An ice cream producing company merges with a cotton spinning company this merger is an example of:
Select correct option:
- Diversified activity merger
- Product extension merger
- Market extension merger
- Vertical merger
Which one of the following is NOT the problem in developing the economies of different under developed countries ?
Select correct option:
- Gap of knowledge
- Variable rate of return
- Same communication style
- Different accounting system
Which of the following type of merger have the combination of at least two firms doing similar businesses at the same market level?
Select correct option:
- Vertical merger
- Product extension merger
- Horizontal merger
- Diversified activity merger
Which of the following source of fund mostly female entrepreneurs are utilized for starting their new businesses?
Select correct option:
- Secondary resources
- Primary resources
- Investors
- Bank loans
Selling goods to another country through a person in the entrepreneur’s home country is known as:
Select correct option:
- Trading
- Direct export
- Indirect export
- Domestic sales
Which of the following is the method for individuals to solve problems through one of four mechanisms: personal, direct, symbolic and fantasy?
Select correct option:
- Gordon method
- Synetics
- Heuristics
- Scientific method
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
Which of the following contains large number of new ideas?
Select correct option:
- Files of Patent office
- Official Gazette
- Government patent Board
- All of the given option
Entrepreneurial success has been significant because of the culture and the political and economic systems in _________.
Select correct option:
- European countries
- Asian countries
- Transition economies
- Middle East
In which of the following support network; individuals give psychological support to an entrepreneur?
Select correct option:
- Moral support network
- Technical support network
- Political support network
- Economical support network
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
A company sells its product to a “foreign sales office” that is located in its domestic market, this is an example of:
Select correct option:
- Indirect exporting
- Direct exporting
- Bartering
- Joint Venture
Moral support network includes following EXCEPT:
Select correct option:
- Spouses
- Friends
- Business associates
- Relatives
The evaluation criteria for the new product should include all of the following, EXCEPT:
Select correct option:
- Determination of market demand
- Determination of the suppliers
- Pricing and marketing policies of other competing firms
- Product should be profitable
Selling goods to another country by taking care of transactions is called:
Select correct option:
- Indirect exporting
- Direct exporting
- Importing
- Management contract
Which one of the following is an important source of idea generation due to their familiarity with the needs of market?
Select correct option:
- Existing products and services
- Distribution channels
- Federal government
- Consumers
In an international perspective, which of the following decisions are NOT covered under strategic planning of an entrepreneur?
Select correct option:
- What are unique characteristics of each market?
- Who should be involved in marketing decisions?
- What customer benefits are provided by the product?
- What are the company’s major strengths and weaknesses?
The activities which occur when the new venture is started are called:
Select correct option:
- Motivation
- Goal orientation
- Departure point
- Business skills
Which one of the following is important for international business to avoid trade barriers?
Select correct option:
- Protectionist attitude
- Entrepreneurial partnering
- Free trade areas
- Internship
Following are the types of foreign direct investment EXCEPT:
Select correct option:
- Joint venture
- Management contracts
- Minority interest
- Merger
The difference between the value of a country’s imports and exports over time is called:
- Deficit exports
- Deficit imports
- Balance of payment
- Balance of debt
Which one of the following is NOT the problem in developing the economies of different under developed countries ?
- Gap of knowledge
- Variable rate of return
- Same communication style
- Different accounting system
A patent is granted for a specified amount of time because of the assumption:
- That during this time firm will cover its development costs
- That firm will earn a sufficient profit during this period
- To limit the monopoly of the firm
- That it will stimulate idea and development of a better product
The former USSR received technology and syrup from Pepsi and provided it with Soviet vodka and rights to distribute it in the US. This is an example of:
- Economic development
- Barter system
- Balance of payment
- International trade
Which of the following is the method of developing a new idea by thinking about constraints?
- Matrix charting
- Big diagram approach
- Value analysis
- Parameter analysis
An ice cream producing company merges with a cotton spinning company this merger is an example of:
- Diversified activity merger
- Product extension merger
- Market extension merger
- Vertical merger
Which of the following techniques is an excellent method for initially screening ideas and concepts in addition to generating new ideas?
- Focus group
- Problem inventory analysis
- Brain storming
- Reverse brainstorming
Which of the following is used by entrepreneurs to acquire experience in an international market before making a major commitment?
- Merger
- Joint venture
- Minority interest
- Majority interest
Which of the following country has the social structure that discourages entrepreneurship?
- Singapore
- Japan
- Pakistan
- Hong Kong
Which one of the Following is the way by which an entrepreneur can enter into international business?
- Export
- Non equity arrangements
- Direct foreign investment
- All of the given options
Idea of new product is tested in potential consumers to determine consumer acceptance at _______ stage.
- Concept
- Product development
- Test marketing
- Commercialization
Which of the following areas are preferred by women entrepreneurs?
- Administration
- Utilities
- Manufacturing
- None of the above
The evaluation criteria for the new product should include all of the following, EXCEPT:
- Determination of market demand
- Determination of the suppliers
- Pricing and marketing policies of other competing firms
- Product should be profitable
Which of the following is/are a source of idea generation?
- Consumers
- Federal government
- Brain storming
- All of the above
Following are the types of non equity arrangements EXCEPT:
- Licensing
- Management contracts
- Direct export
- Turnkey projects
Professional support network includes following EXCEPT:
- Personal affiliations
- Mentor
- Trade associations
- Friends
An entrepreneur doing business within the national border is called:
- International entrepreneurship
- Intrapreneurship
- Domestic entrepreneurship
- Imports
A company sells its product to a “foreign sales office” that is located in its domestic market, this is an example of:
- Indirect exporting
- Direct exporting
- Bartering
- Joint Venture
Which of the following is a sound strategic option for an organization when its purpose is
to get the 100% ownership in the international business operations?
Select correct option:
- Mergers & acquisitions
- Joint venture
- Majority interest
- Indirect exporting
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
Which one of the following is the next stage to the Concept Stage of Product Planning
and Development Process?
Select correct option:
- Idea Stage
- Product Planning Stage
- Product Development Stage
- Test Marketing Stage
Which of the following gives the owners a negative right, preventing anyone from
making, using, or selling the invention?
Select correct option:
- Patent
- Copyright
- Trade mark
- Trade secret
Which one of the following is the method of developing new idea through a thought process progression?
Select correct option:
- Synetics
- Heuristics
- Forced relationships
- Value analysis
Selling goods to another country through a person in the entrepreneur’s home country is
known as:
Select correct option:
- Trading
- Direct export
- Indirect export
- Domestic sales
Idea of new product is tested in potential consumers to determine consumer acceptance at
_________ stage.
Select correct option:
- Concept
- Product development
- Test marketing
- Commercialization
Entrepreneurial success has been significant because of the culture and the political and
economic systems in _________.
Select correct option:
- European countries
- Asian countries
- Transition economies
- Middle East
An entrepreneur doing business within the national border is called:
Select correct option:
- International entrepreneurship
- Intrapreneurship
- Domestic entrepreneurship
GATT is established in 1947, under:
Select correct option:
- Japan leadership
- China leadership
- U.S. leadership
- U.K. leadership
Which of the following is/are a source of idea generation?
Select correct option:
- Consumers
- Federal government
- Brain storming
- All of the above
Developing a new idea through inquiry and testing is called:
Select correct option:
- Heuristics
- Forced relationship
- Scientific method
- Value analysis
In stage of responsibility allocation process the entrepreneur follows:
Select correct option:
- Highly centralized decision making process
- Highly decentralized decision making process
- Somewhat centralized decision making process
- No particular standard
Members of distribution channels are excellent sources for new ideas because:
Select correct option:
- They are familiar with the needs of the market
- They earn a handsome profit from new business
- They do not bother if entrepreneur bears a loss
- They have well-developed sales force
Which one of the following is an important source of idea generation due to their
familiarity with the needs of market?
Select correct option:
- Existing products and services
- Distribution channels
- Federal government
- Consumers
Which one of the following is NOT the problem in developing the economies of different
under developed countries ?
Select correct option:
- Gap of knowledge
- Variable rate of return
- Same communication style
- Different accounting system
Which of the following is the source of analysis to uncover ways to improve on existing offering that may result in a new product that has more market appeal?
Select correct option:
- Distribution channels
- Existing companies
- Research & development
- Consumers
Which of the following is the best method for developing new idea by looking at the
positives and negatives of an item?
Select correct option:
- Free association
- Attribute listing
- Forced relationship
- Value analysis
Which of the following describes the statement “entrepreneurship within an existing organization”?
Select correct option:
- Intrapreneurship
- Entrepreneurship
- High potential venture
- Gazelles
Which of the following type of merger have the combination of at least two firms doing similar businesses at the same market level?
Select correct option:
- Vertical merger
- Product extension merger
- Horizontal merger
- Diversified activity merger
Which of the following source of fund mostly female entrepreneurs are utilized for starting their new businesses?
Select correct option:
- Secondary resources
- Primary resources
- Investors
- Bank loans
The entrepreneur utilizes the resources through:
Select correct option:
- Identifying and evaluating the opportunity
- Developing a business plan
- Implementing the business plan
- Manage the enterprise
Which one the following is the uncontrollable factor in international trade?
Select correct option:
- Economic
- Cultural
- Technological
- All of the given options
Which of the following is a sound strategic option for an organization when its purpose is
to get the 100% ownership in the international business operations?
Select correct option:
- Mergers & acquisitions
- Joint venture
- Majority interest
- Indirect exporting
Generally, male entrepreneurs start their first venture in the age of:
Select correct option:
- Late 20s
- Early 30s
- Late 30s
- Early 40s
Which of the following has multistage commitment of resources with minimal exposure
at each stage?
Select correct option:
- Managerial domain
- Entrepreneurial domain
- Intrapreneurial domain
- All of the given options
Female entrepreneurs differ from male entrepreneurs in terms of following EXCEPT:
Select correct option:
- Motivation
- Business skills
- Departure point
- Goal orientation
Which one of the following is required to develop a good team for creating something
new?
Select correct option:
- Relationship with team members
- Open discussion
- Non flexible behavior
Which one of the following system is necessary for expansion and elimination of
intrapreneurial units?
Select correct option:
- Management
- Evaluation
- Reward
- Training
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
Degree of influence and control on other people is called:
Select correct option:
- Locus of control
- Locomotion of control
- Locust of control
Which one of the following is important for international business to avoid trade barriers?
Select correct option:
- Protectionist attitude
- Entrepreneurial partnering
- Free trade areas
- None of the given options
Which of the following is the desirable factor for an entrepreneur while forming a new
venture?
Select correct option:
- Sub culture
- Stakeholder
- Role models
- Marketing