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 usually engaged in the provision of intangible products which cannot be seen or felt.
2 / 50
2. _______are samples, coupons, push money, discount, specialties, competition, exhibition etc
3 / 50
3. _________ can be defined as a non- personal paid form of sales presentation through various media by an identified sponsor.
4 / 50
4. _______ is the technique of pricing based on the manufacturing cost and the allocated operation overheads of the product
5 / 50
5. _____ is a set of activities, which leads to the manufacturing of goods or provision of services to satisfy the consumers at a profit
6 / 50
6. Goods purchased in huge quantity from producers and resell to retailers is known as ____________
7 / 50
7. A firm could also fix a product price in order to promote its entire product-line.
8 / 50
8. _________ refers to the merging of companies to form an organized whole
9 / 50
9. ____ refers to the process of leading and influencing the task-related activities of members of the organization.
10 / 50
10. ______the movement of goods through the air by aircrafts
11 / 50
11. The type of partnership business where the liability of members is hot restricted to their investment. is known as ________
12 / 50
12. ______ 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.
13 / 50
13. Private companies have minimum of two and a maximum of _____ persons
14 / 50
14. _________is an association of individuals, artificial being, invisible, intangible and only existing in the contemplation of law.
15 / 50
15. The association of individuals, artificial being, invisible, intangible and only existing in the contemplation of law is called ________
16 / 50
16. _________ venturers tend to be loosely committed to particular ventures but dedicated to enterprising as an ongoing activity.
17 / 50
17. __________ regulates the powers of the company and fixes its objects in relation to the outside world.
18 / 50
18. _________ is the determination of objective and the possible strategies to accomplishing it.
19 / 50
19. __________ is the amount of capital a firm can issue might not necessarily be the value of shares issued.
20 / 50
20. _________ is a systematic way of doing things.
21 / 50
21. __________ involves the coordination of human and material resources toward objective accomplishment.
22 / 50
22. Goods that are meant for further production or for the routine operations of a business firms are called ____
23 / 50
23. __________ is when the general public is invited to buy shares.
24 / 50
24. Partnership is a form of business owned by a minimum of two and a maximum of _______ persons
25 / 50
25. ____ a form of business where two or more parties come together to undertake a particular business transaction for a common benefit.
26 / 50
26. The process of purchase of goods in huge quantity from producers and their resale to retailers is known as _________
27 / 50
27. A type of company managed by a board of directors is known as__________
28 / 50
28. _________ is when a firm initially charges a high price on a product and thereafter brings the price low to accommodate the price elastic segments of the market.
29 / 50
29. A _________ business includes sole proprietorship and partnership.
30 / 50
30. _________ 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.
31 / 50
31. _________ venture recovers a portion of its costs through sales of its goods or services.
32 / 50
32. __________ is the physical nature of a product upon which competition is made.
33 / 50
33. ________ is usually engaged in the provision of intangible products which cannot be seen or felt.
34 / 50
34. Publicity is a non-paid commercially significant news or editorial comments about ideas, product or institution.
35 / 50
35. __________ is the movement and handling of goods from the point of production to the point of consumption.
36 / 50
36. _________ 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.
37 / 50
37. _________ concept is a business philosophy which states that customer's want satisfaction is the social and economic justification for a firm's existence.
38 / 50
38. The purchase and sale of goods between two countries are called __________
39 / 50
39. The purchase of goods or services from the wholesalers and selling in small quantity to the ultimate consumers is known as ________
40 / 50
40. Purchase of goods from foreign countries to be sold in the home country is called _______
41 / 50
41. __________ is especially committed to continual elaboration of his enterprise, but this requires maintenance of the structural foundations as well.
42 / 50
42. Which one of the following is NOT a social venture as defined by Elkington and Hartigan (2007).
43 / 50
43. Which one of the following is NOT an advantage of a partnership.
44 / 50
44. Goods produced by an industry which are further processed into finished products by another concern are called ______
45 / 50
45. _________ 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.
46 / 50
46. __________ is the pricing method that calls for setting a price based on consumer perception and demand intensity of the product.
47 / 50
47. When a firm charges a low price on its product to gain market acceptance, it is NOT practicing penetration pricing.
48 / 50
48. 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.
49 / 50
49. __________ are stored in safe places and are released as and when demanded in the market.
50 / 50
50. __________ has a relatively short attention span and a chronic need to explore new avenues of experience.
Restart quiz
Rate this quiz
