- Type
- Quiz
- Course
- MGT602 Entrepreneurship
- Size
- PDF 444 KB
- Updated
- 23 Oct 2026
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Text from pages 1, 2, 3 of 40. Download the file for all 40 pages.
Which of the following is the objective of General Agreement on Tariffs and Trade (GATT)?
Imposing the tariffs and imports quotas
Liberalizing trade by reducing quotas
Introduce more advance impost quotas Eight rounds of tariff reduction
Which one of the following has the primary motive of independence and ability to advance in the corporate rewards?
Traditional managers Entrepreneurs
Intrapreneurs
Administrative managers
Which one of the following describes the statement “the time span available for creating the new venture”?
Opportunity Analysis
Window of opportunity
Opportunity assessment Opportunity identification
Which of the following is the fruitful source for identifying business opportunities?
Business associates Technical people Consumers Which of the following is the entrepreneurial domain of management structure?
Formalized hierarchy
Flat with multiple informal networks
Clearly defined authority Organizational culture
Which of the following describes the statement; “method of stimulating, and then capitalizing on, individuals in an organization who think that something can be done differently and better”
Intrapreneurship
Administrative domain
Which of the following is a sound strategic option for an organization when its purpose is to get the 100% ownership in the international business operations?
Mergers & acquisitions
Joint venture Majority interest Indirect exporting
Which of the following is the desirable factor for an entrepreneur while forming a new venture?
Sub culture
Stakeholder Role models Marketing
Which of the following country has the social structure that discourages entrepreneurship?
Singapore
Japan
Pakistan Hong Kong Which of the following is the method for individuals to solve problems through one of four mechanisms: personal, direct, symbolic and fantasy?
Gordon method
Synetics
Heuristics Scientific method
Which of the following is the best method for developing new idea by looking at the positives and negatives of an item?
Free association
Attribute listing
Forced relationship Value analysis
Which one of the following theory has the attribute of moderate risk taking as a function of skill, not chance?
Need for independence
Need for achievement
Need for affiliation Need for authority
An actor or a person who managed large production projects was termed as the entrepreneur in the _________.
Earliest period
Middle ages
17th century 19th and 20th century
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