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!
ENT204
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1. Entrepreneurs believe that their success or failure depends on their own actions; This quality is known as an__________________________ locus of control.
2 / 50
2. Poor investment decisions, dividend policy and other financing decisions affects the ______________of firm.
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3. __________________has been defined as a person’s belief in his or her capability to perform a task.
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4. Christensen and Overdorf maintain that when an organization faces the same sort of problem that its processes and values were designed to address, managing can be straightforward.
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5. Taxation policy, Industrial policy, Sources of finance and raw materials, Infrastructure availability, Investment and marketing opportunities, are ________________incentives.
6 / 50
6. It is common for entrepreneurs to learn an _____________ while working for someone else.
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7. One study found that successful owners of manufacturing firms gathered more _________________about the business environment, and more often, than those who were less successful.
8 / 50
8. ________and Innovation are understood as the combination of the concept of entrepreneurship.
9 / 50
9. Which one of the following is a cause of corporate failure.
10 / 50
10. Members of the work-team diagnose how they work-together and plan changes that will affect their effectiveness.
11 / 50
11. Team learning is NOT fundamental to the performance of a team
12 / 50
12. Which one of the following is NOT a mechanism for change according to Lewin's model.
13 / 50
13. Entrepreneurs are NOT confident in their abilities and the business concept.
14 / 50
14. Some entrepreneur do NOT adjust to the growing business and use their skills to build a company that is strong enough to let the founder be entrepreneurial again.
15 / 50
15. Performance of the entrepreneur is contingent on _________ factors
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16. _________ is in the middle of the model because it is a shared responsibility of every team member.
17 / 50
17. Which one of the following is a factor that influences Entrepreneurship.
18 / 50
18. _______ Factors such as the economy, the weather, and changes in consumer tastes often have a dramatic effect on a business.
19 / 50
19. The concept of entrepreneurship does NOT involve the consideration of a number of opportunities to enhance living standards and business profits.
20 / 50
20. One of the reasons entrepreneurs are successful is that they have imagination and can envision ________________scenarios.
21 / 50
21. Which of the following is a component of a transformational leader.
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22. According to__________ the approach to strategic change is characterized a process of artfully blending �??formal analysis, behavioural techniques and power politics to bring about cohesive step-by-step movement towards ends which were initially conceived.
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23. ________ this is an evaluative phase.
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24. Entrepreneurship is derived from the _______ term "entreprendre" which means to undertake, to pursue opportunities, to fulfill the needs and wants through innovation and starting businesses.
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25. Entrepreneurship is a ________________ activity
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26. Many successful entrepreneurs succeeded only after they had failed several times.
27 / 50
27. Entrepreneurs are often_________________, and striving for excellence, or “perfection,” helps make the business successful.
28 / 50
28. Entrepreneurship and economic growth take place when the economic conditions are favourable.
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29. _________ is a process of engendering higher levels of motivation and commitment among followers.
30 / 50
30. Robson (1996) affirms that if government places a ban on importation of a firm�??s input, production will be impossible, especially when the existing stock of inputs are exhausted.
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31. Many companies that are started by ____________go out of business few years after their establishment. These companies often fail because of poor Planning.
32 / 50
32. Thurley (1979) described the following _________approaches to managing change.
33 / 50
33. _________ prescribed fourteen measures to cure the crisis of quality.
34 / 50
34. When thinking about starting a business. You can make a list of the things you like and dislike about similar_________________ or Products.
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35. New _______creation is fraught with risk and financing of such ventures is referred to as risk Capital.
36 / 50
36. Are cultural factors a determinant for success in business? Yes or No
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37. The process known as ________________________ the environment, allows the entrepreneur to see the entire business environment and the industry and helps to formulate the larger picture of the business activity
38 / 50
38. High production cost can result from over Employment of both human and resources.
39 / 50
39. When risk associated with investment decisions are not properly evaluated, the survival of a firm will be threatened.
40 / 50
40. New venture creation is fraught with risk and financing of such ventures is referred to as risk capital.
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41. The ________ cycle provides opportunities for continuous evaluation and improvement.
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42. ________ is when quality is defined in terms of cost and prices as well as number of other attributes.
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43. ________________argued that charismatic leader is constrained neither by tradition nor law and that his/her appeal is the very fact he/she undertakes to break the constraints imposed by established customs and roles in order to bring change.
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44. Nearly every authority on entrepreneurship recognizes the importance of self-motivation and self-determination for entrepreneurial success.
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45. To the general public, change is often frightening and is something to be avoided, ___________________, however, see change as normal and necessary.
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46. If government places a ban on importation of a firm’s input, Production will be impossible, especially when the existing stock of inputs are exhausted. True or False
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47. _________ sessions focus on which ideas are likely to work and how can they be tested for verification.
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48. _________ Quality triology emphasized the roles of quality planning, quality control and quality improvement.
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49. Entrepreneurs often see things in a holistic sense; they can see the ___________when others see only the parts.
50 / 50
50. Many successful entrepreneurs succeeded only after they had __________ several times.
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