. Automate decision making process
B. Keep data storage
C. Gives a quick response to decision makers
D. None of the above
27. An effective information system which supports the planning and assists management is,
A. Enterprise Resource Planning
B. Transaction Processing System
C. Decision Support System
D. All of the above
28. The phases which are used in MIS design are as follows:
A. Problem identification → Analysis → Design → Implementation → Maintenance
B. Analysis → Problem identification → Implementation → Design → Maintenance
C. Problem identification → Implementation → Analysis → Design → Maintenance
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40. __________ is a computerized system that performs and records the daily routine
transactions necessary to conduct business?
A. Transaction Processing System
B. Management Information System
C. Decision Support System
D. All of the mentioned above
41. Which one of the following could be the role of MIS in organization?
D. All
E. None
45. A fundamental characteristic of the database approach is that the database system
contains not only the database itself but also a complete definition or description of the
database structure and constraints. This concept can be represented by:
A. Meta-data
B. Database system
C. Network system
D. Data frequency
46. One is not the Characteristics of Marketing Information System, which one?
A. It is consciously developed master plan for marketing information flow
B. It integrates and coordinates among marketing planners, sales-force and external
environment.
C. It anticipates and prevents problems
D. All
E. None
47. Which components of marketing information system enable managers to obtain everyday
information about developments in the marketing environment?
A. Internal marketing information
B. Marketing intelligence system
C. Marketing Research system
D. All
E. None
48. Which one of the following is not a computer crime?
A. Unauthorized use, access, modification, and destruction of hardware, software, data,
or network resources
B. denying an end user access to his or her own hardware, software, data, or network
resources; and
C. Conspiring to use computer or network resources to obtain information or tangible
property illegally.
D. All
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E. None
49. Which one of the following is not an example of biometric security?
A. Password security
B. Fingerprints
C. Retina scanning
D. Face recognition
E. None
50. Which one of the following is represents facts and rules?
A. Knowledge base
B. Inference engine
C. Operating system
D. All of the above
E. None of the above
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51. Entrepreneurship is one of the most important inputs in the economic development of a
country. So which one is the major role played by an entrepreneur in the economic development
of a country?
52. ___ an entrepreneur does not only do things by him/herself, but also gets things done through
others.
53. Thomas Edison When he was a young boy, Thomas Edison’s parents pulled him out of
school after teachers called him “stupid” and “un teachable.” Edison spent his teenage years
working and being fired from various jobs, culminating in his termination from a telegraph
company at age 21. Despite these setbacks, Edison never deterred from his true passion,
inventing. Throughout his career, Edison obtained 1,093 patents. And while many of these
inventions — such as the light bulb, stock printer, phonograph and alkaline battery — were
groundbreaking, even more of them were unsuccessful. Edison is famous for saying that genius
is “1% inspiration and 99% perspiration.” Which quality of entrepreneurship is paramount in the
aforementioned case?
A. inspiration C. Perseverance
54. Which one of the following is true about the elements of people management skills of an
entrepreneur?
55. ____refers to an entrepreneur quality by which entrepreneurs always makes concerted efforts
towards the successful completion of a goal.
56. Some of the environmental factors which hinder entrepreneurial growth are
D. All
57. Which one is lies at the heart of the entrepreneurial process and is a means to the exploitation
of opportunity?
58. One of the simplest methods that entrepreneurs can use to generate new ideas.
59. Among the following which one is Problems of Small Scale Business in Ethiopia?
B. Corporate social responsibility as a specific theory affirms that corporations are entities with
economic, legal, ethical, and philanthropic obligations.
D. Corporations responsible for a triple bottom line not seek sustainability in the economic,
social, and environmental realms.
A) Entrepreneurship. D) Intrapreneurship.
B) Implementing a mission. E) None
C) Creating Vision
64. Viewed the entrepreneur as a risk taker who buy(s) at an uncertain price therefore operating
at risk
65. Among the following factors, one is not factor that affect business from the external
environmental perspective.
A. Fluctuating interest rates D. Labor market trends
B. Management experience E. Inflation
C. Interrupted supplies F. None
66. There are a number of causes for business failure, which one of the following is NOT
considered as cause of business failure?
A. Management experience C. Conducive environment
B. Shortage of finance D. Unexpected occurrence
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67. Size and economic are the two approaches to define small scale business, thus, which of the
following is considered as size criteria
A. Volume of production C. Area of operation
B. Share of the market D. None of the above
68. The individual concentrates on the problem and becomes immersed in it.
A. Insight
B. Verification and Application
C. Immersion
D. Incubation
A. Legal Environment
B. Political Environment
C. Raw Material
D. All
A. studying the environment entrepreneurs can make it hospitable to the growth of business.
72. The kinds of utility that marketing provides in the process are;
73. The duration of a patent is ___years which may be extended for a further period of ___ years
if proof is furnished that the invention is properly worked in Ethiopia. Respectively:
A. 5, 6 B. 5, 15 C. 15, 5 D.2, 4
75. _____ Is refers to informing your customers of your products and services and attracting
them to buy them.
76. Common routes of small business expansion include the following common options except
A. Growth through acquisition of another new business (almost always smaller in size)
D. None
77. ------------- The legal obligation of a business owner to use personal money and possessions
to pay the debts of the business
78. Idea generation is the first stage in product or service development process, which one of the
following is/are considered as the source of ideas for entrepreneur?
A. Potential customers C. Federal government
B. Distribution channel D. All of the above
B. Partners D. All
80. In commercialization stage of new product development, the company enjoys with the first
mover advantage; in which strategy is such type advantage may obtain?
A. believes that I’m creative B. fear looking foolish C. avoiding ambiguity D. becoming
overspecialized
83. Because Tigist does not have enough time to read an entire 40-page business report, what
section of the report should she review to obtain an overview of the most important content?
D. None
85. When a manufacturer asks a business to collect information from customers concerning how
to improve a product (or changing its shapes), which type of utility is most likely to be affected?
86. ________ pricing is the approach of setting a low initial price in order to attract a large
A. Market-skimming C. Value-based
B. Market-penetration D. Leader
87. ______ is one in which the investment in plant and machinery (total asset) does not exceed
birr 100, 000 (one hundred thousand); and operates with 5 people including the owners.
88. The ________ concept holds that consumers will favor those products that offer the most
Quality, performance, or innovative features.
A. Product B. Marketing
B. Production C. selling
89. Which of the following inventions cannot be patented by intellectual property protection?
office?
90. Which of the following is the critical elements of the process of entrepreneurship EXCEPT
C) Creativity
93. A business arrangement where one party allows another party to use a business Name and
sell its products or services is known as__________.
A. A cooperative. C. a franchise.
B. An owner-manager business. D. a limited company.
94. _________________ refers to the failure to acknowledge or recognize the limits of personal
knowledge, skills and experience
A) Perception of risk D) Self-confidence
B) Law of small numbers E) None of the above
C) Overconfidence
95. Which of the following is NOT a common motivation of an entrepreneur?
A) Desire for independence. C) Search for personal and professional growth.
B) Desire to maintain the status quo. D) Search for more rewarding work.
96. Positive external trends or changes that provide unique and distinct possibilities for
innovating and creating value are called _____________.
A) Strengths B) Opportunities C) Weaknesses D) Threats E) All
97. Which of the following is not used to evaluate the feasibility of a business opportunity?
A) invention analysis D) SWOT analysis
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99. According to whom perspectives; entrepreneur is one who brings resource, labor, materials,
and other assets into combination that makes their value greater than before and also one who
introduces changes innovations.?
100. The ________ is practiced most aggressively with unsought goods, goods that buyers
Normally do not think of buying, such as insurance, encyclopedias, and funeral plots.
Answer sheet
1. 21. 41.
2. 22. 42.
3. 23. 43.
4. 24. 44.
5. 25. 45.
6. 26. 46
7. 27. 47.
8. 28. 48
9. 29. 49
10. 30. 50
11. 31.
12. 32.
13. 33.
14. 34.
15. 35.
16. 36.
17. 37.
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18. 38.
19. 39.
20. 40