Thursday, January 20, 2011

MGT602 Current Quiz




MC090406870 : Abdul Rahim



Quiz Start Time: 10:25 AM  Time Left  65
sec(s)   


Question # 1 of 15 ( Start time: 10:25:38 AM )  Total Marks: 1 
The business plan should be prepared by: 
Select correct option: 

 Entrepreneurs
 Consultants
 Engineers
 Small business administration services


    



MC090406870 : Abdul Rahim



Quiz Start Time: 10:25 AM  Time Left  67
sec(s)   


Question # 2 of 15 ( Start time: 10:26:14 AM )  Total Marks: 1 
Which of the following gives the owners a negative right, preventing anyone from making, using, or selling the invention? 
Select correct option: 

 Patent
 Copyright
 Trade mark
 Trade secret


    



MC090406870 : Abdul Rahim



Quiz Start Time: 10:25 AM  Time Left  65
sec(s)   


Question # 3 of 15 ( Start time: 10:26:39 AM )  Total Marks: 1 
Licensing is a significant marketing strategy to: 
Select correct option: 

 Use intellectual property of others
 Pirate others’ patents
 Grow the business in new markets
 Control the costs


    



MC090406870 : Abdul Rahim



Quiz Start Time: 10:25 AM  Time Left  66
sec(s)   


Question # 4 of 15 ( Start time: 10:27:06 AM )  Total Marks: 1 
Directors in corporation are elected by the______ 
Select correct option: 

 Middle Level Managers
 Entrepreneur
 Shareholders
 Low level Managers


    



MC090406870 : Abdul Rahim



Quiz Start Time: 10:25 AM  Time Left  44
sec(s)   


Question # 5 of 15 ( Start time: 10:27:32 AM )  Total Marks: 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---doubted


    



MC090406870 : Abdul Rahim



Quiz Start Time: 10:25 AM  Time Left  61
sec(s)   


Question # 6 of 15 ( Start time: 10:28:21 AM )  Total Marks: 1 
External forces directly affect all of the following EXCEPT: 
Select correct option: 

 Market segmentation strategies
 Types of products/services offered
 Management structure of organization
 Choice of businesses to acquire or sell 


    



MC090406870 : Abdul Rahim



Quiz Start Time: 10:25 AM  Time Left  62
sec(s)   


Question # 7 of 15 ( Start time: 10:28:53 AM )  Total Marks: 1 
The _______ plan shows whether the business plan is economically feasible or not. 
Select correct option: 

 Financial
 Business
 Economic
 Marketing


    



MC090406870 : Abdul Rahim



Quiz Start Time: 10:25 AM  Time Left  65
sec(s)   


Question # 8 of 15 ( Start time: 10:29:27 AM )  Total Marks: 1 
An individual’s need to be recognized is called: 
Select correct option: 

 Need for independence
 Need for affiliation
 Need of fame
 Need for achievement


     



MC090406870 : Abdul Rahim



Quiz Start Time: 10:25 AM  Time Left  51
sec(s)   


Question # 9 of 15 ( Start time: 10:29:54 AM )  Total Marks: 1 
A ______ is also essential if a new venture is a manufacturing concern. 
Select correct option: 

 Market analysis

 Operations plan

 Bank loan

 Organizational plan



    



MC090406870 : Abdul Rahim



Quiz Start Time: 10:25 AM  Time Left  61
sec(s)   


Question # 10 of 15 ( Start time: 10:30:37 AM )  Total Marks: 1 
Following are the types of foreign direct investment EXCEPT: 
Select correct option: 

 Joint venture
 Management contracts
 Minority interest
 Merger


    



MC090406870 : Abdul Rahim



Quiz Start Time: 10:25 AM  Time Left  63
sec(s)   


Question # 11 of 15 ( Start time: 10:31:09 AM )  Total Marks: 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


     



MC090406870 : Abdul Rahim



Quiz Start Time: 10:25 AM  Time Left  61
sec(s)   


Question # 12 of 15 ( Start time: 10:31:39 AM )  Total Marks: 1 
Which of the following factors has allowed small companies to act like they are big ones? 
Select correct option: 

 Competition

 Economic development

 Technology

 Customers



    



MC090406870 : Abdul Rahim



Quiz Start Time: 10:25 AM  Time Left  42
sec(s)   


Question # 13 of 15 ( Start time: 10:32:09 AM )  Total Marks: 1 
Which one of the following is a method for obtaining new ideas and solutions by focusing on problems? 
Select correct option: 

 Product inventory analysis--doubted
 Gordon method
 Checklist method
 Scientific method


    



MC090406870 : Abdul Rahim



Quiz Start Time: 10:25 AM  Time Left  53
sec(s)   


Question # 14 of 15 ( Start time: 10:32:59 AM )  Total Marks: 1 
In terms of chronological age, most entrepreneurs initiate their entrepreneurial carrier between ages of: 
Select correct option: 

 15 and 22
 22 and 45
 45 and 57
 57 and 63


    



MC090406870 : Abdul Rahim



Quiz Start Time: 10:25 AM  Time Left  68
sec(s)   


Question # 15 of 15 ( Start time: 10:33:39 AM )  Total Marks: 1 
A typical inventor is usually ________________________. 
Select correct option: 

  Highly creative & in love with the invention 
 Does not encourage change
  Willing to modify the invention in order to augment commercial benefit 
  None of the given options


    

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