MGT 602 Quiz #1 Solved

MGT-602 Solved Quiz # 1

Question # 1 of 15 ( Start time: 11:15:51 AM )  Total Marks: 1 

Government can help in forming new venture by providing: 

Select correct option: 

 Finance

 Technology

 Infrastructure

 Subsidiaries

Question # 2 of 15 ( Start time: 11:16:50 AM )  Total Marks: 1 

The entrepreneur was distinguished from capital provider in: 

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 18th century

 17th century

 19th and 20th century

 Middle ages

Question # 3 of 15 ( Start time: 11:17:09 AM )  Total Marks: 1 

Gazelles are the firms with: 

Select correct option: 

 High growth rate

 Moderate growth rate

 Zero% growth rate

 Low growth rate

Question # 4 of 15 ( Start time: 11:17:26 AM )  Total Marks: 1 

Which of the following is the mechanism for commercialization of an innovation and product development? 

Select correct option: 

 Intrapreneurship

 Marketing

 Stakeholders

 Finance

 

Question # 5 of 15 ( Start time: 11:17:43 AM )  Total Marks: 1 

Which one of the following is the fourth step in the entrepreneurial process? 

Select correct option: 

 Developing successful business ideas 

 Deciding to become an entrepreneur 

 Growing the entrepreneurial firm 

 Moving from an idea to an entrepreneurial firm 

Question # 6 of 15 ( Start time: 11:18:02 AM )  Total Marks: 1 

Factors contribute to the creation of new venture EXCEPT: 

Select correct option: 

 Government

 Finance

 High interest rates

 Role models

Question # 7 of 15 ( Start time: 11:18:18 AM )  Total Marks: 1 

Which one of the following term best describe a professional money manager who makes risk investments to obtain a high rate of return on the investment? 

Select correct option: 

 Entrepreneur

 Venture capitalist

 Corporate entrepreneur

 Eli Whitney

Question # 8 of 15 ( Start time: 11:18:40 AM )  Total Marks: 1 

An actor or a person who managed large production projects was termed as the entrepreneur in the _________. 

Select correct option: 

 Earliest period

 Middle ages

 17th century

 19th and 20th century

Question # 9 of 15 ( Start time: 11:18:56 AM )  Total Marks: 1 

Andrew Carnegie is an example of entrepreneur of which century: 

Select correct option: 

 Earliest period

 19th and 20th century

 Middle ages

 17th century

Question # 10 of 15 ( Start time: 11:20:15 AM )  Total Marks: 1 

Which of the following describes the statement "entrepreneurship within an existing organization"? 

Select correct option: 

 Intrapreneurship

 Entrepreneurship

 High potential venture

 Gazelles

Question # 11 of 15 ( Start time: 11:20:46 AM )  Total Marks: 1 

Which one of the following is the first step in the entrepreneurial process? 

Select correct option: 

 Developing successful business ideas 

 Deciding to become an entrepreneur 

 Growing the entrepreneurial firm 

 Moving from an idea to an entrepreneurial firm 

Question # 12 of 15 ( Start time: 11:21:07 AM )  Total Marks: 1 

___________ process of creating incremental wealth is called Entrepreneurship. 

Select correct option: 

 Dynamic

 Static

 Continuous

 Systematic

Question # 13 of 15 ( Start time: 11:21:23 AM )  Total Marks: 1 

Which two work environments should be good for spawning the new enterprises? 

Select correct option: 

 Finance and marketing

 Finance and R&D

 Marketing and R&D

 Marketing and IT

Question # 14 of 15 ( Start time: 11:21:40 AM )  Total Marks: 1 

The entrepreneur must possess the abilities: 

Select correct option: 

 Creative

 Conceptualization

 Understanding environment

 All of the given options

    

Question # 15 of 15 ( Start time: 11:21:55 AM )  Total Marks: 1 

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

Select correct option: 

 Business associates

 Technical people

 Consumers

 All of the given options