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SME Management (MGT- 601)

QUIZ # 02
SEMESTER SPRING, 2009
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Quiz # 02

Marks: 10

Spring Semester 2009

MGT-601 SME Management

Please read the following instructions carefully before attempting Quiz:

This Quiz covers lesson no.01 19

Last date for submission of Quiz is as per announcement.

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Q no.
1
2
3

Selected Option
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A
D

Provide only one option. More than one option will be marked Zero.
Give the answer according to question, no mark will be given for irrelevant
material.
Dont rely only on handouts, use other reference books also.
Plagiarism will be strictly dealt.
Cheating or copying of Quiz is strictly prohibited; No credit will be given to
copied solution.
Once you have uploaded the quiz on LMS, it will not be replaced under any
condition.

SR

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SME Management (MGT- 601)

QUIZ # 02
SEMESTER SPRING, 2009
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1. There are too many laws regarding labour force in Pakistan that causing problems
for SME. It was proposed that existing labour legislation be simplified and
rationalized into how many basic laws?
A. Four
B. Six
C. Ten
D. Twelve
2. Which of the following fund was created by World Bank to support the energy
policy developed by Pakistan back in 1995?
A. The Potential Enlargement Sector Development Fund (PESDF)
B. The Private Sector Energy Development Fund (PSEDF)
C. The Endowment Fund for Energy Development (PEFED)
D. The Power Sector Enlargement Expansion Fund (PSEEF)

SR

3. According to which of the following, an enterprise said to be large if there are

more than 10 employees?
A. State Bank of Pakistan
B. Industrial Sector
C. Statistical System
D. SMEDA

4. Which of the following can be abbreviated as PEPA?

A. Private Environment Policy Act
B. Public Environmental Protection Action
C. Provincial Environment Policy Activity
D. Pakistan Environmental Protection Agency

5. Which of the following is NOT a long term issue of Pakistan from SME
perspective?
A. Literacy
B. Taxation
C. Law and Order
D. Infrastructure
6. What is meant by market myopia?
A. Overlooking of market
B. Lack of expansion of market
C. Inflexibility of market
D. Obstinacy of market
7. Following are the main parameters of a technical feasibility study of a product
EXCEPT:
A. Identification of critical technical specifications
B. Prototype Test of Product
C. Laboratory testing of Product
D. Examination of product quality-cost relationship

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SME Management (MGT- 601)

QUIZ # 02
SEMESTER SPRING, 2009
===========================================================
8. Technological obsolescence, low capacity utilization, non-availability of spareparts and poor machinery maintenance are the post-operative problems that can be
emerged in which of the following areas?
A. Capital
B. Production
C. Customer
D. Sale
9. _____________________ is a business term means, an extraordinary event or
circumstance beyond the control entrepreneur such as war, strike, crime, flood,
earthquake which prevents him from continuing the business.
A. Force Majeure
B. Force Mortigue
C. Force Montague
D. Force Meringue

SR

10. Which of the following topic/s has/have pivotal importance for short to medium
term issues?
A. Delivery of Assistance and Access to Resources
B. Business Environment
C. Monitoring Developments
D. All of the given options

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