ATTENTION:
Kindly note that you will be presented with 50 questions randomized from the NOUN question bank. Make sure to take the quiz multiple times so you can get familiar with the questions and answers, as new questions are randomized in each attempt.
Good luck!
GST302
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1. The need for a business plan includes all except: _________
2 / 50
2. The essence of _______ the external environment of business is in order to identify opportunities and threats
3 / 50
3. The entrepreneur can assess the internal environment of business by critically looking at the _________ and threats
4 / 50
4. An advantage of sole proprietorship is ___________
5 / 50
5. The minimum number required to start a sole proprietorship ________
6 / 50
6. The environment that recognizes the customs, traditions and value of the community is known as ________
7 / 50
7. One of the following is not an advantage of sole proprietorship
8 / 50
The concept environment literally means the surroundings, internal, intermediate and ________ influences or circumstances under which someone or something exists
9 / 50
9. Establishing and maintaining companies" registry and offices in all the states of the Federation is a function of __________
10 / 50
10. The scanning of the ____________ so as to identify the favourable and unfavourable conditions therein is swot analysis
11 / 50
11. ________ Is creative, looking to a future of greatness; it keeps the organization as well as individual motivated even if the founders are no longer in existence
12 / 50
12. The headquarters of the Corporate Affairs Commission is based in _____
13 / 50
13. One of the disadvantages of sole proprietorship _________
14 / 50
14. An entrepreneur must be open to criticism and be ready to __________
15 / 50
15. The entrepreneur can assess the internal environment of business by critically looking at the opportunities and threats.
16 / 50
16. The rate of interest that a bond pays to the bondholder is called the ___________
17 / 50
17. Threats from external environmental factors can come from: _______
18 / 50
18. Partnership formation requires minimum and maximum number of partners respectively _________
19 / 50
19. The entrepreneur can assess the internal environment of the business by critically looking at ___________
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20. One of the benefits of ________ is It justifies your plan and actions
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21. An agency that is concerned with the investigation of all financial crimes is …………………
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22. Ensuring that the use of narcotic drugs and psychotropic substances are limited to medical and scientific purpose is a function of __________
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23. The organisation that is concerned with the registration of Business in Nigeria is ……………
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24. The headquarters of the Corporate Affairs Commission is based in ________
25 / 50
25. Establishing and maintaining companies" registry and offices in all the states of the Federation is a function of __________
26 / 50
26. The organisation that is concerned with the registration of Business in Nigeria is ___________
27 / 50
27. The environment in the borderline between internal and external environment is __________
28 / 50
28. The entrepreneur can assess the internal environment of business by critically looking at the opportunities and ___________
29 / 50
29. The support systems that facilitate entrepreneurship process listed here are _________
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30. The essence of scanning the external environment of business is in order to identify ________
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31. The document that states all the terms of partnership is known as ________
32 / 50
32. The __________ environment prescribes acceptable principles and guides in business relationship
33 / 50
33. The essence of scanning the external environment of business is in order to identify ________
34 / 50
34. One of the following is not the promotional / supportive roles of Government?
35 / 50
35. ___________ is the reason for the organization's existence, a clear description of the activities of the organization
36 / 50
36. Ensuring that the use of narcotic drugs and psychotropic substances are limited to medical and scientific purpose is a function of _______
37 / 50
37. The three levels of Regulation in Nigeria are Federal, State and _________
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38. Opportunities in the political/legal environment could be ___________
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39. An agency that is responsible for providing advice, educate to public on and against bribery and corruption is _________
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40. ________ event is an event that will never happen
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41. The promotional and supportive roles of Government is revenue __________
42 / 50
42. An agency that is concerned with the investigation of all financial crimes is ___________
43 / 50
43. The …………… environment prescribes acceptable principles and guides in business relationship.
44 / 50
44. All of the following are the disadvantages of sole proprietorship except ________
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45. An __________ is simply a statement that two numbers are not equal.
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46. A written business plan should have all the following except _____________
47 / 50
47. Feature of vision is ________
48 / 50
48. The …………………. Was established by the Companies and Allied Matters Act (CAMA) 1990 as a corporate body with perpetual succession and a common seal.
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49. The entrepreneur can assess the internal environment of the business by critically looking at ________
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50. Entrepreneur can assess the external environment of the business by critically looking at the ___________
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