MGT602 Final Term 2011 Paper

MGT602 Final Term 2011 Paper

The actual amounts of costs and profits are compared with budgeted amounts for a specific period through:

► Interim income statement

► Interim balance sheet

► Pro forma income statement

► Pro forma cash flows

In which project the funding is NOT provided by the SBFC (Small Business Finance Corporation).

► Agriculture

► Gem stones

► Textile apparel

► Marble processing

Which of the following is necessary to initiate the market research?

► Data

► Budget

► Problem

► Objectives 

Which of the following should be considered when the market for new venture is highly concentrated?

► Indirect Sale

► Direct Sale 

► Market Research

► None of the given options

Which of the following is a process of dividing the market into smaller homogeneous groups?

► Situation analysis

► Marketing

► Market segmentation

► Target marketing

Which of the following shows the standard acceptable term of a Limited Liability Company?

► Three

► Ten

► Twenty

► Thirty 

Which of the following shows the characteristic of the corporation with reference to taxation system?

► Single taxation system

► Double taxation system 

► Triple taxation system  

► No taxation system

Which of the following is NOT the determinant of entrepreneur's ownership?

► Cash

► Debt 

► None of the given options 

► Equity

The partner sell their interests at any time without consent of the full partner, is known as:

► Nominal Partner

► Sleeping Partner

► Limited Partner

► General Partner 

Which one of the following provides a guideline in determining hiring procedures?

Job description
Job specification
Job analysis
Job evaluation

The overall coordinating party in an agreement is:

Limited partner
Major partner
Minor partner
General partner

Which of the following shows the characteristic of line of credit? 

► Less commonly used 

► Involvement of commitment fee 

► Can be replaced with Long term loan 

► Better option for perishable inventory 

Which of the following is a separate entity that involves a partnership of two or more participants?

► Merger 

► Joint venture 

► Corporation 

► Acquisition 

NFC stands for:

► National Food Committee 

► National Food Commission 

► National Finance Corporation 

► National Finance Commission 

Which of the following is/are known as barriers to new product creation and development? 

► Trial and error 

► Opportunity parameters 

► Opportunity cost 

► Intrapreneurial culture 

The intersection of knowledge and a recognized social need to start a product development process is called:

Iterative synthesis

Product-evolution process

Ordinary innovation

Situation analysis

In inventory loans, finished goods inventory can be financed up to what percent of

inventory value?

50%

70%

80%

100%

The business plan is an integration of functional plans such as: 

► Marketing, finance, manufacturing, and human resources 

► Marketing, Management, human resources, and operations management 

► Advertisement, Management, Marketing, and Finance 

► Manufacturing, Human resources, Management, and Human Resource

Which of the following is NOT the determinant of entrepreneur's ownership?

► Cash

► Debt 

► None of the given options 

► Equity

Question No: 46    ( Marks: 1 )    - Please choose one 

When a company purchased another company or a part of it in such a way that the acquired company is completely or partially absorbed and no longer exists, it would be an example of:

► Merger

► Acquisition 

► Joint venture

► Hostile takeover

Which one of the following is not the intrapreneurial leadership characteristic?

► Understands environment 

► Encourage the team work 

► Not flexible 

► Persistent 

A set of reasons for engaging in a particular behavior, especially human behavior is

known as _____________.

Values

Vision

Entrepreneurship

Motivation

Which of the following cannot be used as basis of loan?

Worth of the business

Perishable item 

Fixed asset

All of the given options

Which one of the following reviews the trends and competitive strategies? 

► Environmental analysis

► Product forecast 

► Contingency plan 

► Industry analysis

Which of the following is another exit to the equity partnership arrangement?

► Minor partnership

► General partnership

► Royalty partnership

► Impartial partnership

All of the following options are advantages of the acquisition, EXCEPT:

► Goodwill

► Expansion potential

► Skilled human resource

► Marginal success record

A/an ______ is an online connection between the company and its customers.

► Internet advertising

► Website

► E-Commerce

► World Wide Web

Following are the types of foreign direct investment EXCEPT:

► Joint venture

► Management contracts

► Minority interest

► Merger

Barriers to new product creation and development are known as:

Trial and error

Opportunity parameters

Opportunity cost

Intrapreneurship culture

Question ( Marks: 03)

What type of loans is granted by the Banks to entrepreneurship on their creditworthy?

Question ( Marks: 03)

What changes an organization is suppose to bring to change into a big organization. Explain those changes?

Question ( Marks: 03)

Explain product planning and development stage.

Question ( Marks: 05)

How the interview should be conducted for the candidate from the entrepreneur?

Question ( Marks: 05)

Explain acquisition.

Question ( Marks: 05)

What are joint ventures?

Question ( Marks: 05)

What are Small Business Administration Loans? In what circumstances are they used by entrepreneurs?