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. 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.

2 / 50

2. 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.

3 / 50

3. 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.

4 / 50

4. 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.

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. 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

7 / 50

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

8 / 50

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

9 / 50

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

10 / 50

10. 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 _______

11 / 50

11. What type of risks do entrepreneurs take?

12 / 50

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

13 / 50

13. 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.

14 / 50

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

15 / 50

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

16 / 50

16.  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?

17 / 50

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

18 / 50

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

19 / 50

19. ______ 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

20 / 50

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

21 / 50

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

22 / 50

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

23 / 50

23. 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 ____

24 / 50

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

25 / 50

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

26 / 50

26.  The following are example of Nigerian entrepreneurs except?

27 / 50

27. 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 _______

28 / 50

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

29 / 50

29. 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

30 / 50

30. 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

31 / 50

31.  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

32 / 50

32.  ______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

33 / 50

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

34 / 50

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

35 / 50

35. 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?

36 / 50

36. 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

37 / 50

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

38 / 50

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

39 / 50

39. 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?

40 / 50

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

41 / 50

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

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. 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?

44 / 50

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

45 / 50

45. Characteristics of an entrepreneur include the following except ________

46 / 50

46. 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?

47 / 50

47.  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?

48 / 50

48.  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.

49 / 50

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

50 / 50

50. 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.

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