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. To the general public, change is often frightening and is something to be avoided, ___________________, however, see change as normal and necessary.
2 / 50
2. The _____________ characteristics include extra-version, conscientiousness, agreeableness, openness, and neuroticism.
3 / 50
3. An entrepreneur must NOT have more than a casual interest in the business because he or she must overcome many hurdles and obstacles.
4 / 50
4. 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.
5 / 50
5. Which one of the following is a factor that influences Entrepreneurship.
6 / 50
6. ________ 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.
7 / 50
7. Work team offers the potential and prospect for positive growth and development in the area of entrepreneurial development.
8 / 50
8. The concept of entrepreneurship does NOT involve the consideration of a number of opportunities to enhance living standards and business profits.
9 / 50
9. The ________ cycle provides opportunities for continuous evaluation and improvement.
10 / 50
10. When faced with a difficult problem, the starting point for team discussion is _________
11 / 50
11. Are cultural factors a determinant for success in business? Yes or No
12 / 50
12. Appropriate commercial sales policies often do not have adverse effects that could lead to debt build up and subsequent liquidity problems. True or False
13 / 50
13. Entrepreneurs often define the ___________early in the process and minimize them to the extent possible.
14 / 50
14. Poor investment decisions, dividend policy and other financing decisions affects the ______________of firm.
15 / 50
15. ________ involves regularly reviewing mistakes in a non-recriminatory way and establishing guidelines to prevent them from reoccurring.
16 / 50
16. 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.
17 / 50
17. _________ stage involves what is the cause of the problem.
18 / 50
18. ____________“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”. .
19 / 50
19. ________ 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.
20 / 50
20. The concept of entrepreneurship involves the consideration of a number of opportunities to enhance ________________and business profits.
21 / 50
21. They also may fail because the entrepreneur chooses the wrong business or does not have entrepreneurial ______
22 / 50
22. Many companies that are started by ____________go out of business few years after their establishment. These companies often fail because of poor Planning.
23 / 50
23. ________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.
24 / 50
24. Which of the following is an economic incentives.
25 / 50
25. __________ has become an increasingly common practice, an opportunity for small firms.
26 / 50
26. One study found that successful owners of manufacturing firms gathered more _________________about the business environment, and more often, than those who were less successful.
27 / 50
27. 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.
28 / 50
28. It is essentially a desirable adaptation in creating a sharper vision and engender better approaches to performance delivery in this changing business environment.
29 / 50
29. Taxation policy, Industrial policy, Sources of finance and raw materials, Infrastructure availability, Investment and marketing opportunities, are ________________incentives.
30 / 50
30. The cooperative societies sell their products to outsiders only in debts. True of False
31 / 50
31. Autonomy is the idea for ______________and the freedom to make decisions.
32 / 50
32. When thinking about starting a business. You can make a list of the things you like and dislike about similar_________________ or Products.
33 / 50
33. 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.
34 / 50
34. Entrepreneurs are often_________________, and striving for excellence, or “perfection,” helps make the business successful.
35 / 50
35. __________________planning is an essential part of the concept of entrepreneurship and effective application helps to ensure successful operation.
36 / 50
36. 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.
37 / 50
37. _________ sessions focus on which ideas are likely to work and how can they be tested for verification.
38 / 50
38. When a company engages in over expansion, short term ____________will be immobilized thereby leading to Corporate failure.
39 / 50
39. Entrepreneurs often see things in a holistic sense; they can see the ___________when others see only the parts.
40 / 50
40. New venture creation is fraught with risk and financing of such ventures is referred to as risk capital.
41 / 50
41. _______ Factors such as the economy, the weather, and changes in consumer tastes often have a dramatic effect on a business.
42 / 50
42. The concept of an entrepreneur is further refined when principles and terms from a business, managerial, and personal perspective are considered.
43 / 50
43. Entrepreneurship is a ________________ activity
44 / 50
44. High production cost can result from over Employment of both human and resources.
45 / 50
45. Sufficient capital is required to buy the needed fixed assets for a firm.
46 / 50
46. Which one of the following is NOT a mechanism for change according to Lewin's model.
47 / 50
47. 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.
48 / 50
48. __________ theory states that changes in attitudes lead to changes in behaviour.
49 / 50
49. Quality is an abstract construct used to measure services and products. True or False.
50 / 50
50. Members of the work-team diagnose how they work-together and plan changes that will affect their effectiveness.
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