ENT204

1. Which one of the following is a factor that influences Entrepreneurship.

2. Theories pounded by various scholars include: psychological, sociological and _________________

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

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

5. ____________“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”. .

6.  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.

7. Nearly every authority on entrepreneurship recognizes the importance of self-motivation and _______________for entrepreneurial success.

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

9. They also may fail because the entrepreneur chooses the wrong business or does not have entrepreneurial ______

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

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

12.  _________ stage involves what is the cause of the problem.

13. Entrepreneurship involves the creation process-creating something new of value.

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

15. ________ addresses the output aspects of any decision.

16. Which of the following is a Guideline for Effective Team Participation.

17. The entrepreneurial _________can also be discovered by keeping the Larger business and starting a second one.

18. Entrepreneurs believe that their success or failure depends on their own actions; This quality is known as an__________________________ locus of control.

19. 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

20. Team learning is NOT fundamental to the performance of a team

21. ________ is when quality is defined in terms of cost and prices as well as number of other attributes.

22. Autonomy is the idea for ______________and the freedom to make decisions.

23. 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.

24. 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.

25. One of the reasons entrepreneurs are successful is that they have imagination and can envision ________________scenarios.

26.  Which of the following is a component of a transformational leader.

27.  ________ is the process of meeting organizational objectives, prevailing societal expectations in the near future, adapting and developing in the intermediate future, and surviving in the distant future.

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

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

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

31. Which of the following is a characteristics of a successful Entrepreneur.

32. Michael Morris points out that the psychology and behavior of the entrepreneur may change as the _______________ evolves.

33. Which one of the following is a cause of corporate failure.

34. The accurate description of Weber's paradigm might be the development ethics and the spirit protestant ethic.

35. Are cultural factors a determinant for success in business? Yes or No

36. Nearly every authority on entrepreneurship recognizes the importance of self-motivation and self-determination for entrepreneurial success.

37. 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

38. ________ this is an evaluative phase.

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

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

41. _________ Quality triology emphasized the roles of quality planning, quality control and quality improvement.

42. Which one of the following is NOT an advantage of Entrepreneurship.

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

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

45. The life of an entrepreneur is_____________. No one is sating schedules or step-by-step processes for the entrepreneur to follow.

46. When _____________cost of a firm is on the high side, its products cannot compete favourably with other similar products in the market.

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

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

49.  Entrepreneurs do NOT face uncertain and irregular incomes.

50. Effectiveness is the ability to excel at one or more output goals.