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

2 / 50

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

3 / 50

3. How was Bill Gate able to stay the richest man as an entrepreneur till date

4 / 50

4. Chief Micheal Ade Ojo founded ______

5 / 50

5.  An entrepreneur is involved in _________

6 / 50

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

7 / 50

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

8 / 50

8. 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.

9 / 50

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

10 / 50

10.  ______ 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%.

11 / 50

11.  Michael Dell as an entrepreneur started building computers and selling them directly to people focusing on what?

12 / 50

12. Leo Stan Ekeh scored another first in 2001 when he set up Zinox Technologies Limited to manufacture _____, Nigeria's First Internationally Certified Branded Computers

13 / 50

13.  The following are example of Nigerian entrepreneurs except?

14 / 50

14. 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 _______

15 / 50

15. 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?

16 / 50

16. 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.

17 / 50

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

18 / 50

18. 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?

19 / 50

19. 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.

20 / 50

20.  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

21 / 50

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

22 / 50

22. 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?

23 / 50

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

24 / 50

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

25 / 50

25. Bill Gate and his partner Paul Allen together as entrepreneurs built the world's largest software business

26 / 50

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

27 / 50

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

28 / 50

28. Characteristics of an entrepreneur include the following except ________

29 / 50

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

30 / 50

30. 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

31 / 50

31. 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

32 / 50

32. _______ 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

33 / 50

33. ________ are those that have the ability to find and pursue a problem and solutions to them.

34 / 50

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

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. 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 _______

37 / 50

37. 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

38 / 50

38. 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?

39 / 50

39.  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?

40 / 50

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

41 / 50

41.  Nairaland, the largest online forum in Africa was founded by _____ who pursued his programming dream and his love for the internet

42 / 50

42. 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?

43 / 50

43. 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

44 / 50

44.  In spite of his wealth, Li Ka Shing has a reputation for living a______ lifestyle, and is known as the billionaire who wears cheap shoes and old watches.

45 / 50

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

46 / 50

46. 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 _______

47 / 50

47. 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

48 / 50

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

49 / 50

49.  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?

50 / 50

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

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