NOUN TMA Questions & Answers: ENT202 - Introduction To Entreprenuership Ventures
A is a set of activities, which
leads to the manufacturing of goods or provision of services to satisfy the consumers at a profit
Â A/An â€!â€!â€|â€|â€! as someone who spends his energy, time efforts, financial resources, etc.
Uncertainty may arise as a result of â€!â€!â€|â€!â€!â€!â€|â€!. Wrong decision unethical.
The distinguishing characteristic of the social venture versus the business venture is
the of their objective to solve
social problems and provide social benefits
Why should an entrepreneur do a feasibility study for starting a new venture
Answer: to see if there are possible barriers to success
Every business concern must be able to carry out its market â€!â€|â€|â€! to control in terms of market coverage and patronage of its products and services
A corporate manager who starts a new initiative for their company which entails setting up a new distinct business unit and board of directors can be regarded as?
Opinions, information and complaints of â€|â€!â€!â€jâ€|. Can be use full source of information as to what the consumer wants.
In economics the central problem is
Loan capitals otherwise called borrowed facility consist of loan from the â€!â€!â€|â€|â€! bank, government agencies set up to provide needed support to the entrepreneurs
Any entrepreneur is a risk taker; they take calculated â€|â€!â€!â€!â€|â€! whether formally or informally.
A good â€!â€!â€|â€!â€|â€! or business plan must be systematic and integrates market, finance, production and resources.
The entrepreneur does not bring about â€!â€!â€|â€!â€!â€|. rather, he searches for change, responds to it, and exploits it as opportunity.
Entrepreneurial activities are substantially different depending on the type of organization and â€|â€!â€|â€!.. involved.
â€!â€|â€!â€!â€!â€!â€|.. research is undertaken by entrepreneur consciously and unconsciously.
Entrepreneur set their own goals rather than having them set by their â€!â€!â€!â€!â€!â€!â€!â€!â€|.
A performance and credit rating scheme has been launched by the MSME Ministry to assess creditworthiness and capabilities of industries in the sector. What is it called?
Answer: equal to zero credit scheme
may be structured in many
forms, including sole proprietors, for-profit and not for-profit firms, non-governmental organizations, youth groups, community organizations, and more
Answer: social ventures
Venture Capital is concerned with
Answer: new project having potential for high profit
Family Business always interest to handover the change of his business to
Answer: next generation
Use past TMAs to deal with new TMAs and Exams
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