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

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. 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

4 / 50

4.  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?

5 / 50

5. 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

6 / 50

6. Characteristics of an entrepreneur include the following except ________

7 / 50

7. 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

8 / 50

8. 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

9 / 50

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

10 / 50

10. 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

11 / 50

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

12 / 50

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

13 / 50

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

14 / 50

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

15 / 50

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

16 / 50

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

17 / 50

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

18 / 50

18. 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 _____

19 / 50

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

20 / 50

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

21 / 50

21. 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.

22 / 50

22. What type of risks do entrepreneurs take?

23 / 50

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

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.  ______ 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%.

26 / 50

26.  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

27 / 50

27. 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?

28 / 50

28. Chief Cletus Ibeto started his business as an entrepreneur with _____

29 / 50

29. 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 _______

30 / 50

30. Chief Micheal Ade Ojo founded ______

31 / 50

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

32 / 50

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

33 / 50

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

34 / 50

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

35 / 50

35.  ______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

36 / 50

36. 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

37 / 50

37. 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?

38 / 50

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

39 / 50

39. 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.

40 / 50

40. 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 _______

41 / 50

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

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.  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?

44 / 50

44. 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

45 / 50

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

46 / 50

46.  Jim Ovia's explanation for the tremendous success of Zenith was quite simple and it is ________

47 / 50

47. 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

48 / 50

48. 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.

49 / 50

49. 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

50 / 50

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

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