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. New venture creation is fraught with risk and financing of such ventures is referred to as risk capital.
2 / 50
2. Which of the following stages is involved in team building.
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3. Which one of the following is NOT an advantage of Entrepreneurship.
4 / 50
4. Entrepreneurship and economic growth take place when the economic conditions are favourable.
5 / 50
5. When a company engages in over expansion, short term ____________will be immobilized thereby leading to Corporate failure.
6 / 50
6. According to__________ the approach to strategic change is characterized a process of artfully blending �??formal analysis, behavioural techniques and power politics to bring about cohesive step-by-step movement towards ends which were initially conceived.
7 / 50
7. Thurley (1979) described the following _________approaches to managing change.
8 / 50
8. Which of the following is a Guideline for Effective Team Participation.
9 / 50
9. Performance of the entrepreneur is contingent on _________ factors
10 / 50
10. Which of the following is a characteristics of a successful Entrepreneur.
11 / 50
11. Entrepreneurs often see things in a holistic sense; they can see the big pictur when others see only the parts.
12 / 50
12. When thinking about starting a business. You can make a list of the things you like and dislike about similar_________________ or Products.
13 / 50
13. 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.
14 / 50
14. Which one of the following is a factor that influences Entrepreneurship.
15 / 50
15. Taxation policy, Industrial policy, Sources of finance and raw materials, Infrastructure availability, Investment and marketing opportunities, are ________________incentives.
16 / 50
16. ________ is action oriented and ensures that the team will implement agreed solutions and assign accountabilities and responsibilities.
17 / 50
17. Quality is an abstract construct used to measure services and products. True or False.
18 / 50
18. __________ has become an increasingly common practice, an opportunity for small firms.
19 / 50
19. Many successful entrepreneurs succeeded only after they had __________ several times.
20 / 50
20. Which one of the following is NOT a mechanism for change according to Lewin's model.
21 / 50
21. “Successful entrepreneurs don’t have failures. They have learning ______________”.
22 / 50
22. Nearly every authority on entrepreneurship recognizes the importance of self-motivation and self-determination for entrepreneurial success.
23 / 50
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. Autonomy is the idea for ______________and the freedom to make decisions.
25 / 50
25. Because of the hurdles and obstacles that must be overcome, the entrepreneur must be consistently __________________
26 / 50
26. Theories pounded by various scholars include: psychological, sociological and _________________
27 / 50
27. _______ Factors such as the economy, the weather, and changes in consumer tastes often have a dramatic effect on a business.
28 / 50
28. __________________has been defined as a person’s belief in his or her capability to perform a task.
29 / 50
29. Team learning is NOT fundamental to the performance of a team
30 / 50
30. There is no consensus concerning the definition of entrepreneur but most include a willingness to take risks in the pursuit of an_________________.
31 / 50
31. The concept of an entrepreneur is further refined when principles and terms from a business, managerial, and personal perspective are considered.
32 / 50
32. The accurate description of Weber's paradigm might be the development ethics and the spirit protestant ethic.
33 / 50
33. ________ addresses the output aspects of any decision.
34 / 50
34. Entrepreneurs believe that their success or failure depends on their own actions; This quality is known as an__________________________ locus of control.
35 / 50
35. Entrepreneurship involves the creation process-creating something new of value.
36 / 50
36. _________ prescribed fourteen measures to cure the crisis of quality.
37 / 50
37. Entrepreneurs are NOT confident in their abilities and the business concept.
38 / 50
38. _________ 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.
39 / 50
39. __________ theory states that changes in attitudes lead to changes in behaviour.
40 / 50
40. When faced with a difficult problem, the starting point for team discussion is _________
41 / 50
41. Members of the work-team diagnose how they work-together and plan changes that will affect their effectiveness.
42 / 50
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. It is common for entrepreneurs to learn an _____________ while working for someone else.
44 / 50
44. _________ Quality triology emphasized the roles of quality planning, quality control and quality improvement.
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45. 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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46. The life of an entrepreneur is_____________. No one is sating schedules or step-by-step processes for the entrepreneur to follow.
47 / 50
47. Entrepreneurs often decide to start their own businesses in order to avoid having a boss. True of False
48 / 50
48. The cooperative societies sell their products to outsiders only in debts. True of False
49 / 50
49. Which one of the following is a cause of corporate failure.
50 / 50
50. 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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