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. _________ are sent to the Registrar of companies at the same time with the; Memorandum of Association.
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2. A public corporation enjoys a substantial advantage over other forms of public enterprises.
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3. __________ has a relatively short attention span and a chronic need to explore new avenues of experience.
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4. _________ business that is formed and owned, by one man and members of his immediate family.
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5. The balance of share capital that is yet to be paid by a subscriber which was voluntarily made so by the firm is called_________
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6. __________ is the technique of pricing based on the manufacturing cost and the allocated operation overheads of the product.
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7. __________ are stored in safe places and are released as and when demanded in the market.
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8. If the goods are used for further production of wealth they are called _________
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9. __________ 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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10. _________ is the least predictable of entrepreneurial types in terms of his long-term commitment to venture.
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11. Organizations do NOT contribute to the present standards of living of people worldwide.
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12. ________ 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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13. _________ involves pricing a product at the average level charged in the industry.
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14. A type of company managed by a board of directors is known as__________
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15. _________ refers to the merging of companies to form an organized whole
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16. ________ is a kind of storeroom.
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17. 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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18. ____ is the movement of goods through head- loaded by human porter
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19. ________ 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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20. _________ venture recovers a portion of its costs through sales of its goods or services.
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21. __________ is the movement and handling of goods from the point of production to the point of consumption.
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22. ________ is usually engaged in the provision of intangible products which cannot be seen or felt.
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23. _________ 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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24. _______ is the technique of pricing based on the manufacturing cost and the allocated operation overheads of the product
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25. __________ is the pricing method that calls for setting a price based on consumer perception and demand intensity of the product.
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26. The purchase of goods or services from the wholesalers and selling in small quantity to the ultimate consumers is known as ________
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27. The four specific functions of managers are planning, organizing, directing and __________
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28. _________ refers to that part of business activities which is apprehensive with the extraction, production or fabrication of products.
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29. __________ function of marketing involves the buying and selling.
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30. Interactive process between a seller and a potential buyer for exchange transaction of goods and services ___________
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31. Goods that are meant for further production or for the routine operations of a business firms are called ____
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32. _________ is 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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33. There are __________ different types of meeting are stated in the articles of association.
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34. __________ is the determination of objective and the possible strategies to accomplishing it.
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35. The word ____ refers to that part of business activities which is apprehensive with the extraction, production or fabrication of products.
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36. _________ is a systematic way of doing things.
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37. Shares subscription is when the general public is invited to buy_________
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38. ___________ is an offer of shares to the public, and must also be sent to the Registrar of Companies.
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39. __________ involves the coordination of human and material resources toward objective accomplishment.
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40. __________ is the capital requirement of a firm by the registrar of companies or the corporate Affair of a business.
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41. __________ is when the general public is invited to buy shares.
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42. Commercial activities are classified as____________
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43. ____ 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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44. _________ is the process of leading and influencing the task-related activities of members of the organization.
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45. _________is the process of buying and selling of goods
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46. __________ venture the entrepreneur uses external partners for financial support in providing a public good.
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47. ____ refers to the process of leading and influencing the task-related activities of members of the organization.
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48. __________ is usually engaged in the provision of intangible products which cannot be seen or felt.
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49. A business is a set of activities, which leads to the manufacturing of goods or_________
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50. _________ are essentially one-time venturers who having established their autonomous enclaves, will simply act to maintain them into the indefinite future.
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