Entrepreneurship and Small Business Management MCQs and Notes

A

Admin • 36.95K Points
Coach

Q 201. Which of the following factors is the most important in forcing U.S companies to focus on new product development and increased productivity?

(A) Entrepreneurship

(B) Hyper competition

(C) Governmental laws

(D) Organizational culture

S

Shiva Ram • 30.44K Points
Instructor I

Q 202. Why are small businesses important to a country's economy?

(A) They give an outlet for entrepreneurs.

(B) They can provide specialist support to larger companies.

(C) They can be innovators of new products.

(D) All the above.

P

Priyanka Tomar • 35.28K Points
Coach

Q 203. A project can be considered to have failed if it:

(A) does not meet the users' requirements.

(B) overran significantly on estimated delivery date.

(C) was significantly over budget.

(D) does not meet the business requirements.

R

Ranjeet • 34.60K Points
Instructor I

Q 204. Which of the following is the benefit of the network analysis approach?

(A) Eliminate need for management judgement.

(B) Avoid need to use structured approach.

(C) Allows progress to be monitored against plan.

(D) Derive error free forecasts.

A

Admin • 36.95K Points
Coach

Q 205. Which of the following is not a reason to reduce project completion time?

(A) Release resources for other projects.

(B) Avoid penalties for late completion.

(C) Eliminate project critical path.

(D) Reduce new product development time to market.

R

Rakesh Kumar • 28.44K Points
Instructor II

Q 206. Which of the following is a main PRINCE project aim?

(A) Stay within budget.

(B) Meet specified quantity.

(C) Meet specified quality.

(D) All of the above

V

Vijay Sangwan • 28.62K Points
Instructor II

Q 207. Which of the following is not a main project objective?

(A) Time.

(B) Structure.

(C) Quality.

(D) Cost.