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. 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
2 / 50
2. Jim Ovia's explanation for the tremendous success of Zenith was quite simple and it is ________
3 / 50
3. 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
4 / 50
4. Richard Branson struggled in school and dropped out at age 16 to pursue his dream as an entrepreneur, a decision that ultimately lead to the creation of ______
5 / 50
5. MRS Holdings Limited at the start had just ____ staff but today has over ____ staff due to entrepreneurship?
6 / 50
6. An entrepreneur does all the following except ________
7 / 50
7. Sir Emeka Offor began his business career as an apprentice to his uncle and in 1994; he formed the Chrome Group, entering into Nigeria's oil and gas industry but his success came from his ______ of work
8 / 50
8. 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.
9 / 50
9. 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 At the age of 7 when he was in Primary 3 he was withdrawn from school due to lack of resources so he resorted to _______
10 / 50
10. What type of risks do entrepreneurs take?
11 / 50
11. Nairaland, the largest online forum in Africa was founded by _____ who pursued his programming dream and his love for the internet
12 / 50
12. Orji Uzor Kalu strength as an entrepreneur was in his ability to ______ into many businesses
13 / 50
13. How many times should an entrepreneur who is passionate about a business keep trying even when he fails?
14 / 50
14. 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 _______
15 / 50
15. Chief Micheal Ade-Ojo in 1971 started the company, Elizade Independent Agencies (EIA), with his ____
16 / 50
16. At the age of _____ Micheal Dell purchased an early Apple computer in order to take it apart to see how it worked.
17 / 50
17. Vanderbilt with his visionary characteristics saw the shift in transportation to ____
18 / 50
18. Who among the following is not a world class entrepreneur _________
19 / 50
19. Dr.Cosmos Maduka started his business from a meagre capital of ____ and today he has built an unimaginable business empire.
20 / 50
20. ______ 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
21 / 50
21. Zinox Group salvaged the 2006 Voters' registration exercise by delivering _____ computer systems to INEC in 3 weeks and it was through Leo Stan Ekeh ingenuity
22 / 50
22. From the story of Michael Dell, organizational leadership is very important in an entrepreneurial firm considering the loss the company suffered?
23 / 50
23. ________ are those that have the ability to find and pursue a problem and solutions to them.
24 / 50
24. _______ 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
25 / 50
25. Larry Ellison is a world class entrepreneur in the Information Technology Industry
26 / 50
26. 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
27 / 50
27. 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.
28 / 50
28. Which of the following are ALL characteristics of an entrepreneur?
29 / 50
29. Prince Samuel Adedoyin as one of the richest Nigerian entrepreneurs and founder of Doyin group of companies and had to face the usual challenges of been born into a polygamous homes and eventual separation of his parent but he is able to cement his stand in the following industry except?
30 / 50
30. 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?
31 / 50
31. How was Bill Gate able to stay the richest man as an entrepreneur till date
32 / 50
32. 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?
33 / 50
33. 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?
34 / 50
34. 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?
35 / 50
35. _______ is regarded as one of the richest black people in the world even though his father was a teacher while his mother was a business woman and he today owns Globacom
36 / 50
36. 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?
37 / 50
37. Richard Branson as an entrepreneur believes so much in diversification and that's why the Virgin Group holds more than ______ companies
38 / 50
38. Bill Gates was a voracious reader as a child, spending many hours poring over reference books such as the encyclopaedia and started to showing interest in computer programming even from the age of 13
39 / 50
39. Michael Dell as an entrepreneur started building computers and selling them directly to people focusing on what?
40 / 50
40. 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?
41 / 50
41. Aliko Dangote as an entrepreneur and one who believes in diversification has its flagship product as Dangote ________
42 / 50
42. Aliko Dangote took interest very early in entrepreneurship and the first funding he got for his business was through ______ from his grandfather
43 / 50
43. 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 ____
44 / 50
44. Carnegie saw _______ as a new material that would change the building and manufacturing landscape
45 / 50
45. Dele Fajemirokun has grown to become a renowned entrepreneur and prominent boardroom guru in his own right through _____
46 / 50
46. Axel Fourie founder of iFix which now manufactures mobile phones and exports to 12 African countries start-up capital was how much?
47 / 50
47. Characteristics of an entrepreneur include the following except ________
48 / 50
48. Bill Gates's intelligence allowed him to be able to see all sides of the software industry product development and corporate strategy. How important is this for an entrepreneur?
49 / 50
49. Li Ka Shing business interest spans over _______ number of countries and one of his companies account for 11.5% of Hong Kong�??s stock market value.
50 / 50
50. 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?
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