CBT TEST

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.

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 / 80

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

2 / 80

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

3 / 80

3.

______is known as the father of scientific management.

 

4 / 80

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

5 / 80

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

6 / 80

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

7 / 80

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

8 / 80

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

9 / 80

9.

_________ is a systematic way of doing things.

10 / 80

10. The most important of the factors of production is

11 / 80

11. What is a major cause of voluntary employee turnover

12 / 80

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

13 / 80

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

14 / 80

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

15 / 80

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

16 / 80

16. The macroeconomic framework of NEEDS does not include

17 / 80

17. A written business plan should have the following except

18 / 80

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

19 / 80

19. Which of the following is a community resource?

20 / 80

20. What is job satisfaction primarily defined as?

21 / 80

21.

_________ is the process of leading and influencing the task-related activities of members of the organization.

 

22 / 80

22.

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

23 / 80

23. which resource is available to everyone equally?

24 / 80

24.

________ 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.

 

25 / 80

25. Quality Control is defined as

26 / 80

26. Corporate social responsibility is about

27 / 80

27.

A plan must be________

28 / 80

28.

The need for a business plan includes all except:

29 / 80

29. All of the following are disadvantages of Sole proprietorship

30 / 80

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

31 / 80

31.

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

32 / 80

32.

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

 

33 / 80

33.

____________ managers are responsible for hiring and developing employees

34 / 80

34. The Nigerian economy is primarily a______ economy

35 / 80

35. Product Planning Tells You

36 / 80

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 / 80

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

38 / 80

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

39 / 80

39. Making a purchase you had not planned is called

40 / 80

40. The followings except_____ is a component of feasibility studies

41 / 80

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

42 / 80

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

43 / 80

43.

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

44 / 80

44. All these are critical success factors in entrepreneurship except

45 / 80

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

46 / 80

46. Which characteristic of resources is described as their ability to be substituted by another resource?

47 / 80

47.

A written business plan should have all the following except________

48 / 80

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

49 / 80

49.

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

50 / 80

50. Which statement is not true of entrepreneurs

51 / 80

51.

The functionality of an entrepreneur is based on some established _______

52 / 80

52.

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

 

53 / 80

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

54 / 80

54. One of the followings is the Major Environmental Factor

55 / 80

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

56 / 80

56.

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

 

57 / 80

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

58 / 80

58. An individual that exhibits innovative abilities,perceives the market opportunities and has the motivation,drive and ability to mobilize resources to meet market opportunities,while working in an existing organization is known as a/an

59 / 80

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

60 / 80

60. 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

61 / 80

61. One of the benefits of planning is

62 / 80

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

63 / 80

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

64 / 80

64. Sources of funds obtained for a period between one day and 365 days is

65 / 80

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

66 / 80

66.

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

67 / 80

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

68 / 80

68.

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

69 / 80

69. An entrepreneur must be open to

70 / 80

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

71 / 80

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

72 / 80

72. A market survey is important because it shows you

73 / 80

73. The reason for feasibility studies includes

74 / 80

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

75 / 80

75. A plan must be

76 / 80

76. Sources of finance relates to

77 / 80

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

78 / 80

78.

Table of Contents

_____ is deliberate arrangement of people to accomplish some specific purpose

79 / 80

79.

____________ skill is highly necessary at the lower level of management

80 / 80

80. The Nigerian entrepreneur who create the Eleganza industries is

Your score is

The average score is 33%

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Ace/Undergragra

Ace aka Undergragra is a Computer Engineering Graduate at the Federal University Oye-Ekiti. He is a passionate teacher, writer, educational consultant, and educational informant.
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Christopher Ime
Christopher Ime
11 months ago

Good eork

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