vu mgt211 Final Term - Quiz No.9
vu mgt211 Introduction To Business Quiz
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Question 1: All of the following are characteristics shared by successful entrepreneurs EXCEPT
risk averse.
product/customer focus.
tenacity despite failure.
passion.
Question 2: What type of agreement is used to form a partnership business?
None of them
Written or oral agreement
Oral agreement
Written agreement
Question 3: A distribution channel represents the path of a product from a producer to:
Retailer
Wholesaler
Consumer
Manufacturer
Question 4: Which is NOT an advantage of international trade
Import of defence material
Export of surplus production
Availability of cheap raw materials
Dependence on foreign countries
Question 5: What is the partnership written agreement known as?:
Agreement
Partnership Act
Partnership contract
Partnership deed
Question 6: Compensation can be
None
Both
Non Monetary reward
Monetary reward
Question 7: In a free trade world in which no restrictions exist, international trade will lead to
Reduced real living standard
Decreased efficiency
Increased efficiency
Reduced real GDP
Question 8: The meeting must be held at least once in 3 months and atleast four times in a year?
None
Statutory meeting
Monthly meeting
Directors meeting
Question 9: TECHNIQUES FOR FINAL INTERVIEWS
All of these
Shortcoming of Pattern Interview
Non Pattern Interview
Pattern Interview
Question 10: Debentures are also termed as
Certificate of credit
Dividend
Bonds
Bonus
