Multiple Choice Questions (MCQs)
Why small businesses became object of contempt in Egyptians, Arabs, Babylonians, Jews, Greeks and Roman eras?
SME's usually have a formalized grand structure to manage routine operations.
According to a research conducted by SMEDA and UNIDO, what is the percentage of small firms which avail the facility of loan from banks and other financial institutions?
Which of the following is an expressed form of IPO?
How many years ago the first piece of writing about the small business was discovered?
Following are the basic reasons behind low tax base in Pakistan EXCEPT?
Which of the following is true about today’s global economy?
Technological obsolescence, low capacity utilization, non-availability of spares and poor machinery maintenance are the postoperative problems that can be emerged in which of the following areas?
What is the average mean age of entrepreneur of Pakistan according to a survey conducted by World Bank?
An entrepreneur should have technical, conceptual and human skills.
What is the average mean age of entrepreneur in Korea according to a survey conducted by World Bank?
Adam Smith, father of Economics, referred to small business as the:
What type of industry it will be if number of employees ranges from 36 to 99 and productive assets ranges from 20 to 40 million?
Imitating entrepreneurs depend on the ________.
Which of the following topic/s has/have pivoted importance for short to medium term issues?
According to research conducted in MIT, Harvard University, USA, following are the main objectives for a technology entrepreneur EXCEPT:
Pakistan’s economy heavily depends on the _______.
Which of the following is the expressed form of PLC?
What kind of link will exist between small and business sectors if a portion of all the material available is procured by the small unit who manufactures a specific part needed by large company?
Which one of the following parameters is considered in declaring a business as a small scale business?
What kind of an entrepreneur will he/she be, IF he/she follows the old traditions, avoids risk taking and responds to change only in situations where it becomes necessary to do so?
Which of the following national institute had conducted a survey about the development of SME in Pakistan with the collaboration of United Nations Industrial Development Organization (UNIDO)?
According to the definition of SMEDA Pakistan “a business with employment size up to 250, paid up capital up to 25 million and annual sales up to 250 million is said to be small and medium business”. In which year this definition has been presented?
An entrepreneur not only innovates to cater market, but it also:
Following are the financial institutions developed to promote SME in Pakistan EXCEPT:
According to which country an enterprise will be a small enterprise if its number of employees is less than 10?
How many major changes an entrepreneur of a small business can bring in the industry?
Until 2000, 79 member countries of WTO have maintained a list of MFN (Most Favorite Nation) exemptions. The list contains how many exemptions?
Who is the secretary general of National Planning Committee (NPC) developed in 1938?
SMEs provide opportunity to rural and urban women to utilize their vocational skills while staying at their homes.
What is the basic purpose of a cash flow statement for an entrepreneur in an accounting period?
Following factors can be assessed by cash flow statement EXCEPT:
Which of the following segmentation types has characteristics like traits, attitudes, interests, or lifestyles of potential customer groups?
What kind of resources are utilized by small businesses as compare to large ones?
Owners also play the role of managers for SMEs, due to its limited structure and centralized decisions making.
In the formation of SMEs, the most benefited from this sector ________.
Entrepreneurial thinking has a positive impact on the growth of SMEs.
EPB stands for:
What kind of management level training is required for SME a sector that is not provided by Pakistan institute of Management Sciences (PIMS)?
Which of the following is abbreviated as NPC?
Before the partition of Sub-continent which city was the industrial hub in the continent?
Which of the following CANNOT be accessed by performance appraisal?
There are how many types of businesses?
Which one of the following entrepreneurs duplicates existing activities and put them into practice without any expenditure on research?
In which of the following source of information, an entrepreneur can get new idea by screening the product physically.
Albert Shapiro had described external factors for an entrepreneur in his psychological analysis, which of the following is NOT integrated in those factors?
Which of the following is NOT a prime outcome of a training program in an organization?
How are the large and small enterprises interlinked?
A business is said to be medium sized business if total strength of employees is greater than 36 and less than 99 and total productive assets valued Rs 40 Million. This definition is coined by which of the following institution of Pakistan?
How many craftsman colonies were developed by Sindh Small Industries Corporation (SSIC)? (as per survey 2001)
The successful entrepreneur who is/has _______.
SMEDA is an SME ______ body for the government of Pakistan but also facilitates other stakeholders in addressing their SME development agendas.
Corporations are considered as one of the forms of SME.
The development process was initiated in the sixties and the concept of development derived its origin from the _______ of small enterprise development.
Which of the following is true for quality control in engineering and manufacturing?
If a person is evaluated high on many traits because of a belief that the individual is high in one trait. This perception is affected by which of the following effects?
Which of the following can be abbreviated as ILO?
What kind of business transaction was reported in the first written material available about a small business?
Which of the following statement is True?
"Job lock" encourages entrepreneur to pursue his/her own business.
SMEDA is directly associated with which of the following ministries?
SMEDA was established in _______ to take on the challenge of developing Small & Medium Enterprises (SMEs) in Pakistan.
________ entrepreneurs are the owners as well as themselves employees of the organization.
In retailing business, how much percent have owner share in the business?
Which one of the following parameters is considered in declaring a business as a small business?
SMEs are considered as engines of _______ growth in both developed and developing countries.
Which of the following is an external source of information for new product idea?
Imitating entrepreneurs depend on the _______.
What kind of business transaction was reported in the first written material available on small business?
What kind of activity is taking place when department manager provides a complete tour of company or plant to the new member?
The rate of interest charged for soft loan is at _________.
In recent years, per worker productivity of Pakistani labour force has decreased up to what percent as compared to China's per worker productivity?
In Pakistan SMEs have a significant contribution in the total GDP of Pakistan, according to SMEDA and Economic survey reports, the share in the annual GDP is _______.
To which category SME belongs if the number of employees is not more than 50, total assets up to 50 million and sales not exceeding Rs. 300 million.
In technical feasibility, you can identify all of the following critical technical specifications EXCEPT:
_______ is/are used to describe the inability of an employee to freely leave a job because doing so will result in the loss of employee benefits.
The main objective of an entrepreneur is to have ________ in his/her work.
________ is a response by the companies in industries where it is common for highly compensated employees to frequently move from one firm to another.
Which one of the following is not an internal factor as described by Albert Shapiro in his psychological analysis?
According to which institution of Pakistan, a business will fall in medium scale business category, if it has productive asset less than Rs.100 million and there is no limit of number of employees.
To ensure profits entrepreneurs always avoid risks and abrupt changes.
Entrepreneurship is a:
Generally in what terms performance of an employee is evaluated?
Fabian Entrepreneurs belongs to _______.
According to a research conducted by SMEDA and UNIDO, what is the percentage of large firms that avails the facility of loan from banks and other financial institutions?
In which year the restructuring of Small Business Finance Corporation (SBFC) was done?
Entrepreneur is a person who is:
What percent of SMEs are the member of business associations?
According to Gallup survey 2001, which of the following factor is responsible for the decline of export in Pakistan?
Which one of the following is usually taken as a synonym of "Venture capital".
Which of the following is the indigenous product of Pakistan?
Which of the following year was considered as starting period of industrialization in Pakistan?
According to one study, what percentage of Japan's economy consists of SME's?
NGOs are ________ based organizations with their own management structure.
In 1959 Bison and Meyers replaced the terms with “management” and “organization” for ________.
Which of the following termed is acronym as NEQS?
Family trend plays a vital role in making business choice in SMEs.
Which of the following enlisted the 12 common barriers in the path of entrepreneurship?
Following are the main functions of Punjab Small Industries Corporation (PSIC) EXCEPT:
Select a course code for Objective Questions:
Select a course code for Subjective Questions: