| Nigeria‟s growth experience shows a gradual and steady performance in the …….. Period. |
| Rural Banking Programme encourage banks to extend at least ……. % of the deposit mobilized from the rural areas as loans and advances to rural dwellers |
| There are ………….. petroleum exportation terminals in the country |
| Some of the natural gas utilised is consumed as fuel by the oil companies, some are sold to industries while some are converted into …………… |
| One of the problems facing the production of cassiterite in Nigeria is that of …………………. |
| National Accelerated Food Production Programme targeted self-sufficiency in the production of rice, maize, ………….., millet and wheat. |
| National FADAMA Development Programme aimed at increasing income of beneficiaries by at least ……………%. |
| Despite the large revenue derived from the …………. sector, agriculture remains the main stay of the Nigerian economy. |
| ……… state is the major producer of cocoa in Nigeria. |
| Growth in the Agricultural sector is expected to have a significant impact on poverty reduction and job creation |
| Agriculture sector invloves which of the following except………….cropping, livestock, forestry, fisheries and aquaculture |
| An average of 50% of the natural gas utilised in the country …………….. has been for industrial use |
| Agricultural Cooperative is also known as ________ Cooperative. |
| _____________ is a way of service aimed at getting knowledge developed from one environment to the other. |
| _______________ may also be defined as the science which applies scientific laws and principles to the conduct of farm operations. |
| RBRDA stands for _______________________ |
| _________ exchange involves the exchange of commodities between complementary areas of production and consumption within the same country |
| SARD has been defined by FAO as “the management and ___________ of the natural resource base, and the orientation of technological and infrastructural change. |
| The main objective of thrift and credit cooperative society is to mobilise capital among their members and give loans to the members at a ________ interest rate |
| Co-operative departments in Nigeria operates in line with the regulations by ________________ |
| The acronym OFN stands for _______________ |
| Cooperative department was established in __________ |
| __________ is a process of sorting of communication because it is the interaction between two or more people |
| Surplus is distributed to members of credit and thrift society as ________ |
| _______________ encourage members to engage in joint cultivation of food and cash crops among others. |
| Group farming cooperative can also be called ___________ |
| ___________ implies the use of hiring someone’s farmland for the purpose of cultivation. |
| What does the acronym ADPs stand for? |
| Farm settlements were established and funded by __________ |
| ________ implies low level of rainfall |
| _______is concerned with the production of agricultural product for sale to the general public. |
| ____mobilise capital among their members and give loans to the members at a minimal interest rate |
| Scarcity of funds that can be used to give loans to others is associated with ____________ |
| In Nigeria, cooperative societies must be registered with the ______________ before they are allowed to operate |
| There are ___________ Local Government Areas in the country |
| The agricultural co-operation institutions established by government are all BUT ___________ |
| The first registered cooperative society was in __________ year |
| _____________ are organisations registered in Nigeria as companies limited by guarantee, in which the general rules of company laws which are supplemented by the provisions of articles of association apply. |
| Farmers Development Union (FADU)is an NGO based In ____________ |
| Country Women Association of Nigeria (COWAN) is based in __________State |
| The following are problems associated with NGOs’ intervention in agricultural cooperatives development in Nigeria except _____________________ |
| One of these is not a type of agricultural credit cooperative |
| 1 |
| 2 |
| 3 |
| 4 |
| 5 |
| 6 |
| 7 |
| 8 |
| 9 |
| 10 |
| The aim of ……………. is to allow a busy manager or sponsor to quickly understand the thrust of the research proposal |
| External proposals sponsored by university grant committees, government agencies, etc. can be further classified as either ……………….. or unsolicited |
| The ……………………………… tells you what, why, how, where, and to whom the research will be done |
| The extrinsic and intrinsic factors that can threaten the ……………………………. validity of a design may be controlled by several operations |
| …………………………………. and reliability make the difference between “good†and “bad†research reports |
| …………………….. is used to determine whether research measures what it intended to measure and to approximate the truthfulness of the results |
| If survey involves study of a sample from the population, it is referred to as a …………………………. |
| The ………………………….. is a brief summary of the research, usually about 100 words in length or one page |
| The title of the research (or research topic) comes first in the …………………………… |
| A research ………………………. is the structure, program, and strategy upon which hypotheses are evaluated |
| …………………………………………. quantitative data are numerical responses which arise from a measuring process |
| Many good inquiries start with a …………………….. in which one can read the published materials already |
| The term…………………….. can be referred to as unbiased set of statistic observations or information |
| A good hypothesis should have all of the following qualities except; |
| For complex research projects, you would require a …………………………………., showing how all the phases will be brought |
| A bibliography is necessary for all research projects requiring a ………………………… review |
| Research proposals are usually subject to formal or informal reviews. …………………….. reviews are regularly done for solicited proposals |
| In …………………….type of questionnaire, the researcher does not provide the response alternatives`Respondents are free to give their individual responses |
| Which of the following is not a characteristics ofa good questionnaire |
| ……………………………….. are derived from the research questions |
| According to _____ “the social systems had been based on the economics of scarcity rather than on eocnomics of abundance. |
| Management claim _____ while the union claims civil rights. |
| _____ emerged out of the recognition that as human beings and workers should be given some protection by the state to prevent them from being exploited unduly by the owners of property. |
| Union rights refers to actions for which labour takes responsibility severally or _____ with the management |
| In ______ situation, labour and management put the agreements into froce. |
| _____ committee set up by government submitted her report in 1942 |
| Trade Union Congress (TUC) was form in _____ (a) 1943 |
| TUC succesfully wnet on stricke for total of ____ days in 1945. |
| _____ are expected to organise seminats, workshops and other courses to educate there members on the cause of trade unionism and industrial realtions and the employes |
| NEC means |
| _____ is simply referred to as “methods of production” and “increased efficiency”. |
| Productivity bargaining is concerned with the workers’ agreement to concede to ______ in working methods and practices. |
| _____ enddes the employers to seek for avenues to make some economic savings. |
| _____ is not an example of changes that affect employers in economic environments. |
| A _____ concluded between an employer or employer’s organisation and workers representative after negotiaions at a collective bargaining meeting is called a collective agreement. |
| The ILO _____ defines a collective bergaining as “Voluntary negotiations between employer or employers’ organisation and workers’ organisation with a view of regulate the terms and condtions of employment by collective agreements”. |
| Trade Dsipute Act (1974) defines _____ as “any agreemnt in writing for the settment of disputes and relating to terms of employment and physical conditions of work concluded between an employer, a group of employers of one of more organisations, trade unions or organisations representing workers. |
| _____ is an exception among the contents of a recognition agreement |
| _____ is a short title describing how agreemnt should be provided. |
| Parties to the agreement must sign the agreement while their signatures must be witnessed in _____ situation. |
| The creation of NLC was dated ____ |
| Fashoyin (1980:73) defines industrial conflict as _____ |
| ______ implies workers being present at work but literally not working. |
| ______ is violation of the contract and not authorised by the union secretariat |
| ______ are usually authorized by the leadership of the union. |
| ______ refers to actions that conform to the due procedure laid out in the collective agreement. |
| A _____ can exsit between an employer and his workers and between a group of workers and other group of workers of the same employer or workers of various employers in an industry. |
| Voluntary and Compulsory methods of settlements are two element employed in ______ |
| Joint Consultant could be define as a meeting ebtwene the workers their employersw where the relationship is seen not as in terms of _____ but interms of tehir worth and ability to contribute to the subejct being discussed. |
| Colelctive bargaining is bascialy used to settle grievances (individual or collective), determine wages and salary scales, accept other terms of employemnt and working conditions and setltle ______ |
| prospective entrepreneur must have a form of business ……………………………with which he/she will operate |
| The ……………………..function of the entrepreneur basically involves the measurement and correction of the performance of the business activities to ensure that organization objectives are being met |
| The …………………..of Association contains the regulations governing the internal management of the company |
| …………………..has been defined as the relation which subsists between persons carrying on a business in common with a view to profit |
| The amount of capital which a company is authorized to issue is called the …………………………….capital |
| In the literature, it commonly stated that “you should get the right man for the right…………………………………….â€. |
| A shareholder contributing to the formation of a company knows exactly the highest amount of money he/she is willing to invest in a company |
| Partnership has been defined as the relation which subsists between persons carrying on a business in common with a view to …………………. |
| A …………………………has been defined as an unincorporated body of two or more people who have entered into partnership with a view to profit |
| The Registration ………………..Act makes registration compulsory for a firm having a place of business in Nigeria and carrying on business under a business name which does not consist of the true surnames of all partners |
| These trading and commerce enterprises possibly constitute about over ………………………. of the total number of small business |
| Because of the low capital required to start a small business, it also has…………………… of entry |
| In a standard sales and cash receipt journal, the journal is divided into various columns showing all of the following except; |
| The advantage of the small scale producer is in the area of …………………………….. and operational flexibility |
| The………………… statement reports the revenues i.e gross sales made by a business over a period |
| The production of soap is a simple chemical reaction referred to as …………………………. |
| The sales and cash receipt journal usually records ………………… sales income of a business |
| ……………………….. records enable the small business prepare the financial statements which are very important in measuring performance |
| By business types we mean the various ………………………….. groupings in the economy |
| In the …………………………… situation, the definition of small business varies between the various industries and also between different organizations |
| The primary essence of leadership in entrepreneurship is ……………………………. |
| Every business organization must have …………………………………………, which must be clearly spelt out at the onset. |
| The simplest methods of measuring relationships existing between economic variables are ………………………………… and regression analysis. |
| The entrepreneur takes the necessary business ……………………………… in the market place |
| Studying entrepreneurship is not to understand existing business organizations but to understand how to establish and manage new …………………. |
| The financial strategy of the business deals with issues of whether to use equity or debt in the …………………. structure |
| Ideally every organization should have a ………………………… – that is what it seeks to achieve in any given environment |
| Policies are statements which guide ……………………………. in any organization |
| The critical elements of planning are the objectives, strategies, resources and ……………………………. |
| In elementary economics, we were told that there are ………………………… factors of production |
| Which section of the Nigerian constitution provide for the establishment of the consolidated revenue fund? |
| The broad basic assumptions which underline the preparation of financial statements of a public sector enterprise is reffered to as what? |
| Which fund account for the resources derived from the business activities of government? |
| Which of the following is a source of government revenue? |
| Which of the following is an ELEMENT of revenue control in the public sector? |
| In Public Sector Accounting, where cash is to be withdrawn from the bank, a cheque will be issued for the amount after due authorisation processes, but without – |
| With the promulgation of Act No. 23 of 1991, where is the functions of the Finance and General Purposes Committee (FGPC) of local government transferred to? |
| The whole system of controls-financial or otherwise-to ensure that income and expenditure are in line with the budgets and wastages reduced to barest minimum is referred to as: |
| The process of comparing the actual results with planned or budgeted expectations and reporting on the variations is known as: |
| One of the major drawbacks in IPSAS 4 is that it: |
| Which regulatory framework govern the management and operation of government funds? |
| Which fund is used to account for resources held and managed by government in the capacity of a trustee? |
| Which of these is a government accounting officer? |
| Which of the following is a revenue collection agency in Nigeria? |
| Which of the following is one of the basic controls exercised over government expenditure? |
| Which of the following is NOT a document required for the preparation of a Bank reconciliation statement? |
| Which of the following is an ELEMENT of value for money audit? |
| Which of the following is NOT a factor militating against the budgeting system in the public sector? |
| IPSAS 12 applies for all inventories except for : |
| In accordance with IPSAS 13, Lessees shall disclose which of the following for finance leases? |
| Who is the chief accounting officer of the receipts and payments of the federation? |
| The basis of accounting where the books are left open for a maximum of three months after end of the year is: |
| Which of the following is NOT an in-flow into a state government’s consolidated revenue fund. |
| With the 2018 budget, the Federal government revenue sources were classified into the following Heads: |
| The control exercised by the legislature is both: |
| Which of the following is not a type of transcript? |
| The annual financial statements of a quoted company must be accompanied with: (i).External Auditors’ Report (ii) Directors’ Report(iii) Internal Auditors’ Report. |
| IPSAS II – Constitutions contracts refers to amongst others: |
| In accordance with IPSAS 14.5, which of these is a type of event at the reporting date? |
| Which of the IPSAS prescribe the format in which general purpose financial statements should be presented? |
| The process of establishing and growing a business is known as |
| Which of the following deined entrepreneur as a person who makes money from starting a business |
| A set of forces that influences organizational operations is known as |
| The main of business is to provide value to the |
| Corporate venturing is otherwise called |
| Progress, growth and improvement within a pysical setting is known as |
| The ability to handle uncertainity by an entrepreneur is known as |
| Enhancing entrepreneurial skils and knowledge through training and institutional building is known as |
| A civil wrong other than a breach of contract or a breach of trust is known as |
| Environmntal scanning aids the entrepreneur to do the following except? |
| Forces outside an organization which influences its operations isknown as |
| Which of the following objectives helps an organization to be the biggest among its competitors |
| A consistent lack of clarity is known as |
| Which of the the individuals establishes and grows a business |
| The law governing the relationship between individuals and society is known as |
| The analysis of interactions in the economy as a whole is called |
| The environment within which a strategy operates and is developed is known as |
| The act of obtaining a desired object from someone by offering something in return is known as |
| The sum of knowledge of the means and methods of producing goods and services is known as |
| Which of the following is a characteristics of an entrpreneur |
| Which of the following is required for entrepreneurial self confidence |
| Which of the following is an organizational matErial resource |
| Which of the following is not an objective of business |
| Which of the following is not a source of capital for the entrpreneur as an investor |
| The minimum number of people who can form a private limited liability company is |
| Which of the following states how a company will relate to the external world |
| Which of the following is not a feature of a private company |
| Entrepreneurship is derived from which of the following words |
| Which of the following is a feature of public company |
| The commonest form of entrepreneurship is |
| Which goodwill arises on consolidation of accounts where a parent company’s purchase consideration of investment in its subsidiary company is more than the net assets of the subsidiary company? |
| Companies whose board of directors’ composition is controlled by the same company are referred to as what? |
| On consolidation, any goodwill, non- controlling interests and share of post acquisition retained earnings in the joint subsidiary company should be shared between all parties in the subsidiary company in line with: |
| In May 2011, the IASB issued four standards on consolidated financial statements, which are they? |
| If a company revalues its assets, its net worth |
| The reserve required by the provisions of the law to be created and maintained by banks is referred to as: |
| The followings are incomes to an insurance firm except: |
| ABC Company has a debt-to-equity ratio of 25% and a marginal tax rate of 25%. The average unlevered β of comparable companies is 1.1. The levered β of the company should be: |
| The currency in which financial transactions are recorded in foreign branch account is called: |
| With the new Multi-Fund Structure Introduced in the Nigerian contributory pension scheme, a number of Investment Funds are available to the contributors, namely; Fund I, Fund II, Fund III and Fund IV. Which of these funds is named “Retiree Fund� |
| Which of following of the best decribes the purpose of a business? |
| The resources of a business includes the following except? |
| Which of the following is among the long term venturers? |
| Which of the following is the oldest form of business? |
| The document which specifies the rights, powers and intererst of members in partnership is known as |
| The primary objective of management is |
| The managerial function concerned with determing the skills and qualifications required for job is known as |
| Which of the following described management as a uniques and distinguishing function of a business? |
| Which of the following is not and element of marketing concept? |
| Which of the following is not an element of production? |
| Another name for job production is |
| Which of following is referred to as the life- blood of a business? |
| The approach to haman resources management that recognizes man as a human being with feeling is |
| The method of compensation based on output best describes which of the following? |
| The process of creating a pool of applicants for a job is known as |
| Which of the following is not a direct influence of government on business? |
| Business influence government through the following except? |
| Which of the following believes that the sole responsibility of business is to maximize profit |
| Business transactions across national borders is known as |
| The followig factors except one is responsible for increased international trade? |
| International trade could be consumated through any of the following means except |
| A tax imposed on import or export goods is known as |
| Which of the following is a challenge to Nigerian businesses |
| A good that benefits a large number of people in the largest possible way is called |
| The characteristics of public goods include the following except |
| A social network is othwise called what |
| Which of the following is not among social networking types |
| Which of the following is not a social media site |
| Which of the following has witnessed social media applications? |
| NGO by orientation include the following except |
| The currency in which the financial statement of an entity is reported is the: |
| Under IAS 21, the rate ruling at reporting date is the : |
| Under IAS 21, the currency legally in use for the daily economic activity in a given country is the : |
| In group statement of cash flows, cash proceed from disposal or acquisition of subsidiary should be classified as: |
| The long term use is 120% of long term source. This indicates the unit has: |
| Which of the following is not among the regulatory frameworks of banks in Nigeria? |
| In the statement of financial position of an insurance firm, the followings are classified as assets except: |
| At the end of 2013, ABC Company had 480 million shares of common stock outstanding, and the share price was N13. In 2013, the unadjusted net profit was N160 million and the company’s income tax rate was 25%. The company had a one-time pre-tax restructuring loss of N30 million. After normalizing for non-operating items, the company’s P/E multiple should be: |
| An obligation repayable in foreign currency under foreign branch accounting is called: |
| Mr. Obera acquired preference shares in Aisha Plc on 1st of August. The rate of return on the business is 10%. The payment of dividend is usually on 30th of June and 31st of December. Which of the following is the correct entry in the books of Mr. Obera: |
| Which of the following is errously linked to business organizations |
| The form of business ownership the entrepreneur decides to go into is known as |
| Which of the following is preoccupied with what is |
| The individaul who performs entrepreneurial roles in large organizations is known as |
| The capacity to work for long hpurs by an entrepreneur is known as |
| The assumption that one’s accomplishment lies in his hands is known as |
| Which of the following have medium tolerance for uncertainty |
| Which of the following is oriented towards self-imposed standards |
| Which of the following is likely to have limited formal training |
| Which of the following is motivated by organizational rewards |
| In the cash flow statement, how should dividend received from associate company be stated? |
| In line with IFRS 11, which are the two types of joint arrangements? |
| Joint venture is more or less an associate except that in the case of a joint venture there is |
| In line with IFRS 3, which are the two consolidation rules in group accounting? |
| The goodwill that arises under the proportionate of net assets method of consolidation is referred to as |
| Proprietary ratio can be said to be: |
| The payment of dividend by banks is subject to the following conditions except: |
| Which of the following is not a technical reserve in the statement of financial position of an insurance firm: |
| NOUN Co is considering acquiring the ordinary share capital of CEW Co. CEW has for years generated an annual cash inflow of N10 million. For a one off investment of N6m in new machinery, earnings can be increased by N2m per annum. NOUN has a cost of capital of 10%. What is the value of CEW Co? |
| The Financial Director of your company has just informed you that the company is in the process of completing a sale or re- purchase agreement with a major customer and that the transaction amounts to #20 million. The customer is prepared to pay cash immediately and the company is willing to repurchase the goods anytime within two years. The transaction should be treated as: |
| A favourable set of circumstances which creates a need for a new product, service os business |
| When an entrepreneur established a business in response to a problem he is |
| Which of the following is a quality of an opprtunity |
| Which of the following is a risk averter |
| Which of the following is not a source of primary data |
| One of the following is not an object of entrepreneur marketing |
| Which of the following is not a part of sales promotion |
| Which of the following is not a consideration in choosing a business opportunity |
| All of the following is factor in choosing a business opportunity |
| An entrepreneur’s tolerance for adventure is known as |
| The concept of data either out of date or not available is known as |
| Consultants who adapt existing reports by substituting the names of new clients are called |
| Which of the following is an entrepreneur’s riad map in building a successful business |
| The first part of a business plan is known as |
| The third part of a business plan is known as |
| The discussion of competition is usuallu found in which of the business plan sections |
| Which of the following sections of the business plan describes how assets to aid production |
| The idea that some people are genetically predisposed to becoming entrepreneurs is known as |
| Which of the following describes as individuals who take uncalculated risks |
| Which of the following is the first stage in the entrepreneurial process |
| Ovia retired from Zenith Bank as pioneer Group Managing Director / Chief Executive Officer from ……….. to ……….. |
| Folorunso Alakija started her fashion designer business in ………. |
| Folorunso Alakija won the best fashion designer award in ……….. |
| Who is the founder of Visafone Communications Limited? |
| Jim Ovia has been the Chairman and Non-Executive Director of Zenith Bank plc since ……….. |
| In ……….. Bello-Osagie became the chairman of the board of directors of The United Bank for Africa Plc |
| Bello Osagie resigned as the chairman of the board of directors of The United Bank for Africa Plc in ………. |
| Jim Ovia was born in Agbor on ……….. |
| Jim Ovia finished secondary school in ………. |
| Jim Ovia headed the Corporate Finance department of Merchant Bank of Africa from ……….. to ……….. |
| Fola Adeola and Tayo Aderinokun established Gurantee Trust Bank in ………. |
| Bello Osagie was born in |
| Which yesr did Fola Adeola voluntarily retired from Gurantee Trust Bank as Managing Director/CEO? |
| Which year did Fola Adeola established FATE Foundation known as non-governmental organisation? |
| Tayo Aderinokun became the Managing Director/CEO of GTB and died in year …….. |
| Fajemirokun announced his desire to move into the upstream oil and gas sector of the nation‘s economy in ………. |
| ………. was born on the 4th of November 1962 |
| Which year did Otedola started Centre Force Limited which specialized in finance, investment, and trading? |
| In 2003 Femi Otedola established ………. Petroluem and gas limited |
| In 2004 Femi Otedola invested ………. in downstream infrastructure development and acquired storage depots at Ibafon |
| ………… is a great example of tenacity in the way that he approached the loss of the Niagara Fall power plant contract |
| Al-Fayed signed ……….. lease on the Parisian villa of the duke and duchess of Windsor in 1986 |
| ………… formed solid ties with military government and got rice importation deals in 1970 |
| At a very young age ……….. became a street vendor, charcoal, food, & firewood seller to make an ends meet |
| Al-Fayed bought the freehold of West London professional football club Fulham F.C in 1997 for |
| In ……….. Henry Ford natural talents earned him a promotion to chief engineer at Detroit Edison Company |
| Which year did Adnan Khashoggi employed Mohammed Al-Fayed to import and export business for him in Sauid Arabia? |
| Which country did Anastasios George Leventis become the general manager of G.B. Ollivants? |
| Isabel dos Santos acquired 4.918% of ZON Multimedia shares from Spain‘s Telefonica |
| Which year did Henry Ford created the Ford Model T car? |
| ………. are those that have immediate impact task, and consist of individuals or groups having tremendous influence on the attainment of the enterprise goals |
| Business revenue generally lower than companies that operate on large scale are known as |
| These are the following problems of Small Business Entreprises expect |
| Small scale business are run or operate entirely by ………. |
| ………. can be referred as industries that engage in large-scale production or activity and require huge amounts to set up |
| ……….. can be described as a team that consists of people interacting with one another towards the achievement of a common objective |
| KAI is originated from Japanise, the words KAI means ……….. |
| ……….. is a new approach already adopted by advanced economies in the management of public sector |
| ZEN is originated from Japanise, the words ZEN means ………. |
| ……….. can be referred as an emerging paradigm in management technique that can be adopted and applied for effective management of organization |
| ………. is indispensable in every thriving organization in order to keep in touch with and responding to the media and interest groups |
| The process of pursuing innovative solutions to social problems is known as |
| ………. is the unquantifiable force, which brings together labour and capital and assume the risks of production and distribution |
| A document demonstrating the feasibility of a prospective new business and providing a roadmap for its first several years of operation is known as |
| A small area where a business opportunity is likely to bring profit is known as |
| ………. can be referred as abilities acquirable through entrepreneurship education |
| ………. can be described as a process that leads to taking of an action |
| ………. can be discribed as a process by which people exchange information, thoughts and feelings |
| Service industry include the following expect |
| ………. can be described as the goal of any small business |
| ……….. defines business opportunity as an attractive idea or proposition that provides the possibility of a return for an individual who takes the risk of using the idea to solve an identified problem of individuals or society |
| ……….. tried for many years to sell his chicken recipe idea but no one listened to him until he repackaged it and name it KFC (Kentucky Fried Chicken) |
| Which year did Nwachukwu noted that an entrepreneur is any person who has the ability to see and evaluate business opportunities, gather the necessary resources to take advantage of them and initiate appropriate action to ensure success? |
| ……….. define Education as the improvement of the intellectual capabilities of the beneficiary, acquisition of some essential skills and a further elevation of the person from a position of low value |
| In 1998 ……….. and ……….. are the term used to describe the way issues and messages are communicated between an organization and the public |
| In 2005 ………. define communication skills as the ways and abilities for expressing oneself well so that others can understand |
| ……….. notes problems as a threats or limiting factors, that is, the factors that have negative impact on success, growth and survival of the entrepreneurs’ business enterprises |
| Which year did Ogundele notes that techniques refer to methods or procedures of doing things? |
| In ……….. Bowman and Asch define strategic management as the match an organization makes between it‘s own resources and the threats and opportunities created by the external environment in which it operates |
| ………. define business opportunity as the sale of foods or services that enable the entrepreneur to begin a business |
| Which year did Albert S. Humphrey died? |
| One othe following authors was the founding fathers of SWOT analysis |
| Queuing theory is often called |
| All organisations with more than ……….. employees have one form of committee |
| Which year did Churchman stresses that without knowledge of organisation‘s values, an organisation cannot develop a mission, goals and objectives? |
| By ………. horizontal and vertical looms could be found in Asia, Africa and Europe |
| In Medieval Europe, weaving was done at ………. and sold at fairs |
| Which year did Hindus knew how to extract palm wine? |
| What is another name Inidia called coconut palm is known as? |
| Traditional Healers used to be taught by other traditional healers with minimum of ………. years |
| ………. is an art form that was used for many years to decorate palaces, temples and shrines |
| The ideal heat for most forging is the bright ……….. color that indicates forging heat |
| As iron heats to higher temperatures, it first glows ………. |
| ………. is important for indicating the temperature and workability of the metal |
| Modern blacksmiths employ an ………… or similar blowtorch for more localized heating |
| The baskets today are made from ………. |
| Carpenters normally framed post-and-beam buildings until the end of the ………. century |
| The fashioned carpentry is called ………. framing |
| ………. are usually the first tradesmen on a job and the last to leave |
| ………. is one of mankind’s oldest building materials |
| The first known baskets in the Africa Lowcountry is called fanner baskets, it used in winnowing ……….. |
| In ……….. sweetgrass baskets began to evolve from agricultural tools to household items |
| Carpenter was the ……….. most male-dominated occupation in the country in 1999 |
| According to ………… statistics, the total number of fishermen and fish farmers is estimated to be 38 million |
| Heating of iron by blacksmith to the higher temperatures, it first glows red, then orange, yellow, and finally |
| ………… and ………… are famous all over the world for their bronze and metal carvings |
| The first patterns of casting were made probably …………. years in mesoptoamical from beewax |
| Metal casting technology using moulds originated in the ……….. Of China |
| The first steel products were made in ……….. in 500 B. C., but the process was lost |
| Nigerian pottery ranks very highly in the world and the late ……….. and Alhaja Sifawa Jimoh are both famous in the line |
| A person’s belief in his or her capability to perform a task is known as …………………… |
| The ………… in Nigeria have been known to have an achievement oriented culture that helps entrepreneurs persist until they succeed |
| ……………… also affect the image or status of entrepreneurs |
| …………… is an interdisciplinary concept? |
| In the …………….. century, entrepreneurs were the ‘Captains of Industry’ |
| A French economist known as ……….. Was credited with giving the concept of enftrepreneurship a central role in economics |
| British economist John Stuart Mill elaborated on the necessity of entrepreneurship in private enterprise in the year …….. |
| Entrepreneurship was descried as a force of “Creative Destruction” whereby established ways of doing things are destroyed by the creation of new and better ways to get things done by …………….. |
| Many companies that are starteed by entrepreneurs go out of business few years after their establishment because of the following reasons EXCEPT …………. |
| Ideas may come from the following means EXCEPT ………….. |
| …………….. Is a group of activities designed to enhance the effective operation of the entire system in a firm? |
| …………….. Is the beginning of team building cycle? |
| ……………… stage involves what is the cause of the problem in team building cycle |
| ………….. Is the last stage of the team building cycle |
| …………. Is not a characteristic of well functioning work team? |
| The followidng are factors affecting team building EXCEPT ………… |
| Planning, control and improvement are the quality triology model of ………… |
| Tom Peters believedd that as the effective leader walks, at least the following major activities are happening EXCEPT ……… |
| …………….. Says that without good personal quality, you cannot have good team or organizational quality |
| ………….. Popularize the concept of Plan-Do-Check-Act (PDCA) |
| ………….. Is known for his concept of “Creative destruction” which states that entrepreneurs are a force for change and make existing products obsolete |
| ……………. In 2003 observed, there is no precise or agreed definition of entrepreneurship |
| One of the reasons entrepreneurs are successful is that they have imagination and can envision alternative scenarios is called ………. |
| ………….. Is not one of the big five personality characteristics |
| ……….. Points out that the psychology and behaviour of the entrepreneeur may change as the business evolves |
| …………. Do not believe that traits are a deciding factor and believe that anyone can be taught to be an entrepreneur |
| Immigrants in many countries become entrepreneurs if they find that their language and job skills do not meet the needs of employers, this is caused due to …………. |
| Entreppreneurship is denied from the French term ………….. |
| The word entrepreneurship was deried from the ……….. Century |
| ……….. Spoke of entrepreneurs as the individual who undertook the formation of an organization for commercial purposes |
| …………………. Started that trait theories assume that successful leaders have certain innate qualities which distinguish them from non leaders |
| Leadership was defined as a process whereby an individual influenes a group of indiiduals to achieve a common goal |
| …………….. Defined leadership as discovering a company’s destiny and having the courage to follow it |
| ………….. Said a true leader is secure in creating a framework that encourages others to tap into their own skill andd ideas and freely contribute to the whole of the project or company. |
| ………….. Said a leader is someone who has the clarity to know the right things to do, the confidence to know when they are wrong and courage to do the right things |
| …………… defined leadership as the behaviour that brings the future to the present and persuading others to help you make it a reality |
| ………………. Is not one of the principles of leadership? |
| A leader who gains influence mainly from strength of personality is known as a ………….. Leader |
| A leader wose influence arises directly out of his position is called a ……………… leader |
| …………….. Is a leader whose approach to leadership is influenced by moral and ethical principles |
| The ability to accept people even when one may be forced to refuse to accept certain behaviors or performance is a characteristic known as ………….. |
| ……………. Is not a feature of servant leaders |
| The ability to nurture one’s ability to dream great dreams is a feature of servant leadership called ……………….. |
| The ability of a person to understand the lessons from the past, the realities of the present and the likely consequence of a decision for the future is a feature of servant leadership known as ………………… |
| According to ……………….. Change is an illogical and emotional process |
| ……………… defined change management in four basic dimensions |
| To manage change means to remain competitive and attractive in the face of challenges, this was stated by ………….. |
| ……………………… is not a quality that leaders as change agenets must exhibit? |
| ……………….. Defined change as everything from re-engineering, right sizing, restructing to cultural change |
| Motivation is the influence or drive that causes us to behave in a specific manner and has been described as consisting of energy, direction andd sustainability this was stated by …………….. |
| The art of problem solving and decision making is base on _________ |
| ________ thinking considers end rather than means |
| ______ defined as the logical and quantitative analysis of all the factors influencing a decision |
| _______ Is the logical approach, it answers questions like What, Who, Where, How, When and Why |
| ________is a method base on two head is better than one. |
| ________ is the comparison of one thing with another that has similar features |
| _______ looks for the attributes or qualities of the product .i.e. comparison of the best one |
| Under certainty, the decision maker simply ______ the outcome of each alternative and selects the one that best meets his/her objective |
| _________ are indicators which reflect the relative changes in the level of certain phenomenon in any given period |
| most common index numbers are the price index numbers which study changes in price level of commodities over a period of time is know as ________ |
| ………………. Stated that according to the legitimacy theory, profit is viewed as an all-inclusive measure of organizational legitimacy |
| …………… theory brings the approach of developing voting support form shareholders rather by purchasing voting power |
| ………………. Stated that public interest is much reserved as the government participates in corporate decision making |
| ……………. Is not a function of fthe board of directors? |
| According to ………….. A sound and imaginative process of risk oversight and management and internal control are invaluable for corporate survival |
| ……………… stated that a board which is in charge of its destiny has to set the tone and indices of moral behavior of the corporate entity and ensure adherence by the rank and file |
| The following are responsiblilities of board of directors EXCEPT ………….. |
| According to ……………. Large investorstend to act as mentors to the managers of the firm and behave in a supportive and friendly manner. |
| According to ………………… it may be wrong to conclude that governance norms compelled companies to sacrifice long term interests or outlook in the pursuit of short term interest and responses to market signals |
| ………….. Stated that corporate governance scores and the accompanying analysis also help investors understand how a company’s management treats the interest or shareholders including minorities. |
| Social entrepreneurship is an important ,…………… deployed to tackle social challenges in the society. |
| In the 17th century, entrepreneurship was seen as …………………. activities. |
| Richard cantilon introduced…………..taking as a cardinal element in entrepreneurship |
| In 20th Century …………. introduced the concept of innovation and power as agents of development. |
| Shaw (2004) defined entrepreneurship as an ……………., a way of thinking and learning. |
| Government around the world have been creating……….. to support social entrepreneurship. |
| Social entrepreneurship will always emerge when public organisation fail to bring…………development. |
| The term ‗……… could be used to perhaps more accurately describe the social entrepreneurial activity. |
| social entrepreneurs are people who initiate …………… solutions to problems |
| The aim of the social entrepreneurs is to ……….. the cause of social and environmental goals |
| The generally used methods of forecasting are as follows except _____________. |
| _____________ are forecasts based solely on past and present values of the variable to be forecast |
| the Least Significant Difference (LSD) at the given level of significance is known as ________ |
| Total Sum of Squares = |
| Ho: μ1 = μ2 = μ3 = …………..= μki.e, all means are equal is _________ |
| For the validity of the F-test in ANOVA, the following assumptions are made except ____________ |
| Assumption for the Applications of t-distribution are as follows except ___________ |
| y = a+b1x1+b2x2+b3x3——bx xn stand for _______________ |
| If Y = a+bx, then ‘b’ is ___________ |
| The coefficient determination show the variation in the independent variable as a result of corresponding variation in the____________ variables |
| Structural (chronic) or transient poverty is defined as persistent or permanent ………..deprivations |
| Transient poverty is defined as transitory/……… and is linked to natural and man-made disasters. |
| Social entrepreneurs should have high ability to recognize ……….that have not been addressed |
| A social entrepreneur must be………… in setting his vision and in problem solving |
| Thompson (2002) comments that social entrepreneurs have the ………. of business entrepreneurs |
| Social entrepreneurs are …………. |
| Social entrepreneurs must have the ability to…………social vision |
| social entrepreneurs does not eliminate the need for ………….. profit. |
| Transient poverty is more reversible but can become ………… if it persists. |
| Just like other entrepreneurs, they must find resources………. |
| Poverty can be structural (chronic) or …………… |
| Structural (chronic) or poverty is defined as a persistent or permanent…………….deprivation |
| Marxian theoretical formulation,states that poverty is caused by……………….in the society |
| Marxian theory divided the society into the classes of rich bouregeoisie and poor……………… |
| Marxis refer to the rich bouregeosies as…………………. |
| Joseph Bocke developed a model of ………namely traditional sector and the modern sector. |
| Gainful employment is important for individual to earn income and escape from …… poverty. |
| In countries, the poor are faced with problems of…… due to lack of skills or low educational levels. |
| ……shocks and policy failure has been a major cause of poverty in several countries of the world. |
| Transient poverty is defined as …………….. and is linked to natural and man-made disasters. |
| According to …………… family business is the most prevalent form of business in the world |
| Family owned business have played an important role in the following EXCEPT …………….. |
| …………………. One of the triad that conducts and controls most of the world’s trade and foreign direct investment |
| During the ……………… century, the Rothschild family were recorded to possess the largest private fortune in the world |
| ……………… was not part of the strong family orientation that the Rothschild family exhibited |
| The Rothschild family also fulfilled the following functions EXCEPT …………….. |
| During the 1800s, a family controlled shiipping and railroad business created by …………….. |
| Another business with strong family involvemeent that survivd different generations recorded in the US history were the …………….. |
| ………….. Due to his insatiable appetite for success and faith in God went into the business world |
| The Guggenheims family became wealthy form their involvement in ……………. |
| Maintaining the superiority of the family at all times is called ……………… |
| The state of permanence in any system is known as …………. |
| ……….. Means maintaining a similar posture or balance |
| The force that binds a family together is ……….. |
| The ………………….. Family ran a succcessful banking empire and their five sons were bound by trust and strong loyalty to the family |
| ………………. Is not a characteristic identified under loyalty |
| ……………………. Is a psychological state comprising of the intention to accept a vulnerable position by a party based on a positie expectation of the intention of another party |
| ………… is not a characteristic identified under trust |
