MGT211 Midterm Past Papers Updated 15 June 2022 by Attiq Kundi

MGT211 · Mid-Term · Quiz by Attiq Kundi · 100 % CORRECT MCSQ · AND Many MoRe · MGT 211 · Also Added Today Quiz · 15-june-2022 · MGT-211 · Quiz file · Fall 2021

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

January 1, 1985

First directions are usually named in the------. Articles of Association

Statutory report must be send to the shareholder before meeting that is certified by at least: 3 directions including CEO

What should be the basic theme of a business plant?

Ways to go and how to go

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

Dependency

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

Poultry forms

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

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

9. In sole proprietorship business entire finance is provided by: Entrepreneur
10. A major advantage of the corporate form of organization is: Limited owner liability
11. ------ Generally has unlimited liability

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?

All of the given option

13. Sole proprietorship always enjoys:

100% of profit after tax

A statuary report must be sent to every member of the company at least ----- days before the meeting is to be held.

21 days

15. The members of a cooperative society have ----- liability. Limited

Q16. Which of the following is not an attribute of sole proprietor ship business?

Profit sharing

Q17. A person or an organization that works for an exporter or importer is called -------.

1. All of the given options
2. Middle man
3. Independent Agent
4. Whole seller

Q18. Which of the following is not an example of non- profit making organization?

Partnership

19. The term tariff, as used in international trade, refers to: Select the correct option