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MGT602 Grand Quiz by Junaid

Entrepreneurship PDF 376 KBUpdated 23 Oct 2026
Quiz MGT602 Grand Quiz by Junaid PDF 376 KB
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Quiz
Course
MGT602 Entrepreneurship
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PDF 376 KB
Updated
23 Oct 2026
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MGT602 GRAND QUIZ

Q1. All of the following factors support the intrapreneurial environment EXCEPT:

  •  NO opportunity parameters

Q2. Which one of the following factor decides the expansion and elimination of intrapreneurial units will organization?

  •  Management
  •  Evaluation
  •  Reward
  •  Training

Q3. In which of the following entrepreneur operates a business using the trademark and agrees to pay a fixed sum for use of the trademark?

  •  Turn key project
  •  Copyright collaboration
  •  Franchising
  •  Trade secrets sharing

Q4. Idea of new product is tested in potencial consumers to determine consumer acceptance at --------- stage.

  •  Concept
  •  Product development
  •  Test marketing
  •  Commercialization

Q5. Sparkle toothpaste introduces its toothpaste by making its powder obsolete , this acted is called:

  •  Creative construction
  •  Destructive obsolescence
  •  Innovative destruction
  •  Creative destruction

Q6. All of the following are the characteristics which make an entrepreneur successful and it should be adopted by the entrepreneurs, Except:

  •  Discouraging bureaucratic environment
  •  Discourage open discussion
  •  Creating management option

Q7. Which of the following activities a traditional manager perform?

  •  Centralized decision making
  •  Controlled flow of information
  •  Reactive approach in problem solving

Q8. which of the following is the next stage to the product development stage of product planning and development process?

  •  Idea stage
  •  Concept stage
  •  Test marketing stage
  •  Commercialization stage

Q9. GATT stands for:

  •  General agreement on tariffsand trade
  •  General agreement on trade and treasure
  •  General agreement on tariffs and treasure
  •  General agreement on the trade services

Q10. Which of the following perspective of business plan sound finantial projections?

Q11. which of the following factor helps the companies most to the flexible in adopting changes.

  •  Management decsisions
  •  Customers relation
  •  Technology
  •  Productivity

Q12. Which of the following is the intrapreneurial leadership characteristic?

  •  Strategic planning
  •  Encourage the team work
  •  Persistency

Q13. Trademark which shows another meaning in a certain language is classified as :

  •  Coined mark
  •  Arbitrary mark
  •  Suggestive mark
  •  Descriptive mark

Q14. External forces directly affect all of the following to a business setup , except:

  •  Segmentation strategies
  •  Products range
  •  Management structure
  •  Businesses diversification

Q15. Which of the following actually affects the valuations of currency of a part particular country?

  •  Barter system
  •  Population
  •  Balance of payment
  •  Production factors

Q16. Which of the following source ideally provides formal and information survey feedback as source of new idea?

  •  Consumers

Q17. Which of the following perspective of business plan considers the venture through the eyes of the customer?

Q18. A small venture that supports the owners and usually does not grow is termed as:

  •  Foundation company
  •  Gazelle
  •  Lifestyle firm
  •  Base firm

Q19. Which of the following is the need tha truly compliments the desire to be your own boss.

  •  Need money
  •  Need of achievement
  •  Need of independence
  •  Need of dependence

Q20. spirit very impotant for making innovation and growth in an organization .

  •  Managerial
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