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. Quality is an abstract construct used to measure services and products. True or False.
2 / 50
2. Entrepreneurs are seen as those with high need for achievement (N-arch), _____________risk takers as well as those with Internal locus of control.
3 / 50
3. The cooperative societies sell their products to outsiders only in debts. True of False
4 / 50
4. Many successful entrepreneurs succeeded only after they had failed several times.
5 / 50
5. There is no consensus concerning the definition of entrepreneur but most include a willingness to take risks in the pursuit of an_________________.
6 / 50
6. When a company engages in over expansion, short term ____________will be immobilized thereby leading to Corporate failure.
7 / 50
7. The ________ cycle provides opportunities for continuous evaluation and improvement.
8 / 50
8. Which one of the following is NOT a mechanism for change according to Lewin's model.
9 / 50
9. Autonomy is the idea for ______________and the freedom to make decisions.
10 / 50
10. Transformational leadership is comprised of ________ basic components.
11 / 50
11. Which of the following is a characteristics of a successful Entrepreneur.
12 / 50
12. 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.
13 / 50
13. To the general public, change is often frightening and is something to be avoided, ___________________, however, see change as normal and necessary.
14 / 50
14. The concept of entrepreneurship involves the consideration of a number of opportunities to enhance ________________and business profits.
15 / 50
15. “Successful entrepreneurs don’t have failures. They have learning ______________”.
16 / 50
16. 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.
17 / 50
17. Adam Smith's book titled the "the wealth of nation" was written in _________ year.
18 / 50
18. The concept of entrepreneurship does NOT involve the consideration of a number of opportunities to enhance living standards and business profits.
19 / 50
19. _________ prescribed fourteen measures to cure the crisis of quality.
20 / 50
20. They also may fail because the entrepreneur chooses the wrong business or does not have entrepreneurial ______
21 / 50
21. Which one of the following is NOT an advantage of Entrepreneurship.
22 / 50
22. 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.
23 / 50
23. Work team offers the potential and prospect for positive growth and development in the area of entrepreneurial development.
24 / 50
24. Entrepreneurs often decide to start their own businesses in order to avoid having a boss. True of False
25 / 50
25. Entrepreneurs may develop a company to a mature phase and then hire a good team of managers to run the business on a daily basis.
26 / 50
26. A person who believes that fate, the economy, or other outside factors determine success has an ________________ locus of control and is not likely to succeed as an entrepreneur.
27 / 50
27. Taxation policy, Industrial policy, Sources of finance and raw materials, Infrastructure availability, Investment and marketing opportunities, are ________________incentives.
28 / 50
28. ____________“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”. .
29 / 50
29. The word entrepreneurship derived from _________ century.
30 / 50
30. Entrepreneurs are NOT confident in their abilities and the business concept.
31 / 50
31. Many successful entrepreneurs succeeded only after they had __________ several times.
32 / 50
32. Effectiveness is the ability to excel at one or more output goals.
33 / 50
33. When thinking about starting a business. You can make a list of the things you like and dislike about similar_________________ or Products.
34 / 50
34. Theories pounded by various scholars include: psychological, sociological and _________________
35 / 50
35. ________ is when quality is defined in terms of cost and prices as well as number of other attributes.
36 / 50
36. Which of the following is Characteristics of a Well Functioning Work Team.
37 / 50
37. Entrepreneurs are often_________________, and striving for excellence, or “perfection,” helps make the business successful.
38 / 50
38. Entrepreneurs do NOT face uncertain and irregular incomes.
39 / 50
39. Which of the following are approaches to organizational effectiveness.
40 / 50
40. _________ viewed entrepreneurship as an �??established way of doing business are destroyed by the creation of new and better ways to do them.
41 / 50
41. Which one of the following is NOT a type of work-team in an organization.
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42. _________ is in the middle of the model because it is a shared responsibility of every team member.
43 / 50
43. Sufficient capital is required to buy the needed fixed assets for a firm.
44 / 50
44. The entrepreneur must have more than a casual________________ in the business because he or she must overcome many hurdles and obstacles.
45 / 50
45. Which of the following according to Thurley (1979) described the five approaches to managing change.
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46. New _______creation is fraught with risk and financing of such ventures is referred to as risk Capital.
47 / 50
47. 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
48 / 50
48. __________________has been defined as a person’s belief in his or her capability to perform a task.
49 / 50
49. Entrepreneurs often see things in a holistic sense; they can see the ___________when others see only the parts.
50 / 50
50. The _____________ characteristics include extra-version, conscientiousness, agreeableness, openness, and neuroticism.
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