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. Elkington and Hartigan (2007) define ______ models for social ventures.
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2. ________ is usually engaged in the provision of intangible products which cannot be seen or felt.
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3. _________ 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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4. _________ is the process of leading and influencing the task-related activities of members of the organization.
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5. __________ is concerned with adding services to the core and formal products.
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6. Goods produced by an industry which are further processed into finished products by another concern are called ______
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7. _________ defined as the relationship, which subsists between persons carrying on a business in common with a view of profit.
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8. _________ are those industries which extract, raise or fabricate raw materials from above or beneath surface of the earth.
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9. A firm could also fix a product price in order to promote its entire product-line.
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10. _________ is a systematic way of doing things.
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11. There are __________ different types of meeting are stated in the articles of association.
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12. Prospectus is an offer of shares to the public and must also be sent to the Registrar of Companies. True or False_____?
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13. _________ involves pricing a product at the average level charged in the industry.
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14. _________ 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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15. ____is concerned with adding services to the core and formal products.
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16. _________ venturers tend to be loosely committed to particular ventures but dedicated to enterprising as an ongoing activity.
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17. _________ is the least predictable of entrepreneurial types in terms of his long-term commitment to venture.
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18. Anything that can be offered to the market for attention, acquisition or consumption, including physical objects, services, personalities, organizations and desires is called a____
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19. The selling function is the very heart of marketing. True of False __________?
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20. _________ 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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21. If the goods are used for further production of wealth they are called _________
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22. Interactive process between a seller and a potential buyer for exchange transaction of goods and services ___________
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23. __________ 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.
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24. Shell Petroleum Development Company and the Nigerian Government is an example of _______
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25. _________ concept is a business philosophy which states that customer's want satisfaction is the social and economic justification for a firm's existence.
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26. The association of individuals, artificial being, invisible, intangible and only existing in the contemplation of law is called ________
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27. __________ is the amount of capital a firm can issue might not necessarily be the value of shares issued.
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28. A business 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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29. _________ of Companies will issue a Certificate of Incorporation
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30. _________ venture recovers a portion of its costs through sales of its goods or services.
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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. Marketing functions can be divided into exchange functions, facilitating functions, and _________
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33. The four specific functions of managers are planning, organizing, directing and __________
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34. _________is the process of buying and selling of goods
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35. _________ can be defined as a non- personal paid form of sales presentation through various media by an identified sponsor.
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36. 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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37. _________ 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.
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38. Goods that are meant for further production or for the routine operations of a business firms are called ____
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39. __________ concept states that a product passes through a life cycle as human beings.
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40. _________ refers to that part of business activities which is apprehensive with the extraction, production or fabrication of products.
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41. Partnership is a form of business owned by a minimum of two and a maximum of _______ persons
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42. _____ 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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43. Which one of the following is NOT an advantage of a partnership.
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44. Which one of the following is NOT a Long-term character of a venture?
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45. The major differences between private and public companies are the number of __________ and the issuing of shares.
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46. A type of company managed by a board of directors is known as__________
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47. The purchase and sale of goods between two countries are called __________
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48. _________ is the process of stimulating and increasing sales through market awareness and customer service.
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49. _______are samples, coupons, push money, discount, specialties, competition, exhibition etc
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50. ____ 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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