ENT208




Category: ENT208

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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. 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 _______

2 / 50

2.  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?

3 / 50

3.  The Obajana cement is also the biggest quoted company in ______ Africa and the only Nigerian company on the Forbes global 2000 companies.

4 / 50

4. 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?

5 / 50

5. Fola Adeola and Tayo Aderinokun with his close friend, business partner and long-time confidant conceived the idea that gave birth to ______

6 / 50

6. Dr.Cosmos Maduka started his business from a meagre capital of ____ and today he has built an unimaginable business empire.

7 / 50

7. Orji Uzor Kalu strength as an entrepreneur was in his ability to ______ into many businesses

8 / 50

8. 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

9 / 50

9.  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

10 / 50

10. At the age of _____ Micheal Dell purchased an early Apple computer in order to take it apart to see how it worked.

11 / 50

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. Mark Zuckerberg co-founded the social-networking website Facebook out of his _______

13 / 50

13. The name of the entrepreneur whose success in the petroleum industry began when he noticed a gap in the process of procuring fuel while working with the Dangote Group is _____

14 / 50

14. 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 ____

15 / 50

15.  Jimoh Ibrahim is one of the wealthiest Nigerians and he has made billions of dollars from numerous investments in the following Industry except?

16 / 50

16. Carnegie saw _______ as a new material that would change the building and manufacturing landscape

17 / 50

17.  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?

18 / 50

18. 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

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. 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 _______

21 / 50

21. 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?

22 / 50

22. 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

23 / 50

23. Aliko Dangote took interest very early in entrepreneurship and the first funding he got for his business was through ______ from his grandfather

24 / 50

24. What type of risks do entrepreneurs take?

25 / 50

25. Entrepreneurial thinkers and giants refers to individuals who possess the skills and ability to _____

26 / 50

26.  ______entrepreneurial strategy was to understand how a company worked - what made it superior to competitors and was predominately interested in a company's management and leadership as a major factor when deciding to invest

27 / 50

27. 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?

28 / 50

28. Vanderbilt with his visionary characteristics saw the shift in transportation to ____

29 / 50

29. MRS Holdings Limited at the start had just ____ staff but today has over ____ staff due to entrepreneurship?

30 / 50

30. ______ 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

31 / 50

31. Which of the following are ALL characteristics of an entrepreneur?

32 / 50

32. 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

33 / 50

33. At _______ years old, Warren Buffet made his first investment, buying three shares of Cities Service Preferred at $38 per share. The stock quickly dropped to only $27, but Buffett held on tenaciously until they reached $40.

34 / 50

34.  Dr.Cosmos Maduka's of Coscharis group gift is entrepreneurship. Starting from a meagre capital of _____ naira he has built an unimaginable business empire.

35 / 50

35.  ______ 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%.

36 / 50

36. Richard Branson as an entrepreneur believes so much in diversification and that's why the Virgin Group holds more than ______ companies

37 / 50

37. 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

38 / 50

38. Zenith International Bank founded by Jim Ovia was soon packing in customers as one of the new generation banks through the use of _________ and __________

39 / 50

39. Axel Fourie founder of iFix which now manufactures mobile phones and exports to 12 African countries start-up capital was how much?

40 / 50

40. 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

41 / 50

41.  _______ 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

42 / 50

42. How many times should an entrepreneur who is passionate about a business keep trying even when he fails?

43 / 50

43. Aliko Dangote as an entrepreneur and one who believes in diversification has its flagship product as Dangote ________

44 / 50

44. Vincent Amaechi Obianodo being from a humble background with little to nothing to boast of, he moved to Kano in his teenage years in search of greener pastures. He learnt how to fix punctured tyres and started out as a vulcanizer but today he owns _______

45 / 50

45. Chief Micheal Ade Ojo founded ______

46 / 50

46. Chief Micheal Ade-Ojo in 1971 started the company, Elizade Independent Agencies (EIA), with his ____

47 / 50

47. Who among the following is not a world class entrepreneur _________

48 / 50

48. ______ business interest spans over 90 countries and one of his companies account for 11.5% of Hong Kong's stock market value.

49 / 50

49. 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.

50 / 50

50. 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.

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