Dear fellows paper was too much easy.
Total question =69
MCQS = 62
Short ans =3
Long ans = 4
These are those quizzes which are from the past but the rest
were also too much easy .. if it was not like HALWA then I say
it was not less than HALWA…
FINALTERM EXAMINATION
Spring 2011
MGT602- Entrepreneurship (Session - 3)
BY ABDUL RAHIM
13/2/2011
Question No: 1 ( Marks: 1 ) - Please choose one
Bankers say that most businesses fail because of the _____ inability to plan
properly.
► Investor’s
► Marketer’s
► Entrepreneur’s
► Consultant’s
Question No: 2 ( Marks: 1 ) - Please choose one
Which of the following plan has names, addresses, and resumes of the
directors and
officers of the corporation?
► Operations
► Marketing
► Production
► Organizational
Question No: 3 ( Marks: 1 ) - Please choose one
When the business does not have assets to support a loan, the entrepreneur
may go for
which one of the following options?
► Character loan
► Straight commercial loan
► Installment loan
► Long term loan
Question No: 4 ( Marks: 1 ) - Please choose one
Which of the following is the oldest development financing institution?
► Regional Development Finance Corporation
► Industrial Development Bank of Pakistan
► Small Business Finance Corporation
► Khushhali Bank
Question No: 5 ( Marks: 1 ) - Please choose one
In the U.S. joint ventures were first formed for large-scale projects in which
of the
following options?
► 1700s
► 1800s
► 1900s
► 1600s
Question No: 6 ( Marks: 1 ) - Please choose one
Which one of the following private investors is NOT a final source of funds
for the
entrepreneurs?
► Friends
► Barbers
► Financial planers
► Technical experts
Question No: 7 ( Marks: 1 ) - Please choose one
__________ may also be considered if there are no other effective options
for hiring new
talents.
► Retired personnel
► Personnel agencies
► References
► Networking
Question No: 8 ( Marks: 1 ) - Please choose one
Which of the following item is NOT deducted to the salaries?
► Income Tex
► Insurance
► Sales Tex
► Provident fund
Question No: 9 ( Marks: 1 ) - Please choose one
Which of the following can only be helpful to introduce the company?
► Web trading
► Price reduction
► Free publicity
► Personal selling
Question No; 10
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: 11 ( Marks: 1 ) - Please choose one
In some countries, point of purchase displays are not allowed in retail stores.
Such differences are studied by international entrepreneurs under
__________.
Political Environment
Cultural Environment
Technological Environment
Economic Environment
Question No: 11 ( Marks: 1 ) - Please choose one
Which one of the following reviews the trends and competitive strategies?
Environmental analysis
Product forecast
Contingency plan
Industry analysis
Question No: 12 ( Marks: 1 ) - Please choose one
The goals of venture should have all of the following characteristics to be
successful, EXCEPT:
Measurable
Specific
Properly monitored
Independent of time
Question No: 13 ( Marks: 1 ) - Please choose one
The marketing plan section of the business plan should focus on strategies
for
how many years of the venture?
2
3
4
5
Question No: 14 ( Marks: 1 ) - Please choose one
In which of the following entity capital rising entirely depends on the
entrepreneur?
Corporation
Sole Proprietorship
Partnership
All of the above
Question No: 15 ( Marks: 1 ) - Please choose one
In the preparation of the pro forma income statement, the entrepreneur must
have to develop first:
A production budget
A sales budget
An operating budget
A capital budget
Question No: 16 ( Marks: 1 ) - Please choose one
Which of the following statement provides projections of all operating
expenses
for each month of the first year?
The pro forma balance sheet
The pro forma income statement
The pro forma cash flow statement
The actual balance sheet
Question No: 17 ( Marks: 1 ) - Please choose one
The overall coordinating party in an agreement is:
Limited partner
Major partner
Minor partner
General partner
Question No: 18 ( Marks: 1 ) - Please choose one
What are the number of questions a marketing plan usually
answers?
5
2
3
4
Question No: 19 ( Marks: 1 ) - Please choose one
Which of the following is one of the new forms of business?
Corporation
Proprietorship
Limited liability company
Partnership
Question No: 20 ( Marks: 1 ) - Please choose one
Decision on, who should be involved in marketing decisions is part of
which of the following?
Structure
Operational planning
Strategic planning
Environmental analysis
Question No: 21 ( Marks: 1 ) - Please choose one
In which of the following techniques, money is given to a firm for
developing a
technology and involves a tax shelter?
► Small business administration loans
► Cash flow financing
► Small business innovation research grant
► Research and development limited partnership
Question No: 22 ( Marks: 1 ) - Please choose one
Which of the following is a formalized method for obtaining funds from
private
investors?
► Private placement
► Private offering
► Regulation D
► Bootstrap financing
Question No: 23 ( Marks: 1 ) - Please choose one
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
Question No: 24 ( Marks: 1 ) - Please choose one
__________ is a highly important consideration in the acquisition decision
process.
► Price
► Synergy
► Goodwill
► Structuring the deal
Question No: 25 ( Marks: 1 ) - Please choose one
A/an ______ is an online connection between the company and its
customers.
► Internet advertising
► Website
► E-Commerce
► World Wide Web
Question No: 26 ( Marks: 1 ) - Please choose one
In which of the following Common stock is permitted?
► C Corporation
► S Corporation
► Limited Partnership
► Sole Proprietor
Question No: 27 ( Marks: 1 ) - Please choose one
Which budget is intended to provide base for evaluating expenditures that
will
impact the business for more than one year?
► Sales budget
► Capital budget
► Production budget
► Operating budget
Question No: 28 ( Marks: 1 ) - Please choose one
A company dealing in beer has a merger with cigarettes manufacturing firm.
This
merger is called:
► Horizontal merger
► Product extension merger
► Market extension merger
► Vertical merger
Question No: 29 ( Marks: 1 ) - Please choose one
Which of the following helps to prevent lack of cash?
► Financial plan
► Cash flow
► Business plan
► Personal plan
Question No: 30 ( Marks: 1 ) - Please choose one
Having less than 50 percent of equity share in an international venture is
called:
► Minority interest
► Joint venture
► Majority interest
► Exporting
Question No: 31 ( Marks: 1 ) - Please choose one
Which of the following is a method of selling goods to another country
through a person
in the entrepreneur’s home country?
► Trading
► Direct export
► Indirect export
Question No: 32 ( Marks: 1 ) - Please choose one
Who elect the directors in corporation?
► Low level Managers
► Entrepreneur
► Shareholders
► Middle Level Managers
Question No: 33 ( Marks: 1 ) - Please choose one
In business usually the account receivables have which of the following
nature?
► Single
► Dual
► Triple
► Inert
Question No: 34 ( Marks: 1 ) - Please choose one
How many industrial estates does Punjab Small Industries Corporation have
developed in
various areas of the Punjab?
► 8
► 14
► 18
► 24
Question No: 35 ( Marks: 1 ) - Please choose one
How many agencies control the Small Business Innovation Research (SBIR)
grant
program?
► 10 Agencies
► 11 Agencies
► 12 Agencies
► 13 Agencies
Question No: 36 ( Marks: 1 ) - Please choose one
Which is the most common cause of business failure?
► Insufficient capital
► Unstable market
► Insufficient experience
► Poor entrepreneurship
Question No: 37 ( Marks: 1 ) - Please choose one
The ratio helps to measure the liquidity of accounts receivable or the ability
of the
venture to collect from its customers is known as:
► Inventory turnover
► Return on investment
► Average collection period
► None of the given options
Question No: 38 ( Marks: 1 ) - Please choose one
Which one of the following is a longest lasting trade agreement with the
objective of
liberalizing trade by eliminating or reducing tariffs, subsidies and quotas?
► Free trade area – FTA
► European community – EC
► General agreement on tariffs and trade – GATT
► The North American free trade agreement – NAFTA
Question No: 39 ( Marks: 1 ) - Please choose one
Which of the following type of business is very easy to form in the Pakistan?
► SME
► Synergy
► Consortium
► Corporation
Question No: 40 ( 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
THESE ARE ALL PAST QUIZES WHICH WERE IN MY
PAPER. REST WERE ALSO VERY EASY.. .
Q1. What kind of risks an entrepreneur facing while taking funds from
relatives and friends? How he can safe himself from those risks.. Marks.3
Q.2. what is the turnover ration mean? How it is measured? Marks.3
Q.3. what are the financial institutions which provides funds for the
development of industries in Pakistan? Marks. 3
Q.4. While assessing the opportunity for creating a new product what
aspects should be considered? Marks 5
Q.5. What kinds of parties are considered as ‘accredited investors’? Marks.5
Q.6. How does the entrepreneur use the Earning Valuation method during
the acquisition?. Marks 5
Q.7. Suppose you are starting a new venture. What ways you have to get
capital, considering the different forms of business. Marks.5

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