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. Entrepreneurs often decide to start their own businesses in order to avoid having a boss. True of False
2 / 50
2. Which one of the following is NOT among the factors affecting team building.
3 / 50
3. Are cultural factors a determinant for success in business? Yes or No
4 / 50
4. It is essentially a desirable adaptation in creating a sharper vision and engender better approaches to performance delivery in this changing business environment.
5 / 50
5. Which of the following are approaches to organizational effectiveness.
6 / 50
6. Appropriate commercial sales policies often do not have adverse effects that could lead to debt build up and subsequent liquidity problems. True or False
7 / 50
7. 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.
8 / 50
8. Which of the following stages is involved in team building.
9 / 50
9. Entrepreneurs often define the ___________early in the process and minimize them to the extent possible.
10 / 50
10. Which one of the following is NOT a disadvantage of Entrepreneurship.
11 / 50
11. Work team offers the potential and prospect for positive growth and development in the area of entrepreneurial development.
12 / 50
12. __________________planning is an essential part of the concept of entrepreneurship and effective application helps to ensure successful operation.
13 / 50
13. Many successful entrepreneurs succeeded only after they had failed several times.
14 / 50
14. To the general public, change is often frightening and is something to be avoided, ___________________, however, see change as normal and necessary.
15 / 50
15. __________ is an instrument of sustained and enduring success in business ventures.
16 / 50
16. Michael Morris points out that the psychology and behavior of the entrepreneur may change as the _______________ evolves.
17 / 50
17. ________ involves regularly reviewing mistakes in a non-recriminatory way and establishing guidelines to prevent them from reoccurring.
18 / 50
18. 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.
19 / 50
19. Entrepreneurs are often_________________, and striving for excellence, or “perfection,” helps make the business successful.
20 / 50
20. The ________ cycle provides opportunities for continuous evaluation and improvement.
21 / 50
21. Which one of the following is NOT an advantage of Entrepreneurship.
22 / 50
22. “Successful entrepreneurs don’t have failures. They have learning ______________”.
23 / 50
23. When thinking about starting a business. You can make a list of the things you like and dislike about similar_________________ or Products.
24 / 50
24. Adam Smith's book titled the "the wealth of nation" was written in _________ year.
25 / 50
25. _________has been defined as a person's belief in his or her capability to perform a task.
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. 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.
28 / 50
28. Which one of the following is NOT a mechanism for change according to Lewin's model.
29 / 50
29. When risk associated with investment decisions are not properly evaluated, the survival of a firm will be threatened.
30 / 50
30. When _____________cost of a firm is on the high side, its products cannot compete favourably with other similar products in the market.
31 / 50
31. The accurate description of Weber's paradigm might be the development ethics and the spirit protestant ethic.
32 / 50
32. 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
33 / 50
33. Poor investment decisions, dividend policy and other financing decisions affects the ______________of firm.
34 / 50
34. _________ role ensures that the work team will spend time discussion ideas around the problems being faced.
35 / 50
35. It is common for entrepreneurs to learn an _____________ while working for someone else.
36 / 50
36. Team learning is NOT fundamental to the performance of a team
37 / 50
37. __________ theory states that changes in attitudes lead to changes in behaviour.
38 / 50
38. Entrepreneurship involves the creation process-creating something new of value.
39 / 50
39. Which one of the following is NOT among the 3 factors that affect organizational responses to different changes according to Christensen and Overdorf.
40 / 50
40. An entrepreneur must NOT have more than a casual interest in the business because he or she must overcome many hurdles and obstacles.
41 / 50
41. When faced with a growing company, the entrepreneur often makes a conscious decision to limit company growth or even reduce the company size.
42 / 50
42. 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.
43 / 50
43. Performance of the entrepreneur is contingent on _________ factors
44 / 50
44. Entrepreneurs do NOT face uncertain and irregular incomes.
45 / 50
45. Thurley (1979) described the following _________approaches to managing change.
46 / 50
46. The concept of entrepreneurship involves the consideration of a number of opportunities to enhance ________________and business profits.
47 / 50
47. Quality is an abstract construct used to measure services and products. True or False.
48 / 50
48. Autonomy is the idea for ______________and the freedom to make decisions.
49 / 50
49. The entrepreneurial _________can also be discovered by keeping the Larger business and starting a second one.
50 / 50
50. High production cost can result from over Employment of both human and resources.
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