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!
GST302
1 / 50
1. The headquarters of the Corporate Affairs Commission is based in _____
2 / 50
2. The essence of _______ the external environment of business is in order to identify opportunities and threats
3 / 50
3. The essence of scanning the external environment of business is in order to identify ________
4 / 50
4. One of the benefits of ________ is It justifies your plan and actions
5 / 50
5. Threats from external environmental factors can come from _______
6 / 50
6. The minimum number required to start a sole proprietorship ________
7 / 50
7. The …………………. Was established by the Companies and Allied Matters Act (CAMA) 1990 as a corporate body with perpetual succession and a common seal.
8 / 50
8. All of the following are the disadvantages of sole proprietorship except ________
9 / 50
9. An agency that is concerned with the investigation of all financial crimes is ___________
10 / 50
10. A written business plan should have all the following except _____________
11 / 50
11. ___________ is the reason for the organization's existence, a clear description of the activities of the organization
12 / 50
12. The three levels of Regulation in Nigeria are Federal, State and _________
13 / 50
13. The entrepreneur can assess the internal environment of the business by critically looking at ___________
14 / 50
14. Ensuring that the use of narcotic drugs and psychotropic substances are limited to medical and scientific purpose is a function of ________
15 / 50
15. The headquarters of the Corporate Affairs Commission is based in ________
16 / 50
16. Entrepreneur can assess the external environment of the business by critically looking at the ___________
17 / 50
17. An advantage of sole proprietorship is ___________
18 / 50
18. ________ is the fee charged for the privilege of borrowing money.
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19. Opportunities in the political/legal environment could be ___________
20 / 50
20. The environment that recognizes the customs, traditions and value of the community is known as ________
21 / 50
21. Establishing and maintaining companies" registry and offices in all the states of the Federation is a function of __________
22 / 50
22. The entrepreneur can assess the internal environment of business by critically looking at the _________ and threats
23 / 50
23. The sinking fund was first used in Great Britain in the _______ th century
24 / 50
24. One of the following is not an advantage of sole proprietorship
25 / 50
25. The headquarters of the Corporate Affairs Commission is based in?
26 / 50
26. Threats from external environmental factors can come from: _______
27 / 50
27. A plan must be ________
28 / 50
28. Ensuring that the use of narcotic drugs and psychotropic substances are limited to medical and scientific purpose is a function of __________
29 / 50
29. An agency that is responsible for providing advice, educate to public on and against bribery and corruption is _________
30 / 50
30. The __________ environment prescribes acceptable principles and guides in business relationship
31 / 50
31. The organisation that is concerned with the registration of Business in Nigeria is ___________
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32. Cash Flow from financing activities includes _________ and buying back capital stock.
33 / 50
33. The scanning of the ____________ so as to identify the favourable and unfavourable conditions therein is swot analysis
34 / 50
34. The entrepreneur can assess the internal environment of business by critically looking at the opportunities and ___________
35 / 50
35. Ensuring that the use of narcotic drugs and psychotropic substances are limited to medical and scientific purpose is a function of _______
36 / 50
36. The organisation that is concerned with the registration of Business in Nigeria is ……………
37 / 50
37. An entrepreneur must be open to criticism and be ready to __________
38 / 50
38. Partnership formation requires minimum and maximum number of partners respectively _________
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39. Opportunities in the political/legal environment could be _________
40 / 50
40. An __________ is simply a statement that two numbers are not equal.
41 / 50
41. The need for a business plan includes all except: _________
42 / 50
42. One of the following is not the promotional / supportive roles of Government?
43 / 50
43. The essence of scanning the external environment of business is in order to identify ________
44 / 50
44. Establishing and maintaining companies" registry and offices in all the states of the Federation is a function of __________
45 / 50
45. Feature of vision is ________
46 / 50
The concept environment literally means the surroundings, internal, intermediate and ________ influences or circumstances under which someone or something exists
47 / 50
47. One of the disadvantages of sole proprietorship _________
48 / 50
48. The support systems that facilitate entrepreneurship process listed here are _________
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49. The document that states all the terms of partnership is known as ________
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50. The …………… environment prescribes acceptable principles and guides in business relationship.
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