MGT602 Final Term Solved MCQs

Q1. When did the Sindh Small Industries Corporation launch its credit scheme?

1. 1972-73
2. 1978-79
3. 1988-89
4. 1992-93

Q2. In most cases, the venture capitalist:

1. Seeks control of the company
2. Never expects a seat on the board of directors
3. Expects the management team to run the daily operations
4. Prefers not to interfere in planning and expertise areas

Q3. Which of the following statement provides projections of all operating expenses for each month of the first year?

1. The pro forma balance sheet
2. The pro forma income statement
3. The pro forma cash flow statement
4. The actual balance sheet

Q4. Industry analysis should include information on:

1. Market size of competitor's product
2. Growth rate of suppliers
3. New products entry
4. Economic conditions

Q5. Which one of the following is the first step in the entrepreneurial process?

1. Deciding to become an entrepreneur
2. Growing the entrepreneurial firm
3. Moving from an idea to an entrepreneurial firm
4. Developing successful business ideas

Q6. Which of the following is a second step in the entrepreneurial process?

1. Developing successful business ideas
2. Deciding to become an entrepreneur
3. Growing the entrepreneurial firm
4. Moving from an idea to an entrepreneurial firm

Q7. In the administrative domain, the commitment of resources is for which of the following?

1. Periodic intervals
2. Total amount needed
3. For certain tasks
4. For long time

Q8. Major contribution of export for Pakistan comes from:

1. Leather goods
2. Surgical instruments
3. Sports goods
4. All of the given options

Q9. Which of the following helps to prevent lack of cash?

1. Financial plan
2. Cash flow
3. Business plan
4. Personal plan

Q10. Entrepreneurial endeavors consist of all of the following key elements Except:

1. New business venturing
2. Increasing productivity
3. Innovativeness
4. Proactiveness

Q11. In terms of chronological age, most entrepreneurs initiate their entrepreneurial carrier between ages of:

1. 15 and 22
2. 22 and 45
3. 45 and 57
4. 57 and 63

Q12. Which of the following distributes profits to owners through dividends?

1. Limited Partnership
2. General Partnership
3. Corporation
4. Sole Proprietor

Q13. An entrepreneur is also successful in international business as well if he understands:

1. Difference of domestic and international business
2. Domestic business
3. International business
4. None of the given options

Q14. In USA Public Limited Companies may have ______ Director/s

1. 1
2. 2
3. 3
4. 4

Q15. Who is usually the best role model for the employees?

1. Line managers
2. Competitors
3. Trainer
4. Entrepreneur
5. The LLC is similar to an S corporation, but is more flexible

True False

Q17. In which of the following, banks are usually reluctant to give loan?

1. Sole Proprietor
2. Public Limited Companies
3. Partnership firm
4. Private Limited Companies

Q18. In which of the following, banks are usually reluctant to give loan?

1. Sole Proprietor
2. Public Limited Companies
3. Partnership firm