Multiple Choice Questions (MCQs)
There are how many types of businesses?
In 1959 Bison and Meyers replaced the terms with “management” and “organization” for ________.
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 of the following can be abbreviated as ILO?
Family trend plays a vital role in making business choice in SMEs.
In recent years, per worker productivity of Pakistani labour force has decreased up to what percent as compared to China's per worker productivity?
How many major changes an entrepreneur of a small business can bring in the industry?
Owners also play the role of managers for SMEs, due to its limited structure and centralized decisions making.
The successful entrepreneur who is/has _______.
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?
Which one of the following entrepreneurs duplicates existing activities and put them into practice without any expenditure on research?
Which of the following is the expressed form of PLC?
What kind of business transaction was reported in the first written material available about a small business?
Fabian Entrepreneurs belongs to _______.
What kind of resources are utilized by small businesses as compare to large ones?
An entrepreneur should have technical, conceptual and human skills.
Who is the secretary general of National Planning Committee (NPC) developed in 1938?
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.
How many years ago the first piece of writing about the small business was discovered?
In the formation of SMEs, the most benefited from this sector ________.
Which of the following segmentation types has characteristics like traits, attitudes, interests, or lifestyles of potential customer groups?
What kind of activity is taking place when department manager provides a complete tour of company or plant to the new member?
In which of the following source of information, an entrepreneur can get new idea by screening the product physically.
Adam Smith, father of Economics, referred to small business as the:
According to which country an enterprise will be a small enterprise if its number of employees is less than 10?
Which of the following is an external source of information for new product idea?
SMEDA was established in _______ to take on the challenge of developing Small & Medium Enterprises (SMEs) in Pakistan.
Entrepreneurial thinking has a positive impact on the growth of SMEs.
What kind of management level training is required for SME a sector that is not provided by Pakistan institute of Management Sciences (PIMS)?
Entrepreneurship is a:
Entrepreneur is a person who is:
SMEs provide opportunity to rural and urban women to utilize their vocational skills while staying at their homes.
Which of the following is abbreviated as NPC?
_______ 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.
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?
Which of the following statement is True?
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.
What is the average mean age of entrepreneur in Korea according to a survey conducted by World Bank?
According to Gallup survey 2001, which of the following factor is responsible for the decline of export in Pakistan?
Which of the following topic/s has/have pivoted importance for short to medium term issues?
In retailing business, how much percent have owner share in the business?
In technical feasibility, you can identify all of the following critical technical specifications EXCEPT:
Following factors can be assessed by cash flow statement EXCEPT:
According to research conducted in MIT, Harvard University, USA, following are the main objectives for a technology entrepreneur EXCEPT:
Which of the following termed is acronym as NEQS?
Albert Shapiro had described external factors for an entrepreneur in his psychological analysis, which of the following is NOT integrated in those factors?
What is the average mean age of entrepreneur of Pakistan according to a survey conducted by World Bank?
Which of the following is the indigenous product of Pakistan?
What kind of business transaction was reported in the first written material available on small business?
Following are the basic reasons behind low tax base in Pakistan EXCEPT?
________ entrepreneurs are the owners as well as themselves employees of the organization.
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?
To ensure profits entrepreneurs always avoid risks and abrupt changes.
The rate of interest charged for soft loan is at _________.
Pakistan’s economy heavily depends on the _______.
Which of the following is an expressed form of IPO?
Which one of the following parameters is considered in declaring a business as a small business?
Which one of the following is not an internal factor as described by Albert Shapiro in his psychological analysis?
Which of the following year was considered as starting period of industrialization in Pakistan?
Until 2000, 79 member countries of WTO have maintained a list of MFN (Most Favorite Nation) exemptions. The list contains how many exemptions?
Which of the following enlisted the 12 common barriers in the path of entrepreneurship?
SMEs are considered as engines of _______ growth in both developed and developing countries.
Which of the following is true about today’s global economy?
SME's usually have a formalized grand structure to manage routine operations.
EPB stands for:
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)?
An entrepreneur not only innovates to cater market, but it also:
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?
Which of the following CANNOT be accessed by performance appraisal?
Before the partition of Sub-continent which city was the industrial hub in the continent?
________ is a response by the companies in industries where it is common for highly compensated employees to frequently move from one firm to another.
How are the large and small enterprises interlinked?
Which one of the following parameters is considered in declaring a business as a small scale business?
Why small businesses became object of contempt in Egyptians, Arabs, Babylonians, Jews, Greeks and Roman eras?
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?
What is the basic purpose of a cash flow statement for an entrepreneur in an accounting period?
Generally in what terms performance of an employee is evaluated?
The main objective of an entrepreneur is to have ________ in his/her work.
Which one of the following is usually taken as a synonym of "Venture capital".
Corporations are considered as one of the forms of SME.
In which year the restructuring of Small Business Finance Corporation (SBFC) was done?
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?
The development process was initiated in the sixties and the concept of development derived its origin from the _______ of small enterprise development.
Imitating entrepreneurs depend on the ________.
Following are the main functions of Punjab Small Industries Corporation (PSIC) EXCEPT:
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 _______.
Which of the following is true for quality control in engineering and manufacturing?
Which of the following is NOT a prime outcome of a training program in an organization?
NGOs are ________ based organizations with their own management structure.
Imitating entrepreneurs depend on the _______.
How many craftsman colonies were developed by Sindh Small Industries Corporation (SSIC)? (as per survey 2001)
SMEDA is an SME ______ body for the government of Pakistan but also facilitates other stakeholders in addressing their SME development agendas.
"Job lock" encourages entrepreneur to pursue his/her own business.
SMEDA is directly associated with which of the following ministries?
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?
What percent of SMEs are the member of business associations?
According to one study, what percentage of Japan's economy consists of SME's?
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?
Following are the financial institutions developed to promote SME in Pakistan EXCEPT:
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