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CBT TEST

ENT 101 CBT PRACTICE

Take your time to read instructions before taking this test.

There are 40 questions which you are to answer in 15 minutes that gives you roughly 30 seconds per question.

If you can get at least 60%, you can be rest assured that you’ll ace ENT 101 exam

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PS

In a normal exam you will be asked between 40 – 60 questions but I only arranged 40 questions

 

Note

  • Do not be in a hurry to answer the questions
  • Do not waste time on a question you don’t know
  • Move as fast as possible and starting with questions that don’t have calculation first to save time
  • Always crosscheck
  • Don’t be in a hurry to submit, you are not in a competition
  • Don’t be scared. Getting an A is easy
  • Don’t be over confident, you can end up a D, E or F. Calm your blood, no be only you sabi book
  • Please do well to use our comment box incase there’s a message you want to pass to us

70 – 100 A

60 – 69 B

50 – 59 C

45 – 49 D

40 – 44 E

0 – 39 F

I wish you success

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ENT 101

1 / 40

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

 

2 / 40

2. Modern entrepreneurship in Nigeria began with:

3 / 40

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

 

4 / 40

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

5 / 40

5.

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

 

6 / 40

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

 

7 / 40

7. Early Nigerian entrepreneurship was primarily characterized by:

8 / 40

8. How did Israel Kirzner define an entrepreneur?

 

9 / 40

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

10 / 40

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

 

11 / 40

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

12 / 40

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

13 / 40

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

14 / 40

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

15 / 40

15. Who introduced the concept of intrapreneurs?

 

16 / 40

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

 

17 / 40

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

 

18 / 40

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

19 / 40

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

20 / 40

20.

How did Michael Porter view entrepreneurs?

 

21 / 40

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

 

22 / 40

22. What discouraged entrepreneurship development during the colonial era?

23 / 40

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

24 / 40

24. Who first used the term "entrepreneur"?

 

25 / 40

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

 

26 / 40

26. The introduction of formal education during the colonial era

27 / 40

27.

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

 

28 / 40

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

 

29 / 40

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

30 / 40

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

31 / 40

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

32 / 40

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

33 / 40

33. Entrepreneurship in Nigeria started when:

34 / 40

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

 

35 / 40

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

36 / 40

36. Early Nigerian entrepreneurs relied on:

37 / 40

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

 

38 / 40

38. What is the primary role of an entrepreneur?

 

39 / 40

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

 

40 / 40

40. The colonial economic system discouraged Nigerian entrepreneurship by:

Your score is

The average score is 40%

0%

Phil

Phil aka Undergragra is a Computer Engineering Graduate at the Federal University Oye-Ekiti. He is a lover of God, a passionate teacher, writer and an educational consultant.

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