MGT602 Midterm MCQs Mega File

MGT602 Online Quiz#2….1200 MCQs Solved… · Lecture # 1 to 20 · Solved By Hafiz Salman Majeed & Aysha Mirza & · Maha Shah & Imran Ali

Q10. of 15 ( Start time: 11:22:10 PM ) Total Marks: 1 The commitment of administrative domain to the resources is for:

Periodic intervals Total amount needed For certain tasks For long time

Q8. of 15 ( Start time: 11:25:55 PM ) Total Marks: 1

Mentor

Friends

Q9. of 15 ( Start time: 11:26:34 PM ) Total Marks: 1 Foundation companies are formed from:

Fashion Most popular business A winding up company Research and development

Q10. of 15 ( Start time: 11:27:04 PM ) Total Marks: 1 Generally, male entrepreneurs start their first venture in the age of:

Late 20s Early 30s Late 30s Early 40s

Q11. of 15 ( Start time: 11:27:50 PM ) Total Marks: 1

The resistance of employees in an organization against flexibility, growth, and diversification can be overcome by developing:

Managerial domain Administrative domain

Q12. of 15 ( Start time: 11:28:38 PM ) Total Marks: 1

Q13. of 15 ( Start time: 11:29:26 PM ) Total Marks: 1 The former USSR received technology and syrup from Pepsi and provided it with Soviet vodka and rights to distribute it in the US. This is an example of:

Barter system Balance of payment International trade

Which one of the following is NOT a condition of a contract?

An offer is made An acceptance of offer Contract must be illegal Consideration is given

Q15. of 15 ( Start time: 11:30:48 PM ) Total Marks: 1

Developing a new idea through inquiry and testing is called:

Heuristics Forced relationship

Value analysis

Entrepreneurial success has been significant because of the culture and the political and economic systems in _______.

European countries Asian countries

Middle East

Which of the following is alternatively called corporate venturing?

Act of stating a new venture Offering new products by an existing company

The importance of intellectual property should be understood by entrepreneur even before:

Hiring a manager Engaging an attorney Developing a product Establishing new venture