Mgt602 solution
Thursday, May 06, 2010 Posted In MGT Edit ThisSelect correct option:
Economic forces
Socioeconomic forces
Technological forces
Competitive forces
Degree of influence and control on other people is called:
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Locus of control
Locomotion of control
Locust of control
Loss of control
External forces directly affect all of the following EXCEPT:
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Market segmentation strategies
Types of products/services offered
Management structure of organization
Choice of businesses to acquire or sell
A typical inventor is usually ______________________.
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Highly creative & in love with the invention
Does not encourage change
Willing to modify the invention in order to augment commercial benefit
None of the given options
is evidence that an entrepreneur usually has _____________ parents.
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Self employed
Discouraged
Non supportive
Strict
Moral support network includes following EXCEPT:
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Spouses
Friends
Business associates
Relatives
entrepreneur doing business within the national border is called:
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International entrepreneurship
Intrapreneurship
Domestic entrepreneurship
Imports
entrepreneur’s_____________ depends on his perception of the opportunity.
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Commitment to opportunity
Commitment of resources
Control of resources
Strategic orientation
An individual’s need to be recognized is called:
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Need for independence
Need for affiliation
Need of fame
Need for achievement
Andrew Carnegie is an example of entrepreneur of which century:
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Earliest period
19th and 20th century
Middle ages
17th century
Which one of the following is the fourth step in the entrepreneurial process?
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Developing successful business ideas
Deciding to become an entrepreneur
Growing the entrepreneurial firm
Moving from an idea to an entrepreneurial firm
According to McClelland’s need theory, entrepreneurs possess which of the following needs?
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Need for achievement
Need for power
Need for affiliation
Need for esteem
The chief motivational factor for _______________ entrepreneurs to leave jobs is the frustration of not being allowed to perform at the level of which they are capable.
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Male
Female
Young
All of the given options
Which one of the following makes formation of new ventures within a corporate structure difficult?
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Lack of intrapreneurial talent
Lack of freedom to make autonomous decisions
Lack of market opportunity
Lack of knowledge
Selling goods to another country through a person in the entrepreneur’s home country is known as:
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Trading
Direct export
Indirect export
Domestic sales
.....
Selling goods to another country through a system in the entrepreneur’s home country
Which one of the following best represents the environment of an entrepreneurial oriented organization?
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Corporate culture
Entrepreneurial culture
Intrapreneurial culture
Traditional culture
Which one of the following is a barriers to new product creation and development?
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Trial and error
Opportunity parameter
Opportunity cost
Intrapreneurship culture
External forces directly affect all of the following EXCEPT:
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Market segmentation strategies
Types of products/services offered
Management structure of organization
Choice of businesses to acquire or sell
The decision to start a new business is taken when one perceives that forming a new business is:
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Possible
Desirable
Accurate
Both a and b
The chief motivational factor for _______________ entrepreneurs to leave jobs is the frustration of not being allowed to perform at the level of which they are capable.
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Male
Female
Young
Which one of the following is the first step in the entrepreneurial process?
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Developing successful business ideas
Deciding to become an entrepreneur
Growing the entrepreneurial firm
Moving from an idea to an entrepreneurial firm
Being one’s own boss is a need of:
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Independence
Achievement
Affiliation
Authority
An entrepreneur into the hosiery business found out the reason his hosiery was not selling was due to its color. What could be the best source of this information?
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Supplier
Retailer
Competition
Government bureau
Which of the following factors has allowed small companies to act like they are big ones?
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Competition
Economic development
Technology
Customers
Which of the following receives highest investment?
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High potential venture
Foundation firm
Life style
Public company
In stage of responsibility allocation process the entrepreneur follows:
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Highly centralized decision making process
Highly decentralized decision making process
Somewhat centralized decision making process
No particular standard
The entrepreneur’s_____________ depends on his perception of the opportunity.
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Commitment to opportunity
Commitment of resources
Control of resources
Strategic orientation
Which of the following is NOT a characteristic of an entrepreneur?
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Need for independence
Need for affiliation
Need for achievement
Risk taking
An entrepreneur doing business within the national border is called:
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International entrepreneurship
Intrapreneurship
Domestic entrepreneurship
Imports
The entrepreneur must possess the abilities:
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Creative
Conceptualization
Understanding environment
All of the given options
.......
Following are the types of non equity arrangements EXCEPT:
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Licensing
Management contracts
Direct export
Turnkey projects
Which one of the following is a firm that achieves modest growth?
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High potential growth firm
Foundation firm
Life style
Public company
The entrepreneur’s_____________ depends on his perception of the opportunity.
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Commitment to opportunity
Commitment of resources
Control of resources
Strategic orientation
Which one of the following best represents the environment of
an entrepreneurial oriented organization?
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Corporate culture
Entrepreneurial culture
Intrapreneurial culture
Traditional culture
_________ is required if a company wants to be more flexible in adopting changes.
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Management commitment
Contact with customers
Technology (mujhey ye lagta hai)
More productivity
Which two work environments should be good for spawning the new enterprises?
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Finance and marketing
Finance and R&D
Marketing and R&D
Marketing and IT
The entrepreneur must possess the abilities:
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Creative
Conceptualization
Understanding environment
All of the given options
Which of the following statements about the intrepreneurial climate is (are) true?
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Trial and error are discouraged.
Resources of the firm need to be available and easily accessible
A multidisciplinary approach is discouraged.
Failures are not allowed
Which of the following is alternatively called corporate venturing?
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Entrepreneurship
Intrapreneurship
Act of stating a new venture
Offering new products by an existing company
An entrepreneur is a person who is a:
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Risk taker
Initiator
Actor
All of the given options
Gazelles are the firms with:
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High growth rate
Moderate growth rate
Zero% growth rate
Low growth rate
Following are the important aspects of international success EXCEPT:
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Planning
Diversification
Reporting
Control
A typical inventor is usually ______________________.
Select correct option:
Highly creative & in love with the invention
Does not encourage change
Willing to modify the invention in order to augment commercial benefit
None of the given options
A typical inventor is usually ______________________.
Select correct option:
Highly creative & in love with the invention
Does not encourage change
Willing to modify the invention in order to augment commercial benefit
None of the given options
The chief motivational factor for _______________ entrepreneurs to leave jobs is the frustration of not being allowed to perform at the level of which they are capable.
Select correct option:
Male
Female
Young
All of the given options
All of the following are the broad categories of External forces EXCEPT:
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Economic forces
Socioeconomic forces
Technological forces
Competitive forces
...........
An entrepreneur doing business within the national border is called:
Select correct option:
International entrepreneurship
Intrapreneurship
Domestic entrepreneurship
Imports
Selling goods to another country by taking care of transactions is called:
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Indirect exporting
Direct exporting
Importing
Management contract
The difference between the value of a country’s imports and exports over time is called:
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Deficit exports
Deficit imports
Balance of payment
Balance of debt
Which one of the Following is the way by which an entrepreneur can enter into international business?
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Export
Non equity arrangements
Direct foreign investment
All of the given options
In some countries, point of purchase displays are not allowed in retail stores. Such differences are studied by international entrepreneurs under ________ environment.
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Economic
Political
Cultural
Technological
The chief motivational factor for _______________ entrepreneurs to leave jobs is the frustration of not being allowed to perform at the level of which they are capable.
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Male
Female
Young
All of the given options
Gazelles are the firms with:
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High growth rate
Moderate growth rate
Zero% growth rate
Zero% growth rate
When the multiplicity of environments become too complex to handle, the international entrepreneurs often ________.
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Go for mergers
Diversify
Decentralize operations
Sale out the foreign business
The activity which occurs when the new venture is started are called:
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Motivation
Business skills
Departure point
Goal orientation
Which one of the following is the process of entrepreneurs developing new products that over time make current products obsolete?
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Creative destruction
New business model
Anatomization
None of the given options
The entrepreneur’s_____________ depends on his perception of the opportunity.
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Commitment to opportunity
Commitment of resources
Control of resources
Strategic orientation
The entrepreneur utilizes the resources through:
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Identifying and evaluating the opportunity
Developing a business plan
Implementing the business plan
Manage the enterprise
Which of the following areas are preferred by women entrepreneurs?
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Administration
Utilities
Manufacturing
None of the above
An individual’s need to be recognized is called:
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Need for independence
Need for affiliation
Need of fame
Need for achievement
Which one of the following is NOT an intrapreneurial leadership characteristic?
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Understands environment
Encourage the team work
Not flexible
Persistent
....
Quiz Start Time: 10:00 AM Time Left 40
sec(s)
Question # 1 of 15 ( Start time: 10:00:33 AM ) Total Marks: 1
Gazelles are the firms with:
Select correct option:
High growth rate
Moderate growth rate
Zero% growth rate
Zero% growth rate
Question # 2 of 15 ( Start time: 10:01:51 AM ) Total Marks: 1
An entrepreneur is a person who is a:
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Risk taker
Initiator
Actor
All of the given options
Question # 3 of 15 ( Start time: 10:03:03 AM ) Total Marks: 1
Which two work environments should be good for spawning the new enterprises?
Select correct option:
Finance and marketing
Finance and R&D
Marketing and R&D
Marketing and IT
There is evidence that an entrepreneur usually has _______________ parents.
Select correct option:
Self employed
Discouraged
Non supportive
Strict
Question # 5 of 15 ( Start time: 10:05:41 AM ) Total Marks: 1
Individuals influencing an entrepreneur’s career choice and style are known as:
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Role model
Moral-support network
Professional support network
Support system
Quiz Start Time: 10:00 AM Time Left 86
sec(s)
Question # 6 of 15 ( Start time: 10:07:05 AM ) Total Marks: 1
It is proved that most businesses failed because of improper planning of an/a:
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Investor
Marketer
Entrepreneur
Consultant
Question # 7 of 15 ( Start time: 10:08:08 AM ) Total Marks: 1
The commitment of administrative domain to the resources is for:
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Periodic intervals
Total amount needed
For certain tasks
For long time
Question # 8 of 15 ( Start time: 10:09:05 AM ) Total Marks: 1
A typical inventor is usually ________________________.
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Highly creative & in love with the invention
Does not encourage change
Willing to modify the invention in order to augment commercial benefit
None of the given options
Question # 9 of 15 ( Start time: 10:10:27 AM ) Total Marks: 1
Moral support network includes following EXCEPT:
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Spouses
Friends
Business associates
Relatives
Question # 10 of 15 ( Start time: 10:11:53 AM ) Total Marks: 1
Which one of the following is required to develop a good team for creating something new?
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Relationship with team members
Open discussion
Non flexible behavior
Discouragement of team member’s ideas
Question # 11 of 15 ( Start time: 10:13:13 AM ) Total Marks: 1
Generally, male entrepreneurs start their first venture in the age of:
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Late 20s
Early 30s
Late 30s
Early 40s
Professional support network includes following EXCEPT:
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Personal affiliations
Mentor
Trade associations
Friends
Question # 14 of 15 ( Start time: 10:16:49 AM ) Total Marks: 1
The former USSR received technology and syrup from Pepsi and provided it with Soviet vodka and rights to distribute it in the US. This is an example of:
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Economic development
Barter system
Balance of payment
International trade
Which one of the following is a barriers to new product creation and development?
Select correct option:
Trial and error
Opportunity parameter
Opportunity cost
Intrapreneurship culture