GST 105 CBT TEST EXAM MODE

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

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

3. All of these are concept enterprise except ___

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

5. The Nigerian economy is primarily a _________ economy.

6. NLBD means ____

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

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

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

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

11.

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

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

14. Below are characteristics of an Entrepreneur except ____

15. 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……..

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

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

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

19. Entrepreneurship and functional education curriculum is :

20.

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

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

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

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

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

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

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

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

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

30. Creativity is:

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

32.

33.

34. Can anyone start a business?

35. Observations can also be classified

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

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

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

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

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