UGRD-ENTR6262 Business Plan Preparation

Prelims Quiz2

According to Flippo, “Personnel Management is that part which is primarily concerned with
human resource of organization.”

Select one:
True
False 

Question 2
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According to Brech, “Personnel management is the planning, organizing, compensation,
integration and maintenance of people for the purpose of contributing to organizational,
individual and societal goals.”

Select one:
True
False 

Question 3
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____________ includes determining in advance the personnel programs and changes required
that would contribute to the achievement of organizational goals.

Select one:
a.
Organizing

b.
Planning
c.
Staffing
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Question 4
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___________ involves establishing an intentional structure of roles for people in an
organization.

Select one:
a.
Planning

b.
Staffing
c.
Organizing
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Question 5
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This is the process of obtaining and maintaining capable and competent personnel in
various positions at all levels.

Select one:
a.
Planning

b.
Organizing
c.
Staffing
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Question 6
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___________ involves directing all the available resources towards the common organizational
goals.

Select one:
a.
Organizing

b.
Directing
c.
Staffing
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Question 7
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The objective of consultancy is providing 

Select one:
a.
wisdom
b.
sound advice.

c.
insights
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Question 8
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_______ tell  us the activities to be performed in the
organization.

Select one:
a.
Jobs

b.
Organizers
 c.
People
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Question 9
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The last and foremost element in personnel management is __________. In a organizational
structure, where the main aim is to achieve the goals, the presence of manpower becomes
vital.

Select one:
a.
People
b.
Jobs

c.
Organizers 
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Question 10
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Creating financial projections for your startup is both an art and a science

Select one:
True 
 False

Question 11
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______________ is the one which not only caters to the needs of present prospective buyers
but also maintains a stable demand in the future.

Select one:
a.
Market feasibility

b.
Technical feasibility
c.
 Feasible product  
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Question 12
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___________ determines whether a product or service can sustain in a specific market or not
as well as whether it is capable of generating financial surplus for the firm or not.

Select one:
a.
Feasible Product

b.
Technical Feasibility
 c.
Market Feasibility 
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Question 13
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This is the process of validating the technology assumptions, architecture and design of a
product or a project

Select one:
a.
Technical Feasibility
b.
Feasible Product

c.
Market Feasibility
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Question 14
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This is determining in detail all environmental, economic and social impacts of a matter at
hand.
Select one:
a.
Socio Economic Aspect
b.
Financial Projections

c.
Socioeconomic status 
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Question 15
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Income refers to 

Select one:
a.
Only Profits

b.
wages, salaries, profits, rents and any flow of earnings received.
c.
All of the above
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Question 16
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 Question text
Your financial projections will help you see if your business plans are realistic, whether you’ll
have any shortfalls and what financing you may need.

Select one:
True 
False

Question 17
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__________ is a forecast of future revenues and expenses. 

Select one:
a.
Financial Projection

b.
Market feasibility
c.
Technical Feasibility
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Question 18
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The conversion of text, pictures, or sound into a digital form that can be processed by a
computer.

Select one:
 a.
Digitisation
b.
News

c.
Article
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Question 19
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Image capture requires equipment, such as 

Select one:
a.
computer
b.
a scanner or a digital camera

c.
cellphone
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Question 20
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When selecting materials for digitisation, the library should consider whether it has the staff
and skill sets to support the 

Select one:
a.
digitisation, metadata entry, user interface design, programming and search engine 
b.
metadata entry only

c.
digitisation and metadata entry
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