MCQs
MGT602 MCQs
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- Type
- MCQs
- Course
- MGT602 Entrepreneurship
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- PDF 301 KB
- Updated
- 23 Oct 2026
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1 | P a g e
- multiple layers of reporting and decentralized ......... …… Tall Structure
- an organizational structure where employees are only a few steps away from senior leadership …………………. Flat Structure
- The entrepreneurs who deal with import and export business...................... Geographical Structure.
- which principle deal with the focus on co-creation and partnership instead of competition………. Crazy quilt principle
- ………..... where an entrepreneur selects one or more narrow (niche) ….. market
- segment to serve …………………..focus strategy
- ich is not phase in BCG Matrix? ……………… bull
- Reel camera and Symbian phone technology markets are at the ------- of the industry ……………………… Decline stage
- Rent and insurance are... …………………Fixed cost
- ....create solutions to the problem with the means/resources available at the moment …………… bird in hand
- Which principle deals with the assessing downsides of things and examining what an
- A value that will purchase a finite quantity, weight, or other measure of a good or service is called... ……………….price
2 | P a g e
- ……………….is the visible elements of a brand, such as color,
- design, and logo that identify and distinguish the brand in consumer ………..brand identity
- which of the following is not the personal barrier …… misguiding instruction
- which of the following is not characteristics of sole proprietorship………………………………. double taxation.
- which of the following is most true regarding to business plan………………………….. business idea proceed business plan
- # Which principle deals with the assessing downsides of things and examining what an
- entrepreneur can lose. ……. Affordable Loss Principle.
- ______are negative forces in external environment that inhibit the business venture’s
- capability. ………………….. Threats.
- _____Stage of BCG matrix means that the product has low market share and high
- market growth rate. ……………….. Question mark.
- Sequence where writing business plan. (Business Idea, Business plan, ………………………. practical business.
- Which of the following associated the amount of the income earned with resources to
- generate it. (Profitability Ratios)
- # _______Measure the overall financial stability of firm…………………. Financial Stability Ratios.
- Which is not principle of effectuation? …. Crazy pilot principle.
- Rent and insurance are the types of__. Fixed costs.
- What is the 4th phase of grenier growth model? …………… control crisis
- What is the 3rd phase in growth through delegation? ……….. autonomy crisis
- ________ is referred to the series of improvements a company make in its existing products and services with time… Incremental innovation.
3 | P a g e
- ______are negative forces in external environment that inhibit the business venture’s capability ………………. Threats
- _____Stage of BCG matrix means that the product has low market share and high market growth rate. ………………………….. Question mark
- Sequence where writing business plan. (Business Idea, Business plan, ………………… practical business.
- _______Measure the overall financial stability of firm.(Financial Stability ………………..… Ratios
- Rent and insurance are the types of__.................. Fixed costs
- # What is the 3rd phase in growth through delegation? …………………. autonomy crisis.
- ________ is referred to the series of improvements a company make in its existing products and services with time. …………… Incremental innovation
- -Which principle deals with the assessing downsides of things and examining what an entrepreneur can lose.... Affordable Loss Principle
- 2-Which section ---------- pitches the opportunity rationale..... …………… Executive Summary.
- ......suggests how to create uncontested market space and make the competition irrelevant. …………………Blue Ocean Strategy
- 5-…………………….. strategy types
- associated the amount of the income earned with resources to generate it...... ………….. Profitability Ratios
- Flat Structure.... deals with an organizational structure where employees are only a few steps
- away from senior leadership and decision making is centralized.
- Bird in hand principle …………………………create solutions to the problem with the means/resources available at
- Lemonade principle (surprises and mistakes are unavoidable. An entrepreneur should use the mistakes and surprises to find new opportunities.)
- 3. Crazy quilt principle (focus on co-creation and partnership instead of competition. It can bring new directions and funds for your project.) ……………………………………………. (Pictures )
- …………….. are broad long range Attributes that a business seeks to accomplish, …………….. GOAL
- …………. is where An entrepreneur seled me or more narrow ( NICHE ) ….. market segment to server. ……………. Focus strategy Net profit margin read calculated of under head of ……………………
- Nature of Operpurned velattast to specific job be is mentioned
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