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!
ENT202
1 / 50
1. __________ is especially committed to continual elaboration of his enterprise, but this requires maintenance of the structural foundations as well.
2 / 50
2. Elkington and Hartigan (2007) define ______ models for social ventures.
3 / 50
3. __________ has a relatively short attention span and a chronic need to explore new avenues of experience.
4 / 50
4. ______ is the process of arranging and all locating work, authority, and resources among an organization ‘s members so they can achieve the organization ‘s goals.
5 / 50
5. The memorandum of Association regulates the powers of the company and fixes its objects in relation to the outside world. True or False____?
6 / 50
6. Marketing functions can be divided into exchange functions, facilitating functions, and _________
7 / 50
7. ____ refers to the process of leading and influencing the task-related activities of members of the organization.
8 / 50
8. _________ generates profits, but rather than return those profits to shareholders, like business ventures, it reinvests those profits to further the social venture and the resulting social benefits.
9 / 50
9. __________ regulates the powers of the company and fixes its objects in relation to the outside world.
10 / 50
10. Which one of the following is NOT an advantage of a partnership.
11 / 50
11. _________ venture recovers a portion of its costs through sales of its goods or services.
12 / 50
12. Organizations do NOT contribute to the present standards of living of people worldwide.
13 / 50
13. A _________ business includes sole proprietorship and partnership.
14 / 50
14. The risk of damage of goods due to fire, flood, earthquake or other causes us covered by _________
15 / 50
15. Examples of convenience goods are bread, biscuits, pure water, newspapers, chew-gum etc. True OR False ____
16 / 50
16. The objective of promotion is described as ______
17 / 50
17. _________ is a form of business where two or more parties come together to undertake a particular business transaction for a common benefit.
18 / 50
18. Which one of the following is NOT a social venture as defined by Elkington and Hartigan (2007).
19 / 50
19. __________ is the physical nature of a product upon which competition is made.
20 / 50
20. _________ is a pricing strategy whereby a high price is set on a product in order to enhance the quality or image of the product-line.
21 / 50
21. __________ is the type of partnership in which the liabilities of the partners are restricted to the business .assets in case the business fails in a welter of indebtedness.
22 / 50
22. Partnership is a form of business owned by a minimum of two and a maximum of _______ persons
23 / 50
23. _________is an association of individuals, artificial being, invisible, intangible and only existing in the contemplation of law.
24 / 50
24. __________ as the name signifies are engaged in the construction of building, canals, brides, dams, roads etc.
25 / 50
25. _________ can be defined as a non- personal paid form of sales presentation through various media by an identified sponsor.
26 / 50
26. _________ are essentially one-time venturers who having established their autonomous enclaves, will simply act to maintain them into the indefinite future.
27 / 50
27. _________ refers to the merging of companies to form an organized whole
28 / 50
28. Shell Petroleum Development Company and the Nigerian Government is an example of _______
29 / 50
29. _________ is the pricing method whereby a predetermined percentage is added to the cost of a product in order to determine its price.
30 / 50
30. ________ is usually engaged in the provision of intangible products which cannot be seen or felt.
31 / 50
31. _________ are sent to the Registrar of companies at the same time with the; Memorandum of Association.
32 / 50
32. Goods produced by an industry which are further processed into finished products by another concern are called ______
33 / 50
33. __________ is usually engaged in the provision of intangible products which cannot be seen or felt.
34 / 50
34. The purchase and sale of goods between two countries are called __________
35 / 50
35. The major differences between private and public companies are the number of __________ and the issuing of shares.
36 / 50
36. A type of company managed by a board of directors is known as__________
37 / 50
37. _________is the process of buying and selling of goods
38 / 50
38. _______ is the technique of pricing based on the manufacturing cost and the allocated operation overheads of the product
39 / 50
39. A document that contains a model partnership agreement is called__________?
40 / 50
40. A business is a set of activities, which leads to the manufacturing of goods or_________
41 / 50
41. __________ is when the general public is invited to buy shares.
42 / 50
42. Mark-up pricing is commonly used by manufacturers, wholesalers and retailers True/False?
43 / 50
43. __________ involves the coordination of human and material resources toward objective accomplishment.
44 / 50
44. _________ is the process of leading and influencing the task-related activities of members of the organization.
45 / 50
45. _________ are those industries which extract, raise or fabricate raw materials from above or beneath surface of the earth.
46 / 50
46. The process of using available resources to achieve stated organizational objective by directing and controlling the efforts of the organizational members is called _________
47 / 50
47. Prospectus is an offer of shares to the public and must also be sent to the Registrar of Companies. True or False_____?
48 / 50
48. _________ business is the type of business organization that is formed without any formal authority from an existing government.
49 / 50
49. _________ involves a liaison between existing private and public organizations each of which is able to contribute highly specialized services or facilities to the common enterprise, which is usually of major industrial significance.
50 / 50
50. _________ of Companies will issue a Certificate of Incorporation
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