NOUN TMA Solutions: ENT102 - The Nigerian Entrepreneurial Environment

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Adele
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NOUN TMA Solutions: ENT102 - The Nigerian Entrepreneurial Environment

Postby Adele » Sat Jul 14, 2018 8:55 am

NOUN TMA Solutions: ENT102 - The Nigerian Entrepreneurial Environment

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Q1 Which of the following involves filling and keeping filled, organizational the positions

Staffing

Q2 Which of the following is not emphasized in the definition of a cooperative society

Sale at market c ontrol

Q3 Which of the following is not a disadvantage of trade discount

Investment oppor tunities

Q4 The minimum number of people that can form a public limited liability company is

Seven

Q5 In marketing the desires for specific satisfaction of deeper needs are called

Wants

Q6 Product includes the following except?

Thinkin g

Q7 Which of the following is not a principle of co-operative society?

Political and religious neutrality

Q8 Which of the following is not found in the memorandum of association

Profit sharing ratios

Q9 Which of the following is not a feature of a private company?

It cannot sell shares to the public

Q10 The manner in which strategy is developed is known as

The context

Q11 Which of the following is not found in company memorandum

Profit sharing

Q12 The acronym FUSSI stands for which of the following?

Funds for Small-Scale Industries

Q13 Which of the following curtail capacity building and inhibit access to technical support

environment administ rative and trade barriers

Q14 Which of the following is not a member of the internal environment?

Customers

Q15 Which of the following is true about entrepreneurs and change

They search for change
They respond to change
They exploit change as a n opportunity
***All of the above

Q16 Which of the following is not a member of the task environment?

Competito rs

Q17 In which of the years was entrepreneurship education made compulsory tertiary institutions

2009

Q18 Private limited liability company is formed by which of the following?

2-50 persons

Q19 Which of the following is a reason for self- employment?

Disliked of challe nge

Q20 which of the following is not a reason for promoting entrepreneurship
Development of local technological base
Reduction in rural-urban drift
Mobilization of domestic savi ng
***None of the above




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Adele
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Re: NOUN TMA Solutions: ENT102 - The Nigerian Entrepreneurial Environment

Postby Adele » Sat Jul 14, 2018 8:57 am

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Q21 SMIEIS stands for which of the following?

Small&medium industries equity investment schem e

Q22 NDE stands for which of the following?

National directorate of employment

Q23 SMEDAN stands for which of the following?

Small and medium enterprises development Age ncy of Nigeria

Q24 Which of the following hinders youth empowernment?

Lack of infrastructural facilities
Inadequate working capital
Low standard of education
***All of the above

Q25 Whick of the following sills is not required for youth leadership?

Delegation

Q26 Which of the following is not an auxillary function of markeking?

Sorting

Q27 Which of the following focues on the need of the buyer?

Marketing concept

Q28 Which of the following is associated with the co-operative movement?

Rockdale Pioneers

Q29 Which of the following is not part of the communication process?

Decide r

Q30 All of the following except one is a characteristics of communication?

Competition

Q31 Which of the following is the foundation of motivation?

Needs

Q32 Which of following is not an objective task of the manager

Staffing

Q33 Which of the following managerial function is concerned with defining workforce requirements?

Leading

Q34 Which of the following role is not played by an entrepreneur?

Institutional

Q35 Which of the following managerial function is concerned with the development of structure?

Organizing

Q36 Which of the following is the second step in the planning process?

Search for opport unities

Q37 Forecasting should be able to answer the following questions except?

To whom will we buy?
To whom will we sell?
What products or servi ces will be provided?
***All of the above

Q38 Which of the following is not true about partnership?

It can get more capital through shares

Q39 Which of the following areas requires managerial forecast?

Technology
Economy
Public opi nion
***All of the abov e

Q40 Another name for Dormant partner is

Sleeping partner





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Adele
Posts: 507
Joined: Mon Nov 06, 2017 3:24 pm
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Re: NOUN TMA Solutions: ENT102 - The Nigerian Entrepreneurial Environment

Postby Adele » Sat Jul 14, 2018 8:59 am

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Q41 All of the following is a disadvantage of entrepreneur except?

Ethical behaviour

Q42 Which of the following is not part of CSR

Low price of products

Q43 Which of the following best describes 􀳦?􀳦the propensity to take risk􀳦?􀳦?

Entrepreneurs should take calculate d risk

Q44 Which of the following is not an advantage of an entrepreneur

Autonomy
Financial c ontrol
Feeling of achiev ement
***None of the above

Q45 Which of the following is not a universal trait required by entrepreneur

High need for achievement
Tolerance for ambiguity
Internal locus of control
***None of the above

Q46 Which of these is not a source of finance for the partnership

Debentures

Q47 Which of the following is concerned with the value of goods and services can buy

Real income

Q48 Which of the following is not part of a market?
Potential buyers
Current buyers
***A&B
None of the above

Q49 Which of the following is not part of managerial control?

Details

Q50 Which of the following influences others towards the achievement of group goals

Leader

Q51 A Sole trade is formed by which of the following numbers of individuals

2-5 persons
5-10 person s
2-50 persons
***None of the a bove

Q52 Which of the following managerial functions involve decision making ?

Planning
Organizin g
Leading
***All of th e above

Q53 Production involves the following except?

In-put
Out-pu t
Feedbac k
***None of th e above

Q54 The loss only their finacial contributions in the of bankruptcy, is known as?

Limited liability

Q55 A strategy whose final objective is unclear is known as.

Realized strategy

Q56 Which of the following best describes internal Business environment

conditions inside the organization􀳦??s boundaries

Q57 When a business does good for the society it is called

Corporate social responsibiliy

Q58 Which of the following is not required in a contract?

Decision

Q59 Which of the following is not an objective of business?

Develop ment

Q60 Which of the following is not associated with the business environment?

Anonymity





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Adele
Posts: 507
Joined: Mon Nov 06, 2017 3:24 pm
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Re: NOUN TMA Solutions: ENT102 - The Nigerian Entrepreneurial Environment

Postby Adele » Sat Jul 14, 2018 9:01 am

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Q61 Which of the following is not related to marketing

Advertising
Personal Sel ling
Sales promotion
***None of the abov e

Q62 All of the activities in producing and distributing goods and services is known as

Busines s

Q63 Which of the following best describes Tort in law?

Civil wr ong other than a breach of contract or trust

Q64 The analysis of the economic decisions and actions of individuals and firms is known as

Micro-analysis

Q65 Which of the following performs an oversight function in the management of business?

Board of Directors

Q66 Which of the following is not an advantage of partnership

Limited liability

Q67 Another name for passive partner is

Nominal partner

Q68 Which of the following is true of market economy Greater continuity

Economic problems are solved by price system

Q69 Which of the following statements best describes fiscal policy?

Decision individuals and firms

Q70 Which of the following statements best describes technology?

The sum of current k nowlegde

Q71 Which of the following is referred to as the constitution of the partnership business

Deed of Partnership

Q72 Which of the following is an 'artifical person' before the law?

Company

Q73 Which of the following is an advantage of sole trader over partnership?

ease of formation

Q74 Which of the following is a part of intrapreneurship?

Salesmansh ip

Q75 The term Entrepreneur was coined from which of the following?

French word

Q76 Which of the following is not associated with entrepreneurship?

Mintzb erg

Q77 The application of new methods or ideas in business bset describes which of the following?

Innovation

Q78 Corporate entrepreneurs are otherwise called

Intrapreneu rs

Q79 Another name for Tenacity as one of the traits under entrepreneurship is

Perserver ance

Q80 The process of establishing and growing a business is known as

Intenship




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