MGT211 Midterm Solved Paper

MGT211

SOLVED MIDTERM EXAMINATION

HADI VU PASTPAPER(LAHORE) CONTACT US: MGT211Introduction to Business (Session - 2)

Q1. Which of the following is excluded from factors that can affect the business? Demographic Factors (1 marks)

Economic and social factors Natural factors None of the above

Q2. The formation of ___________does not require any legal formality like registration. (1 marks)

Company Cooperative society Partnership Sole proprietorship

Q3. Which of the following is a disadvantage of partnership? (1 marks)

Distribution of work Sufficient capital Prime credit standing Profit sharing

Q4. In partnership deed, profit and loss is distributed among the partners: In equal percentage (1 marks)

As per percentage of capital invested As per agreed ratio in partnership deed

Q5. The powers of the Board of Directors to borrow from the bank are mentioned in: Article of Association (1 marks)

Memorandum of Association Special Resolution

Q6. Which of the following should be considered when designing a business plan? Objectives of the business (1 marks)

Marketing components of the business Financial components of the business All of the given options

Q7. A firm that acquires another firm as part of its overall business strategy is (1 marks)

engaging in

A strategic acquisition A financial acquisition A two-tier tender offer A shark repellent

Q8. The record of a country's imports and exports of goods and services is called its: (1 marks)

Visible trade balance. Balance of payments Balance of payments on current account. Balance of trade.

Q9. Please choose one which of the following is the treaty designed to remove barriers to the free flow of goods, services, and capital between nations? (1 marks)

GATT EU WTO NAFTA