ENT 101 CBT PRACTICE

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

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

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

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

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

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

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

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

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

10. Entrepreneurship in Nigeria started when:

11. Early Nigerian entrepreneurs relied on:

12. Can anyone start a business?

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

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

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

16. ______ involves the process of creating and running one's business.

17. Who introduced the concept of intrapreneurs?

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

19. Below are characteristics of an Entrepreneur except ____

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

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

22. The Nigerian economy is primarily a _________ economy.

23. The colonial economic system discouraged Nigerian entrepreneurship by:

24. All of these are concept enterprise except ___

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

26.

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

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

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

30. What discouraged entrepreneurship development during the colonial era?

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

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

33. Creativity is:

34.

35. The introduction of formal education during the colonial era

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

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

38. The scholar who first stressed the significance of entrepreneurship for economic
growth is……….

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

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

41. NLBD means ____

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

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

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

45. How did Israel Kirzner define an entrepreneur?

46.

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

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

49. Who first used the term "entrepreneur"?

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

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

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

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

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

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

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

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

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

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

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