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
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1. ____ refers to the process of leading and influencing the task-related activities of members of the organization.
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2. __________ is when the general public is invited to buy shares.
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3. The process of buying and selling of goods within the edge of a country is called ________
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4. The major differences between private and public companies are the number of __________ and the issuing of shares.
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5. _________ engaged in reproducing and multiplying certain species of animals and plants and selling them in the market for profit are named as genetic industries.
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6. Commercial activities are classified as____________
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7. Which one of the following is NOT a Long-term character of a venture?
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8. A document that contains a model partnership agreement is called__________?
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9. Purchase of goods from foreign countries to be sold in the home country is called _______
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10. The selling function is the very heart of marketing. True of False __________?
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11. _________ is the least predictable of entrepreneurial types in terms of his long-term commitment to venture.
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12. _________ 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.
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13. __________ are those which are concerned of converting raw material or semi finished products into finished products. E.g. Shoes Company, Textiles Mills.
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14. __________ function of marketing involves the buying and selling.
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15. __________ is the capital requirement of a firm by the registrar of companies or the corporate Affair of a business.
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16. _____ is a set of activities, which leads to the manufacturing of goods or provision of services to satisfy the consumers at a profit
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17. __________ is the determination of objective and the possible strategies to accomplishing it.
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18. ________ is a partner who had retired from the partnership leaving his capital in the business as loan, which attracts interest varying with the profit.
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19. An act of separating market into groupings with related consumers needs and wants so that the appropriate marketing programmes are designed for each group is called _________
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20. ____ is the movement of goods through head- loaded by human porter
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21. The four specific functions of managers are planning, organizing, directing and __________
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22. In case the goods produced by an industry are further processed into finished products by another concern they are known as _________
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23. Marketing functions can be divided into exchange functions, facilitating functions, and _________
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24. Publicity is a non-paid commercially significant news or editorial comments about ideas, product or institution.
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25. A firm could also fix a product price in order to promote its entire product-line.
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26. The process of purchase of goods in huge quantity from producers and their resale to retailers is known as _________
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27. ________ is usually engaged in the provision of intangible products which cannot be seen or felt.
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28. The risk of damage of goods due to fire, flood, earthquake or other causes us covered by _________
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29. __________ involves the coordination of human and material resources toward objective accomplishment.
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30. ____ a form of business where two or more parties come together to undertake a particular business transaction for a common benefit.
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31. The word ____ refers to that part of business activities which is apprehensive with the extraction, production or fabrication of products.
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32. ________ may be structured in many forms, including sole proprietors, for-profit and not-for-profit firms, non-governmental organizations, youth groups, community organizations, and more.
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33. __________ venture the entrepreneur uses external partners for financial support in providing a public good.
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34. ________ is a partner who has an invested capital in the business and participates actively in running the affairs of the business.
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35. _________ refers to the merging of companies to form an organized whole
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36. _________ can be defined as a non- personal paid form of sales presentation through various media by an identified sponsor.
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37. _________ is the process of stimulating and increasing sales through market awareness and customer service.
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38. _______ is the relationship, which subsists between persons carrying on a business in common with a view of profit
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39. _________ is the pricing method whereby a predetermined percentage is added to the cost of a product in order to determine its price.
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40. _________ involves the purchase of goods from foreign countries to be sold in the home country.
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41. The full procedure for formation, registration, and filing of specific documents and returns of companies whether private or public companies in Nigeria is NOT governed by the Companies Decree No.51 of 1968.
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42. __________ are stored in safe places and are released as and when demanded in the market.
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43. _________ 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.
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44. __________ is the physical nature of a product upon which competition is made.
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45. ____is concerned with adding services to the core and formal products.
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46. _________ is the process of leading and influencing the task-related activities of members of the organization.
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47. A business is a set of activities, which leads to the manufacturing of goods or_________
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48. _________ is the part of a product that gives utility or satisfaction to the consumer.
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49. __________ is concerned with adding services to the core and formal products.
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50. The type of partnership business where the liability of members is hot restricted to their investment. is known as ________
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