ENT208

1. Fola Adeola and Tayo Aderinokun with his close friend, business partner and long-time confidant conceived the idea that gave birth to ______

2. Anna Phosa started her pig farm venture in 2004 in Soweto with about ______ in hand after she bought four pigs with that money and being introduced to pig farming by a close friend.

3.  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?

4. 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?

5. 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?

6.  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.

7. 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

8. Folorunsho Alakija (Africa's richest woman) started her business as an entrepreneur in a ___ bedroom flat in Surulere Lagos

9.  ______entrepreneurial strategy was to understand how a company worked - what made it superior to competitors and was predominately interested in a company's management and leadership as a major factor when deciding to invest

10. 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 ____

11. Orji Uzor Kalu strength as an entrepreneur was in his ability to ______ into many businesses

12. Bill Gates was a voracious reader as a child, spending many hours poring over reference books such as the encyclopaedia and started to showing interest in computer programming even from the age of 13

13.  ______ 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%.

14. Ten years after its founding, the Buffett Partnership owned by entrepreneur Warren Buffet assets were up more than 1,156% compared to the Dow's 122.9%. True or Fasle

15. Orji Uzor Kalu on suspension from school, left school, and proceeded to build a business and at the age of 19, Orji Uzor Kalu proceeded to borrow a ____ loan from his mother

16. How was Bill Gate able to stay the richest man as an entrepreneur till date

17. From the story of Michael Dell, organizational leadership is very important in an entrepreneurial firm considering the loss the company suffered?

18.  Jimoh Ibrahim is one of the wealthiest Nigerians and he has made billions of dollars from numerous investments in the following Industry except?

19. At _______ years old, Warren Buffet made his first investment, buying three shares of Cities Service Preferred at $38 per share. The stock quickly dropped to only $27, but Buffett held on tenaciously until they reached $40.

20. 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.

21. How many times should an entrepreneur who is passionate about a business keep trying even when he fails?

22. An entrepreneur does all the following except ________

23. Leo Stan Ekeh scored another first in 2001 when he set up Zinox Technologies Limited to manufacture _____, Nigeria's First Internationally Certified Branded Computers

24. Dr.Cosmos Maduka started his business from a meagre capital of ____ and today he has built an unimaginable business empire.

25.  An entrepreneur is involved in _________

26. ______ 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

27. What type of risks do entrepreneurs take?

28. Chief Cletus Ibeto started his business as an entrepreneur with _____

29. Chief Micheal Ade Ojo founded ______

30. Chief Michael Ade-Ojo of Elizade motors while at RT Brisco Group in just four months after he sealed a deal with Brisco sold about how many cars

31. Zenith International Bank founded by Jim Ovia was soon packing in customers as one of the new generation banks through the use of _________ and __________

32. Mark Zuckerberg co-founded the social-networking website Facebook out of his _______

33. Aliko Dangote as an entrepreneur and one who believes in diversification has its flagship product as Dangote ________

34. Walter Elias "Walt" Disney and his ______ Roy co-founded Walt Disney Productions, which became one of the best-known motion-picture production companies in the world.

35. Larry Ellison is a world class entrepreneur in the Information Technology Industry

36. ______ business interest spans over 90 countries and one of his companies account for 11.5% of Hong Kong's stock market value.

37.  _______ 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

38. ________ are those that have the ability to find and pursue a problem and solutions to them.

39.  The following are example of Nigerian entrepreneurs except?

40. 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?

41.  At the age of _____ Micheal Dell purchased an early Apple computer in order to take it apart to see how it worked.

42. 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

43. Sir Emeka Offor began his business career as an apprentice to his uncle and in 1994; he formed the Chrome Group, entering into Nigeria's oil and gas industry but his success came from his ______ of work

44. 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?

45. 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 _______

46. 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?

47. Oba Otudeko worked in banks for 23 years and slowly but steadily climbed up the ranks. He eventually became the General Manager and acting Chief Executive Officer of the erstwhile Cooperative Bank but never became well known until he established his company called _______

48. Prince Samuel Adedoyin as one of the richest Nigerian entrepreneurs and founder of Doyin group of companies and had to face the usual challenges of been born into a polygamous homes and eventual separation of his parent but he is able to cement his stand in the following industry except?

49. Which of the following are ALL characteristics of an entrepreneur?

50.  Dr.Cosmos Maduka's of Coscharis group gift is entrepreneurship. Starting from a meagre capital of _____ naira he has built an unimaginable business empire.