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. _______ is type of enterprise established by individual, corporate or government in order to provide essential service(s) while making profit or return.
2 / 50
2. Which one of the following guide the firm through the long term decision making.
3 / 50
3. Having less than 50 percent of equity share in an international venture is called ___________
4 / 50
Inside entrepreneurs that follow the goals of their organizations are known as________
5 / 50
5. Gazelles are the firms with _________
6 / 50
6. Which of the followings is NOT followed in brainstorming?
7 / 50
7. Which one of the following is the first step in the entrepreneurial process?
8 / 50
8. Which one of the following is NOT TRUE about male entrepreneurs?
9 / 50
9. Which of the following makes the formation of new venture difficult within a corporate?
10 / 50
A good that will benefit a large number of people I the largest possible way is known as________
11 / 50
11. Which one of the following is an important source of idea generation due to their familiarity with the needs of market?
12 / 50
12. Most important factor in forming a new business is _________
13 / 50
_______ is the biggest hurdle in starting and growing a business.
14 / 50
14. Which one of the following is NOT included in four C's evaluation by lender?
15 / 50
15. A typical inventor is usually ___________.
16 / 50
16. Which one of the following is NOT an environmental factor for an entrepreneur?
17 / 50
_________is the social link that promote or hinder entrepreneurship.
18 / 50
18. The activity which occurs when the new venture is started are called _______
19 / 50
19. An individual's need to be recognized is called ________
20 / 50
20. Classical economists regarded land, labour, capital and entrepreneur as the main factors of _______
21 / 50
21. The activities which occur when the new venture is started are called ________
22 / 50
22. _________ is the selling of shares to existing shareholders.
23 / 50
NERFUND was establish in the year ____________
24 / 50
Opportunistic entrepreneurs establish business for _________ and expansion
25 / 50
25. The development of a new venture based on an inventor's work often requires ________.
26 / 50
_____________ is the reward for capital.
27 / 50
Recouping is an activity function of venture capitalist True OR False
28 / 50
28. Which of the following is NOT included in the opportunity evaluation process?
29 / 50
Entrepreneurs that collect and sell electronic information are called____________
30 / 50
Imitation is a problem of Nigerian SMEs. True OR False
31 / 50
31. The situation analysis is ________
32 / 50
Infropreneurs who earn commissions from selling information that is not their own as called____ traffickers
33 / 50
The definition of the entrepreneur as the individual who recognizes opportunities where others sees chaos and confusion was by Kurato and ____
34 / 50
34. 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?
35 / 50
Entrepreneurs should take_________ risks
36 / 50
36. Trade barriers cause ____________
37 / 50
37. 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.
38 / 50
38. Which one of the following is the primary cause of failure in small businesses?
39 / 50
39. Professional support network includes following EXCEPT
40 / 50
40. Which of the following source of capital is relatively faster and less costly than other funding?
41 / 50
The amount of money an initiator invests in a business is called _________ capital.
42 / 50
42. ________ is the life-blood of an organization
43 / 50
43. Which of the following plan describes market conditions and strategy related to ________
44 / 50
The individual who creates a new firm and continues to manage it until it is successful is known as________
45 / 50
45. The entrepreneur's_______________ depends on his perception of the opportunity.
46 / 50
46. Glueck (1980) defined an entrepreneur as an individual who creates a new firm and continues to manage it until it is ________
47 / 50
47. Which of the following system is necessary for expansion or elimination of intrapreneurial venture?
48 / 50
Technology is a part of ____ capital
49 / 50
49. _________ is a party that makes an investment into one or more categories of assets, equity, debt securities, real estate, currency, commodity, derivatives such as put and call options with the objective of making a profit.
50 / 50
50. Individuals influencing an entrepreneur's career choice and style are known as ___________
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