MBA/MBA Entrepreneurship Management MCQ Set 1 Sample Test,Sample questions

Question:
A contract must be signed by:

1.At least one party

2.Both the parties

3.Not necessary to sign

4.By third party


Question:
A new venture's business plan is important because ______

1.It helps to persuade others to commit funding to the venture.

2.Can help demonstrate the viability of the venture.

3.Provides a guide for business activities by defining objectives.

4.All the above.


Question:
A patent is granted for a specified amount of time because of the assumption:

1.That during this time firm will cover its development costs

2.That firm will earn a sufficient profit during this period

3.To limit the monopoly of the firm

4.That it will stimulate idea and development of a better product


Question:
A typical inventor is usually __________

1.Highly creative & in love with the invention

2.Does not encourage change

3.Willing to modify the invention

4.Not enthusiastic


Question:
A ______ is a professional money manager who makes risk investment from a pool of equity capital to obtain a high rate of return on investments.

1.venture capitalist

2.entrepreneur

3.businessman

4.buyer


Question:
All of the following are the broad categories of External forces EXCEPT:

1.Economic forces

2.S Socioeconomic forces

3.Technological forces

4.Competitive forces


Question:
An entrepreneur into the hosiery business found out the reason his hosiery was not selling was due to its color. What could be the best source of this information?

1.Supplier

2.Retailer

3.Competition

4.Government bureau


Question:
An individual who initiates, creates and manages a new business can be called _____

1.A leader

2.A manager

3.A professional

4.An entrepreneur


Question:
Andrew Carnegie is an example of entrepreneur of which century:

1.Earliest period

2.19th and 20th century

3.Middle ages

4.None of these


Question:
Developing a new idea through inquiry and testing is called:

1.Forced relationship

2.Heuristics

3.Scientific method

4.Value analysis


Question:
EDPs course contents contains ______

1.General introduction to entrepreneurs.

2.Motivation training.

3.Managerial skills.

4.All the above.


Question:
Entrepreneurial success has been significant because of the culture and the political and economic systems in –––––

1.Asian countries

2.European countries

3.Transition economies

4.Middle East


Question:
External forces directly affect all of the following EXCEPT:

1.Market segmentation strategies

2.Types of products/services offered

3.Management structure of organization

4.Choice of businesses to acquire or sell


Question:
Female entrepreneurs differ from male entrepreneurs in terms of all of the following EXCEPT:

1.Motivation

2.business skills

3.Departure point

4.Goal orientation


Question:
Following are the types of non equity arrangements EXCEPT:

1.Licensing

2.T turnkey project

3.Direct export

4.Management contracts


Question:
Foundation companies are formed from:

1.Fashion

2.Research and development

3.Most popular business

4.winding up company


Question:
Gazelles are the firms with:

1.High growth rate

2. moderate growth rate

3.Zero% growth rate

4.Low growth


Question:
Government can help in forming new venture by providing:

1.finance

2.technology

3.infrastructure

4.funds


Question:
Government can help in forming new venture by providing:

1.Finance

2.Technology

3.Infrastructure

4.Subsidiaries


Question:
IFCI stands for ______

1.Industrial finance corporation of India.

2.Institutional finance corporation of India.

3.Industrial funding corporation of India.

4.Indian finance corporation and institution.


Question:
Intellectual Property laws can protect _______

1.Trademarks.

2.Copyright.

3.Patents.

4.All the above.


Question:
Members of distribution channels are excellent sources for new ideas because:

1.They are familiar with the needs of the market

2.They earn a handsome profit from new business

3.They do not bother if entrepreneur bears a loss

4.They have well-developed sales force


Question:
Professional support network includes following EXCEPT:

1.Personal affiliations

2.Mentor

3.Friends

4.Trade associations


Question:
SIPCOT's financial assistance is in the form of ______

1.term loan.

2.seed capital scheme.

3.underwriting the capital issues.

4.all of the above.


Question:
Someone legally appointed to resolve the financial difficulties of an insolvent firm is called _______

1.an administrator.

2.a predator.

3.an auditor.

4.a turnaround consultant.


Question:
The activity which occurs when the new venture is started are called:

1.Business skills

2.Motivation

3.Departure point

4.Goal orientation


Question:
The business plan should be prepared by:

1.Entrepreneurs

2.Consultants

3.Engineers

4.Small business administration services


Question:
The commitment of administrative domain to the resources is for:

1.Periodic intervals

2.Total amount needed

3.For certain tasks

4.For long time


Question:
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:

1.Economic development

2.Balance of payment

3.Barter system

4.International trade


Question:
The importance of intellectual property should be understood by entrepreneur even before:

1.Hiring a manager

2.Engaging an attorney

3.Developing a product

4.Establishing new venture


Question:
The longest lasting trade agreement with the objective of liberalizing trade by eliminating or reducing tariffs, subsidies and quotas is:

1.Free trade area - FTA

2.European community - EC

3.General agreement on tariffs and trade - GATT

4.The North American free trade agreement - NAFTA


Question:
The period in which the money person entered into a contract with the go-between to sell his goods is known as

1.Middle ages

2.18th century

3.17th century

4.Earliest period


Question:
The transitional disturbance and lack of reform has led to boom black market in:

1.China

2.Hungary

3.Singapore

4.Poland


Question:
What is the primary concern of founders who trade equity for capital for their growing venture?

1.Capitalization

2.Control

3.Valuation

4.Investor capabilities


Question:
Which of the following are described as one of the Big Five personality traits?

1.tolerance of others.

2.need for achievement.

3.propensity to leadership.

4.locus of control.


Question:
Which of the following areas are preferred by women entrepreneurs?

1.Administration

2.Organization

3.Utilities

4.Manufacturing


Question:
Which of the following cannot be covered under the copyright protection?

1.Computer software

2.Poems and songs

3.Computer hardware

4.Models and sculpture


Question:
Which of the following factors does not affect a person for being an entrepreneur?

1.Gender

2.Education

3.Family background

4.values


Question:
Which of the following factors does not affect a person for being an entrepreneur?

1.Work history

2.Nationality

3.Education

4.Personal values


Question:
Which of the following factors has allowed small companies to act like they are big ones?

1.Customers

2.Competition

3.Economic development

4.Technology.


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

1.Europe

2.The Far East

3.Central Asia

4.Transition economies


Question:
Which of the following is alternatively called corporate venturing?

1.Intrapreneurship

2.Entrepreneurship

3.Act of stating a new venture

4.Offering new products by an existing company


Question:
Which of the following is not a source of idea generation?

1.Consumers

2.Federal government

3.Brain storming

4.Training


Question:
Which one of the following is NOT a condition of a contract?

1.An offer is made

2.Consideration is given

3.An acceptance of offer

4.Contract must be illegal


Question:
Which one of the Following is not the way by which an entrepreneur can enter into international business?

1.Export

2.Non equity arrangements

3.Direct foreign investment

4.Communication


Question:
Which one of the following is the fourth step in the entrepreneurial process?

1.Developing successful business ideas

2.Initiating New rules

3.Deciding to become an entrepreneur

4.Growing the entrepreneurial firm


Question:
Which one of the following theory has the attribute of moderate risk taking as a function of skill, not chance?

1.Need for independence

2.Need for achievement

3.Need for affiliation

4.Need for authority


Question:
____ viewed the entrepreneur as a risk taker who "buy(s) at an uncertain price, therefore operating at a risk".

1.Eli Whitney

2.Edward hariman

3.Richard cantillon

4.Thomas Edison


Question:
________ is a form of financing especially for funding high technology, high risk and perceived high reward projects

1.Fixed capital.

2.Current capital.

3.Seed capital.

4.Venture capital.


Question:
________ is primarily concerned with the identification of the project demand potential and the selection of the optimal technology.

1.Techno-economic analysis.

2.Feasibility analysis.

3.Input analysis.

4.Financial analysis.


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  15. MBA Advertising and Sales Promotion Mcq Set 5
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  27. MBA Behavioural and Allied Sciences MCQ Set 4
  28. MBA Behavioural and Allied Sciences MCQ Set 5
  29. MBA Behavioural and Allied Sciences MCQ Set 6
  30. MBA Behavioural and Allied Sciences MCQ Set 7
  31. MBA Behavioural and Allied Sciences MCQ Set 8
  32. MBA Behavioural and Allied Sciences MCQ Set 9
  33. MBA Behavioural and Allied Sciences MCQ Set 10
  34. MBA Brand Management MCQ Set 1
  35. MBA Brand Management MCQ Set 2
  36. MBA Brand Management MCQ Set 3
  37. MBA Brand Management MCQ Set 4
  38. MBA Brand Management MCQ Set 5
  39. MBA Business Communication MCQ Set 1
  40. MBA Business Communication MCQ Set 2
  41. MBA Business Communication MCQ Set 3
  42. MBA Business Communication MCQ Set 4
  43. MBA Business Communication MCQ Set 5
  44. MBA Business Communication MCQ Set 6
  45. MBA Business Communication MCQ Set 7
  46. MBA Business Communication MCQ Set 8
  47. MBA Business Communication MCQ Set 9
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  50. MBA Business Economics MCQ Set 1
  51. MBA Business Economics MCQ Set 2
  52. MBA Business Economics MCQ Set 3
  53. MBA Business Economics MCQ Set 4
  54. MBA Business Economics MCQ Set 5
  55. MBA Business Economics MCQ Set 6
  56. MBA Business Environment MCQ Set 1
  57. MBA Business Environment MCQ Set 2
  58. MBA Business Environment MCQ Set 3
  59. MBA Business Environment MCQ Set 4
  60. MBA Business Environment MCQ Set 5
  61. MBA Business Environment MCQ Set 6
  62. MBA Business Environment MCQ Set 7
  63. MBA Business Environment MCQ Set 8
  64. MBA Business Environment MCQ Set 9
  65. MBA Business Ethics and Governance MCQ Set 1
  66. MBA Business Law Mcq Set 1
  67. MBA Business Law Mcq Set 2
  68. MBA Business Law Mcq Set 3
  69. MBA Business Law Mcq Set 4
  70. MBA Business Law Mcq Set 5
  71. MBA Business Law Mcq Set 6
  72. MBA Business Law Mcq Set 7
  73. MBA Business Law Mcq Set 8
  74. MBA Business Law Mcq Set 9
  75. MBA Business Mathematics Mcq Set 1
  76. MBA Business Mathematics Mcq Set 2
  77. MBA Business Mathematics Mcq Set 3
  78. MBA Business Mathematics Mcq Set 4
  79. MBA Business Mathematics Mcq Set 5
  80. MBA Business Mathematics Mcq Set 6
  81. MBA Business Statistics Mcq Set 1
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  83. MBA Computers In Management Mcq Set 1
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  85. MBA Computers In Management Mcq Set 3
  86. MBA Computers In Management Mcq Set 4
  87. MAB Cost and Managerial Accounting Mcq Set 1
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  89. MBA Cost and Managerial Accounting Mcq Set 2
  90. MBA Cost and Managerial Accounting Mcq Set 3
  91. MBA Cost and Managerial Accounting Mcq Set 4
  92. MBA Cost and Managerial Accounting Mcq Set 5
  93. MBA Cost and Managerial Accounting Mcq Set 6
  94. MBA Cost and Managerial Accounting Mcq Set 7
  95. MBA Cost and Managerial Accounting Mcq Set 8
  96. MBA Cost and Managerial Accounting Mcq Set 9
  97. MBA Cost and Managerial Accounting Mcq Set 10
  98. MBA Cost and Managerial Accounting Mcq Set 11
  99. MBA E-Business MCQ Set 1
  100. MBA E-Business MCQ Set 2
  101. MBA E-Business MCQ Set 3
  102. MBA E-Business MCQ Set 4
  103. MBA English Language MCQ Set 1
  104. MBA English Language MCQ Set 2
  105. MBA Entrepreneurship Management MCQ Set 1
  106. MBA Entrepreneurship Management MCQ Set 2
  107. MBA Entrepreneurship Management MCQ Set 3
  108. MBA Entrepreneurship Management MCQ Set 4
  109. MBA Entrepreneurship Management MCQ Set 5
  110. MBA Entrepreneurship Management MCQ Set 6
  111. MBA Financial Management MCQ Set 1
  112. MBA Financial Management MCQ Set 2
  113. MBA Financial Management MCQ Set 3
  114. MBA Financial Management MCQ Set 4
  115. MBA Financial Management MCQ Set 5
  116. MBA Financial Management MCQ Set 6
  117. MBA Financial Management MCQ Set 7
  118. MBA Financial Management MCQ Set 8
  119. MBA Financial Management MCQ Set 9
  120. MBA Financial Management MCQ Set 10
  121. MBA Financial Management MCQ Set 11
  122. MBA Financial Management MCQ Set 12
  123. MBA Human Resource Management Mcq Set 1
  124. MBA Human Resource Management Mcq Set 2
  125. MBA Human Resource Management Mcq Set 3
  126. MBA Human Resource Management Mcq Set 4
  127. MBA Human Resource Management Mcq Set 5
  128. MBA Human Resource Management Mcq Set 6
  129. MBA Human Resource Management Mcq Set 7
  130. MBA Human Resource Management Mcq Set 8
  131. MBA Insurance and Risk Management Mcq Set 1
  132. MBA Insurance and Risk Management Mcq Set 2
  133. MBA Insurance and Risk Management Mcq Set 3
  134. MBA Insurance and Risk Management Mcq Set 4
  135. MBA Insurance and Risk Management Mcq Set 5
  136. MBA Insurance and Risk Management Mcq Set 6
  137. MBA Management Information Systems Mcq Set 1
  138. MBA Management Information Systems Mcq Set 2
  139. MBA Management Information Systems Mcq Set 3
  140. MBA Management Information Systems Mcq Set 4
  141. MBA Management Information Systems Mcq Set 5
  142. MBA Management Information Systems Mcq Set 6
  143. MBA Management Information Systems Mcq Set 7
  144. MBA Management Information Systems Mcq Set 8
  145. MBA Management Information Systems Mcq Set 9
  146. MBA Marketing Management Mcq Set 1
  147. MBA Marketing Management Mcq Set 2
  148. MBA Marketing Management Mcq Set 3
  149. MBA Marketing Management Mcq Set 4
  150. MBA Marketing Management Mcq Set 5
  151. MBA Marketing Management Mcq Set 6
  152. MBA Marketing Management Mcq Set 7
  153. MBA Marketing Management Mcq Set 8
  154. MBA Marketing Management Mcq Set 9
  155. MBA Marketing Management Mcq Set 10
  156. MBA Marketing Management Mcq Set 11
  157. MBA Marketing Management Mcq Set 12
  158. MBA Marketing Management Mcq Set 13
  159. MBA Media Planning Mcq Set 1
  160. MBA Media Planning Mcq Set 2
  161. MBA Media Planning Mcq Set 3
  162. MBA Media Planning Mcq Set 4
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  164. MBA Operations Research Mcq Set 2
  165. MBA Operations Research Mcq Set 3
  166. MBA Operations Research Mcq Set 4
  167. MBA Operations Research Mcq Set 5
  168. MBA Organisational Behavior Mcq Set 1
  169. MBA Organisational Behavior Mcq Set 2
  170. MBA Organisational Behavior Mcq Set 3
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  172. MBA Principles and Practices of Management Mcq Set 1
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  180. MBA Principles and Practices of Management Mcq Set 9
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  182. MBA Production and Operations Management Mcq Set 2
  183. MBA Production and Operations Management Mcq Set 3
  184. MBA Production and Operations Management Mcq Set 4
  185. MBA Production and Operations Management Mcq Set 5
  186. MBA Production and Operations Management Mcq Set 6
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  196. MBA System Analysis and Design Mcq Set 6
  197. MBA System Analysis and Design Mcq Set 7
  198. MBA System Analysis and Design Mcq Set 8
  199. MBA System Analysis and Design Mcq Set 9
  200. MBA Total Quality Management Mcq Set 1
  201. MBA Total Quality Management Mcq Set 2
  202. MBA Total Quality Management Mcq Set 3
  203. MBA Total Quality Management Mcq Set 4
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