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MGT602 Entrepreneurship Quiz 3 Fall 2012

Question No 1 of 10 Total Marks: 1
Which one of the following is NOT an internal factor?
Select correct option:
New technology
Manufacturing
Marketing
Personnel

Question No 2 of 10 Total Marks: 1
Licensing is a significant marketing strategy to:
Select correct option:
Use intellectual property of others
Pirate others’ patents
Grow the business in new markets
Control the costs

Question No 3 of 10 Total Marks: 1
Which of the following is the method of developing a new idea by thinking about constraints?
Select correct option:
Matrix charting
Big diagram approach
Value analysis
Parameter analysis

Question No 4 of 10 Total Marks: 1
Which of the following is used by entrepreneurs to acquire experience in an international market before making a major commitment?
Select correct option:
Merger
Joint venture
Minority interest
Majority interest


Question No 5 of 10 Total Marks: 1
Which one the following is the uncontrollable factor in international trade?
Select correct option:
Economic
Cultural
Technological
All of the given options

Question No 6 of 10 Total Marks: 1
Which of the following can not be covered under the copyright protection?
Select correct option:
Computer software
Computer hardware
Poems and songs
Models and sculpture

Question No 7 of 10 Total Marks: 1
Which of the following is the particular characteristic of reverse brainstorming in comparison of brainstorming method?
Select correct option:
Quantity of ideas is required
Criticism is allowed
Individuals are unaware of problem
Thinking about constraints

Question No 8 of 10 Total Marks: 1
Developing a new idea through inquiry and testing is called:
Select correct option:
Heuristics
Forced relationship
Scientific method
Value analysis

Question No 9 of 10 Total Marks: 1
Which of the following is the objective of General Agreement on Tariffs and Trade (GATT)?
Select correct option:
Imposing the tariffs and imports quotas
Liberalizing trade by reducing quotas
Introduce more advance impost quotas
Eight rounds of tariff reduction

Question No 10 of 10 Total Marks: 1
A merger of children books publishing company with a toys manufacturing company is an example of:
Select correct option:
Vertical merger
Product extension merger
Horizontal merger
Diversified activity merger

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