ENT204




Category: ENT204

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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

1 / 50

1. _______ Factors such as the economy, the weather, and changes in consumer tastes often have a dramatic effect on a business.

2 / 50

2.  Which one of the following is NOT a mechanism for change according to Lewin's model.

3 / 50

3. Team work allows work organization to blend people with different kinds of knowledge together, without differences rupturing the fabric of the organization.

4 / 50

4. Quality is an abstract construct used to measure services and products. True or False.

5 / 50

5. ________ this is an evaluative phase.

6 / 50

6. ________________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.

7 / 50

7.  Entrepreneurs do NOT face uncertain and irregular incomes.

8 / 50

8. Work teams develop over time and go through _________ distinct stages of development.

9 / 50

9. Many successful entrepreneurs succeeded only after they had __________ several times.

10 / 50

10. Will it be true to say that members of some ethno-cultural groups typically have a higher rate of business formation and ownership than do others? Yes or No.

11 / 50

11. Entrepreneurs often see things in a holistic sense; they can see the big pictur when others see only the parts.

12 / 50

12. New _______creation is fraught with risk and financing of such ventures is referred to as risk Capital.

13 / 50

13. ________and Innovation are understood as the combination of the concept of entrepreneurship.

14 / 50

14. Work teams can exist in isolation.

15 / 50

15. Poor investment decisions, dividend policy and other financing decisions affects the ______________of firm.

16 / 50

16. Work team offers the potential and prospect for positive growth and development in the area of entrepreneurial development.

17 / 50

17. Some entrepreneurs adjust to the growing business and use their skills to build a company that is strong enough to let the founder be entrepreneurial again.

18 / 50

18. ____________“ascribes the inculcation of’ the achievement motive to child rearing practices which stress standard of excellence, maternal warmth, self-reliance training and a low father dominance”. .

19 / 50

19. The cooperative societies sell their products to outsiders only in debts. True of False

20 / 50

20. Entrepreneurs are often_________________, and striving for excellence, or “perfection,” helps make the business successful.

21 / 50

21. Which of the following is Characteristics of a Well Functioning Work Team.

22 / 50

22.  _________ sessions focus on which ideas are likely to work and how can they be tested for verification.

23 / 50

23. Which one of the following is NOT a disadvantage of Entrepreneurship.

24 / 50

24. New venture creation is fraught with risk and financing of such ventures is referred to as risk capital.

25 / 50

25.  Which one of the following is NOT among the factors affecting team building.

26 / 50

26. The factors that define capabilities and disabilities evolve over time - they start in resources, then move to visible, articulated processes and values, and finally migrate to culture.

27 / 50

27. _________ patterns are determined by reinforcing and aversive stimuli present in the societal context, such rewards and punishments not being limited to the child-rearing period entrepreneurial behaviour.

28 / 50

28. Which of the following are approaches to organizational effectiveness.

29 / 50

29. __________________has been defined as a person’s belief in his or her capability to perform a task.

30 / 50

30. Successful entrepreneurs are independent. They want to make their own _______________

31 / 50

31. An entrepreneur must NOT have more than a casual interest in the business because he or she must overcome many hurdles and obstacles.

32 / 50

32. “Successful entrepreneurs don’t have failures. They have learning ______________”.

33 / 50

33. _________ role ensures that the work team will spend time discussion ideas around the problems being faced.

34 / 50

34. Performance of the entrepreneur is contingent on _________ factors

35 / 50

35. Thurley (1979) described the following _________approaches to managing change.

36 / 50

36.  __________ has become an increasingly common practice, an opportunity for small firms.

37 / 50

37. The concept of entrepreneurship does NOT involve the consideration of a number of opportunities to enhance living standards and business profits.

38 / 50

38.  Sociological approach does not try to explain the social conditions from which entrepreneur emerge and the social factors that influence their decision to become entrepreneurs.

39 / 50

39. Many companies that are started by ____________go out of business few years after their establishment. These companies often fail because of poor Planning.

40 / 50

40. Which of the following according to Thurley (1979) described the five approaches to managing change.

41 / 50

41. 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

42 / 50

42. Entrepreneurs are _____ in their abilities and the business concept.

43 / 50

43. The concept of an entrepreneur is further refined when principles and terms from a business, managerial, and personal perspective are considered.

44 / 50

44. ________ involves regularly reviewing mistakes in a non-recriminatory way and establishing guidelines to prevent them from reoccurring.

45 / 50

45. ________ is the process of helping the work team become more effective in accomplishing its tasks/roles and in satisfying the needs of the team members.

46 / 50

46. The entrepreneur must have more than a casual________________ in the business because he or she must overcome many hurdles and obstacles.

47 / 50

47. To the general public, change is often frightening and is something to be avoided, ___________________, however, see change as normal and necessary.

48 / 50

48. Entrepreneurship is a ________________ activity

49 / 50

49. Sufficient capital is required to buy the needed fixed assets for a firm.

50 / 50

50. ________ addresses the output aspects of any decision.

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