ENT204
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1. entrepreneurs have a strong social ____ They are able to meet challenges, social needs and in so doing create significant new social capital
mindset
ideal
tenacity
facet
2. According to Bowen, Marara and Mureithi ______ high production cost can result from over employment of both human and material resources.
2005
2000
2009
2001
3. ________ may develop a company to a mature phase and then hire a good team of managers to run the business on a daily basis.
investor
Entrepreneurs
business man
Innovator
4. Inappropriate ________ policies often have adverse effects that could lead to debt build up and subsequent liquidity problems
purchase
regulatory
insurance
management
5. ________is the ability to excel at one or more output goals.
Effectiveness
Efficiency
Sales
Demand
6. Entrepreneurship and ____ growth take place when the economic conditions are favourable.
social
economic
political
cultural
7. The essence of_______ is to enhance skills necessary for improved job performance.
orientaiton
training
induction
integration
8. ______ can be creative. Many entrepreneurs use their own creative ideas to make a product or offer a service.
Entrepreneurs
Investor
Business man
Innovator
9. The accurate description of Webers paradigm might be “the development ethics and the spirit ____ ethic.
investor
researcher
tenacious
protestant
10. Effective financial management practice is necessary for____ of any firm.
sustained growth
effective growth
decrease
increase
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