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

2 / 50

2. One of the difficult decisions ______________

3 / 50

3.  Licensing is a significant marketing strategy to _________

4 / 50

4. Foundation companies are formed from ________

5 / 50

5.
__________is a social network


6 / 50

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

7 / 50

7.
Imitation is a problem of Nigerian SMEs. True OR False 


8 / 50

8. Which of the followings is NOT followed in brainstorming?

9 / 50

9.
_________ are otherwise called corporate stocks.


10 / 50

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

11 / 50

11.  Which of the following techniques is an excellent method for initially screening ideas and concepts in addition to generating new ideas?

12 / 50

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

13 / 50

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

14 / 50

14. Gazelles are the firms with _________

15 / 50

15.
_________ is the practice of entrepreneurship in organizations.


16 / 50

16. Which of the following system is necessary for expansion or elimination of intrapreneurship unit?

17 / 50

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

18 / 50

18. _______ is type of enterprise established by individual, corporate or government in order to provide essential service(s) while making profit or return.

19 / 50

19.
The ease in acquiring funds and its cost  is known as ____ of financial market development


20 / 50

20. Which of the following is alternatively called corporate venturing?

21 / 50

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

22 / 50

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

23 / 50

23.
 The _______ is an entrepreneur whose business involve high technology


24 / 50

24.
Inside entrepreneurs that follow the goals of their organizations are known as________


25 / 50

25. 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?

26 / 50

26. Classical economists regarded land, labour, capital and entrepreneur as the main factors of _______

27 / 50

27. Which of the following is an obstacle to going in international business?

28 / 50

28.  A typical inventor is usually ___________.

29 / 50

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

30 / 50

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

31 / 50

31.  ___________ Process of creating incremental wealth is called Entrepreneurship.

32 / 50

32.  Trade barriers cause ____________

33 / 50

33.
A good that will benefit a large number of people I  the largest possible way is known as________


34 / 50

34. Which one of the following is the first step in the entrepreneurial process?

35 / 50

35.  Individuals who help the entrepreneur in business activities are called __________

36 / 50

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

37 / 50

37.
Technology is a part of ____ capital


38 / 50

38.
 _____________ is the reward for capital.


39 / 50

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

40 / 50

40.
The Marxian school sees  ________ as the most important factor of production


41 / 50

41.
The definition of the entrepreneur as the individual who recognizes opportunities where others sees chaos and confusion was by Kurato and ____ 


42 / 50

42. Which one of the following is the fourth step in the entrepreneurial process?

43 / 50

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

44 / 50

44.  In capital venture the stage provides financing to companies completing development where products are mostly in testing or pilot production is ___________

45 / 50

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

46 / 50

46.
The system evolution of a product or service into newer and larger markets is called ____ innovation

47 / 50

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

48 / 50

48.
NERFUND was establish in the year ____________


49 / 50

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

50 / 50

50.
____ school sees entrepreneur as the most important factor of production


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