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FUOYE GST 204 CBT PRACTICE TEST

Take your time to read instructions before taking this test.

There are 40 questions which you are to answer in 15 minutes that gives you roughly 30 seconds per question.

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If you can get at least 60%, you can be rest assured that you’ll ace GST 204 exam

PS

In a normal exam you will be asked between 40 – 60 questions but I only arranged 40 questions

 

Note

 

Do not be in a hurry to answer the questions

Do not waste time on a question you don’t know

Move as fast as possible and starting with questions that don’t have calculation first to save time

Always crosscheck

Don’t be in a hurry to submit, you are not in a competition

Don’t be scared. Getting an A is easy

Don’t be over confident, you can end up a D, E or F. Calm your blood, no be only you sabi book

Please do well to use our comment box incase there’s a message you want to pass to us

70 – 100 A

 

60 – 69 B

 

50 – 59 C

 

45 – 49 D

 

40 – 44 E

 

0 – 39 F

 

I wish you success

 

FUOYE 200 LEVEL GENERAL GRP

 

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I remain your favorite education blogger 😉

 

❤️ Undergragra

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Gst 204

1 / 50

1. The need for a business plan includes all the following except

2 / 50

2.

Socio economic value builds on the foundation of economic value creation by attempting to quantify and incorporate certain elements of _______

3 / 50

3. which resource is available to everyone equally?

4 / 50

4.

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

5 / 50

5. What is essential for sustaining individual growth and physical output according to the text?

6 / 50

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

7 / 50

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

8 / 50

8.

Technical skills basically involve the following except _______________ in performing a job effectively

9 / 50

9. All but which of the following is considered to be a myth

10 / 50

10.

_________ is a systematic way of doing things.

11 / 50

11.

A plan must be________

12 / 50

12. Corporate social responsibility is about

13 / 50

13.

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

 

14 / 50

14.

_________ is the determination of objective and the possible strategies to accomplishing it.

15 / 50

15.

The need for a business plan includes all except:

16 / 50

16.

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

 

17 / 50

17.

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

 

18 / 50

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

19 / 50

19. For small business owners one of the most important objective is

20 / 50

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

21 / 50

21. What should be the result of effective resource management?

22 / 50

22. One of the major advantages facing Nigerian entrepreneurs is the

23 / 50

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

24 / 50

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

25 / 50

25. The macroeconomic framework of NEEDS does not include

26 / 50

26. The reason for feasibility studies includes

27 / 50

27. A written business plan should have the following except

28 / 50

28. The type of business you are planning should be stated under

29 / 50

29. A market survey is important because it shows you

30 / 50

30. A plan must be

31 / 50

31.

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

32 / 50

32.

______is known as the father of scientific management.

 

33 / 50

33. One of the benefits of planning is

34 / 50

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

35 / 50

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

36 / 50

36.

_________ 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.

 

37 / 50

37. Quality Control is defined as

38 / 50

38. The goal of vision 2020 includes all the following except

39 / 50

39. There are given situations where an Entrepreneur is not able to establish his or her own business and as such has to work in a

40 / 50

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

41 / 50

41.

A written business plan should have all the following except________

42 / 50

42. What should companies do to communicate their care for employees?

43 / 50

44 / 50

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

45 / 50

45. Which of the following is not a component of employee wellbeing?

46 / 50

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

47 / 50

47. The need for a full scale business plan is spurred by one of the following except

48 / 50

48. The Nigerian entrepreneur who create the Eleganza industries is

49 / 50

49. The social entrepreneur who is interested in poverty reduction of the less privileged with a foundation to assist children is

50 / 50

50. The followings except_____ is a component of feasibility studies

Your score is

The average score is 33%

0%

Phil

Phil aka Undergragra is a Computer Engineering Graduate at the Federal University Oye-Ekiti. He is a lover of God, a passionate teacher, writer and an educational consultant.

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Christopher Ime
Christopher Ime
1 year ago

Good eork

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