MGT602 Midterm MCQs by Bright Attock

“MGT602 MCQS File”

“LECTURE WISE MCQS”

1ST ,2nd ,3rd ,4th WEEK Lectures Mcqs

1. America economy is an example of factor driven economy.
2. Labor economy and factor driven economy have same attributes.
3. An agricultural driven economy is also called as: a). crops driven economy b). factor driven economy c). innovation driven economy d). efficiency driven economy
4. Which of the following option is the realistic for entrepreneurship ? a). A mother discipline b). A theoretical subject c). A bookish subject d). A practical subject
5. The literal meaning of the word entrepreneurship is avoid something .

Q6. The invention of steam engine powered the pace of industrial revolution.

1. False b). true
2. A business incubation center equips a business startup with working space .
3. To be an entrepreneur is an act of nature this statement is an entrepreneurial myth.
4. The literal meaning of the word “ entrepreneur” is : a). to divert b). to go between c). to avoid something d). to close a path
5. Core function of a business incubation center is to challenge a business idea.
6. The literal meaning of the word “entrepreneur” is “to go between”.
7. Entrepreneurship is a theoretical subject.
8. There are several advantages of buying on existing business one being successful existing business may continue to be successful.
9. If the business is being unprofitable , the only option is to sell it.
10. Accountants are the professional that we can rely on while evaluating on existing business.
11. Closing the sale of existing business is best handled by third party.
12. Creating a new venture requires more time and effort .
13. Economic shift in global environment does not lead entrepreneur to start new ventures.
14. Purchasing power cannot be considered as an economic indicator.
15. Overvalued assets are not considered as misleading financial information .
16. While deciding about starting a new venture , it must be considered that there is risk for losing entire investment .
17. Entrepreneurs are always sole proprietors .
18. Owner’s reason to sell a business might be his old age or illness.
19. It is not important to consider non quantitative factors while valuating a business.
20. Buying an existing business may give location advantage to buyers.
21. Core function of a business incubation center is to finance a business startup.
22. Asset based valuation approach examines the value of a business assets token separately .