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Mgt602 Entrepreneurship Mcqs Vuabid

Mgt602 Entrepreneurship Mcqs Vuabid

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Published by saeedsjaan
MCQs OLD PAPERS AND ASIGMTS
MCQs OLD PAPERS AND ASIGMTS

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Published by: saeedsjaan on Jun 13, 2009
Copyright:Attribution Non-commercial

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06/14/2013

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1.Any patents, trademarks , copyright or trade secrets held by the entrepreneur is known asa.Disclosure document b.Patentc.Intellectual propertyd.None of the mentioned2.The organization will never be able to make the necessary changes without_________ a.Top management commitment b.Employeesc.Workersd.None of the mentioned3.The ways entrepreneurs make decisions.a.Entrepreneurial domain. b.Reverse brain stormingc.Heuristicsd.Reverse brain storming4.A trademark is5.A word, symbol, name or device that a business uses to identify its goods.a.A legal protection for information on foreign products. b.Legal protection for intellectual works.c.Legal protection for a U.S. product exported to another country.6.locus of control isa.A feeling b.Attitudec.Attributed.None of the above7.Licensing arrangements havea.Low risk process involved b.Easy way to generate incremental incomec.Several pitfallsd.All of the above8.Personal characteristics to be a successful entrepreneur includesa.Understanding environment b.Creating management optionsc.Encourage open discussiond.All of the above9.International entrepreneurship isa.Licensing b.Exportingc.Both of the mentioned optionsd.None of the two mentioned
 
Which of the following is
not 
a characteristic that is helpful for an entrepreneur to have?
a.
Self-esteem
 b.
Caution
c.
Drive
d.
Optimism10.Hindrance for going in the international business is known asa.Synergy b.Turn key pointc.Trade barried.Minority interest5)
In chronological age , most entrepreneurs start their careers between ages
a)22 and 55 b)30 and 55c)40 and 65d)None of the given options6)
 ___________________ is the combination of at least two firms doing similarbusinesses at the same market level.
a)Diversified activity Merger  b)Horizontal Merger c)Joint Ventured)Vertical Merge7)
Which of the following is NOT recognized as a misconception aboutentrepreneurship?
a) Entrepreneurship is found only is small businesses. b) Entrepreneurship is easy.c) Successful entrepreneurship needs only a great idea.d) Entrepreneurial ventures and small businesses are different
 
9) All of the following are recognized as potential sources of entrepreneurial ideasEXCEPT:
a) Work experiences, skills, and abilities b) Familiar and unfamiliar products and servicesc) Personal interests or hobbiesd) All of the selections are recognized as potential sources of entrepreneurial ideas.
10) An _______________________ is an individual who creates something for the first time,is a highly driven individual motivated by his or her own work and personal ideas.
a) Entrepreneur  b) Inventor c) Both a and bd) None of the given options

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