ENT 101 CBT PRACTICE

1. Who introduced the concept of intrapreneurs?

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

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

4. How did Israel Kirzner define an entrepreneur?

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

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

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

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

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

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

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

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

13. The Nigerian economy is primarily a _________ economy.

14.

15.

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

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

17. Who first used the term "entrepreneur"?

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

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

20. Early Nigerian entrepreneurs relied on:

21.

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

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

24.

25. Early Nigerian entrepreneurship was primarily characterized by:

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

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

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

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

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

31. NLBD means ____

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

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

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

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

36. Entrepreneurship and functional education curriculum is :

37. The introduction of formal education during the colonial era

38.

39. 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……..

40.

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

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

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

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

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

45. Modern entrepreneurship in Nigeria began with:

46. All of these are concept enterprise except ___

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

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

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

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

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

52. What is the primary role of an entrepreneur?

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

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

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

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

57. What discouraged entrepreneurship development during the colonial era?

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

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

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