Entrepreneurship practice

Management is a process of _________ the organization’s resources.

• planning, leading, coordinating and adjusting

• planning, leading, organizing and controlling

• planning, distributing, locating and conducting

• planning, organizing, locating and monitoring

Business ethic is important because _________.

• it can creates more income to the business

• it can help to reduce investment risk

• it improve entrepreneur’s skills and knowledge

• it is a social responsibility to the public

Factors pertaining to self-evaluation in identifying, evaluating and choosing a business opportunity are as follows, EXCEPT __________.

• experience

• networking

• financial positions

• current trends

A capital that used to buy the raw materials, pay bills and pay employee salary is called ________.

• permanent capital

• working capital

• growth capital

• contingency capital

Which of the following is representing entrepreneur’s responsibility towards its competitor?

• practice healthy competition

• Create more job opportunities

• Initiate a lots of research and development (R&D) activities

• Improve lifestyle of the society

Listed below are the primary resources in searching business opportunities, EXCEPT:

• survey

• interview

• reports

• experiments

Which of the followings is categorised as other expenses?

• renovation

• signboard

• utilities

• grand openings

The lower level managers needs to have ________ the most comparing to the other managers.

• marketing skills

• communication skills

• conceptual skills

• technical skills

 ________ or known as mid-term planning is normally conducted by middle-level managers.

• strategic planning

• tactical planning

• operational planning

• contingency planning

An organizational structure that divided the staff according to location is called as _______.

• functional structure

• geographical structure

• social structure

• matrix structure