vu mgt602 Mid Term - Quiz No.1
vu mgt602 Entrepreneurship Quiz
This quiz belongs to book/course code vu mgt602 Entrepreneurship of vu organization. We have 16 quizzes available related to the book/course Entrepreneurship. This quiz has a total of 10 multiple choice questions (MCQs) to prepare and belongs to topic Mid Term. NVAEducation wants its users to help them learn in an easy way. For that purpose, you are free to prepare online MCQs and quizzes.
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Question 1: The resources acquired from others(creditors, banks etc) are usually:
Easily available
Difficult to obtain
Very useful
Very cheap
Question 2: Which one of the following factor does not differ in motivating male and female entrepreneurs?
Independence
Money
Job satisfaction
Opportunity
Question 3: An actor and a person who managed large project were termed as the entrepreneur in the __________.
Earliest period
Middle ages
17th century
19th and 20th century
Question 4: Which of the following statement provides projections of all operating expenses for each month of the first year?
The pro forma balance sheet
The pro forma income statement
The pro forma cash flow statement
The actual balance sheet
Question 5: Before developing the proforma income statement, the entrepreneur should prepare:
Operating budget
Capital budget
Sales budget
Both operating and capital budgets
Question 6: The more complex the organization, the more __________ it is to start.
Hard
Possible
Expensive
Easy
Question 7: Which one of the following culture that has a climate and reward system that favor conservative decision making?
Entrepreneurial
Intrapreneurial
Corporate
None of the given options
Question 8: Which of the following is NOT true about corporate entrepreneurs?
They prefer direct involvement to delegation
They tend to be moderate risk takers
They usually attempt to hide risky projects from view until ready
They follow their dreams with decisions
Question 9: Which one of the following is the fourth step in the entrepreneurial process?
Developing successful business ideas
Deciding to become an entrepreneur
Growing the entrepreneurial firm
Moving from an idea to an entrepreneurial firm
Question 10: The business plan is an integration of functional plans such as:
Marketing, finance, manufacturing, and human resources
Marketing, Management, human resources, and operations management
Advertisement, Management, Marketing, and Finance
Manufacturing, Human resources, Management, and Human Resource
