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!
ENT208
1 / 50
1. Zuckerberg was not willing to sell out thereby turning down offers from companies such as Yahoo! and MTV Networks. Instead, he focused on expanding the site, opening up his project to outside developers and adding more features. Was the risk he took worth it?
2 / 50
2. _______ understanding of supply and demand extended outside of the classroom as his needing to make money to continue his education (he was paying his own tuition) made him start giving dance lessons which eventually led to him hosting a show and making money
3 / 50
3. The following are example of Nigerian entrepreneurs except?
4 / 50
4. Bill Gate and his partner Paul Allen together as entrepreneurs built the world's largest software business
5 / 50
5. ______ started working at RT Briscoe but later went on to acquire 100% of RT Briscoe in Nigeria, and subsequently acquired more shares, to make his total holdings in Toyota Nigeria Limited, sum up to 74%.
6 / 50
6. Carnegie saw _______ as a new material that would change the building and manufacturing landscape
7 / 50
7. Axel Fourie founder of iFix which now manufactures mobile phones and exports to 12 African countries start-up capital was how much?
8 / 50
8. Entrepreneurial thinkers and giants refers to individuals who possess the skills and ability to _____
9 / 50
9. An entrepreneur is involved in _________
10 / 50
10. Richard Branson as an entrepreneur believes so much in diversification and that's why the Virgin Group holds more than ______ companies
11 / 50
11. How was Bill Gate able to stay the richest man as an entrepreneur till date
12 / 50
12. Dele Fajemirokun has grown to become a renowned entrepreneur and prominent boardroom guru in his own right through _____
13 / 50
13. Nairaland, the largest online forum in Africa was founded by _____ who pursued his programming dream and his love for the internet
14 / 50
14. Leo Stan Ekeh scored another first in 2001 when he set up Zinox Technologies Limited to manufacture _____, Nigeria's First Internationally Certified Branded Computers
15 / 50
15. Characteristics of an entrepreneur include the following except ________
16 / 50
16. Which entrepreneur was sent to a master at Onitsha to be an apprentice when his father could not send him to school, was treated with an iron hand by his trade master but today owns one of the biggest spare part manufacturing companies in Nigeria?
17 / 50
17. Aliko Dangote took interest very early in entrepreneurship and the first funding he got for his business was through ______ from his grandfather
18 / 50
18. Jason Chukwuma Njoku is a British-born Nigerian entrepreneur, film magnate and African start-up investor who founded Iroko TV on his ______ attempt at business
19 / 50
19. An entrepreneur does all the following except ________
20 / 50
20. Paul Getty of Getty Oil stated that "You must take risks, both with your own money or with borrowed money. Risk taking is essential to business growth." Is this true?
21 / 50
21. Jim Ovia's explanation for the tremendous success of Zenith was quite simple and it is ________
22 / 50
22. ______ started out his company in 2010 with a gift of $250 from his mother and it took him 8 months to make the first deal and his company is now worth more than $6 million in revenue
23 / 50
23. Which of the following are ALL characteristics of an entrepreneur?
24 / 50
24. Vincent Amaechi Obianodo being from a humble background with little to nothing to boast of, he moved to Kano in his teenage years in search of greener pastures. He learnt how to fix punctured tyres and started out as a vulcanizer but today he owns _______
25 / 50
25. Richard Branson struggled in school and dropped out at age 16 to pursue his dream as an entrepreneur, a decision that ultimately lead to the creation of ______
26 / 50
26. At the age of _____ Micheal Dell purchased an early Apple computer in order to take it apart to see how it worked.
27 / 50
27. Michael Dell as an entrepreneur started building computers and selling them directly to people focusing on what?
28 / 50
28. Vanderbilt with his visionary characteristics saw the shift in transportation to ____
29 / 50
29. Bill Gates's intelligence allowed him to be able to see all sides of the software industry product development and corporate strategy. How important is this for an entrepreneur?
30 / 50
30. ________ are those that have the ability to find and pursue a problem and solutions to them.
31 / 50
31. Chief Micheal Ade-Ojo of Elizade Group lost his job at CFAO Motors and British Petroleum (BP) to become an independent man and setup his company making him an ____
32 / 50
32. In spite of his wealth, Li Ka Shing has a reputation for living a______ lifestyle, and is known as the billionaire who wears cheap shoes and old watches.
33 / 50
33. JP Morgan is a great example of _______ in the way that he approached the loss of the Niagara Fall power plant contract as he never gave up
34 / 50
34. How many times should an entrepreneur who is passionate about a business keep trying even when he fails?
35 / 50
35. Chief Cletus Ibeto started his business as an entrepreneur with _____
36 / 50
36. _______ is regarded as one of the richest black people in the world even though his father was a teacher while his mother was a business woman and he today owns Globacom
37 / 50
37. Dr.Cosmos Maduka started his business from a meagre capital of ____ and today he has built an unimaginable business empire.
38 / 50
38. Intrigued by the expanding world of computers and gadgetry, Dell purchased an early Apple computer at the age of 15 for the strict purpose of taking it apart to see how it worked. As an entrepreneur, this characteristic is called what?
39 / 50
39. Chief Micheal Ade-Ojo in 1971 started the company, Elizade Independent Agencies (EIA), with his ____
40 / 50
40. Successful entrepreneurs found one way or the other to break the opportunity ice to eventually start and grow successful businesses. While larger challenges stand in-line waiting for new entrepreneurs, tenacity of purpose will always win. How true is this?
41 / 50
41. Dr.Cosmos Maduka father died when he was only 4 and this led to his mother being the only one catering for him. At the age of 7 when he was in Primary 3 he was withdrawn from school due to lack of resources so he resorted to _______
42 / 50
42. Ray Kroc became president of the McDonald's Corporation after he bought out the owners of the company entirely six years into operation by practising which entrepreneurial strategy?
43 / 50
43. One of Aliko Dangote's business strategies for succeeding in the commodity market was to develop a strong ______ network and make the delivery of his goods faster than that of his competitors.
44 / 50
44. Zinox Group salvaged the 2006 Voters' registration exercise by delivering _____ computer systems to INEC in 3 weeks and it was through Leo Stan Ekeh ingenuity
45 / 50
45. Jimoh Ibrahim is one of the wealthiest Nigerians and he has made billions of dollars from numerous investments in the following Industry except?
46 / 50
46. Who among the following is not a world class entrepreneur _________
47 / 50
47. The name of the entrepreneur whose success in the petroleum industry began when he noticed a gap in the process of procuring fuel while working with the Dangote Group is _____
48 / 50
48. Folorunsho Alakija (Africa's richest woman) started her business as an entrepreneur in a ___ bedroom flat in Surulere Lagos
49 / 50
49. What type of risks do entrepreneurs take?
50 / 50
50. From the story of Michael Dell, organizational leadership is very important in an entrepreneurial firm considering the loss the company suffered?
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