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SME management
SME management
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Flashcards
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Questions
20
Answers
1
The SMEs play significant role most economies, for example:
creating employment opportunities
emergence of healthy private sectors
pay a significant portion of taxes
orders are removed from the multis
2
What type of feasibility is appropriate for a new business?
Technical
Financial
Marketing
Structural
3
Cash flow analysis is the study of the cycle of your business' cash inflows and outflows.
False
True
4
The entrepreneurship played a very vital role in the small and medium sized industries.
False
True
5
Which SME is it? Among 36 to 99 employees and productive assets range of 20 to 40 million.
Small
Micro
Medium
6
One of the major challenges that SME have to face providing the necessary HR for the knowledge-based economy.
True
False
7
.......... skill and strong team building abilities are essential leadership attributes for successful enterpreneurship.
Analitic
Management
Future orientation
8
Internal resources include:
Search of memories to find similarities and elements
benchmarking in relation to a competitor
Analysis of concepts in the light of existing problems
Recombining the elements found in new and useful ways
9
Access to equity and formal debt financing has been identified as recurring constraint to SME growth and development.
True
False
10
Entrepreneurship does not plays an important role in promoting innovative technologies, products and services.
True
False
11
Access to IT facilities and transport also serve as a detriment to smooth growth and transition of smaller firms.
True
False
12
Newspapers, magazines, trade fairs, exhibitions, governments agencies are ................. resources for a new venture.
Internal
External
13
In order to ensure the survival and growth of enterprise, it is essential to make ............................ analysis.
suppliers
wholesalers
retailers
competition
14
Most banks prefer to hold risk free-income generating assets and lending to SME is attractive to them.
False
True
15
An entrepreneur is a combination of multiple skills. For example:
the originator of the new business venture
a man who wants to get rich
a manager who tries to improve organizational effectiveness
an idea or creative person
16
New investment for SMEs about ...% of funds for investment or working capital come from banks or financial institutions.
35-65
7-10
10-15
15-30
17
Given entrepreneurship's potential to support economic growth, it is the policy goal of many governments to ...... it.
ignore
maintain
develop
suppress
18
Which SME is it? Among 10 to 35 employees and productive assets ranging 2 to 20 million.
Small
Micro
Medium
19
Small business is less affected by economic disruptions and is more or less self-adjusting.
False
True
20
Who is he/she? "who is willing to help launch a new venture and accept full responsibility for the outcome."
Boss
Enterpreneur
Leader