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MGT_MID_FALL2007_S6

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MGT_MID_FALL2007_S6

Post by Admin on Thu Nov 26, 2009 8:56 am

1-Combination of at least two firms doing similar
businesses at the same level is:






Horizontal Merger


Vertical Merger


Product Extension Merger


Diversified Activity Merger





2-A ______________ is an entity formed between two or more
parties to undertake economic activity together.






Indirect Exporting


Joint Venture


Licensing


Entrepreneurship





3-Combination of at least two firms at different market levels is:





Horizontal Merger


Vertical Merger


Product Extension Merger


Diversified Activity Merger





4-____________ is a method of developingnew ideas when
the individuals are unaware of the problem.






Checklist Method


Free Association Method


Grdon Method


Scientific Method





5-A spirit of entrepreneurs must be:





Ethically influenced


Managerial


Voluntary


None of the given option





6-Most of the innovations are:





Iterative Synthesis


Ordinary Innovation


Technological innovations


Breakthrough innovations





7-The _________________ refers to the ways managers make
decisions.






Administrative domain


Entrepreneurial domain


Intrapreneurial domain


All of the given options








8-Without _______________
, the organization will never be able to make the necessary



Changes.








Lower Management


Top Management


Middle Management


None of the given options





9-The companies use the technology to make
itself:






Faster and Flexible


Faster and Stiff


Inflexible and rigid


All of the given options





10-The___________________ is the term used to describe the
complete process of bringing a new product or service
to market.



Idea Stage





Concept Stage(doubt)


Product Development


Test Marketing Stage





11The belief that entrepreneurship is found only in small
businesses is a misconception about entrepreneurship






True


False








12-Demographics are the linkae of economies and
cultures that foster a business and



competitive situation in which organizations have
no national boundaries.









True


False





13-Ethics involves the rules and principles that
define right and wrong decisions and behaviors.






True





False





14-Venture capital is external equity funding provided
by professionally managed pools of
investor money.








True


False





15-Plans are outcomes or end results that are desired by
individuals, groups, or organizations.






True


False






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MGT602_MID_SPRING2007_S1

Post by Admin on Thu Nov 26, 2009 9:07 am

Question No: 1 ( Marks: 1 ) - Please choose one

Which of the following statement is true for entrepreneurship?


Entrepreneurship is the dynamic process of creatin incremental wealth


Entrepreneurship involves the management process


Entrepreneurship does not require the devotion of the necessary time and effort

Entrepreneurship involves assuming the necessary financing


2-The skills required by entrepreneurs can be classified into three main areas, one of which is:


Being innovative


Personal entrepreneurial skills


Social skill


None of the mentioned options



3-The entrepreneur employs a flat organizational structure with:


Which is hierarchical in nature?


Which is formalized?

Informal networks

None of the mentioned options


4-Following leadership characteristics constitute a successful intrapreneur, except:


Visionary and flexible


Creates management options

Train employees as well as share their experiences

Persists


5-An opportunity assessment plan should focus on the opportunity and provide the basis to make the decision, and:


A description of the product or service


An assessment of the opportunity


Assessment of the entrepreneur and the team


All of the mentioned options



6-One of the factors making it desirable to create a new venture is:


The Government

Teachers


Availability of financial resources

None of the mentioned options

7-Some of the more frequently used ideas for new entrepreneur include:
Consumers

Existin companies

Distribution channels

All of the mentioned options

8-Personal entrepreneurial skills differentiate an entrepreneur from a manaer and include


Inner control (discipline)

Risk taking

Innovativeness

All of the mentioned options




9-The product planning and development process – is divided into five major stages. Which of the

following is not a stage of this process?


Idea stage

Concept stage

Production stage

Product development stage



10-One of the factors making it possible to create a new venture is:

The Government

Teachers

Peers

None of the mentioned options


11-Without Top Management , the organization will never be able to make the necessary changes.


12-Technological innovations refer to new products with significant technological advancements

13-The Venture Capitalist is a professional money manager who makes risk investments

14-The entrepreneur must be able to put forth the necessary Time And effort required for the venture to succeed.

15-In Product Development stage, consumer reaction is determined, often through a consumer panel.

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MGT602_MID_FALL2006_S3

Post by Admin on Thu Nov 26, 2009 9:11 am

1-Writing business plan can ensure that
a) You achieve your expense projections.
b) You figure out how to make your business work.
c) You meet your target revenue goals.
d) You make a profit.


2-Your ________ is a concise communication of your strategy including your business definition and your competitive advantage

a) Target market analysis
b) Mission statement
c) Values statement
d) Business plan

3-High-potential ventures are

a) Ventures that have high growth potential and therefore receive great investor's interest
b) Very low growth venture
c) Small ventures that support the owners and usually do not grow
d) None of the mentioned options


4-Inner control (discipline), risk taking, innovativeness, change oriented personality are


a) Business management skills
b) Technical skills
c) Personal entrepreneurial skills
d) None of the mentioned options

5-Proactivenessincludes

a) initiative taking
b) risk taking
c) competitive aggressiveness
d) All of the mentioned options

6-Some of the world's greatest entrepreneurs have overcome challenges from their childhood and youth, including:
a) Learning disabilities
b) Extreme poverty
c) Abuse
d) All of the mentioned options


7-Entrepreneurs view change as

a) An opportunity
b) An inevitable situation
c) A problem
d) None of the above options

8-Profit is a sign that an entrepreneur has added value to the “scarce” ________ that he or she is using.

a) Resources
b) Employees
c) Goods
d) Ideas

9-Breakthrough innovations are

a) A new product with just physical change
b) A new product with some technological change
c) Same product with some technological change
d) None of the mentioned options


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