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
1 / 50
1. Which of the following factors has allowed small companies to act like they are big ones?
2 / 50
NERFUND was establish in the year ____________
3 / 50
3. Professional support network includes following EXCEPT
4 / 50
4. To Drucker, an entrepreneur is the only one who always searches for change, responds to it and exploits it as an ________
5 / 50
5. Which of the following is alternatively called corporate venturing?
6 / 50
6. Which of the following system is necessary for expansion or elimination of intrapreneurial venture?
7 / 50
Entrepreneurs should take_________ risks
8 / 50
8. Which one of the following is the next stage to the Concept Stage of Product Planning and Development Process?
9 / 50
9. Which of the following plan describes market conditions and strategy related to ________
10 / 50
10. Which one of the following is the primary cause of failure in small businesses?
11 / 50
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?
12 / 50
_________ are otherwise called corporate stocks.
13 / 50
13. _________ is the selling of shares to existing shareholders.
14 / 50
14. Which of the following is an obstacle to going in international business?
15 / 50
15. Classical economists regarded land, labour, capital and entrepreneur as the main factors of _______
16 / 50
16. _______ is type of enterprise established by individual, corporate or government in order to provide essential service(s) while making profit or return.
17 / 50
17. The entrepreneur's_______________ depends on his perception of the opportunity.
18 / 50
18. The financial plan provides a complete picture of ________
19 / 50
Imitation is a problem of Nigerian SMEs. True OR False
20 / 50
Infropreneurs who earn commissions from selling information that is not their own as called____ traffickers
21 / 50
21. ________ is the first stage in the intrapreneurial development in organizations
22 / 50
22. Which one of the following is NOT TRUE about male entrepreneurs?
23 / 50
The individual who creates a new firm and continues to manage it until it is successful is known as________
24 / 50
24. Licensing is a significant marketing strategy to _________
25 / 50
25. A set of reasons for engaging in a particular behavior, especially human behavior is known as _____________.
26 / 50
26. Which of the following typical culture has a climate and reward system that favors conservative decision making?
27 / 50
The amount of money an initiator invests in a business is called _________ capital.
28 / 50
28. Which one of the following guide the firm through the long term decision making.
29 / 50
________ developed the three factor theory of motivation
30 / 50
30. In capital venture the stage provides financing to companies completing development where products are mostly in testing or pilot production is ___________
31 / 50
A good that will benefit a large number of people I the largest possible way is known as________
32 / 50
The system evolution of a product or service into newer and larger markets is called ____ innovation
33 / 50
_____________ is the reward for capital.
34 / 50
34. Individuals who help the entrepreneur in business activities are called __________
35 / 50
Entrepreneurs that collect and sell electronic information are called____________
36 / 50
The introduction of new products by a business is known as ____________
37 / 50
37. Gazelles are the firms with _________
38 / 50
38. All of the following are the broad categories of External forces EXCEPT
39 / 50
39. Female entrepreneurs differ from male entrepreneurs in terms of all of the following EXCEPT
40 / 50
40. ___________ Process of creating incremental wealth is called Entrepreneurship.
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41. 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 ________
42 / 50
The ease in acquiring funds and its cost is known as ____ of financial market development
43 / 50
The _______ is an entrepreneur whose business involve high technology
44 / 50
44. Glueck (1980) defined an entrepreneur as an individual who creates a new firm and continues to manage it until it is ________
45 / 50
45. Following are the types of non equity arrangements EXCEPT
46 / 50
____ school sees entrepreneur as the most important factor of production
47 / 50
47. Most important factor in forming a new business is _________
48 / 50
48. The resistance of employees in an organization against flexibility, growth, and diversification can be overcome by developing:
49 / 50
Recouping is an activity function of venture capitalist True OR False
50 / 50
A group of shares are called___________
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