ENT203




Category: ENT203

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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!


ENT203

1 / 50

1. The situation analysis is ________

2 / 50

2. Which one of the following guide the firm through the long term decision making.

3 / 50

3. Glueck (1980) defined an entrepreneur as an individual who creates a new firm and continues to manage it until it is ________

4 / 50

4.  A set of reasons for engaging in a particular behavior, especially human behavior is known as _____________.

5 / 50

5.
NERFUND was establish in the year ____________


6 / 50

6.  Which of the following makes the formation of new venture difficult within a corporate culture?

7 / 50

7.
Infropreneurs who earn commissions from selling information that is not their own as called____ traffickers


8 / 50

8. ________ is the life-blood of an organization

9 / 50

9. Which of the following plan describes market conditions and strategy related to ________

10 / 50

10. Which one of the following is the process of entrepreneurs developing new products that over time make current products obsolete?

11 / 50

11.  Which one of the following is used to identify opportunity?

12 / 50

12. Which of the following perspectives should be considered while preparing business plan?

13 / 50

13.  A/an ______ is an online connection between the company and its customers.

14 / 50

14. _________ is the selling of shares to existing shareholders.

15 / 50

15. _________ may attract traffic to his/her site by manipulating their site to appear higher on search engine results.

16 / 50

16.
The_______ entrepreneur continuously come up with new ideas and start new businesses

17 / 50

17. The financial plan provides a complete picture of ________

18 / 50

18.
The definition of the entrepreneur as the individual who recognizes opportunities where others sees chaos and confusion was by Kurato and ____ 


19 / 50

19. __________ believes that the sole function of entrepreneur is innovation

20 / 50

20.
 The individual who creates a new firm and continues to manage it until it is successful  is known as________


21 / 50

21. The resistance of employees in an organization against flexibility, growth, and diversification can be overcome by developing:

22 / 50

22.  The entrepreneur's_______________ depends on his perception of the opportunity.

23 / 50

23. Which one of the following is the next stage to the Concept Stage of Product Planning and Development Process?

24 / 50

24.
Entrepreneurs should take_________ risks

25 / 50

25. Which of the following source of capital is relatively faster and less costly than other funding?

26 / 50

26. Which one of the following is the primary cause of failure in small businesses?

27 / 50

27. All of the following are the broad categories of External forces EXCEPT

28 / 50

28. Individuals who give psychological support to an entrepreneur are called ?

29 / 50

29.
The amount of money an initiator invests in a business is called _________ capital.


30 / 50

30.  The chief motivational factor for __________ entrepreneurs to leave jobs is the frustration of not being allowed to perform at the level of which they are capable.

31 / 50

31.  In setting marketing goals and objectives the entrepreneur must ________

32 / 50

32.  ________ is commonly used to measure the short-term solvency of the venture? Select correct option.

33 / 50

33.
Imitation is a problem of Nigerian SMEs. True OR False 


34 / 50

34. Which of the following ratio will be helpful for assessing the firm's capital structure?

35 / 50

35.  Which one of the following is NOT included in four C's evaluation by lender?

36 / 50

36.  Individuals influencing an entrepreneur's career choice and style are known as ___________

37 / 50

37.
Another for social entrepreneurship is ____ venturing.

38 / 50

38. Which one of the following is an important source of idea generation due to their familiarity with the needs of market?

39 / 50

39. Which of the following factor does not affect a person for being an entrepreneur?

40 / 50

40.
Opportunistic entrepreneurs establish business for _________ and expansion


41 / 50

41. Which one of the following is NOT an environmental factor for an entrepreneur?

42 / 50

42.  A typical inventor is usually ___________.

43 / 50

43. An entrepreneur into the hosiery business found out the reason his hosiery was not selling was due to its color. What could be the best source of this information?

44 / 50

44.
 The _______ is an entrepreneur whose business involve high technology


45 / 50

45.
A good that will benefit a large number of people I  the largest possible way is known as________


46 / 50

46.
_______ is the biggest hurdle in starting and growing a business.


47 / 50

47.
_________is the social link that promote or hinder entrepreneurship.


48 / 50

48.
________ developed the three factor theory of motivation


49 / 50

49.  Licensing is a significant marketing strategy to _________

50 / 50

50.
The Marxian school sees  ________ as the most important factor of production


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