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

[+ M.Tariq Malik]

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)

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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.

[+ M.Tariq Malik]

Please all students related this subject Share your online Quizzes here to help each other.thanks

 

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Thanks.

[+ M.Tariq Malik]

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

2. Which of the following firm achieves modest growth:

Answer: Foundation firm

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

Answer: High potential Venture

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

Answer:  Creativity

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

           Answer:- Window of opportunity 

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

       Answer:- Not  Confirm

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

Answer: Not Sure

9. The entrepreneur must possess the abilities of:

Answer:   All of the given options

 

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

      Answer: Not Sure

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

      Answer:-   Inventor

12. "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

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

       Answer: Not Sure

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

Answer: Technological Innovation