MCQOPTIONS
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MCQOPTIONS
This section includes 3246 Mcqs, each offering curated multiple-choice questions to sharpen your Current Affairs knowledge and support exam preparation. Choose a topic below to get started.
| 701. |
Which one of the following would not be considered a disadvantage of a corporation? |
| A. | Limited continuality of life of enterprise |
| B. | Extensive government regulations of activities |
| C. | High incorporation fees |
| D. | Corporate capital, profits, dividends, and salaries are double taxed |
| Answer» B. Extensive government regulations of activities | |
| 702. |
______ is NOT a business plan concern of family and friend investors. |
| A. | Amounts and schedules for returns |
| B. | Funds use |
| C. | Competitive advantage |
| D. | Stability of firm |
| Answer» D. Stability of firm | |
| 703. |
EDP meant for developing |
| A. | Professional skill |
| B. | Entrepreneurial motive |
| C. | Personal qualities |
| D. | Entrepreneurial monitoring |
| Answer» C. Personal qualities | |
| 704. |
The initial stages of the entrepreneurial process are generating new business ideas (i.e. creativity and innovation) and recognizing opportunities that have the potential for exploitation (i.e. evaluation and selection). |
| A. | True |
| B. | False |
| C. | all |
| D. | none |
| Answer» B. False | |
| 705. |
SBA stands for: |
| A. | Small business accountants |
| B. | Small business administration |
| C. | Small business adequacy |
| D. | Small business advisors |
| Answer» C. Small business adequacy | |
| 706. |
Of the following, which one would not be considered an alternative to independent entrepreneurship? |
| A. | Franchise |
| B. | Spin-off |
| C. | Intrapreneurship |
| D. | Extrapreneurship |
| Answer» E. | |
| 707. |
Bobby believes that what takes place within his new company is mostly the result of fate or factors that are outside of his control. It could be stated that Bobby possesses a/an ______. |
| A. | innovative spirit |
| B. | intrapreneurship |
| C. | internal locus of control |
| D. | high need for achievement |
| Answer» B. intrapreneurship | |
| 708. |
Techno-economic analysis deals with identification of the |
| A. | Supply potential |
| B. | Demand potential |
| C. | Export potential |
| D. | Import potential |
| Answer» C. Export potential | |
| 709. |
Goods or services reach the market place through ________. |
| A. | marketing channels. |
| B. | multilevel pyramids. |
| C. | monopolies. |
| D. | multiplication. |
| Answer» D. multiplication. | |
| 710. |
Policy of reservation was primarily initiated in |
| A. | 1976 |
| B. | 1967 |
| C. | 1997 |
| D. | 1982 |
| Answer» C. 1997 | |
| 711. |
What are the main differences between marketing in a 'corporate setting' and an 'entrepreneurial' one? |
| A. | Lack of resources; lack of brand name; difficulties in making contacts. |
| B. | Greater emphasis on personal selling and personal networking. |
| C. | Faster decision making; more personal responsibility. |
| D. | Better profit margins; lower costs and greater flexibility. |
| Answer» B. Greater emphasis on personal selling and personal networking. | |
| 712. |
______ are three basic forms of franchising. |
| A. | Sole proprietorship, partnership, and corporation |
| B. | Product, service, and mix-format |
| C. | Trade name, product distribution, and business format |
| D. | Regional, local, and global |
| Answer» D. Regional, local, and global | |
| 713. |
The appropriate size for a business plan, where the type of business is well established is |
| A. | 25 pages. |
| B. | 10 pages. |
| C. | 10 pages. |
| D. | 40 pages. |
| Answer» D. 40 pages. | |
| 714. |
State Industrial corporations engage in the development of__________. |
| A. | industrial estates. |
| B. | institutional estates. |
| C. | individual investors. |
| D. | agricultural entrepreneurs |
| Answer» E. | |
| 715. |
______ refers to employees' beliefs about the promises between the employee and the firm. |
| A. | Open-book policy |
| B. | Autonomy |
| C. | Psychological contract |
| D. | Work facilitation |
| Answer» D. Work facilitation | |
| 716. |
Intrapreneurship often takes the form of ... |
| A. | a semi-autonomous group (e.g. an internal venture team), operating within the overarching structure of the parent organization. |
| B. | a spinout venture from a university to commercial a new invention. |
| C. | a subsidiary of a large corporation developing a new product. |
| D. | a semi-autonomous group operating outside the overarching structure of the parent organization. |
| Answer» B. a spinout venture from a university to commercial a new invention. | |
| 717. |
Establishing a shared vision amongst team members refers to: |
| A. | Members of the team starting out with an essentially similar set of ideas about what they want to create. |
| B. | Members of the team sharing moral principles and standards of behaviour. |
| C. | Members of the team sharing the factors driving them to take part in the venture. |
| D. | Members of the team sharing profits in an equitable manner. |
| Answer» D. Members of the team sharing profits in an equitable manner. | |
| 718. |
Project selection is |
| A. | Product idea is used as a basis for project idea |
| B. | Project idea is used as a basis for product idea |
| C. | Both are the same |
| D. | None of the above |
| Answer» B. Project idea is used as a basis for product idea | |
| 719. |
Which of the following is not a main element of the project management process? |
| A. | Estimation. |
| B. | Schedule. |
| C. | Monitor. |
| D. | Systems design. |
| Answer» E. | |
| 720. |
Which among the following aspects affects an entrepreneur's perception of feasibility? |
| A. | Locus of control |
| B. | Learning style |
| C. | Perceived desirability |
| D. | Self-efficacy |
| Answer» D. Self-efficacy | |
| 721. |
Competitor analysis begins with: |
| A. | Gathering samples of the competitors’ product(s). |
| B. | Discovering each competitors advertising budget. |
| C. | Documenting the current strategy of each primary competitor. |
| D. | Identifying which competitors are most successful. |
| Answer» D. Identifying which competitors are most successful. | |
| 722. |
What are the main sources of entrepreneurial opportunity? |
| A. | Personal - entrepreneurs experience or perceive something that others do not. |
| B. | Secondary research - from industry analyses. |
| C. | Primary research - from speaking to potential customers to determine their needs. |
| D. | Observation - of other peoples' experiences with products and services. |
| Answer» B. Secondary research - from industry analyses. | |
| 723. |
All these are characteristics of an entrepreneurial environment except: |
| A. | there is short term horizons. |
| B. | new ideas are encouraged. |
| C. | the organization operates on frontiers of technology. |
| D. | it uses a multidiscipline teamwork approach. |
| Answer» C. the organization operates on frontiers of technology. | |
| 724. |
Why is the notion of 'vision' important in entrepreneurship? |
| A. | Without it there is no driving force or sense of direction. |
| B. | People need a sense of fantasy in order to create ambitious ventures. |
| C. | Investors prefer to invest in visionaries. |
| D. | Having a vision helps to create a paradigm shift. |
| Answer» B. People need a sense of fantasy in order to create ambitious ventures. | |
| 725. |
Which of the following factors is the most important in forcing U.S companies to focuson new product development and increased productivity? |
| A. | Entrepreneurship |
| B. | Hyper competition |
| C. | Governmental laws |
| D. | Organizational culture |
| Answer» C. Governmental laws | |
| 726. |
______ is best described as doing something differently and has been described as discontinuous or complementary change. |
| A. | Entrepreneurship |
| B. | Innovation |
| C. | Spin-off |
| D. | Variance |
| Answer» C. Spin-off | |
| 727. |
A suggested guideline for training is |
| A. | Training should be provided at the initial stage of the employment only. |
| B. | Think of training as an investment. |
| C. | Employees should practice what they have learned on their own time. |
| D. | Have employees sign long-term contracts so they do not leave after receiving training. |
| Answer» C. Employees should practice what they have learned on their own time. | |
| 728. |
Monitoring ___________ during the implementation of the marketing plan allows the entrepreneur to establish controls on the process. |
| A. | sales data |
| B. | research data |
| C. | consumer data |
| D. | none of the above |
| Answer» B. research data | |
| 729. |
All of the following are signals of potential decline in organizational performance EXCEPT: |
| A. | Poor communication within the organization |
| B. | Intolerance of work incompetence |
| C. | Fear of conflict and taking risks |
| D. | Negative cash flow |
| Answer» E. | |
| 730. |
One study found that entrepreneurs tend to demonstrate all of the following traits except: |
| A. | opinionated |
| B. | emotionally aloof |
| C. | calm |
| D. | focused |
| Answer» B. emotionally aloof | |
| 731. |
The level at which an individual is viewed by society is called: |
| A. | Financial status |
| B. | Qualification |
| C. | Social status |
| D. | Achievement |
| Answer» D. Achievement | |
| 732. |
The first step in the small business development process is: |
| A. | Planning |
| B. | Organizing |
| C. | Controlling |
| D. | Retaining |
| Answer» B. Organizing | |
| 733. |
______ is NOT an idea that good marketing strategy focuses on. |
| A. | Harvesting the business plan |
| B. | Overall strategy your firm pursues in the market |
| C. | The sales plan |
| D. | The longer-term competitive plan |
| Answer» B. Overall strategy your firm pursues in the market | |
| 734. |
All of the following are questions an opportunity assessment plan might answer except: |
| A. | How much capital do I need? |
| B. | What market need does it fill? |
| C. | What business skills do I have? |
| D. | Can a patent be obtained? |
| Answer» B. What market need does it fill? | |
| 735. |
The critical path chart is a living document that should be _________ during the process of actually accomplishing the tasks. |
| A. | Stopped |
| B. | Started |
| C. | Modified |
| D. | Evaluated |
| Answer» D. Evaluated | |
| 736. |
The firm's goals and competitive advantages can be described by |
| A. | Mission statement. |
| B. | Vision statement. |
| C. | Executive summary. |
| D. | Elevator pitch. |
| Answer» B. Vision statement. | |
| 737. |
A/An ________ is defined as the blueprint describing the business strategy for entering the |
| A. | business alliance |
| B. | spin-off |
| C. | intrapreneurship |
| D. | competitor analysis |
| Answer» D. competitor analysis | |
| 738. |
Which of the following was NOT one of the classifications of entrepreneurs presented inour text? |
| A. | Franchise entrepreneur |
| B. | Classic entrepreneur |
| C. | Multipreneur |
| D. | Intrapreneur |
| Answer» B. Classic entrepreneur | |
| 739. |
Which among the following is not an user of B2C e-commerce ? |
| A. | manufacturer |
| B. | distributors |
| C. | Publishers |
| D. | none |
| Answer» E. | |
| 740. |
Monster.com is an example of website |
| A. | C2C |
| B. | B2E |
| C. | B2B |
| D. | B2C |
| Answer» B. B2E | |
| 741. |
is the exchange of goods or items or commodities and services or applicationsused for money and deals the money matters |
| A. | E-commerce |
| B. | Commerce |
| C. | Both of these |
| D. | none |
| Answer» C. Both of these | |
| 742. |
encrypts payment card transaction data and verifies that both parties in thetransaction are genuine. |
| A. | SSL |
| B. | SET |
| C. | both of these |
| D. | none of these |
| Answer» C. both of these | |
| 743. |
Among the alternate models of B2B e-commerce,……is the best means to obtain acompetitive advantage in the Market place. |
| A. | Process based |
| B. | strategic relationship based |
| C. | transaction based |
| D. | any of these |
| Answer» C. transaction based | |
| 744. |
Which among the following is an example of C2C ? |
| A. | e-Bay |
| B. | Amazon.com |
| C. | Rentalic.com |
| D. | all of these |
| Answer» E. | |
| 745. |
facility helps the customer to pay only a small amount of the total outstandingand revolve the rest of the payment to the next month. |
| A. | Cash advance |
| B. | Revolver |
| C. | Tele draft |
| D. | None of these |
| Answer» C. Tele draft | |
| 746. |
is the reverse process of encryption, to make the information readable onceagain |
| A. | Spoofing |
| B. | Decryption |
| C. | Sniffing |
| D. | Cryptography |
| Answer» C. Sniffing | |
| 747. |
is basically a TV commercial that runs in the browser window. |
| A. | Banner ad |
| B. | floating ads |
| C. | interstitials |
| D. | Unicast ads |
| Answer» E. | |
| 748. |
Which of the following is not a party of SCM ? |
| A. | Supplier |
| B. | Manufacturers |
| C. | Distributors |
| D. | Customers |
| Answer» D. Customers | |
| 749. |
is a systems approach to Managing the entire flow of information, materials, andservices from raw material suppliers through factories and warehouses to the end customer. |
| A. | CRM |
| B. | SRM |
| C. | EDI |
| D. | SCM |
| Answer» E. | |
| 750. |
focus on producing a highly integrated value proposition through a managed process. |
| A. | hub |
| B. | community |
| C. | contents |
| D. | none of these |
| Answer» B. community | |