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MGT602 Entrepreneurship Online Quiz No 01 Spring 2020 Solution Discussion (MGT602 Solved MCQs 15-05-2020)

MGT602 Entrepreneurship Online Quiz No 01 Spring 2020 Solution Discussion (MGT602 Solved MCQs 15-05-2020)

MGT602 Entrepreneurship Quiz 1 Spring 2020 | 15-May-20 (Solved)


 

MGT602: Quiz 1 Question# 1:

Which of the following is the ability to use the imagination to develop new things?

  • Planning
  • Creativity-
  • Invention
  • Reliability

 

MGT602: Quiz 1 Question# 2:

The entrepreneur must possess the abilities of:

  • Creativity
  • Leadership
  • Understanding environment
  • All of the given options

 

MGT602: Quiz 1 Question# 3:

Due to entrepreneurial activity, value in the business becomes:

  • Less
  • Greater
  • Constant
  • None of the given option

 

MGT602: Quiz 1 Question# 4:

Entrepreneurship is the process of:

  • Destructive creation
  • Creative destruction
  • Destructive innovation
  • Creative imitation-

 

MGT602: Quiz 1 Question# 5:

An entrepreneur in fact offers ________ to its customers through a business offering:

  • Resources
  • Value
  • Materials
  • Services

 

MGT602: Quiz 1 Question# 6:

A small venture that supports the owners and usually does not grow is termed as:

  • Foundation company
  • Gazelle
  • Lifestyle firm
  • Base firm

 

MGT602: Quiz 1 Question# 7:

Which of the following is the fruitful source for identifying business opportunities?

  • Business associates
  • Technical people
  • Consumers
  • All of the given options

 

MGT602: Quiz 1 Question# 8:

Which of the following type of company is also call “Gazelles”?

  • Life Style Firm
  • Foundation Companies
  • High-Potential Venture
  • None of the given option

 

MGT602: Quiz 1 Question# 9:

Which of the following is an individual who creates something for the first time?

  • Entrepreneur
  • Inventor
  • Manager
  • Executive

 

Declaimer: Answers are based on Quiz attempted by students and their feedback, If found any mistake kindly inform us.


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MGT602 Quiz # 1 (Solved) - Spring 2020

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MY QUIZ

  1. A small venture that supports the owners and usually does not grow is termed as:

Answer: Lifestyle firm

  1. Which of the following firm achieves modest growth:

Answer: Foundation firm

  1. Which of the following type of company is also called "Gazelles"?

Answer: High potential Venture

  1. Which of the following is the ability to use the imagination to develop new things?

Answer:  Creativity

  1. Which of the following type of startup fir receives the highest investment? Answer: Not confirm
  2. Which one of the following describes the statement? “the time span available for creating the new venture”

           Answer:- Window of opportunity 

  1. An employed resource with the entrepreneurial tendency is also called as:

       Answer:- Not  Confirm

  1. Which of the following entity develop entrepreneurial infrastructure in order to help form new ventures?

Answer: Not Sure

  1. The entrepreneur must possess the abilities of:

Answer:   All of the given options

 

  1. All of the following is a part of business plan Except:

      Answer: Not Sure

  1. Which of the following is an individual who creates something for the first time?

      Answer:-   Inventor

  1. "An entrepreneur is one who brings resources, labor, materials and other assets into combinations that make their value greater than before" This view is of:

       Answer: An economist

  1. Which of the following is a true determinant of a foundation company?

       Answer: Not Sure

  1. Which of the following best describe the statement “New product development with significance technological changes”?

Answer: Technological Innovation

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