ENT102 EXAM PRACTICE QUESTIONS AND ANSWERS

 

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Which of the following best describe the role of suppliers in an

organization?

a.Individuals and companies that provide an organization with input resources and receive compensation in return

b.The most critical stakeholder group in an organization

c.Entities that solely provide raw materials to an organization.d.

Firms that help an organization in selling its goods or services to customers.

 

 

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What is the aim of entrepreneurship development, according to UNDP?

a.To reduce the number of unemployed people

b.To increase the government\’s revenue

c.To enlarge the base of entrepreneurs

d.To increase the number of small businesses

 

 

 

Once you have created your own _____ schedule, do everything you can to stick to

it.

Study

Daily

Monthly

Personal

 

 

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The _____ has a burden of responsibility unlike that of corporate workers.

Manager

Director

Sales representative

Entrepreneur

 

 

Weihrich and Koontz _____ state that planning involves selecting missions and objectives and deciding on the actions to achieve them

2001

2010

2005

2012

 

 

Cornell (1980 quoted in Ikharehon, 2006) defines a _____ first of all as an act, but an act requiring judgment.

Decision

Manager

Entrepreneur

All of the above

 

 

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_____ involves filling and keeping filled, the positions provided for by the enterprise structure.

Ans. Staffing

 

The production is the transformation of inputs such as raw materials through the transformation processes to produce outputs such as _____ that are available and highly affordable.

Better product

Finished products

Finished goods

Non of the above

 

 

A market is a set of all actual and potential buyers of a

product and service

True

False

I don’t know

Maybe

 

 

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Modern entrepreneurship in _____ started with the coming of the colonial masters, who brought in their wares and made Nigerians their middle men.

France

Nigeria

England

Africa 

 

 

KINDLY NOTE THAT THE ENT102 EXAM PRACTICE QUESTIONS WILL BE UPDATED FROM TIME TO TIME.