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MGT602 SOLVED MCQs
Q1: All of the following factors support the intrapreneurial environment EXCEPT:
- NO opportunity parameters
- Top management support
- Failure not allowed
- New ideas encouraged
Q2: Which one of the following factor decides the expansion and elimination of intrapreneurial units will organization?
- Management
- Evaluation
- Reward
- Training
Q3: In which of the following entrepreneur operates a business using the trademark and agrees to pay a fixed sum for use of the trademark?
- Turn key project
- Copyright collaboration
- Franchising
- Trade secrets sharing
Q4: Idea of new product is tested in potencial consumers to determine consumer acceptance at ———stage.
- Concept
- Product development
- Test marketing
- Commercialization
Q5: Sparkle toothpaste introduces its toothpaste by making its powder obsolete , this acted is called:
- Creative construction
- Destructive obsolescence
- Innovative destruction
- Creative destruction
Q6: All of the following are the characteristics which make an entrepreneur successful and it should be adopted by the entrepreneurs,Except:
- Understanding the environment
- Discouraging bureaucratic environment
- Discourage open discussion
- Creating management option
Q7: Which of the following activities a traditional manager perform?
- Centralized decision making
- Controlled flow of information
- Reactive approach in problem solving
- All of the given option
Q8: which of the following is the next stage to the product development stage of product planning and development process?
- Idea stage
- Concept stage
- Test marketing stage
- Commercialization stage
Q9: GATT stands for:
- General agreement on tariffsand trade
- General agreement on trade and treasure
- General agreement on tariffs and treasure
- General agreement on the trade services
Q10: Which of the following perspective of business plan sound finantial projections?
- Entrepreneur perspective
- Marketing perspective
- Investor perspective
- All of the given option
Q11: which of the following factor helps the companies most to the flexible in adopting changes.
- Management decsisions
- Customers relation
- Technology
- Productivity
Q12: Which of the following is the intrapreneurial leadership characteristic?
- Strategic planning
- Encourage the team work
- Persistency
- All of the given option
Q13: Trademark which shows another meaning in a certain language is classified as :
- Coined mark
- Arbitrary mark
- Suggestive mark
- Descriptive mark
Q14: External forces directly affect all of the following to a business setup , except:
- Segmentation strategies
- Products range
- Management structure
- Businesses diversification
Q15: Which of the following actually affects the valuations of currency of a part particular country?
- Barter system
- Population
- Balance of payment
- Production factors
Q16: Which of the following source ideally provides formal and information survey feedback as source of new idea?
- Consumers
- Existing companies
- Distribution channels
- Federal government
Q17: Which of the following perspective of business plan considers the venture through the eyes of the customer?
- Entrepreneur perspective
- Marketing perspective
- Investor perspective
- All of the given option
Q18: A small venture that supports the owners and usually does not grow is termed as:
- Foundation company
- Gazelle
- Lifestyle firm
- Base firm
Q19: Which of the following is the need tha truly compliments the desire to be your own boss.
- Need money
- Need of achievement
- Need of independence
- Need of dependence
Q20: ———– spirit very impotant for making innovation and growth in an organization .
- Managerial
- Entrepreneurial
- Intrapreneurial
- Organization
Q21:The successful intrapreneurs possess all the following individual characteristics EXCEPT;
- Understanding the environment
- Being visionary
- Being inflexible
- Encouraging open discussion
Q22:Which one of the following culture has a climate and reward system that favors conservation decision making
- Entrepreneurial
- Intrapreneurial
- Corporate
- Open cultur
Q23:Which of the following country is a major entrepreneurial center?
- France
- Poland
- Hong kong
- Japan
Q24: Entrepreneurs ability to meet debt and interest payment is tagged as ———–among the Cs.
- Character
- Collateral
- Contribution
- Cash flow
Q25: All of the following factors support the intrapreneurial environment EXCEPT :
- No apportunity parameters
- Top management support
- Failure not allowed
- New ideas encouraged
Q26: Moral support network includes following ,except:
- Spouses
- Friends
- Business associate
- Relatives
Q27:Which of the following is not a part of anintrapreneurial culture?
- To take responsible and ownership
- To b rewarded for the action taken
- To introduce ideas
- To limit yourself to the job description
Q28: which of the following gives -20 year registration with 20-year renewable terms?
- Patent
- Copyright
- Trademarks
- Trade secrets
Q29: Which of the following describes the statement ; “method of stimulating ,and then capitalizing on , individuals in an organization who think that something can be done differently and better ‘’
- Entrepreneurship
- Intrapreneurship
- Managerial domain
- Administrative domain
Q30: In which source of new idea , laws and regulation of country help to generate new ideas?
- Existing companies
- Distribution channels
- Federal government
- Research and development
Q31: North American Free Trade Agreement (NAFTA) has been between U.S, Canada and ————– .
- Cuba
- Mexico
- Panama
- Jamaica
Q32: Which one of the following term best describes a professional money manager who makes risk investment to obtain a high rate of return on the investment ?
- Entrepreneur
- Venture capitalist
- Corporate entrepreneur
- Intrapreneur
Q33: Which of the following source of new ideas is considered as largest source of new ideas?
- Existing companies
- Distribution channels
- Federal government
- Research and development
Q34: In which of the following method a new idea is development through a list related issues?
- Gordon method
- Checklist method
- Free association method
- Collective notebook method
Q35:Which of the following should not be included in the introductory page of the business plan?
- Names of business
- The name of entrepreneurs
- Executive summary
- Addresses of business
Q36: Which of the following method provides information in a structured formate?
- Focus group
- Brainstorming
- Reverse brainstorming
- Problem inventory analysis
Q37:Which of the following section in patent application contains a description of the drawings?
- Introduction section
- Claims section
- Invention section
- None of the given option
Q38: Which of the following is alternatively called as corporate venturing ?
- Entrpreneurship
- Intrapreneurship
- Bureaucracy
- Corporation
Q39: Which of the following precisely refers to the services involving indirect pa payment for good through another source?
- Third party payment
- Non-equity arrangment
- Third party exports
- Third party arrangement
Q40: All of the following characteristics exists in the firms having traditional cultural EXCEPT:
- Established procedures
- Lines of authority
- Control mechanisms
- Empowerment
Q41:Which of the following source ideally provides and in formal survey feedback as source of new idea?
- Consumers
- Existing companies
- Distribution channels
- Federal government
Q42: Which of the following plan completely describes the manufacturing process?
- Manufacturing plan
- Marketing plan
- Financial plan
- All of the given options
Q43: Which of the following gives inventor the rightsof using and selling is own invention?
- Embargo
- Copyright
- Quota
- Treaty
Q44: Which of the following is not covered by federal law but is recognized under common laws in each state?
- Patent
- Copy right
- Trademarks
- Trade secrets
Q45:which of the following is an unstructured process for generation all possible ideas with criticism allowed?
- Focus group
- Brainstorming
- Reverse brainstorming
- Problem inventory analysis
Q46:Which of the following set of individuals has the primary motive of independence and ability to advance in the corporate rewards?
- Traditional managers
- Entrepreneurs
- Intrapreneurs
- Administrative managers
Q47:Which of the following may be a word ,symbol , design, or some combination that identifies the source of certain goods?
- Patent
- Copyright
- Trademarks
- Trade secrets
Q48:Combining two or more independent companies into a single new company is called as :
- Joint venture
- Merger
- Compartment
- Nationalization
Q49: Which of the following factor has allowed small companies to act like they are big ones ?
- Human resource
- Finances
- Technology
- Customers
Q50: Which of the following protects the owner from anyone else making , using selling the identifies innovation ?
- Utility patent
- Trade mark
- Trade name
- Embargo
Q51: Which of the following term best describes the different between the value of a country ‘s imports and exports?
- Deficit exports
- Deficit imports
- Balance of payment
- Balance of debt
Q52: Giving patent rights in return of royalty to foreign manufacturer is termed as :
- Franchising
- Licensing
- Foreign direct investment
- Internationalization of patents
Q53: Which of the following factor helpsthe companies most to be flexible in adopting changes .
- Management decsisions
- Customers relations
- Technology
- Productivity
Q54: Which of the following plan describes how the products will b distributed, period and promotion ?
- Manufacturing plan
- Marketing plan
- Financial plan
- All of the given options
Q55: which of the following describe the statement”entrepreneurship within an existing organization”?
- Intrapreneurship
- Entrepreneurship
- High potential venture
- Gazelles
Q 56:which of the analysis will be helpful to get information aboutyour rivals?
- SWOT Analisis
- PEST Analysis
- Competitior Analysis
- Strategic Analisis
Q 57:which of the following best describe the statement” new product development with significance technological changes?
- Iterative synthesis
- Ordinary innovation
- Technology innovation
- Breakthrough innovations
Q58: Which of the following term best describes a professional money manager who makes risk investment to obtain a high rate of return on the investment ?
- Entrepreneur
- Venture capitalist
- Corporate entrepreneur
- Intrapreneur
Q59: The entrepreneur must possess the abilities of:
- Creativity
- leadership
- understanding environment
- all of the given options
Q60:All of the following are the types of non equity arrangement , except:
- licensing
- management contract
- direct export
- turnkey projects
Q61: Lenders are primary interested in the entrepreneur’s:
- Personal networking
- Ability to pay back loan
- Educational capabilities
- Demographics
Q62:The return and reward of the parents opportunity is viewed in light of any possible subsequent opportunities comes under which stage of entrepreneurial process?
- Identifying and evaluating the opportunity
- Development business plan
- Determine the resources required
- Manage the enterprise
Q63: Which of the following is the most important element to trigger the necessary changes within an organization ?
- Team efforts
- Finance
- Reward system
- Top management commitment
Q64:which of the following section in patent application offers all details of possible infringements and their remedies?
- Introduction section
- Claims section
- Invention section
- Description section
Q65:which of the following option tells about entrepreneurs credit history?
- Cost
- Character
- Collateral
- Contribution
Q66: which of the following is the objective of GATT as an organization ?
- Impose imports quotas
- Liberalize trade by reducing quotas
- Imposes tariffs
- Increases tariffs
Q67:which of the following is a comprehensive written document describing all the relevant elements involved in starting a new venture?
- Business plan
- Company plan
- Process plan
- Marketing plan
Q68: Which of the following is the intrapreneurial leadership characteristics?
- Strategic planning
- Encourage the team work
- Persistency
- All of the given option
Q69:The method of exchange without involvement of money is termed as:
- Barter system
- Goods trading
- Resource trading
- Resource exchange
Q70: Tangible assets appearing in a loan application represent:
- Revenue
- Character
- Contribution
- Collateral
Q71: An individual need of being his /her own boss is also called as need of:
- Independence
- Achievement
- Affiliation
- Authority
Q72:In which of the following area , getting education is necessary for the entrepreneur?
- Finance
- Marketing
- Strategic planning
- All of the given option
Q73:If your equity is more than 50 percent of company’s complete shares, then you have :
- Majority interest
- Minority interest
- Full interest
- Partial interest
Q74: In which of the following method a new idea is development through a list of related issues?
- Gordon method
- Checklist method
- Free association method
- Collective notebook method
Q75:Which of the following arrangement allow the entrepreneur to enter a market without equality investment in the foreign market ?
- Equity arrangement
- No equity arrangement
- Full equity arrangement
- Half equity arrangement
Q76: which of the following culture has a claim and reward system that favors conservative decision making?
- Entrepreneurial
- Intrapreneurial
- Corporate
- Open culture
Q77: Lenders are primarily interested in the entrepreneur’s :
- Personal networking
- Ability to pay back loan
- Educational capabilities
- Demographic
Q78:Which of the following option best describes the attributes of an entrepreneurs internal locus of control ?
- Self motivation
- Accomplishment
- Power of influence
- All of the given option
Q79:which of the following offers moral support network for entrapeneurs?
- Trade association
- Professional affiliations
- Teacher
- Business associates
Q80:Which of the following gives inventor the rights of using and selling his own invention?
- Embargo
- Copyright
- Quota
- Treaty
Q81:Professional support network includes all of the following ,except :
- Industry
- Mentors
- Trade associations
- Friends
Q82:Atrademark showing no relationship between the mark and the goods and also afford the possibility of expansion , is classified as :
- Coined mark
- Arbitrary mark
- Suggestive mark
- Descriptive mark
Q83: Which of the following product safety and liability claim can be used when the product was defective prior to its receipt?
- Negligence
- Warranty
- Strict liability
- Misrepresentation
Q 83:suppose an employee of the shoe maker firm suggest the management to introduce a new ladies shoe brand in the market, this act will be called as:
- Managerial act
- Entrepreneurial act
- Intrepreneurial act
- Organization act
Q 84:which of the following of business plan should begin with mission statement?
- Financial plan
- Executive summary
- Industry analysis
- Description of venture
Q 85: the amount paid to the actual inventor by the mere user of a particular intellecutual property is termed as;
- Loyalty fee
- Poyalty
- Rovelty
- Licensing fee
Q85: Entrepreneurs usually confront with the following types of risks
- Psychological risks
- Financial risks
- Social risk
- All of the given option
Q86:Warranty is a type of :
- Claim
- Restriction
- Patent
- Liability
Q87: Following are the guiding principles in a tradition of corporate culture Except:
- Following the line of command
- Achieve target
- Do not fail
- Take initiative
Q88: Which of the following is not ncluded in four C’s of evaluation by the lenders?
- Character
- Cost
- Continuity
- Contribution
Q89: Which of the following is considered in economic and environment analysis study ?
- Gross national product
- Disposable income
- Unemployment
- All of the given option
Q90:Which of the following is an understanding process for generating ideas with criticism allowed?
- Focus group
- Brainstorming
- Reverse brainstorming
- Problem inventory analysis
Q91Business expansion scheme was introduced in 1983 to provide capital to new business ventures in:
- U.S
- U.K
- China
- Russia
Q93:Which of the following factor has allowed small companies to act like they are big ones?
- Human resource
- Finances
- Technology
- Customers
Q94:Which of the following section in patent application offers all detail of possible infringements and their remedies?
- Introduction section
- Claims section
- Invention section
- Description section
Q95:An entrepreneur into hosiery business found out the reason that his hosiery items were not selling due to its color. What could be the best source of this information ?
- Supplier
- Retailer
- Competition
- Government bureau
Q96: Which of the following analysis entrepreneur will use to analyze the economic and cultural trends of country ?
- Industry
- Environment analysis
- Competitor analysis
- SWOT analysis
Q97:Which of the following plan completely describes the manufacturing process?
- Manufacturing plan
- Marketing plan
- Financial plan
- All of the given option
Q98:Which of the following areas are preferred by women job seekers?
- Administration
- Finance
- Manufacturing
- Marketing
Q99: In technical sense anything over 50 percent of the equity of the firm is called:
- Big interest
- Complete interest
- Full interest
- Majority interest
Q100:Which of the following ‘’C’’ of credit lender represents the amount of personal equity in the whole investment by the entrepreneur?
- Cost
- Character
- Collateral
- Contribution
Q101:Tangible assets appearing in a loan application represent:
- Revenue
- Character
- Contribution
- Collateral
Q102:Which of the following creates urge to start a new business:
- Family
- Friend
- Teacher
- All of the given option
Q103:The character of an individual describing his /her degree of influence and control on the people is called :
- Locus of control
- Motion of control
- Locus of influence
- Gain of control
Q104:Which of the following is the part of intellectual property right?
- Patent
- Trade mark
- Trade secrets
- All of the given option
Q105: Which of the given attribute is least associated with an entrepreneur?
- Adaptability
- Innovation
- Imitation
- Risk taking
Q106:Patent trademarks and copyright are the generally called :
- Property rights
- Actual property rights
- Real property right
- Intellectual property rights
Q107:which of the following term best describes the different between the value of a country ‘s imports and exports?
- Deficit exports
- Deficit imports
- Balance of payment
- Balance of debt
Q108:Which of the following choice offers the firms synergy , competitive advantage and reduction in operational cost of business while expanding inn the international market?
- Acquisition
- Joint venture
- Majority interest
- Indirect e exporting
Q109: The least describes factor for an entrepreneur with entrepreneurial finance is :
- Low interest
- High rate of return
- Fixed interest rate
- High interest rate
Q110:which of the following country is a major entrepreneurial center?
- France
- Poland
- Hong kong
- Japan
Q111:Individual who help the entrepreneur in business activities are categorized as:
- Professional support network
- Individuals network
- Market support network
- Industry support network
Q112:Giving patent rights in return of royalty to foreign manufacture is termed as:
- Franchising
- Licensing
- Foreign direct investment
- Internationalization of patents
Q 113:moral support network includes following ,expect:
- Spouses
- Friends
- Business associate
- Relatives
Q 114:time period available for creating a new venture is called :
- Opportunity window
- Venture space
- Business window
Q 115:in which the following region business failure is considered as social disgrace?
- Far east
- Europe
- Central Asia
- Transition economics countries
Q 116:which of the following does not belong to internal locus of control?
- Self motivation
- Accomplishment
- Power of influence
- Fate
Q 117:the technique of developing a new idea by thinking about constraints is called:
- Big dream approach
- Gordon method
- Ground method
- Matrix charting
Q 118:which of the following factor has allowed small companies to act like they are big ones?
- Human resources
- Finances
- Technology
- Customers
Q119:licensing a manufacturer giving a foreign manufacture the right to use all of the following,expect:
- Patent
- Trademark
- Technology
- Investment
Q 119:all of the following factors supports the intrapreneurial environment EXCEPT:
- No opportunity parameters
- Top management support
- Failure not allowed
- New ideas encouraged
Q 120:which of the following country ‘s administrative structure discourages innovative entrepreneurship?
- Singapore
- Japan
- American
- Hong kong
Q 121:which of the following arrangement allow the entrepreneur to enter a market without direct equity investment in the foreign market?
- Equity arrangement
- No equity arrangement
- Full equity arrangement
- Half equity arrangement
Q 122:which of the following is the part of intellectual property right?
- Patient
- Trade marks
- Trade secrets
- All given option
Q 123:which of the following external environment force can easily analyze the market growth rate?
- Political
- Social
- Economical
- Technological
Q124:individuals usually stay away from entrepreneurs due to:
- Fear of failure
- Risk factor
- Financial constraint
- All of the given option
Q 125:which of the following option is most closely associated with entrepreneurial risk taking attribute?
- Risk aversion
- Risk management
- Risk taking
- Non of the given options
Q 126:which of the following is the best method for developeding new idea by looking at the positives and negatives of an item?
- Free association
- Attribute listing
- Forced relationship
- Value analysis
Q 127:all of the following are the characteristics which make an entrepreneur successful,EXCEPT.
- Discouraging bureaucratic environment
- Discourage open discussion
- Understanding the environment
- Creating management options
Q 128:which of the following is a distinctive of reverse brainstorming in comparison of brainstorming method?
- Low quantity method
- Criticism is allowed
- Individuals are unaware of problem
- No time limit
Q 129:which of the following document an entrepreneur should first file to establish a date of conception ?
- Patent
- Disclosure document
- Statutory report
- Copyright ballot
Q 130:which one of the following is a method for obtaining new ideas and solution by focusing on problem?
- Problem inventory
- Gordon method
- Checklist method
- Scientific method
Q 131:which of the following is the formation of a new business in which two firm share the equity?
- Merger
- Joint venture
- Management contract
- All of the given option
Q 132:the act of selling product to a ”foreign sale office “ that is located in the host country is anb example of:
- Indirect exporting
- Direct exporting
- Bartering
- Joint selling
Q133:which of the following is the need that truly compliments the desire to be your own boss.
- Need of money
- Need of achievement
- Need of independence
- Need of dependence
Q 134:if your equity is more than 50%of company complete shares , then you have:
- Majority interest
- Minority interest
- Full interest
- Partial interest
Q 135:which one of the following is the most valuable factor while bringing in the intrapreneurial culture within an organization ?
- Economical
- Technological
- Political
- Social
Q 136:which of the following is a sound strategic option for an organization when its purpose is to get the 100%ownership in the international business operation?
- Mergers acquisition
- Joint venture
- Minority interest
- Indirect exporting
Q137:which of the following perspective of business plan considers the venture through the eyes of the customer ?
- Entrepreneur perspective
- Marketing perspective
- Investor perspective
- All of the giving option
Q 138:decision regarding source of business finance for initial venture is exactly made stage of:
- Organizational planning
- Financial planning
- Marketing planning
- Operational planning
Q 139:which of the following allows the purchasing country to gain foreign expertise without turning ownership over to a foreigner?
- Turn key project
- Licensing
- Direct exporting
- Management contracts
Q 140:an entrepreneur is one who brings resources ,labor ,material and other assets into combination that marks their value greater than before this view is of:
- Economists
- Psychologists
- Sociologists
- Scientists