ENT 101 CBT PRACTICE

1. All of these are components of feasibility study except _____

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

3.

4.

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

6. What is the primary role of an entrepreneur?

7. Marketing research is the set of process that links the Consumer, Customer and public to the marketer through information. True or false?

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

9. Entrepreneurship and functional education curriculum is :

10. ................. is the scientific stage that involves in seemingly quite unscientific procedure of guessing

11. Which of the following is not a function of the Feasibility Report?

12. The non-continuous process of combining resources of time, man, money and
materials to create products, services and ideas is ………..

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

14. All of these are some of the major types of An Entrepreneur except ______

15. Early Nigerian entrepreneurs relied on:

16. The fundamental assumptions of the curriculum of entrepreneurial and functional
education are at the following except:

17. Who introduced the concept of intrapreneurs?

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

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

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

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

22. Feasibility is a study of technical documents. State true or false.

23. According to Adams (2005) the following are critical to individual creativity except:

24. Below are characteristics of an Entrepreneur except ____

25. The first step in creative process according to Holt (1992) is:

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

27. Who first used the term "entrepreneur"?

28. What discouraged entrepreneurship development during the colonial era?

29.

30. _____ is one of the causes of business failure.

31. Modern entrepreneurship in Nigeria began with:

32. All of these are concept enterprise except ___

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

34. ____ defines globalization as the process of creating networks of connection among actors in year _______.

35. The well-established habit of doing something expertly or the habit of doing something well is known as ______________.

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

37. As an economy matures and its wealth increases, the emphasis on industrial activity
gradually shift toward an expanding service sector that caters to the needs of an
increasingly affluent population and supplies the services normally expected of a
high-income society. This is called……..

38. The two disciplines where entrepreneurship originated were …… / ……

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

40. _____ is a new idea, device, or process.

41. Which of the following is not a peculiar problem faced by Nigerian entrepreneurs

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

43. NLBD means ____

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

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

46. The colonial economic system discouraged Nigerian entrepreneurship by:

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

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

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

50. The introduction of formal education during the colonial era

51. The one who creates a new enterprise in a risky and uncertain environment is
referred to as a (an)……………...

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

53. Can anyone start a business?

54. All of these are some of Traits of Entrepreneur except ______

55. Early Nigerian entrepreneurship was primarily characterized by:

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

57. Entrepreneurship in Nigeria started when:

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

59. The characteristics of entrepreneurs as risk-bearers, coordinators and organizers,
gap-fillers, leaders, and innovators or creative imitators were listed by……………..

60. Creative process according to Holt (1992) can be classified into: