Category: ENT209 0 ENT209 1 / 50 __________ is well informed about the general economic condition and introduces changes which look more radical. Check 2 / 50  In the 20th century, the focus of entrepreneurship in economic development was through________ high need for achievement innovation scarcity Risk-taking 3 / 50 __________ described an entrepreneur as one who possessed the arts and skills of creating new enterprises , a person who had exceptional insight into society's needs and was able to fulfill them Check 4 / 50 _____________ focuses on building social relationship and bonds that promotes trust and not opportunism Social networks Life-course Population ecology Ethnic identification 5 / 50  Taxation policy is one of the economic factors that an encourage or discourage entrepreneurship Indifferent Partially true no yes 6 / 50  The following are the characteristics of an entrepreneur except; ________ Vision Originator Risk tolerance Rich 7 / 50  _______are the one who are unhappy with the organization they worked with and decide to start a new venture. Imitative/Adoptive first-generation entrepereneur minority entrepreneur Discontented entrepreneurs 8 / 50 To be an entrepreneur implies a discovery process yes Partially true no Indifferent 9 / 50 The need for achievement theory was propounded by----------------- Cantillion McClelland Thomas Cochran 10 / 50 ____, _______ and _________ are the key terms used by Cantillion, Baudeu and Turgot in their contribution towards entrepreneurship. Check 11 / 50 Entrepreneurship development in Nigeria became significant after________ war Spiritual War Civil War World War I World war II 12 / 50 __________ identified four social contexts that relates to entrepreneurial opportunities. Mohar Shaver Landstorm Reynolds 13 / 50  ------------ identified the role of uncertainty and realized that it is uncertainty that makes the role of an entrepreneur very difficult and tedious. Jean Baptist Say John Stuart Mill Jacques Turgot Carl Menger 14 / 50  The following are the contributors to the classical school of entrepreneurship except; __________ Carl Menger Alfred Marshall Richard Cantilion Friedrick Hayek 15 / 50 According to the economist, ____ are the major drive for entrepreneurial activities economic produce economic inclination economic conditions economic incentives 16 / 50 _____________ is an entrepreneur who adopts successful innovation introduced by other innovators Check 17 / 50 _____ is an individual who recently arrived in a country and starts a business as a means of survival in the country. Minority entrepreneur Ethnic entrepreneur Immigrant entrepreneur Women entrepreneur 18 / 50  The term entrepreneurship was first used by ____ Alfred Marshall Joseph Schumpeter JB Says Richard Cantillion 19 / 50  The book "essai sur la nature du commerce en general" was published by _________ Alfred Marshall Richard Cantillion Joseph Schumpeter JB Says 20 / 50 What is the meaning of NERFUND? Check 21 / 50 The major highlight of Weber's contribution to entrepreneurship is _____________ Social roles Religious concepts Ecological context Evolutionary approach 22 / 50  ________________ are individuals who do not have any business ownership experience in past but now, they own an independent business Novice Entrepreneurs Technical Entrepreneurs User Entrepreneurs Habitual Entrepreneurs 23 / 50 The end of the personality dichotomy is known as _________ Non-innovative dichotomy Innovative dichotomy Authorian/non-creative dichotomy Democratic/Creative dichotomy 24 / 50 The following are personality trait exhibited by an entrepreneur except ________ Enthusiastic Flexibility Self-centeredness Versatility 25 / 50 The human capital entrepreneur theory comprises of two factors which are; __________ Creativity and Innovation Social and spirit capital Education and experience Knowledge and empowerment 26 / 50  ____ is well informed about the general economic condition and introduces changes which look more radical. accommodative entrepreneur Fabian Rational entrepreneur immigrant entrepreneur 27 / 50 _________ are the one who are unhappy with the organization they worked with and decide to start a new venture. Check 28 / 50  _____ defined entrepreneurship as the creation of a new enterprise Stevenson and Gumpert Gartner Cantillon Low and Macmillian 29 / 50 The key term of McClelland theory is __________ high need for achievement innovation scacrity Risk-taking 30 / 50 __________ are the ones who want to self-actualize themselves, want to achieve something they are capable of, just for the sake of independence and autonomy Check 31 / 50 The theory of innovation was introduced in ---------- year 1930 1934 1924 1915 32 / 50  In the 20th century, the focus of entrepreneurship in economic development was through________ Risk-taking scarcity innovation high need for achievement 33 / 50  The innovation theory was first advocated by ____ Rotter Julian Adams Smith Joseph Schumpeter Ronald Burt 34 / 50  -------- was a British economist who recognised an entrepreneur as central to economic theory in 1848 Jacques Turgot Jean Baptist Say John Stuart Mill Carl Menger 35 / 50 _____ entrepreneurs have a set of common connections and regular patterns of interaction among people sharing common migration experiences Ethnic entrepreneur Women entrepreneur Minority entrepreneur Immigrant entrepreneur 36 / 50 Entrepreneurial opportunities are found in a ____ if it is structured in a certain way Connection network Person's network Risk network strategic network 37 / 50 Entrepreneurs are driven by need to achieve and ___________ need to strategize need to excel need to market need to perform 38 / 50  -------------- described an entrepreneur as a person who pays a certain price for a product to resale it at an unknown price, thereby making decisions about obtaining and using resources. Friedrick Hayek Richard Cantillion Alfred Marshall Carl Menger 39 / 50  ____ is an entrepreneur who adopts successful innovation introduced by other innovators Fabian Imitative/Adoptive ethnic women entrepreneur 40 / 50  ____ are the ones who want to self-actualize themselves, want to achieve something they are capable of, just for the sake of independence and autonomy discontended Rational entrepreneur Empirical Self-actualizers 41 / 50 The innovation theory was first advocated by ___________ Check 42 / 50 The evolution of entrepreneurship started in the _______ era 20th century 15th century 17th century 18th century 43 / 50 _____ entrepreneurs refuses to adopt the changes and are laggards. Cognitive Drone Fabian Rational 44 / 50 The term entrepreneurship was first used by _________ Check 45 / 50 In the 20th century, the focus of entrepreneurship in economic development was through________ Check 46 / 50 Knight identified two types of risks which is _______ and _______ risks Check 47 / 50 _________ is an entrepreneur who hardly introduces anything revolutionary and follows the principle of rule of thumb. Check 48 / 50 Entrepreneurship is as old as man indifferent no not applicable yes 49 / 50 Entrepreneurs were viewed from ___________ and _________ perspective in the 18th century Check 50 / 50 ------------------ theory emphasizes the impact of religion on entrepreneurial development Exposure theory Hagen's theory Max Weber theory Ronald Burt's theory Restart quiz Rate this quiz Send feedback
