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. __________________has been defined as a person’s belief in his or her capability to perform a task.
2 / 50
2. The ________ cycle provides opportunities for continuous evaluation and improvement.
3 / 50
3. One of the reasons entrepreneurs are successful is that they have imagination and can envision ________________scenarios.
4 / 50
4. High production cost can result from over Employment of both human and resources.
5 / 50
5. Robson (1996) affirms that 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.
6 / 50
6. Quality is an abstract construct used to measure services and products. True or False.
7 / 50
7. There is no consensus concerning the definition of entrepreneur but most include a willingness to take risks in the pursuit of an_________________.
8 / 50
8. 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
9 / 50
9. 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.
10 / 50
10. Entrepreneurs act on their _____________because they have a high need for achievement, shown in many studies to be higher than that of the general population.
11 / 50
11. The concept of entrepreneurship does NOT involve the consideration of a number of opportunities to enhance living standards and business profits.
12 / 50
12. _________ role ensures that the work team will spend time discussion ideas around the problems being faced.
13 / 50
13. The entrepreneurial _________can also be discovered by keeping the Larger business and starting a second one.
14 / 50
14. Work teams can exist in isolation.
15 / 50
15. _______ Factors such as the economy, the weather, and changes in consumer tastes often have a dramatic effect on a business.
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. __________ theory states that changes in attitudes lead to changes in behaviour.
18 / 50
18. Which of the following are approaches to organizational effectiveness.
19 / 50
19. Entrepreneurship is a ________________ activity
20 / 50
20. Taxation policy, Industrial policy, Sources of finance and raw materials, Infrastructure availability, Investment and marketing opportunities, are ________________incentives.
21 / 50
21. When faced with a difficult problem, the starting point for team discussion is _________
22 / 50
22. They also may fail because the entrepreneur chooses the wrong business or does not have entrepreneurial ______
23 / 50
23. Which one of the following is NOT an advantage of Entrepreneurship.
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24. When faced with a growing company, the entrepreneur often makes a conscious decision to limit company growth or even reduce the company size.
25 / 50
25. Entrepreneurs often define the ___________early in the process and minimize them to the extent possible.
26 / 50
26. ________ involves regularly reviewing mistakes in a non-recriminatory way and establishing guidelines to prevent them from reoccurring.
27 / 50
27. ________ addresses the output aspects of any decision.
28 / 50
28. When _____________cost of a firm is on the high side, its products cannot compete favourably with other similar products in the market.
29 / 50
29. The concept of entrepreneurship involves the consideration of a number of opportunities to enhance ________________and business profits.
30 / 50
30. Team learning is NOT fundamental to the performance of a team
31 / 50
31. Team work allows work organization to blend people with different kinds of knowledge together, without differences rupturing the fabric of the organization.
32 / 50
32. Effectiveness is the ability to excel at one or more output goals.
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33. Theories pounded by various scholars include: psychological, sociological and _________________
34 / 50
34. __________ is an instrument of sustained and enduring success in business ventures.
35 / 50
35. _________ prescribed fourteen measures to cure the crisis of quality.
36 / 50
36. One study found that successful owners of manufacturing firms gathered more _________________about the business environment, and more often, than those who were less successful.
37 / 50
37. Where government policy contradicts the interest of a firm, the firm can NOT be adversely affected.
38 / 50
38. ________ is the process of helping the work team become more effective in accomplishing its tasks/roles and in satisfying the needs of the team members.
39 / 50
39. _________ is in the middle of the model because it is a shared responsibility of every team member.
40 / 50
40. Successful entrepreneurs are independent. They want to make their own _______________
41 / 50
41. Work teams develop over time and go through _________ distinct stages of development.
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42. Entrepreneurs do NOT face uncertain and irregular incomes.
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43. Entrepreneurs often see things in a holistic sense; they can see the big pictur when others see only the parts.
44 / 50
44. The factors that define capabilities and disabilities evolve over time - they start in resources, then move to visible, articulated processes and values, and finally migrate to culture.
45 / 50
45. The cooperative societies sell their products to outsiders only in debts. True of False
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46. 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.
47 / 50
47. _________ viewed entrepreneurship as an �??established way of doing business are destroyed by the creation of new and better ways to do them.
48 / 50
48. __________ has become an increasingly common practice, an opportunity for small firms.
49 / 50
49. The entrepreneur must have more than a casual________________ in the business because he or she must overcome many hurdles and obstacles.
50 / 50
50. Many successful entrepreneurs succeeded only after they had __________ several times.
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