FUOYE GST 106 CBT Practice

1. The term Entrepreneur seems to have been introduced into Economics by ___

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

3. What is referred to as the “5th P” of product for attention and promotion side?

4. ______is a kind of training that equips the learner with the entrepreneurial skills required for success in business

5. The concept  ‘entrepreneur’ was originally a French word that appeared for the first time in the “Dictionaire de la lanque franchise in year _____”

6. All of these are some of Traits of Entrepreneur except ______

7. Idea generation (ideation) is an emerging buzzword representing the creative process of generating, developing, and communicating new _________

8. Market analysis section of the business plan covers the following except?

9. _____ was the first to apply the concept of Entrepreneur to business in year _____

10. ____of entrepreneurs’s skills development should come from on-the-job activities and action learning

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

12. Major types of entrepreneurs include all except ____

13. ____was the first to apply the concept entrepreneur to business in 1755

14. Can anyone start a business?

15. All of these are Interpersonal skill for Entrepreneurs to succeed except ____

16. Illumination occurs when the idea surfaces as a realistic ________

17. The rate of employment in Nigeria has rose from what percentage in 2010 to what percentage in 2011 ?

18.

19. The concept _____ could be expressed as a venture, a business risk taking

20. All of the following are part of culture except _________

21. Difficulties Faced in Establishing an Entrepreneurial Culture include the followings except _________

22. For most entrepreneurs, ideas begin with interest in a subject or curiosity about finding a solution to a particular _______

23. A large scale industry is any firm ,industry or business with a total cost of ___

24. SMEs are an enterprise that has asset base of between ____and _____

25. All of these are concept enterprise except ___

26. Entrepreneurial political administrative activities include the following except?

27. According to the National Bureau of statistics( 2013) about how many  new job seekers enter the market every year?

28. Which of the following is considered as the major mistakes that must be avoided by young Entrepreneurs?

29. _____ defines globalization as the process of creating networks of connection among actors in year _______.

30. Components of positioning products include all but one of the following

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

32. SMEs means___?

33. ______ is one of the causes of business failure.

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

35. In the _______era,the major structure of economy was agriculture,fishing pastoral activities,crafts and hunting

36. Any industry with a labour size of not more than 10 workers is termed ____

37. The application of new ideas and method to business is known as?

38. The entrepreneur needs to evaluate the strengths and weaknesses of the business __________

39. Entrepreneurship growth has gone through the phases below except ____

40. Business plan should always serve as __?

41. . A manager Scientist or researcher who works inside an existing organization and notices opportunities for product improvements etc is ______

42. NLBD means ____

43. One of the following is not a challenge in writing feasibility report?

44. One of the major problems of SMEs in Nigeria are these,except one

45. 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

46. An idea once illuminated in the mind of an individual still has little meaning until verified as realistic and _______

47. The mix of norms, values and beliefs that are shared by a particular community be it a business community, a cultural (or ethnic) community, a country, or a geographical region defined as _________

48. COWAN mean ______

49. A large scale industry is any firm or business with a labour size of __

50. The conceptual cornerstone in the theory of entrepreneurship lies on __________

51. Entrepreneurial skill development should follow what ratio ?

52. Skills can be acquired through _____

53. The Entrepreneurial building or centre at FUOYE  is equipped to ___

54. In 2017, the estimated youth unemployment rate in Nigeria was _____

55. Small and Medium Scale Enterprise in Nigeria currently makes a contribution of about ____to the nations GDP

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

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

58. Which of the following is erronously linked to non profit organizations?

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

60.

61. ______exists between family members and there business

62. Branding is considered as one of the best tools for ___

63. Below are characteristics of an Entrepreneur except ____

64. The resources of an organization include the following except?

65. The value created by taking a resource or set of inputs, providing additional inputs or processes that increase the value of those inputs, and thereby generate a product or service that has greater market value at the next level of the value chain is referred to as _________

66. Entrepreneurs come up with great ideas that lead to creativity and ___________

67. The concept entrepreneurship can be link with the French word “_________”

68. Who is an Entrepreneur?

69. _____ is a new idea, device, or process

70. A Feasibility report is

71. Every enterprise is financed either through ____or____or____or both

72. __refers to the ratio of total trades in the economy.

73.