vu mgt602 Mid Term - Quiz No.6
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: Which of the following is necessary to initiate the market research?
Data
Budget
Problem
Objectives
Question 2: A typical inventor is usually __________.
Highly creative & in love with the invention
Does not encourage change
Willing to modify the invention in order to augment commercial benefit
None of the given options
Question 3: Which one of the following best represents the environment of an entrepreneurial oriented organization?
Corporate culture
Entrepreneurial culture
Intrapreneurial culture
Traditional culture
Question 4: The entrepreneur was distinguished from capital provider in:
18th century
17th century
19th and 20th century
Middle ages
Question 5: Which of the following is NOT the determinant of entrepreneurs ownership?
Cash
Debt
None of the given options
Equity
Question 6: Which of the following can only be helpful to introduce the company?
Web trading
Price reduction
Free publicity
Personal selling
Question 7: The intersection of knowledge and a recognized social need to start a product development process is called:
Iterative synthesis
Product-evolution process
Ordinary innovation
Situation analysis
Question 8: According to McClellands need theory, entrepreneurs possess which of the following needs?
Need for achievement
Need for power
Need for affiliation
Need for esteem
Question 9: An ice cream producing company merges with a cotton spinning company this merger is an example of:
Diversified activity merger
Product extension merger
Market extension merger
Vertical merger
Question 10: Usually which of the following activity is NOT recorded by the manufacturers?
Cash flows
Raw material
Consumers data
Plant & machinery
