ENT 101 CBT PRACTICE

1. How did Israel Kirzner define an entrepreneur?

2. Modern entrepreneurship in Nigeria began with:

3. Which economist emphasized that entrepreneurship involves resource shifts to increase productivity?

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

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

6. __________________ is a system principle governing the appropriate conduct for a person or group

7. What does the term "entrepreneur" etymologically mean?

8. When an entrepreneur directs and controls all organizational activities to ensure
that things are done properly on schedule, he is performing the…….. role.

9. According to Peter Drucker, entrepreneurship involves which key activity?

10. Can anyone start a business?

11. What did Henry Ford emphasize as the entrepreneur’s role?

12. The non-continuous process of combining resources of time, man, money and
materials to create products, services and ideas is ………..

13. Which scholar viewed entrepreneurs as market arbitrageurs identifying opportunities in imperfect markets?

14. Who introduced the concept of intrapreneurs?

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

16. From which language does the term "entrepreneur" originate?

17. The concept ‘entrepreneur’ was first coined by……………...

18.

19. Below are characteristics of an Entrepreneur except ____

20. The Nigerian economy is primarily a _________ economy.

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

22. Which of the following is not a peculiar problem faced by Nigerian entrepreneurs

23.

How did Michael Porter view entrepreneurs?

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

25. The term "entrepreneur" originated from which language?

26.

27. Entrepreneurship in Nigeria started when:

28. Early Nigerian entrepreneurship was primarily characterized by:

29. All of these are concept enterprise except ___

30. The first step in creative process according to Holt (1992) is:

31. The colonial economic system discouraged Nigerian entrepreneurship by:

32. According to Bruce Kirchhoff, what do entrepreneurs significantly contribute to?

33. What initiative encouraged self-reliance in Nigeria post-colonial era?

34.

What do Shane and Venkataraman identify as a key process in entrepreneurship?

35.

According to Casson and Wadeson, what do entrepreneurs shape through their decisions?

36. According to Jean-Baptiste Say, what is the role of an entrepreneur?

37. According to Harvard Business School, an entrepreneur is someone who pursues what?

38. What discouraged entrepreneurship development during the colonial era?

39. Who defined entrepreneurs as individuals who innovate through "creative destruction"?

40. ____ defines globalization as the process of creating networks of connection among actors in year _______.

41. Programs like the People’s Bank of Nigeria were created to:

42. Which scholar's definition includes the term "creative destruction"?

43. The one who creates a new enterprise in a risky and uncertain environment is
referred to as a (an)……………...

44. What role do entrepreneurs play according to Ronald Coase?

45. The two disciplines where entrepreneurship originated were …… / ……

46. The refusal of expatriates to use local entrepreneurs led to:

47. According to Frank Knight, entrepreneurs are rewarded for managing:

48. Creativity is:

49.

50. ................. is the scientific stage that involves in seemingly quite unscientific procedure of guessing

51. The widely accepted definition of entrepreneurship by Peter Drucker focuses on:

52. Creative process according to Holt (1992) can be classified into:

53. The introduction of formal education during the colonial era

54. Entrepreneurship and functional education curriculum is :

55. What does "creative destruction" refer to in entrepreneurship?

56. The characteristics of entrepreneurs as risk-bearers, coordinators and organizers,
gap-fillers, leaders, and innovators or creative imitators were listed by……………..

57. The fundamental assumptions of the curriculum of entrepreneurial and functional
education are at the following except:

58. According to Adams (2005) the following are critical to individual creativity except:

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

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