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. Which one of the following is the first step in the entrepreneurial process?
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2. Which one of the following is NOT the intrapreneurial leadership characteristic?
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3. Which of the following source of capital is relatively faster and less costly than other funding?
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4. Which of the followings is NOT followed in brainstorming?
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5. _________ is a party that makes an investment into one or more categories of assets, equity, debt securities, real estate, currency, commodity, derivatives such as put and call options with the objective of making a profit.
6 / 50
6. Licensing is a significant marketing strategy to _________
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7. Having less than 50 percent of equity share in an international venture is called ___________
8 / 50
8. The activity which occurs when the new venture is started are called _______
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9. Which one of the following is used to identify opportunity?
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_________is the social link that promote or hinder entrepreneurship.
11 / 50
11. Female entrepreneurs differ from male entrepreneurs in terms of all of the following EXCEPT
12 / 50
The individual who creates a new firm and continues to manage it until it is successful is known as________
13 / 50
13. Which of the following statements about the entrepreneurial climate is (are) true?
14 / 50
14. An enterprise is an activity or a project that produces services or _______
15 / 50
15. The situation analysis is ________
16 / 50
_______ is the biggest hurdle in starting and growing a business.
17 / 50
Entrepreneurs that collect and sell electronic information are called____________
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18. Which of the following areas are preferred by women entrepreneurs?
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19. Which one of the following is the process of entrepreneurs developing new products that over time make current products obsolete?
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A good that will benefit a large number of people I the largest possible way is known as________
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21. Which of the following is NOT included in the opportunity evaluation process?
22 / 50
22. Being one's own boss is a need of _________
23 / 50
The ease in acquiring funds and its cost is known as ____ of financial market development
24 / 50
24. Which of the following factors has allowed small companies to act like they are big ones?
25 / 50
25. Which one of the following is the primary cause of failure in small businesses?
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26. A type of private equity, a form of financing that is provided to small, early-stage, emerging firms that are deemed to have high growth potential, or which have demonstrated high growth (in terms of number of employees, annual revenue, or both) is known as ________
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27. _______ 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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28. The assessment of the needed resources by the entrepreneur starts with.
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29. Which of the following makes the formation of new venture difficult within a corporate culture?
30 / 50
30. Which of the following is alternatively called corporate venturing?
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Entrepreneurs should take_________ risks
32 / 50
32. All of the following are essentials to maintain secrecy, EXCEPT.
33 / 50
Opportunistic entrepreneurs establish business for _________ and expansion
34 / 50
34. An individual's need to be recognized is called ________
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35. In setting marketing goals and objectives the entrepreneur must ________
36 / 50
Imitation is a problem of Nigerian SMEs. True OR False
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37. 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.
38 / 50
The Marxian school sees ________ as the most important factor of production
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____ school sees entrepreneur as the most important factor of production
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40. The development of a new venture based on an inventor's work often requires ________.
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41. Before developing the pro forma income statement, the entrepreneur should _________
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42. Which one of the following is NOT an environmental factor for an entrepreneur?
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43. Gazelles are the firms with _________
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44. Which one of the following is NOT TRUE about male entrepreneurs?
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The _______ is an entrepreneur whose business involve high technology
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46. Which of the following factor does not affect a person for being an entrepreneur?
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__________is a social network
48 / 50
The amount of money an initiator invests in a business is called _________ capital.
49 / 50
49. Trade barriers cause ____________
50 / 50
50. The activities which occur when the new venture is started are called ________
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