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. 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?

2 / 50

2. 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 ____

3 / 50

3.  _______ 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

4 / 50

4. 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.

5 / 50

5. 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?

6 / 50

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

7 / 50

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

8 / 50

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

9 / 50

9. 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.

10 / 50

10.  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?

11 / 50

11. 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

12 / 50

12. 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

13 / 50

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

14 / 50

14. 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

15 / 50

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

16 / 50

16. 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 ______

17 / 50

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

18 / 50

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

19 / 50

19. 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 _____

20 / 50

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

21 / 50

21.  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

22 / 50

22. 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

23 / 50

23. 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 _______

24 / 50

24. Folorunsho Alakija (Africa's richest woman) started her business as an entrepreneur in a ___ bedroom flat in Surulere Lagos

25 / 50

25. 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

26 / 50

26. 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?

27 / 50

27. 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

28 / 50

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

29 / 50

29. Chief Micheal Ade Ojo founded ______

30 / 50

30. Larry Ellison is a world class entrepreneur in the Information Technology Industry

31 / 50

31. 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?

32 / 50

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

33 / 50

33. What type of risks do entrepreneurs take?

34 / 50

34. 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 _______

35 / 50

35. 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

36 / 50

36.  ______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

37 / 50

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

38 / 50

38. 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.

39 / 50

39.  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.

40 / 50

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

41 / 50

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

42 / 50

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

43 / 50

43. Characteristics of an entrepreneur include the following except ________

44 / 50

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

45 / 50

45.  The following are example of Nigerian entrepreneurs except?

46 / 50

46. ______ 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

47 / 50

47. Dele Fajemirokun has grown to become a renowned entrepreneur and prominent boardroom guru in his own right through _____

48 / 50

48. From the story of Michael Dell, organizational leadership is very important in an entrepreneurial firm considering the loss the company suffered?

49 / 50

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

50 / 50

50. 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

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