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Category: ENT204

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ENT204

1 / 50

 __________ has become an increasingly common practice, an opportunity for small firms.

2 / 50

Team learning is NOT fundamental to the performance of a team

3 / 50

Theories pounded by various scholars include: psychological, sociological and _________________

4 / 50

Entrepreneurs are NOT confident in their abilities and the business concept.

5 / 50

One of the reasons entrepreneurs are successful is that they have imagination and can envision ________________scenarios.

6 / 50

New _______creation is fraught with risk and financing of such ventures is referred to as risk Capital.

7 / 50

Nearly every authority on entrepreneurship recognizes the importance of self-motivation and self-determination for entrepreneurial success.

8 / 50

It is common for entrepreneurs to learn an _____________ while working for someone else.

9 / 50

_________ role ensures that the work team will spend time discussion ideas around the problems being faced.

10 / 50

Which of the following is an economic incentives.

11 / 50

Which of the following stages is involved in team building.

12 / 50

When a company engages in over expansion, short term ____________will be immobilized thereby leading to Corporate failure.

13 / 50

Some entrepreneurs adjust to the growing business and use their skills to build a company that is strong enough to let the founder be entrepreneurial again.

14 / 50

Many successful entrepreneurs succeeded only after they had __________ several times.

15 / 50

New venture creation is fraught with risk and financing of such ventures is referred to as risk capital.

16 / 50

If government places a ban on importation of a firm’s input, Production will be impossible, especially when the existing stock of inputs are exhausted. True or False

17 / 50

To the general public, change is often frightening and is something to be avoided, ___________________, however, see change as normal and necessary.

18 / 50

_________ patterns are determined by reinforcing and aversive stimuli present in the societal context, such rewards and punishments not being limited to the child-rearing period entrepreneurial behaviour.

19 / 50

Entrepreneurs often see things in a holistic sense; they can see the ___________when others see only the parts.

20 / 50

Transformational leadership is comprised of ________ basic components.

21 / 50

Entrepreneurs often see things in a holistic sense; they can see the big pictur when others see only the parts.

22 / 50

________ is action oriented and ensures that the team will implement agreed solutions and assign accountabilities and responsibilities.

23 / 50

The concept of entrepreneurship involves the consideration of a number of opportunities to enhance ________________and business profits.

24 / 50

Entrepreneurs are often_________________, and striving for excellence, or “perfection,” helps make the business successful.

25 / 50

Which of the following is a characteristics of a successful Entrepreneur.

26 / 50

The accurate description of Weber's paradigm might be the development ethics and the spirit protestant ethic.

27 / 50

Weber identified the positive change that took place in public attitudes towards entrepreneurship after the reformation in the western world and proposed that Protestantism had helped bring about this change.

28 / 50

Entrepreneurs are seen as those with high need for achievement (N-arch), _____________risk takers as well as those with Internal locus of control.

29 / 50

_________ Quality triology emphasized the roles of quality planning, quality control and quality improvement.

30 / 50

Appropriate commercial sales policies often do not have adverse effects that could lead to debt build up and subsequent liquidity problems. True or False

31 / 50

________ascribes the inculcation of the achievement motive to child rearing practices which stress standard of excellence, maternal warmth, self-reliance training and a low father dominance.

32 / 50

Which one of the following is NOT a type of work-team in an organization.

33 / 50

 _________ viewed entrepreneurship as an �??established way of doing business are destroyed by the creation of new and better ways to do them.

34 / 50

Entrepreneurs believe that their success or failure depends on their own actions; This quality is known as an__________________________ locus of control.

35 / 50

The process known as ________________________ the environment, allows the entrepreneur to see the entire business environment and the industry and helps to formulate the larger picture of the business activity

36 / 50

The concept of entrepreneurship does NOT involve the consideration of a number of opportunities to enhance living standards and business profits.

37 / 50

Which of the following is a Guideline for Effective Team Participation.

38 / 50

The concept of an entrepreneur is further refined when principles and terms from a business, managerial, and personal perspective are considered.

39 / 50

 ________ is the process of meeting organizational objectives, prevailing societal expectations in the near future, adapting and developing in the intermediate future, and surviving in the distant future.

40 / 50

High production cost can result from over Employment of both human and resources.

41 / 50

Entrepreneurs often decide to start their own businesses in order to avoid having a boss. True of False

42 / 50

Entrepreneurship is a ________________ activity

43 / 50

_______ Factors such as the economy, the weather, and changes in consumer tastes often have a dramatic effect on a business.

44 / 50

Sufficient capital is required to buy the needed fixed assets for a firm.

45 / 50

Some entrepreneur do NOT adjust to the growing business and use their skills to build a company that is strong enough to let the founder be entrepreneurial again.

46 / 50

Taxation policy, Industrial policy, Sources of finance and raw materials, Infrastructure availability, Investment and marketing opportunities, are ________________incentives.

47 / 50

There is no consensus concerning the definition of entrepreneur but most include a willingness to take risks in the pursuit of an_________________.

48 / 50

________and Innovation are understood as the combination of the concept of entrepreneurship.

49 / 50

Work teams develop over time and go through _________ distinct stages of development.

50 / 50

_________ prescribed fourteen measures to cure the crisis of quality.

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