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Thread: MGT602 Mid Term Paper Spring 2010

  1. #1
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    Post MGT602 Mid Term Paper Spring 2010

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    MGT602 Mid Term Paper
    Spring May 2010

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    Q1 What is Business Plan? Why it is necessory to write a Business Plan? (3
    Marks)

    Q2 What is the Rank of Entrepreneurship in European Countries? (5 Marks)

    Q3 What is Trade Mark? Describe its categories? (5 Marks)

  2. #2
    Senior Member viki's Avatar
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    hmmm that is not complete wait i will post it
    Last edited by viki; 05-29-2010 at 10:43 PM.
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    Question No: 1 ( Marks: 1 ) - Please choose one
    The level at which an individual is viewed by society is called:

    ► Financial status
    ► Qualification
    ► Social status
    ► Achievement

    Question No: 2 ( Marks: 1 ) - Please choose one
    Which one of the following is the next stage to the Concept Stage of Product Planning and Development Process?

    ► Idea Stage
    ► Product Planning Stage
    ► Product Development Stage
    ► Test Marketing Stage

    Question No: 3 ( Marks: 1 ) - Please choose one
    Which one of the following is NOT included in four C’s evaluation by lender?

    ► Character
    ► Cost
    ► Continuity
    ► Contribution

    Question No: 4 ( Marks: 1 ) - Please choose one
    Which of the following is NOT essential part of the contract?

    ► All the parties involved should be named
    ► Transaction should be described in detail
    ► Obtain signatures of the persons involved
    ► Place where contract takes place

    Question No: 5 ( Marks: 1 ) - Please choose one
    Which one of the following is the way by which an entrepreneur can enter into international business?

    ► Export
    ► Non equity arrangements
    ► Direct foreign investment
    ► All of the given options

    Question No: 6 ( Marks: 1 ) - Please choose one
    The entrepreneur was distinguished from capital provider in:

    ► Middle ages
    ► 18th century
    ► 17th century
    ► 19th and 20th century

    Question No: 7 ( Marks: 1 ) - Please choose one
    Andrew Carnegie is an example of entrepreneur of which century:

    ► Earliest period
    ► 19th and 20th century
    ► Middle ages
    ► 17th century

    Question No: 8 ( Marks: 1 ) - Please choose one
    Which of the following two work environments should be good for spawning the new enterprises?

    ► Finance and marketing
    ► Finance and R&D
    ► Marketing and R&D
    ► Marketing and IT

    Question No: 9 ( Marks: 1 ) - Please choose one
    Most of the finance for the new firm comes from following resources EXCEPT:

    ► Friends
    ► Foreign aid
    ► Relatives
    ► Personal savings

    Question No: 10 ( Marks: 1 ) - Please choose one
    What is the process by which individuals pursue opportunities without regard to resources they currently control?

    ► Startup management
    ► Entrepreneurship
    ► Financial analysis
    ► Feasibility planning

    Question No: 11 ( Marks: 1 ) - Please choose one
    Which one of the following is a firm that achieves modest growth?

    ► High potential growth firm
    ► Foundation firm
    ► Life style
    ► Public company

    Question No: 12 ( Marks: 1 ) - Please choose one
    Which of the following factors is the most important in forcing U.S companies to focus on new product development and increased productivity?

    ► Entrepreneurship
    ► Hyper competition
    ► Governmental laws
    ► Organizational culture

    Question No: 13 ( Marks: 1 ) - Please choose one
    Which of the following typical culture has a climate and reward system that favors conservative decision making?

    ► Entrepreneurial
    ► Intrapreneurial
    ► Corporate
    ► None of the given options

    Question No: 14 ( Marks: 1 ) - Please choose one
    What takes place during the product-evolution process?

    ► Innovation is developed and commercialized through entrepreneurial activity
    ► The product/service is evaluated and any scope of further development is charted
    ► The business branches into separate units of development and marketing
    ► The product/service is evaluated to identify its global marketability

    Question No: 15 ( Marks: 1 ) - Please choose one
    All the following qualities are requisites for an entrepreneur Except:


    ► Driven by perception of opportunity
    ► Learning from business failure
    ► Cognitive adaptability
    ► Effectuation

    Question No: 16 ( Marks: 1 ) - Please choose one
    Which one of the following factor does not differ in motivating male and female entrepreneurs?

    ► Independence
    ► Money
    ► Job satisfaction
    ► Opportunity

    Question No: 17 ( Marks: 1 ) - Please choose one
    Female entrepreneurs differ from male entrepreneurs in terms of all of the following EXCEPT:

    ► Motivation
    ► Business skills
    ► Departure point
    ► Goal orientation

    Question No: 18 ( Marks: 1 ) - Please choose one
    Which one of the following may need the business plan?

    ► Employees
    ► Investors
    ► Advisors
    ► All of the given options

    Question No: 19 ( Marks: 1 ) - Please choose one
    Which of the following refers to new products with some technological change?
    ► Ordinary innovation
    ► Technological innovation
    ► Breakthrough innovation
    ► Technical innovation

    Question No: 20 ( Marks: 1 ) - Please choose one
    Which of the following is/are known as barriers to new product creation and development?

    ► Trial and error
    ► Opportunity parameters
    ► Opportunity cost
    ► Intrapreneurial culture

    Question No: 21 ( Marks: 1 ) - Please choose one
    According to research, when do the female entrepreneurs tend to start their first significant venture?
    ► In their mid 20s
    ► In their mid 30s
    ► In their mid 40s
    ► In their mid 50s

    Question No: 22 ( Marks: 1 ) - Please choose one
    Which of the following statements describes “International entrepreneurship”?
    ► It is the process of an entrepreneur conducting business activities across national boundaries
    ► It is the process of an entrepreneur conducting business activities within the national boundaries
    ► It is an innovative corporate management style that encourages employees within an organization to create new product ideas
    ► It is a business structure in which an individual and his company are considered a single entity for tax and liability purposes

    Question No: 23 ( Marks: 1 ) - Please choose one
    Which of the following best describes the term “indirect exporting”?
    ► It refers to selling goods made in one country to another country
    ► It refers to buying and selling of commodities
    ► It refers to a commercial activity of buying and bringing in goods from a foreign country
    ► It refers to selling goods to another country through a person in the entrepreneur’s home country

    Question No: 24 ( Marks: 1 ) - Please choose one
    Identify the term which best describes the term “management contracts”?
    ► It refers to selling goods made in one country to another country
    ► It refers to buying and selling of commodities
    ► It is a commercial activity of buying and bringing in goods from a foreign country
    ► It is method of doing specific international task

    Question No: 25 ( Marks: 1 ) - Please choose one
    Which of the following best defines “minority interest”?
    ► It refers to having less than 50 percent ownership position
    ► It refers to forming a third company by combining two companies
    ► It refers to having more than 50 percent ownership position
    ► It refers to selling goods made in one country to another country

    Question No: 26 ( Marks: 1 ) - Please choose one
    In which of the following centuries the people of Malaysia peninsula were converted from Islam?
    ► 14th century
    ► 15th century
    ► 16th century
    ► 17th century

    Question No: 27 ( Marks: 1 ) - Please choose one
    Identify the statement which best defines “reverse brainstorming”.
    ► It refers to groups of individuals providing in a structured format
    ► It refers to a group method for obtaining new ideas focusing on the negative
    ► It refers to a method for individuals to solve problems through one of four mechanisms
    ► It refers to a method for developing new ideas when the individuals are unaware of the problem

    Question No: 28 ( Marks: 1 ) - Please choose one
    Identify the statement which best defines “checklist method”
    ► It refers to developing a new idea through a list of related issues
    ► It refers to a group method for obtaining new ideas focusing on the negative
    ► It refers to a method for individuals to solve problems through one of four mechanisms
    ► It refers to a method for developing new ideas when the individuals are unaware of the problem

    Question No: 29 ( Marks: 1 ) - Please choose one
    Which one of the following is a method for obtaining new ideas and solutions by focusing on problems?

    ► Problem inventory analysis
    ► Gordon method
    ► Checklist method
    ► Scientific method

    Question No: 30 ( Marks: 1 ) - Please choose one
    Which of the following statements best defines “forced relationship”?
    ► It refers to developing a new idea through a chain of word associations
    ► It refers to developing a new idea by looking at product combinations
    ► It refers to developing a new idea through inquiry and testing
    ► It refers to developing a new idea by evaluating the worth of aspects of ideas

    Question No: 31 ( Marks: 1 ) - Please choose one
    How many major stages of “product planning and development process” are there?
    ► Four
    ► Five
    ► Six
    ► Seven

    Question No: 32 ( Marks: 1 ) - Please choose one
    Which of the following denote no relationship between the mark and the goods or services?
    ► Coined marks
    ► Arbitrary marks
    ► Suggestive marks
    ► Descriptive marks

    Question No: 33 ( Marks: 1 ) - Please choose one
    A design patent has a term of:

    ► 20 years
    ► 14 years
    ► 10 years
    ► 40 years

    Question No: 34 ( Marks: 1 ) - Please choose one
    Lenders focus on four Cs of credit. Identify which of the following is NOT included in those four Cs.
    ► Character
    ► Cash flow
    ► Collateral
    ► Code of ethics

    Question No: 35 ( Marks: 3 )
    Briefly discuss licensing and its benefits.


    Question No: 36 ( Marks: 5 )
    What is a business plan and what purpose does it serve?


    Question No: 37 ( Marks: 5 )
    Discuss the role of “export management firm” in indirect exporting.
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  4. #4
    thnks.........

    its really great help for every1.........

  5. #5
    Senior Member viki's Avatar
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    Quote Originally Posted by saba View Post
    thnks.........

    its really great help for every1.........
    viki is here always for help na INSHALLAH
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  6. #6
    thnks viki bhai........... :P

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