Entrepreneurship Development And Management MCQ

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Question 1 : With headlines often commenting on breaches of Internet security, what is the term used for specialised software to prevent unauthorized access to company data from outsiders?

  1. Firewall
  2. Middleware
  3. Enterprise application integration - EAI
  4. Web analytics system
  

Question 2 : Which one of the following is not an ERP implementation strategy:

  1. Big bang strategy
  2. Phased implementation
  3. Half implementation
  4. Parallel implementation
  

Question 3 : The solution for all business needs is:

  1. EDI
  2. ERP
  3. SCM
  4. CRM
  

Question 4 : Which of the following are the subsystems of Plant Maintenance module of an ERP system: 1. Component Tracking

  1. 1, 2 & 3
  2. 2, 3 & 4
  3. 1 & 2
  4. 1, 3 & 4
  

Question 5 : Which of the following is not a mathematical model of SCM

  1. CRM
  2. Model for vendor analysis
  3. Make Vs Buy model
  4. Vehicle Routing algorithm
  

Question 6 : _______uses sophisticated mathematical and statistical techniques such as neutral networking and cluster analysis.

  1. Data mining
  2. Data survey
  3. CRM
  4. SCM
  

Question 7 : Material requirements plan specify

  1. the quantities of the product families that need to be produced
  2. the quantity and timing of planned order releases
  3. the capacity needed to provide the projected output rate
  4. the costs associated with alternative plans
  

Question 8 : ___________ maintains reports of warehouse supplies.

  1. ERP financial module
  2. ERP Inventory software module
  3. ERP Resource module
  4. ERP verification module
  

Question 9 : Material Requirement Planning(MRP) module utilizes aplication softwares for scheduling _________

  1. sales management
  2. production processes
  3. marketing techniques
  4. human resource management
  

Question 10 : Due to small change in customer demands, inventory oscillations become progressively larger looking through the supply chain. This is known as

  1. Bullwhip effect
  2. Net chain analysis
  3. Reverse logistics
  4. Reverse supply chain
  

Question 11 : The total no of phases in the ERP implementation process are?

  1. 1
  2. Module 2
  3. Module 5
  4. 11
  

Question 12 : Of the following, which is an e-procurement benefit related to budgetary control?

  1. Rules to limit spending and improved reporting facilities
  2. Reduced purchase cycle
  3. Enabling them to concentrate on strategic purchasing issues
  4. Correcting errors is traditionally a major part of a buyer's workload
  

Question 13 : Baan company is famous for ________

  1. manufacturing
  2. HR
  3. plant and maintenance
  4. finance
  

Question 14 : An isolated system has which of the following disadvantges: 1.Data collection and analyis of data is difficult

  1. 1&3
  2. 1&2
  3. 2&3
  4. 1
  

Question 15 : Which of the following is not contributed by ERP systems

  1. Today’s ERP systems can cover a wide range of
  2. Ability to customize an organization’s requirements
  3. Ability to integrate business operations with
  4. Ability to generate more sales
  

Question 16 : ____________predicts future trends & behaviors, allowing business managers to make proactive,knowledge-

  1. Data warehouse
  2. Data mining
  3. Datamarts
  4. Metadata
  

Question 17 : What are the major benefits of an ERP system in business

  1. Sales forecasts, sales strategies, and marketing campaigns
  2. Market demand, resource and capacity constraints, and real-time scheduling
  3. Forecasting, planning, purchasing, material management, warehousing,
  4. All of the mentioned
  

Question 18 : Code Consisting light and dark marks which may be optically read known as:

  1. Mnemonics
  2. Bar code
  3. Decoder
  4. Encoder
  

Question 19 : Which of the following supply chain performance measure does not fall under the SCOR model?

  1. Product variety
  2. Reliability
  3. Cost
  4. Assets
  

Question 20 : Which of the following is not an E-commerce mechanisms?

  1. E-storefronts
  2. E-marketplaces
  3. Electronic Auctions
  4. Ethernet
  

Question 21 : Which is one of the most critical steps in the ERP implementation?

  1. Creation of Organisational Model
  2. Creation of Integrated Data Model
  3. Creation of Business Model
  4. Creation of Data Model
  

Question 22 : Conceptually which statement is most accurate for an ERP

  1. ERP means more work and procedure
  2. ERP makes many employee redundant
  3. ERP integrate and automate organization processes
  4. ERP is sole responsibility of management
  

Question 23 : Organizations can enter various requirements in ?

  1. Purchase order
  2. Purchase requisitions
  3. Invoice
  4. General ledger
  

Question 24 : In buyer decision process, percentage of potential customers in a given target market is called

  1. customer funnel
  2. company funnel
  3. marketing funnel
  4. retailers funnel
  

Question 25 : Which of the following best describes step 5, assess and improve internal integration of key supply chain processes, as a step in the supply chain integration model?

  1. Management should identify the basic supply chain strategies associated with each of their firm’s products and services
  2. Procedures and metrics must be in place to collect and report internal performance data for the eight key processes.
  3. Process coordination and collaboration internally between the firm’s functional areas as well as externally between the firms trading partners.
  4. The firm should develop performance measures externally to monitor the links with trading partners regarding the key supply chain processes.
  

Question 26 : SaaS uses a open source software known as

  1. Closed Saas
  2. Free Saas
  3. Open Saas
  4. all of the mentioned
  

Question 27 : The most important step of ERP implementation is _________ phase.

  1. installing
  2. training
  3. gap analysis
  4. testing
  

Question 28 : An enterprise is a group of people with ________.

  1. common goal
  2. separate goal for each department.
  3. multiple goals.
  4. two or more goals.
  

Question 29 : Supply chain (SC) management involves the coordination of all supply activities of an organisation from its suppliers to the delivery of

  1. The links between an organisation and all partners involved
  2. Transactions between an organisation and its customers and intermediaries
  3. Creating and satisfying customer demand by optimizing strategies, promotions and
  4. None of the above
  

Question 30 : Which of the following is not the sales & distribution process?

  1. Sales order
  2. Material delivery
  3. Purchase requisition from production department
  4. Billing
  
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