ENT 101 CBT PRACTICE

1. The colonial economic system discouraged Nigerian entrepreneurship by:

2. According to Harvard Business School, an entrepreneur is someone who pursues what?

3. Programs like the People’s Bank of Nigeria were created to:

4. Howard Stevenson described entrepreneurship as the pursuit of opportunities:

5. What does "creative destruction" refer to in entrepreneurship?

6. How did Israel Kirzner define an entrepreneur?

7. Which scholar's definition includes the term "creative destruction"?

8. Early Nigerian entrepreneurship was primarily characterized by:

9. According to Frank Knight, entrepreneurs are rewarded for managing:

10. The introduction of formal education during the colonial era

11. Early Nigerian entrepreneurs relied on:

12. Which scholar views entrepreneurs as decision-makers under uncertainty?

13. The refusal of expatriates to use local entrepreneurs led to:

14. What does the term "entrepreneur" etymologically mean?

15. What does Frank Knight emphasize in his definition of entrepreneurship?

16.

How did Michael Porter view entrepreneurs?

17. What is the central element in David McClelland's view of entrepreneurship?

18. What did Henry Ford emphasize as the entrepreneur’s role?

19. Entrepreneurship in Nigeria started when:

20. Which scholar described entrepreneurship as the creation of new organizations?

21. What is the primary role of an entrepreneur?

22. The term "entrepreneur" originated from which language?

23.

What do Shane and Venkataraman identify as a key process in entrepreneurship?

24. Which economist emphasized that entrepreneurship involves resource shifts to increase productivity?

25. What role do entrepreneurs play according to Ronald Coase?

26. According to Bruce Kirchhoff, what do entrepreneurs significantly contribute to?

27. The widely accepted definition of entrepreneurship by Peter Drucker focuses on:

28. What initiative encouraged self-reliance in Nigeria post-colonial era?

29. Modern entrepreneurship in Nigeria began with:

30. Who described entrepreneurship as the process of discovering, evaluating, and exploiting opportunities?

31. From which language does the term "entrepreneur" originate?

32. What is the widely accepted definition of entrepreneurship by Peter Drucker?

33. What discouraged entrepreneurship development during the colonial era?

34. Who first used the term "entrepreneur"?

35. According to Jean-Baptiste Say, what is the role of an entrepreneur?

36. Who defined entrepreneurs as individuals who innovate through "creative destruction"?

37. According to Peter Drucker, entrepreneurship involves which key activity?

38. Who introduced the concept of intrapreneurs?

39.

According to Casson and Wadeson, what do entrepreneurs shape through their decisions?

40. Which scholar viewed entrepreneurs as market arbitrageurs identifying opportunities in imperfect markets?