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
1 / 50
1. Entrepreneurs are often_________________, and striving for excellence, or “perfection,” helps make the business successful.
2 / 50
2. Which one of the following is NOT a disadvantage of Entrepreneurship.
3 / 50
3. Successful entrepreneurs are independent. They want to make their own _______________
4 / 50
4. Where government policy contradicts the interest of a firm, the firm can NOT be adversely affected.
5 / 50
5. Christensen and Overdorf maintain that when an organization faces the same sort of problem that its processes and values were designed to address, managing can be straightforward.
6 / 50
6. Poor investment decisions, dividend policy and other financing decisions affects the ______________of firm.
7 / 50
7. The process known as ________________________ the environment, allows the entrepreneur to see the entire business environment and the industry and helps to formulate the larger picture of the business activity
8 / 50
8. Which of the following is a Guideline for Effective Team Participation.
9 / 50
9. New _______creation is fraught with risk and financing of such ventures is referred to as risk Capital.
10 / 50
10. _________ Quality triology emphasized the roles of quality planning, quality control and quality improvement.
11 / 50
11. “Successful entrepreneurs don’t have failures. They have learning ______________”.
12 / 50
12. Entrepreneurship involves the creation process-creating something new of value.
13 / 50
13. 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.
14 / 50
14. __________________has been defined as a person’s belief in his or her capability to perform a task.
15 / 50
15. Entrepreneurs often define the ___________early in the process and minimize them to the extent possible.
16 / 50
16. 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.
17 / 50
17. To the general public, change is often frightening and is something to be avoided, ___________________, however, see change as normal and necessary.
18 / 50
18. Team work allows work organization to blend people with different kinds of knowledge together, without differences rupturing the fabric of the organization.
19 / 50
19. _________has been defined as a person's belief in his or her capability to perform a task.
20 / 50
20. When a company engages in over expansion, short term ____________will be immobilized thereby leading to Corporate failure.
21 / 50
21. Which one of the following is NOT a type of work-team in an organization.
22 / 50
22. __________ has become an increasingly common practice, an opportunity for small firms.
23 / 50
23. Which of the following is Characteristics of a Well Functioning Work Team.
24 / 50
24. Which one of the following is a factor that influences Entrepreneurship.
25 / 50
25. _________ stage involves what is the cause of the problem.
26 / 50
26. Which one of the following is a cause of corporate failure.
27 / 50
27. The _____________ characteristics include extra-version, conscientiousness, agreeableness, openness, and neuroticism.
28 / 50
28. ________ 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.
29 / 50
29. Which of the following according to Thurley (1979) described the five approaches to managing change.
30 / 50
30. _________ role ensures that the work team will spend time discussion ideas around the problems being faced.
31 / 50
31. Entrepreneurs often see things in a holistic sense; they can see the big pictur when others see only the parts.
32 / 50
32. _________ is a process of engendering higher levels of motivation and commitment among followers.
33 / 50
33. Michael Morris points out that the psychology and behavior of the entrepreneur may change as the _______________ evolves.
34 / 50
34. _________ viewed entrepreneurship as an �??established way of doing business are destroyed by the creation of new and better ways to do them.
35 / 50
35. The concept of entrepreneurship does NOT involve the consideration of a number of opportunities to enhance living standards and business profits.
36 / 50
36. ________ascribes the inculcation of the achievement motive to child rearing practices which stress standard of excellence, maternal warmth, self-reliance training and a low father dominance.
37 / 50
37. Members of the work-team diagnose how they work-together and plan changes that will affect their effectiveness.
38 / 50
38. ________and Innovation are understood as the combination of the concept of entrepreneurship.
39 / 50
39. Entrepreneurs often decide to start their own businesses in order to avoid having a boss. True of False
40 / 50
40. Entrepreneurship is a ________________ activity
41 / 50
41. Which of the following is a characteristics of a successful Entrepreneur.
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42. If government places a ban on importation of a firm’s input, Production will be impossible, especially when the existing stock of inputs are exhausted. True or False
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43. Some entrepreneur do NOT adjust to the growing business and use their skills to build a company that is strong enough to let the founder be entrepreneurial again.
44 / 50
44. Are cultural factors a determinant for success in business? Yes or No
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45. __________ theory states that changes in attitudes lead to changes in behaviour.
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46. A person who believes that fate, the economy, or other outside factors determine success has an ________________ locus of control and is not likely to succeed as an entrepreneur.
47 / 50
47. Nearly every authority on entrepreneurship recognizes the importance of self-motivation and self-determination for entrepreneurial success.
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48. __________________planning is an essential part of the concept of entrepreneurship and effective application helps to ensure successful operation.
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49. Because of the hurdles and obstacles that must be overcome, the entrepreneur must be consistently __________________
50 / 50
50. Thurley (1979) described the following _________approaches to managing change.
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