vu mgt602 Mid Term - Quiz No.5
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: Automated stock replenishment, electronic selling and processing of customers orders and payments are examples of:
E-business
E-commerce
E-trading
E-transaction
Question 2: Which of the following statements about the intrepreneurial climate is (are) true?
Trial and error are discouraged.
Resources of the firm need to be available and easily accessible
A multidisciplinary approach is discouraged.
Failures are not allowed
Question 3: Which of the following is becoming the most important media for information and distribution?
Distribution channel
Internet
Radio
Salesperson
Question 4: Which of the following statements best defines creative problem solving?
It refers to groups of individuals providing in a structured format
It refers to a group method for obtaining new ideas and solutions
It refers to a method for obtaining new ideas and solutions by focusing on problems
It refers to a method for obtaining new ideas focusing on the parameters
Question 5: The partner sell their interests at any time without consent of the full partner, is known as
Nominal Partner
Sleeping Partner
Limited Partner
General Partner
Question 6: Which of the following firm achieves modest growth:
High potential growth firm
Foundation firm
Life style
Public company
Question 7: What the entrepreneur hopes to accomplish includes in which section of business plan?
Vision statement
Mission Statement
Goal Statement
All of the above
Question 8: The commitment of administrative domain to the resources is for:
Periodic intervals
Total amount needed
For certain tasks
For long time
Question 9: When the multiplicity of environments become too complex to handle, the international entrepreneurs often __________.
Go for mergers
Diversify
Decentralize operations
Sale out the foreign business
Question 10: When the business does not have assets to support a loan, the entrepreneur may go for which one of the following options?
Character loan
Straight commercial loan
Instalment loan
Long term loan
