FUOYE GST 204 CBT PRACTICE TEST

1. Which statement is not true of entrepreneurs

2. The organisation concerned with the registration of business in Nigeria is

3. The goal of entrepreneurial and functional education are all except

4. The reason for feasibility studies includes

5.

Managers can be differentiated into the following, except ,,,,,,,,,,,,,,,,

6. Which of the following is NOT classified as a human resource?

7. _______ is a system of principle governing the proper conduct of a person or group

8.

9.

___________ is an offer of shares to the public, and must also be sent to the Registrar of Companies.

10.

____________ managers are responsible for hiring and developing employees

11.

A plan must be________

12. The followings except_____ is a component of feasibility studies

13.

________ may be structured in many forms, including sole proprietors, for-profit and not-for-profit firms, non-governmental organizations, youth groups, community organizations, and more.

14. Which of the following best describes the unconditioned stimulus (UCS) in classical conditioning?

15. Which of the following is a consequence of high job satisfaction in a workplace?

16. All these are critical success factors in entrepreneurship except

17.

When a manager performs duties such as greeting visitors, speaking at functions, taking important customers to lunch etc. This role is known as

18. _____ is the assignment of a task,responsibility or authority by a manager to a subordinate

19.

____________ skill is highly necessary at the lower level of management

20. What is the most important source of money for new business start ups

21. The most important of the factors of production is

22. Quality Control is defined as

23. Which of these is NOT an example of a material resource?

24. Which of the following is an important element of an organization external environment

25. What is the first step in the management process?

26.

27. The cheapest source I'd long term finance is

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

29.

Which one of the following is NOT a social venture as defined by Elkington and Hartigan (2007).

30. Product Planning Tells You

31. Which of these isn't a peculiar problem faced by entrepreneurs

32. What is a major cause of voluntary employee turnover

33. Which of the following steps in planning involves setting specific goals or targets?

34. which resource is available to everyone equally?

35. A plan must be

36. Which of the following is not considered a characteristic of an entrepreneur

37.

Elkington and Hartigan (2007) define ______ models for social ventures.

38.

_________ is a systematic way of doing things.

39. An entrepreneur must be open to

40. What is job satisfaction primarily defined as?

41. The Nigerian economy is primarily a______ economy

42. Which of the following is a way for a manager to improve employee wellbeing?

43.

_________ is the process of arranging and all locating work, authority, and resources among an organization’s members so they can achieve the organization’s goals.

44. One of the followings is the Major Environmental Factor

45. Making a purchase you had not planned is called

46. Which phase of classical conditioning involves pairing a neutral stimulus with an unconditioned stimulus?

47.

The need for a full-scale business plan according to Cagan (2006) is spurred by the following except one:

48. A market survey is important because it shows you

49. The macroeconomic framework of NEEDS does not include

50. Skills in getting along with people and understanding other people is called