Category: ENT208



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!


1 / 50

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

2 / 50

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

3 / 50

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

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.  ______ 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%.

6 / 50

6.  An entrepreneur is involved in _________

7 / 50

7. 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

8 / 50

8. Characteristics of an entrepreneur include the following except ________

9 / 50

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

10 / 50

10. _______ 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

11 / 50

11. 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

12 / 50

12. 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.

13 / 50

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

14 / 50

14. ______ 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

15 / 50

15. 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?

16 / 50

16. Chief Micheal Ade Ojo founded ______

17 / 50

17. 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

18 / 50

18. 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

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

20 / 50

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

21 / 50

21. 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 _____

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22. 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.

23 / 50

23. 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.

24 / 50

24. 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?

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.  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?

27 / 50

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

28 / 50

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

29 / 50

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

30 / 50

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

31 / 50

31. What type of risks do entrepreneurs take?

32 / 50

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

33 / 50

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

34 / 50

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

35 / 50

35. 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 ____

36 / 50

36. 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.

37 / 50

37.  ______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

38 / 50

38. 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

39 / 50

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

40 / 50

40. 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?

41 / 50

41. 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?

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

44 / 50

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

45 / 50

45. 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?

46 / 50

46. 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 _______

47 / 50

47.  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

48 / 50

48. 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

49 / 50

49. 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 _______

50 / 50

50. 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 _______

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