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. 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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2. 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.
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3. ________ this is an evaluative phase.
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4. ________ is when quality is defined in terms of cost and prices as well as number of other attributes.
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5. They also may fail because the entrepreneur chooses the wrong business or does not have entrepreneurial ______
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6. ________________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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7. _________ is a process of engendering higher levels of motivation and commitment among followers.
8 / 50
8. Many successful entrepreneurs succeeded only after they had __________ several times.
9 / 50
9. The concept of entrepreneurship does NOT involve the consideration of a number of opportunities to enhance living standards and business profits.
10 / 50
10. _________ sessions focus on which ideas are likely to work and how can they be tested for verification.
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11. Entrepreneurs often decide to start their own businesses in order to avoid having a boss. True of False
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12. Which of the following is a component of a transformational leader.
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13. Quality is an abstract construct used to measure services and products. True or False.
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14. Which one of the following is a cause of corporate failure.
15 / 50
15. Which of the following is a characteristics of a successful Entrepreneur.
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16. ________ 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.
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17. Theories pounded by various scholars include: psychological, sociological and _________________
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18. 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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19. The _____________ characteristics include extra-version, conscientiousness, agreeableness, openness, and neuroticism.
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20. _________has been defined as a person's belief in his or her capability to perform a task.
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21. _________ Quality triology emphasized the roles of quality planning, quality control and quality improvement.
22 / 50
22. __________ has become an increasingly common practice, an opportunity for small firms.
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23. The entrepreneur must have more than a casual________________ in the business because he or she must overcome many hurdles and obstacles.
24 / 50
24. Which one of the following is NOT a type of work-team in an organization.
25 / 50
25. 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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26. Many successful entrepreneurs succeeded only after they had failed several times.
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27. Which of the following is Characteristics of a Well Functioning Work Team.
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28. 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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29. __________________has been defined as a person’s belief in his or her capability to perform a task.
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30. 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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31. ________ addresses the output aspects of any decision.
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32. Which one of the following is NOT a disadvantage of Entrepreneurship.
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33. “Successful entrepreneurs don’t have failures. They have learning ______________”.
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34. Poor investment decisions, dividend policy and other financing decisions affects the ______________of firm.
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35. The entrepreneurial _________can also be discovered by keeping the Larger business and starting a second one.
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36. To the general public, change is often frightening and is something to be avoided, ___________________, however, see change as normal and necessary.
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37. Entrepreneurs often see things in a holistic sense; they can see the big pictur when others see only the parts.
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38. Which one of the following is a factor that influences Entrepreneurship.
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39. Work teams can exist in isolation.
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40. _________ 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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41. ________and Innovation are understood as the combination of the concept of entrepreneurship.
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42. 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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43. Performance of the entrepreneur is contingent on _________ factors
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44. ________ involves regularly reviewing mistakes in a non-recriminatory way and establishing guidelines to prevent them from reoccurring.
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45. 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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46. _________ role ensures that the work team will spend time discussion ideas around the problems being faced.
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47. 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.
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48. Adam Smith's book titled the "the wealth of nation" was written in _________ year.
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49. 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.
50 / 50
50. Most economists today agree that entrepreneurship is a necessary ingredient for stimulating economic growth and employment opportunities in all societies.
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