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 faced with a difficult problem, the starting point for team discussion is _________
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2. New _______creation is fraught with risk and financing of such ventures is referred to as risk Capital.
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3. 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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4. Which one of the following is NOT among the factors affecting team building.
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5. Which of the following is a characteristics of a successful Entrepreneur.
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6. Entrepreneurship involves the creation process-creating something new of value.
7 / 50
7. __________ is an instrument of sustained and enduring success in business ventures.
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8. The ________ cycle provides opportunities for continuous evaluation and improvement.
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9. 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
10 / 50
10. 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.
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11. 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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12. _________ is a process of engendering higher levels of motivation and commitment among followers.
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13. The _____________ characteristics include extra-version, conscientiousness, agreeableness, openness, and neuroticism.
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14. Work teams develop over time and go through _________ distinct stages of development.
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15. ________ is action oriented and ensures that the team will implement agreed solutions and assign accountabilities and responsibilities.
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16. Sufficient capital is required to buy the needed fixed assets for a firm.
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17. Entrepreneurs often decide to start their own businesses in order to avoid having a boss. True of False
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18. 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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19. The concept of entrepreneurship does NOT involve the consideration of a number of opportunities to enhance living standards and business profits.
20 / 50
20. Which one of the following is NOT a type of work-team in an organization.
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21. Which of the following is a component of a transformational leader.
22 / 50
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. Which of the following are approaches to organizational effectiveness.
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24. 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.
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25. _________ role ensures that the work team will spend time discussion ideas around the problems being faced.
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26. Entrepreneurs do NOT face uncertain and irregular incomes.
27 / 50
27. ________and Innovation are understood as the combination of the concept of entrepreneurship.
28 / 50
28. ____________“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”. .
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29. 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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30. __________ has become an increasingly common practice, an opportunity for small firms.
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31. Entrepreneurship and economic growth take place when the economic conditions are favourable.
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32. Autonomy is the idea for ______________and the freedom to make decisions.
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33. Entrepreneurs are seen as those with high need for achievement (N-arch), _____________risk takers as well as those with Internal locus of control.
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34. __________________planning is an essential part of the concept of entrepreneurship and effective application helps to ensure successful operation.
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35. 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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36. It is common for entrepreneurs to learn an _____________ while working for someone else.
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37. One study found that successful owners of manufacturing firms gathered more _________________about the business environment, and more often, than those who were less successful.
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38. Which one of the following is a cause of corporate failure.
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39. Which of the following stages is involved in team building.
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40. Poor investment decisions, dividend policy and other financing decisions affects the ______________of firm.
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41. ________ involves regularly reviewing mistakes in a non-recriminatory way and establishing guidelines to prevent them from reoccurring.
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42. 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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43. 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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44. 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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45. __________________has been defined as a person’s belief in his or her capability to perform a task.
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46. The word entrepreneurship derived from _________ century.
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47. _________has been defined as a person's belief in his or her capability to perform a task.
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48. High production cost can result from over Employment of both human and resources.
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49. Thurley (1979) described the following _________approaches to managing change.
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50. _________ viewed entrepreneurship as an �??established way of doing business are destroyed by the creation of new and better ways to do them.
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