Mgt602 Current Spring 2011 Final Term VU Paper [July 2011] Virtual University of Pakistan

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Mgt602 Current Spring 2011 Final Term VU Paper [July 2011] Virtual University of Pakistan

CQz were 56 (all mcqz were from past except 2 to 3 were new)

4 questions of 3 Marks
4 questions of 5 Marks

Question No. 57 of 3 Marks
What sort of market information is needed by entrepreneur in starting a venture?

Question No. 58 of 3 Marks
What different budgets should an entrepreneur prepare to develop pro froma income statement?

Question No. 59 of 3 Marks
How a retail store business is different from a catalog business regarding customer record keeping.

Question No. 60 of 3 Marks
A joint venture is good option in making alliance. What factors contribute in the success of joint venture?

Question No. 61 of 5 Marks
A contract is legally enforceable agreement between two or more parties as long as certain conditions are met. What are conditions of contract?

Question No. 62 of 5 Marks
Do you perceive that entrepreneurship thoughts have conflict with management with reference to decision making ability?

Question No. 63 of 5 Marks
When was Sindh Small Industries Corporation (SSIC) established? Discuss its objectives and functions.

Question No. 64 of 5 Marks
Joint venture is one of the oldest form of the alliance. Comment on this statement.