FUOYE GST 204 CBT PRACTICE TEST

1. A written business plan should have the following except

2. Which statement is not true of entrepreneurs

3. which resource is available to everyone equally?

4. What is job satisfaction primarily defined as?

5. 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

6.

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

7.

______is known as the father of scientific management.

8.

The need for a business plan includes all except:

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

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

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

12.

____________ skill is highly necessary at the lower level of management

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

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

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

16.

A plan must be________

17.

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

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

20. Making a purchase you had not planned is called

21. Corporate social responsibility is about

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

23. A plan must be

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

25. One of the followings is the Major Environmental Factor

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

27. The most important of the factors of production is

28.

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

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

30.

31. Quality Control is defined as

32.

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

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

34. All of the following are disadvantages of Sole proprietorship

35.

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

36. The followings except_____ is a component of feasibility studies

37. What is a major cause of voluntary employee turnover

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

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

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

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

42.

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

43. One of the benefits of planning is

44.

_________ 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.

45.

_________ is a systematic way of doing things.

46. The reason for feasibility studies includes

47. A market survey is important because it shows you

48.

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

49. The Nigerian entrepreneur who create the Eleganza industries is

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