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!
ENT204
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1. Poor investment decisions, dividend policy and other financing decisions affects the ______________of firm.
2 / 50
2. High production cost can result from over Employment of both human and resources.
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3. ________________argued that charismatic leader is constrained neither by tradition nor law and that his/her appeal is the very fact he/she undertakes to break the constraints imposed by established customs and roles in order to bring change.
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4. Entrepreneurship is a ________________ activity
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5. __________ is an instrument of sustained and enduring success in business ventures.
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6. Many successful entrepreneurs succeeded only after they had __________ several times.
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7. Entrepreneurship is derived from the _______ term "entreprendre" which means to undertake, to pursue opportunities, to fulfill the needs and wants through innovation and starting businesses.
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8. New venture creation is fraught with risk and financing of such ventures is referred to as risk capital.
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9. _________ is a process of engendering higher levels of motivation and commitment among followers.
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10. _________ is in the middle of the model because it is a shared responsibility of every team member.
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11. Which of the following is a Guideline for Effective Team Participation.
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12. When thinking about starting a business. You can make a list of the things you like and dislike about similar_________________ or Products.
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13. ________ is the process of meeting organizational objectives, prevailing societal expectations in the near future, adapting and developing in the intermediate future, and surviving in the distant future.
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14. Quality is an abstract construct used to measure services and products. True or False.
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15. Which of the following are approaches to organizational effectiveness.
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16. Entrepreneurs do NOT face uncertain and irregular incomes.
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17. One study found that successful owners of manufacturing firms gathered more _________________about the business environment, and more often, than those who were less successful.
18 / 50
18. Which of the following is a component of a transformational leader.
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19. ________ is when quality is defined in terms of cost and prices as well as number of other attributes.
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20. Some entrepreneurs adjust to the growing business and use their skills to build a company that is strong enough to let the founder be entrepreneurial again.
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21. _________ patterns are determined by reinforcing and aversive stimuli present in the societal context, such rewards and punishments not being limited to the child-rearing period entrepreneurial behaviour.
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22. Team work allows work organization to blend people with different kinds of knowledge together, without differences rupturing the fabric of the organization.
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23. _________has been defined as a person's belief in his or her capability to perform a task.
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24. Successful entrepreneurs are independent. They want to make their own _______________
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25. The _____________ characteristics include extra-version, conscientiousness, agreeableness, openness, and neuroticism.
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26. Which one of the following is a cause of corporate failure.
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27. Especially in the early years of a business, the entrepreneur often works extremely long hours, possibly six or seven days each week.
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28. The ________ cycle provides opportunities for continuous evaluation and improvement.
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29. _______ Factors such as the economy, the weather, and changes in consumer tastes often have a dramatic effect on a business.
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30. _________ sessions focus on which ideas are likely to work and how can they be tested for verification.
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31. Entrepreneurs often define the ___________early in the process and minimize them to the extent possible.
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32. Thurley (1979) described the following _________approaches to managing change.
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33. The word entrepreneurship derived from _________ century.
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34. The accurate description of Weber's paradigm might be the development ethics and the spirit protestant ethic.
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35. Entrepreneurs may develop a company to a mature phase and then hire a good team of managers to run the business on a daily basis.
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36. The life of an entrepreneur is_____________. No one is sating schedules or step-by-step processes for the entrepreneur to follow.
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37. Which one of the following is NOT among the 3 factors that affect organizational responses to different changes according to Christensen and Overdorf.
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38. Which of the following is an economic incentives.
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39. New _______creation is fraught with risk and financing of such ventures is referred to as risk Capital.
40 / 50
40. Entrepreneurship involves the creation process-creating something new of value.
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41. The concept of an entrepreneur is further refined when principles and terms from a business, managerial, and personal perspective are considered.
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42. Weber identified the positive change that took place in public attitudes towards entrepreneurship after the reformation in the western world and proposed that Protestantism had helped bring about this change.
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43. One of the reasons entrepreneurs are successful is that they have imagination and can envision ________________scenarios.
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44. The concept of entrepreneurship involves the consideration of a number of opportunities to enhance ________________and business profits.
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45. Adam Smith's book titled the "the wealth of nation" was written in _________ year.
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46. Entrepreneurship and economic growth take place when the economic conditions are favourable.
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47. Nearly every authority on entrepreneurship recognizes the importance of self-motivation and _______________for entrepreneurial success.
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48. Sufficient capital is required to buy the needed fixed assets for a firm.
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49. When _____________cost of a firm is on the high side, its products cannot compete favourably with other similar products in the market.
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50. Appropriate commercial sales policies often do not have adverse effects that could lead to debt build up and subsequent liquidity problems. True or False
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