ENT101 Tma – Introduction to Entrepreneurship

ENT101
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1. Which of the following is not true about partnership?

It can get more capital through shares

Consent of other partners.in share transfer

Death of partner can lead to death of business

Most partnership business have no legal backing

2. Forecasting should be able to answer the following questions except?

To whom will we buy?

To whom will we sell?

What products or services will be provided?

All of the above

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

Informational

Decisional

Interpersonal

Institutional

4. Which of the following is the second step in the planning process?

Objective setting

Search for opportunities

Target setting

Implementation

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

Organizing

Planning

Staffing

Leading

6. Another name for Dormant partner is

Nominal partner

Sleeping partner

Working partner

partner

7. Which of the following is the foundation of motivation?

Needs

wants

Demand

Energy

8. Which of following is not an objective task of the manager

Organizing

Planning

Staffing

Controlling

9. Which of the following areas requires managerial forecast?

Technology

Economy

Public opinion

All of the above

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

Organizing

Planning

Staffing

Leading

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