GST 105 CBT TEST EXAM MODE

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

2. All of these are concept enterprise except ___

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

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

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

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

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

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

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

10. What discouraged entrepreneurship development during the colonial era?

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

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

13. Observations can also be classified

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

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

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

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

18. Early Nigerian entrepreneurship was primarily characterized by:

19. 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……..

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

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

22.

How did Michael Porter view entrepreneurs?

23. Below are characteristics of an Entrepreneur except ____

24. The colonial economic system discouraged Nigerian entrepreneurship by:

25. Early Nigerian entrepreneurs relied on:

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

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

28. The introduction of formal education during the colonial era

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

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

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

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

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

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

35. Modern entrepreneurship in Nigeria began with:

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

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

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

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

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

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

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

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

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

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

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

47. The Nigerian economy is primarily a _________ economy.

48. Entrepreneurship and functional education curriculum is :

49.

50. What is the primary role of an entrepreneur?

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

52. Who introduced the concept of intrapreneurs?

53. NLBD means ____

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

55.

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

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

58. Creativity is:

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

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