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!
ENT208
1 / 50
1. Bill Gate and his partner Paul Allen together as entrepreneurs built the world's largest software business
2 / 50
2. Jason Chukwuma Njoku is a British-born Nigerian entrepreneur, film magnate and African start-up investor who founded Iroko TV on his ______ attempt at business
3 / 50
3. In July 2010, Michael Dell made headlines when he agreed to pay more than ______ in penalties in order to settle charges of accounting fraud that had been filed by the Security and Exchange Commission but as an entrepreneur he did not give up
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4. Chief Micheal Ade-Ojo of Elizade Group lost his job at CFAO Motors and British Petroleum (BP) to become an independent man and setup his company making him an ____
5 / 50
5. JP Morgan is a great example of _______ in the way that he approached the loss of the Niagara Fall power plant contract as he never gave up
6 / 50
6. Orji Uzor Kalu strength as an entrepreneur was in his ability to ______ into many businesses
7 / 50
7. One of Aliko Dangote's business strategies for succeeding in the commodity market was to develop a strong ______ network and make the delivery of his goods faster than that of his competitors.
8 / 50
8. Successful entrepreneurs found one way or the other to break the opportunity ice to eventually start and grow successful businesses. While larger challenges stand in-line waiting for new entrepreneurs, tenacity of purpose will always win. How true is this?
9 / 50
9. Dr.Cosmos Maduka's of Coscharis group gift is entrepreneurship. Starting from a meagre capital of _____ naira he has built an unimaginable business empire.
10 / 50
10. How was Bill Gate able to stay the richest man as an entrepreneur till date
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11. Walter Elias "Walt" Disney and his ______ Roy co-founded Walt Disney Productions, which became one of the best-known motion-picture production companies in the world.
12 / 50
12. ______ started working at RT Briscoe but later went on to acquire 100% of RT Briscoe in Nigeria, and subsequently acquired more shares, to make his total holdings in Toyota Nigeria Limited, sum up to 74%.
13 / 50
13. Zenith International Bank founded by Jim Ovia was soon packing in customers as one of the new generation banks through the use of _________ and __________
14 / 50
14. Folorunsho Alakija (Africa's richest woman) involvement in the oil and gas industry, started through _______ she met while was still actively involved in the world of fashion, and they got involved in the business of oil.
15 / 50
15. Chief Micheal Ade-Ojo in 1971 started the company, Elizade Independent Agencies (EIA), with his ____
16 / 50
16. Larry Ellison is a world class entrepreneur in the Information Technology Industry
17 / 50
17. Jim Ovia's explanation for the tremendous success of Zenith was quite simple and it is ________
18 / 50
18. Leo Stan Ekeh scored another first in 2001 when he set up Zinox Technologies Limited to manufacture _____, Nigeria's First Internationally Certified Branded Computers
19 / 50
19. Ten years after its founding, the Buffett Partnership owned by entrepreneur Warren Buffet assets were up more than 1,156% compared to the Dow's 122.9%. True or Fasle
20 / 50
20. An entrepreneur is involved in _________
21 / 50
21. Which of the following are ALL characteristics of an entrepreneur?
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22. Dr.Cosmos Maduka started his business from a meagre capital of ____ and today he has built an unimaginable business empire.
23 / 50
23. What type of risks do entrepreneurs take?
24 / 50
24. Oba Otudeko worked in banks for 23 years and slowly but steadily climbed up the ranks. He eventually became the General Manager and acting Chief Executive Officer of the erstwhile Cooperative Bank but never became well known until he established his company called _______
25 / 50
25. With Bill Gates acumen for software development and a keen business sense, Gates placed himself as the head of Microsoft, which grossed approximately $2.5 million in 1979. What age was he then?
26 / 50
26. Zuckerberg was not willing to sell out thereby turning down offers from companies such as Yahoo! and MTV Networks. Instead, he focused on expanding the site, opening up his project to outside developers and adding more features. Was the risk he took worth it?
27 / 50
27. Characteristics of an entrepreneur include the following except ________
28 / 50
28. Mark Zuckerberg co-founded the social-networking website Facebook out of his _______
29 / 50
29. Chief Michael Ade-Ojo of Elizade motors while at RT Brisco Group in just four months after he sealed a deal with Brisco sold about how many cars
30 / 50
30. Orji Uzor Kalu on suspension from school, left school, and proceeded to build a business and at the age of 19, Orji Uzor Kalu proceeded to borrow a ____ loan from his mother
31 / 50
31. The following are example of Nigerian entrepreneurs except?
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32. Intrigued by the expanding world of computers and gadgetry, Dell purchased an early Apple computer at the age of 15 for the strict purpose of taking it apart to see how it worked. As an entrepreneur, this characteristic is called what?
33 / 50
33. Carnegie saw _______ as a new material that would change the building and manufacturing landscape
34 / 50
34. Which entrepreneur was sent to a master at Onitsha to be an apprentice when his father could not send him to school, was treated with an iron hand by his trade master but today owns one of the biggest spare part manufacturing companies in Nigeria?
35 / 50
35. At the age of _____ Micheal Dell purchased an early Apple computer in order to take it apart to see how it worked.
36 / 50
36. Ray Kroc became president of the McDonald's Corporation after he bought out the owners of the company entirely six years into operation by practising which entrepreneurial strategy?
37 / 50
37. Paul Getty of Getty Oil stated that "You must take risks, both with your own money or with borrowed money. Risk taking is essential to business growth." Is this true?
38 / 50
38. Richard Branson as an entrepreneur believes so much in diversification and that's why the Virgin Group holds more than ______ companies
39 / 50
39. _______ understanding of supply and demand extended outside of the classroom as his needing to make money to continue his education (he was paying his own tuition) made him start giving dance lessons which eventually led to him hosting a show and making money
40 / 50
40. ______ started out his company in 2010 with a gift of $250 from his mother and it took him 8 months to make the first deal and his company is now worth more than $6 million in revenue
41 / 50
41. Aliko Dangote as an entrepreneur and one who believes in diversification has its flagship product as Dangote ________
42 / 50
42. Jimoh Ibrahim is one of the wealthiest Nigerians and he has made billions of dollars from numerous investments in the following Industry except?
43 / 50
43. One of Aliko Dangote's business strategies for succeeding in the commodity market was to develop a strong ______ network and make the delivery of his goods faster than that of his competitors
44 / 50
44. Chief Micheal Ade Ojo founded ______
45 / 50
45. Anna Phosa started her pig farm venture in 2004 in Soweto with about ______ in hand after she bought four pigs with that money and being introduced to pig farming by a close friend.
46 / 50
46. Aliko Dangote took interest very early in entrepreneurship and the first funding he got for his business was through ______ from his grandfather
47 / 50
47. Bill Gates is a great philantropist who has given a large percentage of his wealth to solving problems in Africa and other continents. True or False
48 / 50
48. Dr.Cosmos Maduka father died when he was only 4 and this led to his mother being the only one catering for him. At the age of 7 when he was in Primary 3 he was withdrawn from school due to lack of resources so he resorted to _______
49 / 50
49. Nairaland, the largest online forum in Africa was founded by _____ who pursued his programming dream and his love for the internet
50 / 50
50. Chief Cletus Ibeto started his business as an entrepreneur with _____
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