MGT211 Solved Quiz 1 Fall 2011 by Admin Rajpoot

Q1. of 10 ( Start time: 01:46:29 PM ) Total Marks: 1 Following are the advantages of cooperative society except:

Increase in employment Lack of profit incentive Friendly relation All of the above

Q2. of 10 ( Start time: 01:47:34 PM ) Total Marks: 1 In Franchising, who sells the rights to other party

Franchisee Franchiser Manager All of the above

Q3. of 10 ( Start time: 01:47:58 PM ) Total Marks: 1 Trade or exchange of goods and services between two or more independent countries for their mutual advantages is called

Wholesale Trade Retail Trade Foreign Trade

Q4. of 10 ( Start time: 01:48:32 PM ) Total Marks: 1 In ------------ a central body will allocated the resources and then decide how these resources will be distributed.

Free Economy Mixed Economy Planned Economy

Q5. of 10 ( Start time: 01:49:51 PM ) Total Marks: 1 First directors are usually named in the __________

Memorandum of Association Articles of Association Prospectus

Q6. of 10 ( Start time: 01:51:10 PM ) Total Marks: 1 Goods produced domestically and sold in some other country.

Import Export Tariff Quota

Q7. of 10 ( Start time: 01:51:33 PM ) Total Marks: 1 For a public limited company, minimum number of members are --------.

Q8. of 10 ( Start time: 01:52:03 PM ) Total Marks: 1 People in business and government face important ethical issues and decisions.

Only in the United States Primarily in capitalist countries Primarily in communist countries In many different countries around the world

Q9. of 10 ( Start time: 01:53:20 PM ) Total Marks: 1 Annual General Meeting is the meeting of the company that held

Each quarter after 6 months once in a year