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!
ENT203
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1. In capital venture the stage provides financing to companies completing development where products are mostly in testing or pilot production is ___________
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2. Which of the following typical culture has a climate and reward system that favors conservative decision making?
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3. The entrepreneur's_______________ depends on his perception of the opportunity.
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4. Which of the following system is necessary for expansion or elimination of intrapreneurial venture?
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5. ___________ Process of creating incremental wealth is called Entrepreneurship.
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6. Individuals who give psychological support to an entrepreneur are called ?
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7. Which one of the following is the process of entrepreneurs developing new products that over time make current products obsolete?
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8. An enterprise is an activity or a project that produces services or _______
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_________is the social link that promote or hinder entrepreneurship.
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Entrepreneurs that collect and sell electronic information are called____________
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11. An entrepreneur into the hosiery business found out the reason his hosiery was not selling was due to its color. What could be the best source of this information?
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_________ are otherwise called corporate stocks.
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_______is a business leader that uses political means to achieve his ends
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14. Which of the following techniques is an excellent method for initially screening ideas and concepts in addition to generating new ideas?
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15. Which one of the following is the fourth step in the entrepreneurial process?
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Imitation is a problem of Nigerian SMEs. True OR False
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17. _______ is type of enterprise established by individual, corporate or government in order to provide essential service(s) while making profit or return.
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The amount of money an initiator invests in a business is called _________ capital.
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19. Classical economists regarded land, labour, capital and entrepreneur as the main factors of _______
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Technology is a part of ____ capital
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21. Which one of the following is the primary cause of failure in small businesses?
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The individual who creates a new firm and continues to manage it until it is successful is known as________
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23. _________ may attract traffic to his/her site by manipulating their site to appear higher on search engine results.
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A group of shares are called___________
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25. The chief motivational factor for __________ entrepreneurs to leave jobs is the frustration of not being allowed to perform at the level of which they are capable.
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26. Licensing is a significant marketing strategy to _________
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27. In setting marketing goals and objectives the entrepreneur must ________
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The Marxian school sees ________ as the most important factor of production
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29. Which one of the following is the first step in the entrepreneurial process?
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30. Following are the types of non equity arrangements EXCEPT
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31. ________ is the life-blood of an organization
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32. Which of the followings is NOT followed in brainstorming?
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33. Which of the following factor does not affect a person for being an entrepreneur?
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34. The resistance of employees in an organization against flexibility, growth, and diversification can be overcome by developing:
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35. Which one of the following is used to identify opportunity?
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The introduction of new products by a business is known as ____________
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Recouping is an activity function of venture capitalist True OR False
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38. Before developing the pro forma income statement, the entrepreneur should _________
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39. Trade barriers cause ____________
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40. __________ believes that the sole function of entrepreneur is innovation
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41. Which of the following areas are preferred by women entrepreneurs?
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42. Which one of the following is NOT an environmental factor for an entrepreneur?
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____ school sees entrepreneur as the most important factor of production
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44. Which one of the following guide the firm through the long term decision making.
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The system evolution of a product or service into newer and larger markets is called ____ innovation
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The_______ entrepreneur continuously come up with new ideas and start new businesses
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47. The activities which occur when the new venture is started are called ________
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48. An entrepreneur into the hosiery business found out the reason his hosiery was not selling was due to its color. What could be the best source of this information?
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The definition of the entrepreneur as the individual who recognizes opportunities where others sees chaos and confusion was by Kurato and ____
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50. Which of the following is NOT included in the opportunity evaluation process?
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