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MGT602 Quiz spring 2011 on 12 april 2011
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MGT602 Online Quiz#1….Spring 2011
..Lecture#1 to 9…
Question # 1 of 15 ( Start time: 06:14:16 PM ) Total Marks: 1
An actor or a person who managed large production projects was termed as the
entrepreneur in the _________.
Select correct option:
Earliest period
Middle ages
17th century
19th and 20th century
Question # 2 of 15 ( Start time: 06:15:38 PM ) Total Marks: 1
Which of the following describes the statement "entrepreneurship within an existing
organization"?
Select correct option:
Intrapreneurship
Entrepreneurship
High potential venture
Gazelles
Question # 3 of 15 ( Start time: 06:16:28 PM ) Total Marks: 1
The decision to start a new business is taken when one perceives that forming a new
business is:
Select correct option:
Possible
Desirable
Accurate
Both a and b
Question # 4 of 15 ( Start time: 06:16:58 PM ) Total Marks: 1
Government can help in forming new venture by providing:
Select correct option:
Finance
Technology
[FONT=&quot] [/FONT]
[FONT=&quot] [/FONT]
Infrastructure
Subsidiaries
Question # 5 of 15 ( Start time: 06:17:16 PM ) Total Marks: 1
___________ process of creating incremental wealth is called Entrepreneurship.
Select correct option:
Dynamic
Static
Continuous
Systematic
Question # 6 of 15 ( Start time: 06:17:34 PM ) Total Marks: 1
The resources acquired from others(creditors, banks etc) are usually:
Select correct option:
Easily available
Difficult to obtain
Very useful
Very cheap
Question # 7 of 15 ( Start time: 06:18:01 PM ) Total Marks: 1
Which of the following firm achieves modest growth:
Select correct option:
High potential growth firm
Foundation firm
Life style
Public company
Question # 8 of 15 ( Start time: 06:18:17 PM ) Total Marks: 1
The entrepreneur’s_______________ depends on his perception of the opportunity.
Select correct option:
Commitment to opportunity
Commitment of resources
Control of resources
Strategic orientation
Question # 9 of 15 ( Start time: 06:18:33 PM ) Total Marks: 1
Which of the following is the mechanism for commercialization of an innovation and
product development?
Select correct option:
[FONT=&quot] [/FONT]
[FONT=&quot] [/FONT]
Intrapreneurship
Marketing
Stakeholders
Finance
Question # 10 of 15 ( Start time: 06:19:58 PM ) Total Marks: 1
Which of the following has formalized hierarchy of management structure?
Select correct option:
Managerial domain
Entrepreneurial domain
Intrapreneurial domain
Political domain
Question # 11 of 15 ( Start time: 06:21:21 PM ) Total Marks: 1
The assessment of the needed resources by the entrepreneur starts with:
Select correct option:
An appraisal of the entrepreneur’s present resources
An assessment of economic conditions of the country
A scanning of friends and family for funds
A survey of banks and other financial institutions in the area
Question # 12 of 15 ( Start time: 06:21:39 PM ) Total Marks: 1
Gazelles are the firms with:
Select correct option:
High growth rate
Moderate growth rate
Zero% growth rate
Low growth rate
Question # 13 of 15 ( Start time: 06:21:45 PM ) Total Marks: 1
The difference in the entrepreneurial and managerial domains has contributed towards an
increase interest in:
Select correct option:
Forming new firms
Partnership
Intrapreneurship
Private firms
[FONT=&quot] [/FONT]
[FONT=&quot] [/FONT]
Question # 14 of 15 ( Start time: 06:22:06 PM ) Total Marks: 1
The entrepreneur utilizes the resources through:
Select correct option:
Identifying and evaluating the opportunity
Developing a business plan
Implementing the business plan
Manage the enterprise
Question # 15 of 15 ( Start time: 06:22:24 PM ) Total Marks: 1
Which two work environments should be good for spawning the new enterprises?
Select correct option:
Finance and marketing
Finance and R&D
Marketing and R&D
Marketing and IT
Question # 1 of 15 ( Start time: 06:39:16 PM ) Total Marks: 1
An actor or a person who managed large production projects was termed as the
entrepreneur in the _________.
Select correct option:
Earliest period
Middle ages
17th century
19th and 20th century
Question # 2 of 15 ( Start time: 06:39:23 PM ) Total Marks: 1
___________ process of creating incremental wealth is called Entrepreneurship.
Select correct option:
Dynamic
Static
Continuous
Systematic
Question # 3 of 15 ( Start time: 06:39:29 PM ) Total Marks: 1
Which of the following is the entrepreneurial domain of management structure?
Select correct option:
Formalized hierarchy
Flat with multiple informal networks
[FONT=&quot] [/FONT]
[FONT=&quot] [/FONT]
Clearly defined authority
Organizational culture
Question # 4 of 15 ( Start time: 06:40:09 PM ) Total Marks: 1
Factors contribute to the creation of new venture EXCEPT:
Select correct option:
Government
Finance
High interest rates
Role models
Question # 5 of 15 ( Start time: 06:40:28 PM ) Total Marks: 1
The entrepreneur was distinguished from capital provider in:
Select correct option:
18th century
17th century
19th and 20th century
Middle ages
Question # 6 of 15 ( Start time: 06:40:46 PM ) Total Marks: 1
Which one of the following term best describe a professional money manager who makes
risk investments to obtain a high rate of return on the investment?
Select correct option:
Entrepreneur
Venture capitalist
Corporate entrepreneur
Eli Whitney
Question # 7 of 15 ( Start time: 06:42:14 PM ) Total Marks: 1
Gazelles are the firms with:
Select correct option:
High growth rate
Moderate growth rate
Zero% growth rate
Low growth rate
Question # 8 of 15 ( Start time: 06:42:20 PM ) Total Marks: 1
The entrepreneur must possess the abilities:
Select correct option:
[FONT=&quot] [/FONT]
[FONT=&quot] [/FONT]
Creative
Conceptualization
Understanding environment
All of the given options
Question # 9 of 15 ( Start time: 06:42:29 PM ) Total Marks: 1
The decision to start a new business is taken when one perceives that forming a new
business is:
Select correct option:
Possible
Desirable
Accurate
Both a and b
Question # 10 of 15 ( Start time: 06:42:35 PM ) Total Marks: 1
Which one of the following is the first step in the entrepreneurial process?
Select correct option:
Developing successful business ideas
Deciding to become an entrepreneur
Growing the entrepreneurial firm
Moving from an idea to an entrepreneurial firm
Question # 11 of 15 ( Start time: 06:42:53 PM ) Total Marks: 1
Which of the following best describes the statement "intersection of knowledge and
social need that starts the product development process"?
Select correct option:
Ordinary innovation
Iterative synthesis
Technological change
Breakthrough innovation
Question # 12 of 15 ( Start time: 06:43:19 PM ) Total Marks: 1
Which of the following describes the statement "new products with some technological
change"?
Select correct option:
Ordinary innovation
Breakthrough innovation
Iterative synthesis
[FONT=&quot] [/FONT]
[FONT=&quot] [/FONT]
Technological innovation
Question # 13 of 15 ( Start time: 06:43:46 PM ) Total Marks: 1
Which of the following has multistage commitment of resources with minimal exposure
at each stage?
Select correct option:
Managerial domain
Entrepreneurial domain
Intrapreneurial domain
All of the given options
Question # 14 of 15 ( Start time: 06:45:07 PM ) Total Marks: 1
The commitment of administrative domain to the resources is for:
Select correct option:
Periodic intervals
Total amount needed
For certain tasks
For long time
Question # 15 of 15 ( Start time: 06:45:26 PM ) Total Marks: 1
Government can help in forming new venture by providing:
Select correct option:
Finance
Technology
Infrastructure
Subsidiaries
Question # 1 of 15 ( Start time: 07:04:29 PM ) Total Marks: 1
Factors contribute to the creation of new venture EXCEPT:
Select correct option:
Government
Finance
High interest rates
Role models
Question # 2 of 15 ( Start time: 07:04:35 PM ) Total Marks: 1
___________ process of creating incremental wealth is called Entrepreneurship.
Select correct option:
[FONT=&quot] [/FONT]
[FONT=&quot] [/FONT]
Dynamic
Static
Continuous
Systematic
Question # 3 of 15 ( Start time: 07:04:41 PM ) Total Marks: 1
The decision to start a new business is taken when one perceives that forming a new
business is:
Select correct option:
Possible
Desirable
Accurate
Both a and b
Question # 4 of 15 ( Start time: 07:04:47 PM ) Total Marks: 1
Government can help in forming new venture by providing:
Select correct option:
Finance
Technology
Infrastructure
Subsidiaries
Question # 5 of 15 ( Start time: 07:04:56 PM ) Total Marks: 1
Which of the following describes the statement "entrepreneurship within an existing
organization"?
Select correct option:
Intrapreneurship
Entrepreneurship
High potential venture
Gazelles
Question # 6 of 15 ( Start time: 07:05:17 PM ) Total Marks: 1
An entrepreneur is a person who is a:
Select correct option:
Risk taker
Initiator
Actor
All of the given options
[FONT=&quot] [/FONT]
[FONT=&quot] [/FONT]
Question # 7 of 15 ( Start time: 07:05:25 PM ) Total Marks: 1
The resistance of employees in an organization against flexibility, growth, and
diversification can be overcome by developing:
Select correct option:
Entrepreneurship
Intrapreneurship
Managerial domain
Administrative domain
Question # 8 of 15 ( Start time: 07:05:55 PM ) Total Marks: 1
Gazelles are the firms with:
Select correct option:
High growth rate
Moderate growth rate
Zero% growth rate
Low growth rate
Question # 9 of 15 ( Start time: 07:06:02 PM ) Total Marks: 1
Foundation companies are formed from:
Select correct option:
Fashion
Most popular business
A winding up company
Research and development
Question # 10 of 15 ( Start time: 07:06:19 PM ) Total Marks: 1
Which two work environments should be good for spawning the new enterprises?
Select correct option:
Finance and marketing
Finance and R&D
Marketing and R&D
Marketing and IT
Question # 11 of 15 ( Start time: 07:06:25 PM ) Total Marks: 1
The entrepreneur’s_______________ depends on his perception of the opportunity.
Select correct option:
Commitment to opportunity
Commitment of resources
[FONT=&quot] [/FONT]
[FONT=&quot] [/FONT]
Control of resources
Strategic orientation
Question # 12 of 15 ( Start time: 07:06:43 PM ) Total Marks: 1
Which one of the following describes the statement “the time span available for creating
the new venture”?
Select correct option:
Opportunity Analysis
Window of opportunity
Opportunity assessment
Opportunity identification
Question # 13 of 15 ( Start time: 07:10:18 PM ) Total Marks: 1
Which of the following best describes the statement "intersection of knowledge and
social need that starts the product development process"?
Select correct option:
Ordinary innovation
Iterative synthesis
Technological change
Breakthrough innovation
Question # 14 of 15 ( Start time: 07:10:45 PM ) Total Marks: 1
Which one of the following is included in an opportunity analysis plan?
Select correct option:
Description of the product or service
Development of the business plan
Management of the enterprise
Implementation of the business plan
Question # 15 of 15 ( Start time: 07:11:34 PM ) Total Marks: 1
Which of the following is the desirable factor for an entrepreneur while forming a new
venture?
Select correct option:
Sub culture
Stakeholder
Role models
Marketing
Question # 1 of 15 ( Start time: 07:23:22 PM ) Total Marks: 1
[FONT=&quot] [/FONT]
[FONT=&quot] [/FONT]
The entrepreneur utilizes the resources through:
Select correct option:
Identifying and evaluating the opportunity
Developing a business plan
Implementing the business plan
Manage the enterprise
Question # 2 of 15 ( Start time: 07:23:29 PM ) Total Marks: 1
The resources acquired from others(creditors, banks etc) are usually:
Select correct option:
Easily available
Difficult to obtain
Very useful
Very cheap
Question # 3 of 15 ( Start time: 07:23:36 PM ) Total Marks: 1
___________ process of creating incremental wealth is called Entrepreneurship.
Select correct option:
Dynamic
Static
Continuous
Systematic
Question # 4 of 15 ( Start time: 07:23:42 PM ) Total Marks: 1
Which one of the following is the fourth step in the entrepreneurial process?
Select correct option:
Developing successful business ideas
Deciding to become an entrepreneur
Growing the entrepreneurial firm
Moving from an idea to an entrepreneurial firm
Question # 5 of 15 ( Start time: 07:24:00 PM ) Total Marks: 1
Government can help in forming new venture by providing:
Select correct option:
Finance
Technology
Infrastructure
Subsidiaries
[FONT=&quot] [/FONT]
[FONT=&quot] [/FONT]
Question # 6 of 15 ( Start time: 07:24:06 PM ) Total Marks: 1
Factors contribute to the creation of new venture EXCEPT:
Select correct option:
Government
Finance
High interest rates
Role models
Question # 7 of 15 ( Start time: 07:24:12 PM ) Total Marks: 1
The commitment of administrative domain to the resources is for:
Select correct option:
Periodic intervals
Total amount needed
For certain tasks
For long time
Question # 8 of 15 ( Start time: 07:24:27 PM ) Total Marks: 1
Gazelles are the firms with:
Select correct option:
High growth rate
Moderate growth rate
Zero% growth rate
Low growth rate
Question # 9 of 15 ( Start time: 07:24:33 PM ) Total Marks: 1
In some countries, point of purchase displays are not allowed in retail stores. Such
differences are studied by international entrepreneurs under __________ environment.
Select correct option:
Economic
Political
Cultural
Technological
Question # 10 of 15 ( Start time: 07:24:51 PM ) Total Marks: 1
Which of the following has formalized hierarchy of management structure?
Select correct option:
Managerial domain
[FONT=&quot] [/FONT]
[FONT=&quot] [/FONT]
Entrepreneurial domain
Intrapreneurial domain
Political domain
Question # 11 of 15 ( Start time: 07:24:58 PM ) Total Marks: 1
Which of the following describes the statement "new products with some technological
change"?
Select correct option:
Ordinary innovation
Breakthrough innovation
Iterative synthesis
Technological innovation
Question # 12 of 15 ( Start time: 07:25:15 PM ) Total Marks: 1
An entrepreneur is a person who is a:
Select correct option:
Risk taker
Initiator
Actor
All of the given options
Question # 13 of 15 ( Start time: 07:25:21 PM ) Total Marks: 1
Which one of the following term best describe a professional money manager who makes
risk investments to obtain a high rate of return on the investment?
Select correct option:
Entrepreneur
Venture capitalist
Corporate entrepreneur
Eli Whitney
Question # 14 of 15 ( Start time: 07:25:44 PM ) Total Marks: 1
Which of the following is the fruitful source for identifying business opportunities?
Select correct option:
Business associates
Technical people
Consumers
All of the given options
Question # 15 of 15 ( Start time: 07:26:07 PM ) Total Marks: 1
[FONT=&quot] [/FONT]
[FONT=&quot] [/FONT]
The entrepreneur must possess the abilities:
Select correct option:
Creative
Conceptualization
Understanding environment
All of the given options
[FONT=&quot] [/FONT]
[FONT=&quot] [/FONT]


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