Wednesday, December 30, 2009

MGT 602 Quiz

Thanks to those students those send me Assignments and quizzes. If you have any Assignment and quiz kindly send at jamilbookcenter@yahoo.com




Thanks Syed Ali Fraz 



Quiz Start Time: 12:15 AM


Question # 1 of 20 ( Start time: 12:15:49 AM )

Which one of the following insurance is required by law?
Select correct option:


Life insurance

Property insurance

Disability and vehicle coverage (book page 52)

Health care coverage
 





Quiz Start Time: 12:15 AM

Question # 2 of 20 ( Start time: 12:16:48 AM )

Which one of the following is a sound strategic option for an entrepreneur when synergy is present?
Select correct option:


Merger

Joint venture page 33

Minority interest

Majority interest
 


  Quiz Start Time: 12:15 AM 


Question # 3 of 20 ( Start time: 12:17:57 AM )

In stage of responsibility allocation process the entrepreneur follows:
Select correct option:


Highly centralized decision making process page 30

Highly decentralized decision making process

Somewhat centralized decision making process

No particular standard
 





Question # 4 of 20 ( Start time: 12:19:31 AM )

When the multiplicity of environments become too complex to handle, the international entrepreneurs often __________.
Select correct option:


Go for mergers

Diversify

Decentralize operations

Sale out the foreign business
 

Question # 5 of 20 ( Start time: 12:20:23 AM )

Which one of the following contracts should be in written?
Select correct option:


Real estates

Lease

Rentals

All of the given options 53
 



Question # 6 of 20 ( Start time: 12:20:52 AM )

Which one of the following is NOT an external factor?
Select correct option:


New regulations

Competition page 57

Social changes

Manufacturing
 



Question # 7 of 20 ( Start time: 12:22:00 AM )

Which one of the following is NOT included in four C’s evaluation by lender?
Select correct option:


Character

Cost

Continuity page55

Contribution
 




Question # 8 of 20 ( Start time: 12:22:44 AM )

The marketing perspective of business plan considers the venture through the eyes of:
Select correct option:


Investor

Customer page 54

Entrepreneur

Marketing manager


Question # 9 of 20 ( Start time: 12:23:28 AM )

An entrepreneur doing business within the national border is called:
Select correct option:


International entrepreneurship

Intrapreneurship

Domestic entrepreneurship

Imports

Question # 10 of 20 ( Start time: 12:24:41 AM )

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 page31


Question # 11 of 20 ( Start time: 12:25:54 AM )

Selling goods to another country by taking care of transactions is called:
Select correct option:


Indirect exporting

Direct exporting page32

Importing

Management contract


Question # 12 of 20 ( Start time: 12:26:35 AM )

GATT is established in 1947, under:
Select correct option:


Japan leadership

China leadership

U.S. leadership

U.K. leadership
  

Question # 13 of 20 ( Start time: 12:28:10 AM )

Why should an entrepreneur do a feasibility study?
Select correct option:


To see if there are possible barriers to success

To identify possible sources of funds

To estimate the expected sales page 56

To explore potential customers


Question # 14 of 20 ( Start time: 12:29:28 AM )

Health insurance premium is less expensive if there is:
Select correct option:


One insured participants

Ten participants

Large group of participants

Very small group of participants


Question # 15 of 20 ( Start time: 12:30:52 AM )

Which of the following geographical area is having least interest to U.S. entrepreneurs?
Select correct option:


Europe

The Far East

Central Asia page 37

Transition economies


Question # 16 of 20 ( Start time: 12:32:06 AM )

Which of the following techniques is an excellent method for initially screening ideas and concepts in addition to generating new ideas?
Select correct option:


Focus group

Problem inventory analysis

Brain storming

Reverse brainstorming


Question # 17 of 20 ( Start time: 12:33:02 AM )

The former USSR received technology and syrup from Pepsi and provided it with Soviet vodka and rights to distribute it in the US. This is an example of:
Select correct option:


Economic development

Barter system 29

Balance of payment

International trade

Question # 18 of 20 ( Start time: 12:34:19 AM )

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


They are familiar with the needs of the market page39

They earn a handsome profit from new business

They do not bother if entrepreneur bears a loss

They have well-developed sales force

Question # 19 of 20 ( Start time: 12:34:58 AM )

A patent is granted for a specified amount of time because of the assumption:
Select correct option:


That during this time firm will cover its development costs

That firm will earn a sufficient profit during this period

To limit the monopoly of the firm

That it will stimulate idea and development of a better product

Question # 20 of 20 ( Start time: 12:35:40 AM )

According to the governing bodies of common laws, the life of trade secret is:
Select correct option:


12 years

17 years

20 years

As long as it remains confidential
 

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