MGT602 Current Midterm Paper Fall 2013 Shared by Fighting Falcon Shakeel File 8

Fighting Falcon Shakeel on December 22, 2013 at 5:50pm

3 Marks Qs were:

1. What characteristics of entrepreneur were explained by McClelland?

2. Customers are not satisfied with the product of XYZ company. There are lot of defects in the product and company has not taken any steps to address the issue. Now the customers have decided to sue the case. What all are the categories of of claims which fall under the product safety and liability. What could be the best category for the customers to sue the case. Give solid reasons. 

3. What is the business patents, give an example.

 2 Qs of 5 Marks were:

1. Most of the small enterprises of advanced countries have introduced high technology and are using IT to look like large enterprises. Unfortunately, this is not the case with Pakistani Companies. In your opinion what could be the hindrances and problems for Pakistani Companies. Give at least 5 reasons.

2. Proctor and Gamble is providing homogeneous products in whole of the world to hits customers. what benefits it is achieving to do such type of business.