MU – CBE – Marketing Management Entre. & SBM Final Exam Name: __________________________________IDNo:____________Sec.:____Sign.:_______ Instructions (please read the instructions carefully). Don’t forget to write your name and IDNo in the space provided above. Think and put all your answer in the space provided at the end of the question paper. Repetitively erased answer is worthless. Abide to the instruction under each section of the question. Use your time effectively and efficiently. Section A: - Wrong or Right Write letter “R” if the statement is right or letter “W” if the statement is wrong (a point each). 1. Entrepreneur is an institution that introduces innovative change. 2. Discovering new market is an activity of entrepreneurship. 3. Innovation is creation of something new that has never been made before. 4. Entrepreneurship enhances market inefficiency. 5. An entrepreneur is a person who integrates factors of production. 6. Social entrepreneurs advocate societal betterment. 7. According to MoTI capital is used as criterion to classify business enterprise. 8. Symbol (™) shows registered trade mark whereas (®) shows unregistered trade mark. 9. Business plan is developed only to expand existing business. 10. Organizational cycle shows the transition of the organization from one stage to the other. Section B: - Multiple choices Choose the best answer from the given alternatives and put your answer in the space provided at the end of the question paper (1.5 point each). 1. An entrepreneur is ------except a) Exploit opportunity c) Dormant in business b) A creative person d) A person look ahead 2. Which of the following is/are/ the activities undertaken by entrepreneur/s/? Except a) Gather resources c) Take high risk b) Raise capital d) Set goals 3. An entrepreneur/s/ is/are/ characterized by-----a) Commitment c) Self-drive b) Laziness d) Confident Time Allowed: - 120 Minutes A©T Exam Date & Time:-25/06/19@8:30 AM 1 MU – CBE – Marketing Management Entre. & SBM Final Exam 4. Which of the following statement/s/ is/are/ valid about women quality. a) Being responsible c) Shyness b) Financial skill d) Communication skill 5. A person employed to work independently within a company in order to introduce innovation and to revitalize and diversify its business. a) Entrepreneur c) Entrepreneurship b) Intra-preneur d) Intra-preneurship 6. Which of the following entrepreneur/s/is/are/ not demanding for growth rather they prefer to work at losses? a) Fabian entrepreneur c) Drone entrepreneur b) Induced entrepreneur d) Artesian entrepreneur 7. Those entrepreneur/s/ is/are/ engaged in selling and buying of products are considered as. a) Social entrepreneur c) Agri-preneur b) Business entrepreneur d) Industrial entrepreneur 8. Mr. Bekalu is working in financial industry; he has looked the bottleneck of the financial transaction in trading of items. And he introduces new simplified transaction technology. Mr. Bekalu is considered as…. a) Adoptive entrepreneur c) Business entrepreneur b) Innovative entrepreneur d) Industrial entrepreneur 9. Which of the following statement/s/ is/are/ role of entrepreneurship? a) Job creation c) Agent role b) Capital formation d) All of the above 10. Backward integration looks into…. a) Consumers c) Raw materials b) Output d) None of the above 11. Which of the following would not characterize small business? Except. a) Many person affairs c) Take more time b) Requires more capital d) Create more jobs 12. Appealing factors of small business is ….. a) Financial opportunity c) Community service b) Independence d) All of the above Time Allowed: - 120 Minutes A©T Exam Date & Time:-25/06/19@8:30 AM 2 MU – CBE – Marketing Management Entre. & SBM Final Exam 13. Legal form of business where formed by two or more persons to do business activities. a) Sole proprietorship c) Partnership b) Co-operatives d) Corporation 14. Which of the following is/are/ the criteria to choose legal form of business ownership? a) Liability c) Taxation b) Finance d) All of the above 15. A type of cooperative that distribute consumable goods for society at reasonable price. a) Marketing cooperatives c) Producer cooperatives b) Consumer cooperatives d) Housing cooperatives 16. Which of the following is not source/s/ of business idea? a) Business magazine c) Tradeshow b) Personal experience d) None of the above 17. Which of the following is/are/ importance of business plan? a) To get money c) To speculate b) To keep on truck d) All of the above 18. Best team model is resulted in---except. a) Growth c) Tackle problem b) Face challenge d) None of the above 19. Which of the following is not categorized under five C’? a) Collateral c) Communication b) Capital d) Condition 20. Which of the following is/are/ source/s/ of equity financing? Except. a) Loan from bank c) Family b) Saving account d) Partner Time Allowed: - 120 Minutes A©T Exam Date & Time:-25/06/19@8:30 AM 3 MU – CBE – Marketing Management Entre. & SBM Final Exam Section C: - Matching Join words/phrases/ statements/ under column 1 with words/phrases/statements/under column 2(a point each). Column1 Column 2 1. Startup Stage a) Leaner and meaner 2. Expansion Stage b) Fighting for survival 3. Consolidation Stage c) Rebirth of organization 4. Revival Stage d) Announce bankruptcy 5. Decline Stage e) Expand market share Section D: - Fill the blank Fill the blank spaces with appropriate words/phrases/(A point each). 1. _______gives the managers of a corporation the freedom to take initiative and try new ideas. 2. _______is a business that is owned, and usually managed, by one individual. 3. _______ is the collection of assumptions that must be true in order for your start-up to generate a consistent profit. 4. _______ is a form of protection provided to the authors of "original works of authorship". 5. _______is granted for innovators. Section E: - Essay Your answer must be precise and concise unless you are not eligible to get mark (10 point each). 1. Elucidate the success and failure factors of business enterprise (2 pt). 2. Describe self and collaborative growth strategy with your own illustrative example (5 pt). 3. What is the title of your business plan and enumerate your group member (3pt). --------------------------------------------------------------------------------------------------------------------- Wish you all the best!!! Time Allowed: - 120 Minutes A©T Exam Date & Time:-25/06/19@8:30 AM 4 MU – CBE – Marketing Management Entre. & SBM Final Exam Answer sheet Section A:- Right or Wrong 1._____2.______3._______4.______5._______6.______7.______8._______9._______10._______ Section B:- Multiple Choices 1.______2.______3._______4.______5._______6._____7._______8.______9.________10.______ 11._____12.______13.______14.______15.______16.______17.______18._____19._______20._______ Section C:-Matching 1.______2._______3.________4.__________5.________ Section D:- Fill the Blank 1._____________________________________ 2._____________________________________ 3._____________________________________ 4._____________________________________ 5._____________________________________ Section E: - Essay type Questions 1.____________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ Time Allowed: - 120 Minutes A©T Exam Date & Time:-25/06/19@8:30 AM 5 MU – CBE – Marketing Management Entre. & SBM Final Exam ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ 2.____________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ Time Allowed: - 120 Minutes A©T Exam Date & Time:-25/06/19@8:30 AM 6 MU – CBE – Marketing Management Entre. & SBM Final Exam ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ 3.____________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ -----------------------------------------------------/End/--------------------------------------------------------- Time Allowed: - 120 Minutes A©T Exam Date & Time:-25/06/19@8:30 AM 7
