Entmgt Revision Questions-1
Entmgt Revision Questions-1
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Entrepreneurship & Management Revision guide by Ronald Freemann
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Entrepreneurship & Management Revision guide by Ronald Freemann
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Entrepreneurship & Management Revision guide by Ronald Freemann
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Entrepreneurship & Management Revision guide by Ronald Freemann
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Entrepreneurship & Management Revision guide by Ronald Freemann
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Entrepreneurship & Management Revision guide by Ronald Freemann
D. Reduces uncertainties
72. The procurement of equipments supplies is done through the following except?
A. Donor body B. Local supplier
A. Friend and relative C. Manufacturer and distributor
73. Offering laboratory services you need to seriously plan because"?
A. Planning avoids future chaos in the organization.
B. Planning helps to control expenditure
C. Planning is talked of even at village level
D. Planning is the foundation stone of successful actions of the organization
74. When submitting an order before you run out of stock you should check for the following except?
A. Patients' Results forms C. Stock consumption
B. Stock cards one by one D. Summary of stock used monthly
75. When purchasing equipments
A. identify those with high maintenance costs
B. select an affordable, easy to use and maintain
C. Select an expensive type to impress
D. Select from a second hand well serviced ones
76. maintenance and simple servicing of lab equipments is a responsibility of
A. in charge of the laboratory C. the clinician in charge of the station
B. Laboratory attendant D. The engineer at the work shop.
77. The procurement of equipments and supplies is through the following agents except?
A. Donor body C. Local supplier
B. Friend and relative D. Manufacturer and distributor
78. A book which contains a list of articles for purchase from a company is known as
A. Invoice C. Delivery note
B. A catalogue D. Stock ledger
79. ....... is used when carrying out stocking in the laboratory
A. Delivery note C. Log book
B. Invoice D. Stock card
80. All of the following are the purposes of the buffer stock except?
A. Avoids stock outs C. For lending out
B. Compensates for wastes D. Taking care of the logistical delays
81. For proper continuity of the laboratory services, supplies should be ordered?
A. On a daily basis C. After every six months
B. Monthly D. On a quarterly basis.
82. The process of requesting a price quotation from the bidder is called?
A. Supplier requesting C. Procurement process
B. Invitation process D. Solicitation
83. If the maximum stock is 10HIV kits and there is 5 HIV kits in the stock, the amount of HIV kits to be
ordered is?
A. 05 HIV kits C. 10 HIV kits
B. 15 HIV kits D. 50 HIV kits
84. The time spent between ordering and receiving the good in the store is referred to as?
A. Procurement time C. Supplies time
B. Lead time D. Inventory time
85. In marketing, human beings have unlimited wants and limited resources, therefore they make choices.
The choice they make and backed by the ability to pay is called?
A. Consumer want C. Demand
B. Human want D. Customer want
86. The act of communicating to persuade, educate and change the attitudes of the target customers is
called?
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Entrepreneurship & Management Revision guide by Ronald Freemann
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Entrepreneurship & Management Revision guide by Ronald Freemann
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Entrepreneurship & Management Revision guide by Ronald Freemann
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Entrepreneurship & Management Revision guide by Ronald Freemann
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Entrepreneurship & Management Revision guide by Ronald Freemann
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Entrepreneurship & Management Revision guide by Ronald Freemann
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Entrepreneurship & Management Revision guide by Ronald Freemann
163. The desires and ability to buy a particular product is termed as?
A. Demand C. Need
B. Necessity D. Want
164. The financial obligations of a business are referred to as:
A. Capital C. Current liabilities
B. Fixed Assets D. Liabilities
165. ......Is a demand note for a business?
A. Credit note C. Invoice
B. Delivery note D. Debit note
166. The external and internal factors needed in business management includes the following except?
A. Market C. Opportunities
B. Strength D. Threats
167. The external factors in a business for which the entrepreneur has no direct control are:
A. Threats and opportunities C. Weaknesses and threats
B. Weaknesses and the strength D. Opportunities and threats
168. The following are directing methods of carrying out product promotions except?
A. Advertising techniques C. Use of catalogues
B. Use of brochures D. Telemarketing
169. Reduction of prices, giving incentivizes and rewards describe which technique of marketing?
A. Advertising method C. Sales promotion method
B. Direct marketing methods D. Personal selling method
170. Merchandising in the business language means?
A. Display of the sales C. Telemarketing
B. E-Marketing D. Word of the mouth
171. The use of trademarks or symbols for product identification and marketing is referred to as?
A. Branding C. Symbolic marketing
B. Merchandising D. Trade mark identity
172. The type of budgets where the expenditures exceeds the incomes is referred to as?
A. Surplus budget C. Balanced budget
B. Deficit budget D. Operational budgets
173. The type of budget where the incomes exceeds the expenditures is referred to as?
A. Surplus budget C. Balanced budget
B. Deficit budget D. Operational budgets
174. Accounting books used to record small expenses and small incomes of business are called?
A. Petty cash books C. Returns inflow journals
B. Returns outflow journals D. Ledgers
175. The following are examples are examples of direct taxes except
A. Tax of partnership C. Tax of companies
B. Local service tax D. VAT (value added tax)
176. The principles of taxation were reversed and forwarded by:
A. Fredrick Taylor C. Lincoln burros
B. Abraham Maslow D. Adam smith
177. The final book of accounts that contains all legal accounts of the business is referred to as?
A. General ledger C. Double column cash book
B. Subsidiary ledger D. Petty cash book
178. Organizations have a definite structure that describes the various departments and levels:
A. Administrative table C. Department directory
B. Laboratory directory D. Organization chart
179. What criteria do you use for issuing supplies from the lab store?
A. First in first out C. Disposable last out
B. First expire first out D. FIFO/FEFO
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