MCQ Bank
Collaboration can enable firms to achieve --------- however, requires to --------------.
- A) None of the given options
- B) More, conceal expertise from partners
- C) More, share control over technologies
- D) Less, share control over technologies
All of the following are arrangements of collaboration EXCEPT:
- A) Licensing
- B) Outsourcing
- C) Spillover
- D) Joint Venture
A construction company seeks the help of a window making company to provide them windows to be used in the construction work. This is the best example of which of the following?
- A) Outsourcing
- B) Joint venture
- C) Collective Research Organization
- D) Licensing
Net Present Value is calculated by:
- A) Taking the difference between present value of a sum of money and future value it will have when invested
- B) All of the given options
- C) Taking the difference between the value of cash now and the value of cash at a future date
- D) Taking the difference between the present value of cash inflows and present value of cash outflows over a period of time
People working in the software industry also require which of the following for their software and application?
- A) Trademark
- B) Copy right
- C) Trade secret
- D) Patents
When an organization goes for solo internal development the speed of the development remains ------- and the cost remains---------.
- A) High, High
- B) Low, High
- C) High, Low
- D) Low, Low
Which of the following is the form of protection granted to the creative work or work of authorship?
- A) Trademark
- B) Patents
- C) Copy right
- D) Trade secret
When an organization/entity starts working on a project it needs various sources to finance that project. A source in this regard is
- A) B: Venture Capital
- B) A: Government Grants and Loans
- C) D: Both A and B
- D) C: Net Present Value
Collaborating can offer the following advantages EXCEPT:
- A) Learning from partner
- B) Reducing asset commitment and increase flexibility
- C) Sharing control over expertise
- D) Obtaining needed skills or resources more quickly
All of the following are arrangements of collaboration EXCEPT:
- A) Spillover
- B) Outsourcing
- C) Joint Venture
- D) Licensing
Whether a firm chooses to engage in solo development or collaboration will be influence by which of the following?
- A) Controlling technology development and use
- B) Availability of Capabilities
- C) Protecting Proprietary technologies
- D) All of the given options
Collaboration can enable firms to achieve --------- however, requires to --------------.
- A) Less, share control over technologies
- B) None of the given options
- C) More, conceal expertise from partners
- D) More, share control over technologies
All of the following are true for trade secrets except:
- A) The firm must take all possible measures to keep it secret
- B) It should not be known to others or general public
- C) It is protecting the secrecy itself
- D) It is the legal right to use the work of someone
Which of the following is the information of the business that is not known to others and is intended to be kept secret?
- A) Patents
- B) Trademark
- C) Trade secret
- D) Copy right
In which of the following, the firm is not bound to disclose the secret or information in order to register it?
- A) Copy right
- B) Patents
- C) Trademark
- D) Trade secret
---------- is a technique that helps determine the amount to be invested in various projects within an organization, based on the resources available and the value of the projects.
- A) Research and Development
- B) Qualitative Research
- C) Quantitative Research
- D) Rationing Capital
All of the following are true for copyrights EXCEPT:
- A) It is the legal right to use the work of someone
- B) An idea which is not written somewhere can get copyrights
- C) Copyright limits or restricts other from making copies
- D) People working in the software industry also require copyrights
Organization A and B have decided to go for collaboration and establish a new separate legal entity named as C. This is the example of which of the following?
- A) Outsourcing
- B) Joint venture
- C) Licensing
- D) Collective Research Organization
What is a characteristic of a lightweight team?
- A) The team is small in size
- B) It costs less to run
- C) The project manager has limited decision-making power
- D) The project is unimportant
Diversity is related closely to which of the following?
- A) Success
- B) Leadership
- C) Teamwork
- D) Creativity