MGT602 1st Quiz Spring 2013 Due Date:09-05-2013

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Q.01 
10 Questions
10 Marks
Professional support network includes following EXCEPT:
Select correct option:
Personal affiliations
Mentor
Trade associations
Friends

 The person with capital was differentiated from the one who needed the capital in the:
 Select correct option:
Middle ages
17th century
18th century
20th century

Which of the following describes the statement "entrepreneurship within an existing organization"?
Select correct option:
Intrapreneurship
Entrepreneurship
High potential venture
Gazelles

The resources acquired from others(creditors, banks etc) are usually:
Select correct option:
Easily available
Difficult to obtain
Very useful
Very cheap

Which of the following type of merger have the combination of at least two firms doing similar businesses at the same market level?
Select correct option:
Vertical merger
Product extension merger
Horizontal merger
Diversified activity merger

Which one of the following is the moral support network for an entrepreneur?
Select correct option:
Trade associations
Professional affiliations
Teachers
Business associates


The entrepreneur must possess the abilities:
Select correct option:
Creative
Conceptualization
Understanding environment
All of the given options


Which of the following factors does not affect a person for being an entrepreneur?
Select correct option:
Work history
Nationality
Education
Personal values


There is evidence that an entrepreneur usually has _______________ parents.
Select correct option:
Self employed
Discouraged
Non supportive
Strict

According to which of the following an entrepreneur is one who brings resources, labor, materials and other assets into combinations that make their value greater than before?
Select correct option:
A scientist
An economist
A doctor
A cricketer
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