MGT-602 – Business enterprise

MGT-602 – Business enterprise
Business enterprise (MGT-602)

Test #1

Time:1hr

1. NAFTA stands for:

• North American Free Trade Agreements

• North Asian Free Trade Agreements

• National Asian Free Trade Agreements

• National American Free Trade Agreements

2. The factor______________ is presumably the most common purpose behind merge$

• Taxation

• Economies of scale

• Inflation

• Mergers

3. A _____________ merger is a blend of two firms delivering the same items however offering them in various geographic markets.

• Diversified Activity Merger

• Product Extension Merger

• Vertical Merger

• Market Extension Merger

4. A standout amongst the most continuous reasons a business person frames a joint endeavor is to share the ________________.

• Resources

• Cost

• Cost and danger of a venture

• Profit

5. _______________ includes having an outside buyer in the nearby market or utilizing a fare administration firm.

• Direct Exporting

• Indirect Exporting

• Management Contracts

• Turn-Key Projects

6. The ______________measures the installments that stream between any individual nation and every other countrie.

• International Business

• Economies of Scales

• Balance of Payment

• None of the given alternatives

7. ________________ is an entrepreneurial sort who rapidly recognizes new encouraging business opportunities however infrequently, if at any time, completes on the
chance to make an effective new pursuit.

• Simplicity Sue

• Shotgun Sam

• Hidden Agenda Harry

• Inventor Irving

8. One study found that the average minority entrepreneur was the

• Oldest kid in a hands on family and wedded.

• Oldest kid in a cushy family and wedded.

• Youngest kid in a hands on family and wedded.

• Youngest kid in a cushy family and wedded.

9. Conventional directors are:

• Deals with errors and disappointments

• Tries to stay away from mix-ups and amazes

• Attempts to conceal dangerous undertakings from perspective until prepared

• None of the given Options

10. Business people are:

• Moderate daring person

• High daring person

• Risk avoider

• Both b and c

11. Hazard choices are frequently put off until

• Hard realities can be accumulated or a specialist contracted to light up the obscure.

• Hard realities can be accumulated or an inspector contracted to light up the obscure.

• There is no compelling reason to accumulate realities and enlisted an expert/examiner

• None of the given alternatives

12. _________________ is one strategy for empowering, and afterward benefiting from, people in an association who imagine that something should be possible diversely
and better.

• Strategic Orientation

• Capitalization

• Intrapreneurship

• Management

13. The run of the mill _________________ has an atmosphere and prize framework that support preservationist choice making.

• Entrepreneurship society

• Corporate society

• Intrapreneurial society

• None of the given alternatives

14. Female business people regularly begin their endeavor at the period of _____________ yea$

• 35-45

• 25-30

• 20-25

• 40-45

15. Male business visionaries ordinarily begin their endeavor at the age of____________ yea$

• 20-25

• 25-35

• 40-50

• After the period of retirement.

16. The ________________ is the procedure through which advancement creates and markets through entrepreneurial action, which thus animates monetary development.

• Product-development process

• Technological advancements

• Breakthrough advancements

• None of the given choices

17. A____________________ is a kind of organization framed from innovative work that more often than not does not open up to the world.

• Foundation

• Life-Style Firm

• High-Potential Venture

• Both b and c

18. _________________ include such things as composing, tuning in, oral presentations, training and specialized skill.

• Business Management aptitudes

• Personal entrepreneurial aptitudes

• Technical aptitudes

• None of the given choices

19. The ___________________ intends to do things in his or her own particular manner and time.

• Need for freedom

• Need for accomplishment

• Personal values

• Ethics

20. ________________ is a reason or set of purposes behind participating in a specific conduct, particularly human conduct.

• Moral esteem

• Act

• Motivation

• None of the choices

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