ENT 101 CBT PRACTICE

1. Entrepreneurship and functional education curriculum is :

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

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

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

5. Creativity is:

6. Scholars that have contributed to the topic of entrepreneurial and functional
education include all except

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

8. What discouraged entrepreneurship development during the colonial era?

9. What is the primary role of an entrepreneur?

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

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

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

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

14. The introduction of formal education during the colonial era

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

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

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

18. The Nigerian economy is primarily a _________ economy.

19. All of these are concept enterprise except ___

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

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

22.

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

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

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

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

26. The concept ‘entrepreneur’ was first coined by……………...

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

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

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

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

31. How did Israel Kirzner define an entrepreneur?

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

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

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

35. When an entrepreneur directs and controls all organizational activities to ensure
that things are done properly on schedule, he is performing the…….. role.

36.

How did Michael Porter view entrepreneurs?

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

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

39. __________________ is a system principle governing the appropriate conduct for a person or group

40. ______ was the first to apply the concept of Entrepreneur to business in year _____

41. NLBD means ____

42. Who first used the term "entrepreneur"?

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

44. Early Nigerian entrepreneurs relied on:

45. The colonial economic system discouraged Nigerian entrepreneurship by:

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

47. Below are characteristics of an Entrepreneur except ____

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

49. Who introduced the concept of intrapreneurs?

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

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

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

53. Can anyone start a business?

54. Entrepreneurship in Nigeria started when:

55.

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

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

58.

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

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