Course info

NATIONAL ECONOMICS UNIVERSITY

Faculty of Business Management
Enterprise Management Division

EXAMINATION 2021
ENGLISH FOR BUSINESS MANAGEMENT

Type: Full time
Exam place: National Economics University
Date: . Slot: 2
Time allowed: 60 minutes

Question 1 (2.5marks): Make a competitor analysis for your own dairy shop.
Question 2 (2.5 marks): What is entrance barrier of an industry. Give examples.
Question 3 (2.5 marks): Review and critique 3 operations strategy and give an examples.
Question 4 (2.5 marks): Choose the best answer for the following questions and give a short explanation:
4.1 A lifestyle firm is
a. A firm may grow after several years to 30 or 40 employees
b. A firm may grow after several years to 20 or 50 employees
c. A firm may grow after several years to 11 or 50 employees
d. A firm may grow after several years to 16 or 40 employees
4.2 The entrepreneurial process:
a. involves finding, evaluating, and developing an opportunity by overcoming the strong forces that resist the creation of something new.
b. involves finding, and developing an opportunity by overcoming the strong forces that resist the creation of something new.
c. involves evaluating, and developing an opportunity by overcoming the strong forces that resist the creation of something new.
d. All above are incorrect.
Notes:
1. Textbook, slides and notebooks only
2. Invigilators are not allowed to explain anything