MGT211 Midterm Past Papers by Attiq Kundi

Mid · Quiz by Attiq Kundi · 100 % CORRECT MCSQ · AND Many MoRe · MGT-211 · Quiz file · Fall 2021

Q1. The law relating to Joint Stock Company has been laid in companies’ ordinance, 1984, which came into force on-----in Pakistan.

1. January 1, 1995
2. January 1, 1985
3. January 1, 2000
4. None of the given options

Q2. First directions are usually named in the------.

1. Memorandum of Association
2. Articles of Association
3. Prospectus
4. None of the given options

Q3. Statutory report must be send to the shareholder before meeting that is certified by at least:

1. 2 directions including CEO
2. 5 directions including CEO
3. 3 directions including CEO
4. 7 directions including CEO

Q4. What should be the basic theme of a business plant?

1. Ways to go and how to go
2. What to achieve and how to achieve
3. Financial planning
4. SWOT analysis of the organization

Q5. Which of these is/are a disadvantage of operating a franchise?

1. Growth with minimal capital
2. All of the given options
3. Dependency
4. More risk of failure as compare to new business

Q6. Which of the following is an example of genetic industry?

1. Textile industries
2. Poultry forms
3. Sugar mill
4. None of the given options

Q7. In which type of business, banks hesitate to given loans?

1. Partnership
2. None of the given options
3. Joint Stock Company
4. Co- Operative Society

Q8. What is maximum number of partners in case of banking business?

1. 10
2. 20
3. 5
4. 15

Q9. In sole proprietorship business entire finance is provided by:

1. The creditors
2. All of the given options
3. The barrowers
4. Entrepreneur

Q10. A major advantage of the corporate form of organization is:

1. Legal restrictions
2. Ease of organization
3. Limited owner liability
4. Reduction of double taxation

Q11. ------ Generally has unlimited liability

1. A shareholder in a public company
2. A shareholder in a private company
3. A director having share capital
4. The owner of a sole proprietorship

Q12. A market survey is important because it tells you:

1. How many & what types of people are shopping at a store
2. What the customer will buy
3. How much the customer will pay for the product?
4. All of the given option