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2nd Quiz(MGT601)


*Please correct me, if you find any mistake.





To start a business, any thing like cash or asset that you have arranged by personal pool fund is called _______________.








In market feasibility, you can identify all of the following critical information EXCEPT:


Sales volume at different price levels

Reliability of performance

Analyze the receptivity of the product

Soundness of chosen market strategy



Which of the following is the indigenous product of Pakistan?





Dairy Product



A loan for a period of 15 years or more is said to be:


Short – Term Loan

Medium – Term Loan

Long – Term Loan

Unlimited Loan



How many labor laws that exist in Pakistan to control the labor issues?








Which of the following is true about today’s global economy?


Knowledge Based Economy

Industrial Based Economy

Economy of Socialism

Capital Economy



Which of the following countries are the main contributing countries of program “Technical Cooperation among Developing Countries (TCDC)”?


China, Sri Lanka, Singapore and Indonesia

China, Pakistan, India and Indonesia

Japan, Sri Lanka, India and Indonesia

Japan, Pakistan, Singapore and Indonesia



Which of the following activity is the most recommendable before starting a new SME venture to avoid the failure of venture?


Feasibility Study

Personal Visionary Approach

Market Survey

Competitive Analysis



What is meant by market myopia?


Overlooking of market

Lack of expansion of market

Inflexibility of market

Obstinacy of market



Following are the basic reasons behind low tax base in Pakistan EXCEPT?


High cost of book keeping

Harassment of tax authorities

Non cooperative role of CBR

High physiological cost



Following are the methods which can be used to find new ideas for a product EXCEPT:


Novel Use of Known Products


Watching Trends in Fashions

Market Myopia



Which of the following statement is important for an entrepreneur, provides information about the sources from which cash has been generated and how it has been spent during a specific period of time?


Income Statement

Balance Sheet

Cash Flow Statement

Owner’s Equity Statement



Which of the following can be expressed as PITAC?


Pakistan Industrial Technical Assistance Center

Pakistan Industrial Technological Aid Council

Pakistan Industrial Training Aid Commission

Pakistan Industrial Teaching Association Council



Which of the following fund is created by World Bank to support the energy policy developed by Pakistan back in 1995?


The Potential Enlargement Sector Development Fund (PESDF)

The Private Sector Energy Development Fund (PSEDF)

The Endowment Fund for Energy Development (PEFED)

The Power Sector Enlargement Expansion Fund (PSEEF)



What kind of management level training is required for SME a sector that is not provided by Pakistan institute of Management Sciences (PIMS)?


Top Level Management

Middle Level Management

Low Level Management

Corporate Level Management



In recent years, how much per worker productivity of Pakistani labour force has decreased as compared to China.








Following factors can be assessed by cash flow statement EXCEPT:


Company’s need of cash for procurements

Company’s need for external financing

Company’s ability to generate positive cash flows

Company’s ability to pay dividends(doubt)



Which of the following is an external source of information for new product idea?


Analysis of concepts in the light of existing problems

Search of memories to find information related to the concept

Newspapers, trade journals, professional journals

Recombining the elements found in new and useful ways



Which of the following is the expressed form of PCSIR?


Pakistan Centre of Systematic and Institutional Research

Pakistan Council for Scientific and Industrial Research

Pakistan Commission for Skill and Instructional Record

Pakistan Core Scientific Information Resources



Which of the following is NOT included in a statement named “Cash Flow” in an accounting period?

























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