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. Entrepreneurs do NOT face uncertain and irregular incomes.
2 / 50
2. _________ viewed entrepreneurship as an �??established way of doing business are destroyed by the creation of new and better ways to do them.
3 / 50
3. 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.
4 / 50
4. Because of the hurdles and obstacles that must be overcome, the entrepreneur must be consistently __________________
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5. 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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6. 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.
7 / 50
7. _________ prescribed fourteen measures to cure the crisis of quality.
8 / 50
8. Successful entrepreneurs are independent. They want to make their own _______________
9 / 50
9. Most economists today agree that entrepreneurship is a necessary ingredient for stimulating economic growth and employment opportunities in all societies.
10 / 50
10. When faced with a difficult problem, the starting point for team discussion is _________
11 / 50
11. Which one of the following is NOT a disadvantage of Entrepreneurship.
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12. It is essentially a desirable adaptation in creating a sharper vision and engender better approaches to performance delivery in this changing business environment.
13 / 50
13. The concept of entrepreneurship does NOT involve the consideration of a number of opportunities to enhance living standards and business profits.
14 / 50
14. _________ role ensures that the work team will spend time discussion ideas around the problems being faced.
15 / 50
15. _________ stage involves what is the cause of the problem.
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. Nearly every authority on entrepreneurship recognizes the importance of self-motivation and self-determination for entrepreneurial success.
18 / 50
18. 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.
19 / 50
19. Sociological approach does not try to explain the social conditions from which entrepreneur emerge and the social factors that influence their decision to become entrepreneurs.
20 / 50
20. Many successful entrepreneurs succeeded only after they had __________ several times.
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21. 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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22. Entrepreneurs are _____ in their abilities and the business concept.
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23. Which of the following is Characteristics of a Well Functioning Work Team.
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24. Where government policy contradicts the interest of a firm, the firm can NOT be adversely affected.
25 / 50
25. ________ this is an evaluative phase.
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26. ________ 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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27. When risk associated with investment decisions are not properly evaluated, the survival of a firm will be threatened.
28 / 50
28. Nearly every authority on entrepreneurship recognizes the importance of self-motivation and _______________for entrepreneurial success.
29 / 50
29. Work teams develop over time and go through _________ distinct stages of development.
30 / 50
30. Which of the following is a characteristics of a successful Entrepreneur.
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31. It is common for entrepreneurs to learn an _____________ while working for someone else.
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32. 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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33. Entrepreneurs are NOT confident in their abilities and the business concept.
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34. They also may fail because the entrepreneur chooses the wrong business or does not have entrepreneurial ______
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35. _______ Factors such as the economy, the weather, and changes in consumer tastes often have a dramatic effect on a business.
36 / 50
36. Work teams can exist in isolation.
37 / 50
37. Which one of the following is NOT an advantage of Entrepreneurship.
38 / 50
38. One of the reasons entrepreneurs are successful is that they have imagination and can envision ________________scenarios.
39 / 50
39. The entrepreneur must have more than a casual________________ in the business because he or she must overcome many hurdles and obstacles.
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40. Which one of the following is a factor that influences Entrepreneurship.
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41. The entrepreneurial _________can also be discovered by keeping the Larger business and starting a second one.
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42. Christensen and Overdorf maintain that when an organization faces the same sort of problem that its processes and values were designed to address, managing can be straightforward.
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43. _________ is a process of engendering higher levels of motivation and commitment among followers.
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44. 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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45. Which of the following stages is involved in team building.
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46. Entrepreneurship and economic growth take place when the economic conditions are favourable.
47 / 50
47. ________ 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.
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48. 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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49. ________and Innovation are understood as the combination of the concept of entrepreneurship.
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50. Which one of the following is NOT a type of work-team in an organization.
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