ENT301 TMA

 

Q1 The import substitution policy’s operational strategy was………
Technology transfer
protecting infant industries
Revenue generation
All of the above

Q2 ………….is a technique where parents create a laissez faire environment.
Authoritarian Technique
Permissive Technique
Authoritative Technique
All of the above

Q3 ………….. include all the individual incidents and experiences that influence the development of entrepreneurial personality.
Situational determinants
Choice of Occupation
Influence of Peers
Social Blockages and Marginality

Q4 The …………. extolled the virtues of free trade, specialization, and competition
Neo-classical Theory
Classical Theory
Austrian Market Process
None of the above

Q5 Schumpeter (1934) described entrepreneurship as a driver of
market-based systems.
profit-based systems
company-based system
None of the above

Q6 …………… defines personality traits as “stable qualities that a person shows in most situations
Coon
Adekunle
Morgan
Landstrom

Q7 ……….cultural entrepreneurship model model says that new venture is created by the influence of one’s culture.
cultural entrepreneurship model
anthropological theory.
Resource based entrepreneurship theory
None of the above

Q8 ……..is the first social context identified by Reynolds.
life course stage context
social networks
ethnic identification
population ecology

Q9 Reynolds (1991) has identified ……… social contexts that relates to entrepreneurial opportunity.
five
six
four
three

Q10 …………..implies how firm-specific advantages could drive, simultaneously a tendency towards increasing industrial concentration.
economic theory
game theory
opportunity based entrepreneurship theory
Resource based entrepreneurship theory

Q11 ………..implies that opportunities for creating future goods and services are discovered, evaluated and exploited
opportunity theory
economic theory
opportunity based entrepreneurship theory
agency theory

Q12 …………is concerned with search for a for application of more than product and service development
Dreams
Business formation
Technology transfer
Problem solving

Q13 ……. in 1725 introduced the term “entrepreneur” to refer to the risk bearing function in economics.
Richard Cantillon
Francis Walker
Frank Knight
Jean Baptise Say,

Q14 ………stated that the differentiated an inventor from an innovator, indicating that an inventor discovers new methods and new materials but an innovator utilizes inventions and discoveries to produce new combinations
Schumpeter
Kotler
Imaga
Williams

Q15 ………involves the act or process of identifying a product, service or idea that will constitute the venture.
Venture opportunity identification
venture feasibility analysis
venture capital study
Election of Ownership structure

Q16 …………….was focused on the production and export of primary products in the category of raw materials
primary commodity era
Import Substitution Era
Era of Indigenous Entrepreneurship
Secondary commodity era

Q17 The Import Substitution era was from ……..to……
1970 to 1989
1960 to 1983
1965 to 1986
1960 to 1999

Q18 Theory of ….. presents innovation as the major factor in developing new products (and services) and in catalyzing investment interest in new ventures
Economic growth
Economic development
Economic Stability
Economic progress

Q19 Employment generation is a benefit of …………………..
Working for government
Working for a corporation
Entrepreneurship
None of the above

Q20 ………….is the major political factor affecting the growth of entrepreneurs in Nigeria
Action of government
Major Corporations
Shortage of Star-up capital
Foreign exchange

Q21 The import substitution policy’s operational strategy was………
Technology transfer
protecting infant industries
Revenue generation
All of the above

Q22 ………….is a technique where parents create a laissez faire environment.
Authoritarian Technique
Permissive Technique
Authoritative Technique
All of the above

Q23 ………….. include all the individual incidents and experiences that influence the development of entrepreneurial personality.
Situational determinants
Choice of Occupation
Influence of Peers
Social Blockages and Marginality

Q24 The …………. extolled the virtues of free trade, specialization, and competition
Neo-classical Theory
Classical Theory
Austrian Market Process
None of the above

Q25 Schumpeter (1934) described entrepreneurship as a driver of
market-based systems.
profit-based systems
company-based system
None of the above

Q26 …………… defines personality traits as “stable qualities that a person shows in most situations
Coon
Adekunle
Morgan
Landstrom

Q27 ……….cultural entrepreneurship model model says that new venture is created by the influence of one’s culture.
cultural entrepreneurship model
anthropological theory.
Resource based entrepreneurship theory
None of the above

Q28 ……..is the first social context identified by Reynolds.
life course stage context
social networks
ethnic identification
population ecology

Q29 Reynolds (1991) has identified ……… social contexts that relates to entrepreneurial opportunity.
five
six
four
three

Q30 …………..implies how firm-specific advantages could drive, simultaneously a tendency towards increasing industrial concentration.
economic theory
game theory
opportunity based entrepreneurship theory
Resource based entrepreneurship theory

Q31 ………..implies that opportunities for creating future goods and services are discovered, evaluated and exploited
opportunity theory
economic theory
opportunity based entrepreneurship theory
agency theory

Q32 …………is concerned with search for a for application of more than product and service development
Dreams
Business formation
Technology transfer
Problem solving

Q33 ……. in 1725 introduced the term “entrepreneur” to refer to the risk bearing function in economics.
Richard Cantillon
Francis Walker
Frank Knight
Jean Baptise Say,

Q34 ………stated that the differentiated an inventor from an innovator, indicating that an inventor discovers new methods and new materials but an innovator utilizes inventions and discoveries to produce new combinations
Schumpeter
Kotler
Imaga
Williams

Q35 ………involves the act or process of identifying a product, service or idea that will constitute the venture.
Venture opportunity identification
venture feasibility analysis
venture capital study
Election of Ownership structure

Q36 …………….was focused on the production and export of primary products in the category of raw materials
primary commodity era
Import Substitution Era
Era of Indigenous Entrepreneurship
Secondary commodity era

Q37 The Import Substitution era was from ……..to……
1970 to 1989
1960 to 1983
1965 to 1986
1960 to 1999

Q38 Theory of ….. presents innovation as the major factor in developing new products (and services) and in catalyzing investment interest in new ventures
Economic growth
Economic development
Economic Stability
Economic progress

Q39 Employment generation is a benefit of …………………..
Working for government
Working for a corporation
Entrepreneurship
None of the above

Q40 ………….is the major political factor affecting the growth of entrepreneurs in Nigeria
Action of government
Major Corporations
Shortage of Star-up capital
Foreign exchange

Q41 Bans and high tariffs on foreign products which can be manufactured locally are effective instruments in the………..
development of a strong local economy
protecting infant industries
generating external revenue
attracting investors

Q42 …..type of firms are therefore owned and managed by highly educated professionals with high social awareness and acceptance.
Marginal firms
Professional Ventures
Mass producers
High technology firms

Q43 Self-Actualization is a major reason for …………….
Hard-work
Entrepreneurship
Money making
None of the above

Q44 To what extent do you consider yourself a doer and not an administrator or manager?’ is a type of question used to rate ………..
Traits and Abilities
Skills
Knowledge
All of the above

Q45 It concerns the entrepreneur’s treatment and concern for customers, employees, community, trade associations and competitors, among others.
Entrepreneurial ethics
Entrepreneurial inclination
Entrepreneurial skills
None of the above

Q46 The following are technical skills in Entrepreneurship, except;
Writing
Decision making
Technology
Listening

Q47 ……………. in a nation, defines the economic and industrial structure of that nation.
Types of importation
Types of entrepreneur theories
Types of political theories
Types of entrepreneurships

Q48 One of these is a affecting entrepreneurship in Nigeria
Action of employment
Corruption
High technology base
Excessive exportation

Q49 One of these is not a specific benefit of entrepreneurship to economic development
Employment generation
Wealth Generation
Resourcs Generation
Competition and Better Services

Q50 The …………… child in the family is more commonly an entrepreneur in the family.
Youngest
Oldest
Middle
Second youngest

Q51 The sociological theory is the ……………….. of the major entrepreneurial theories
Third
First
Fourth
Second

Q52 ……………… is an important aspect of personality
Opportunity drive
Locus of control
Achievment
Accomplishment

Q53 The AMP concentrated on ………… in the context of an economy of knowledge
Reflex action
Human action
Entreprenuership
Study action

Q54 What is the full meaning of AMP?
African Market Presentation
Austrian Market Process
Australian Market Process
Algeria Money Park

Q55 The economic entrepreneurship theory has deep roots in the …………. And theories of economic and (AMP).
Theological and non-theological
Vocational and non-vocational
Classical and non-classical
Direct and indirect

Q56 Coon (2004), defines personality traits as:
Stable quantities that a person shows in most situations’
Behaviours associated with entrepreneur’
Characteristics of an entrepreneur
Behaviour making an entrepreneur’

Q57 …………… stated in psychological Entrepreneurship theories, “The level of analysis in psychological theories is the individual”
Joseph A. Schumpter, (1934)
Landstorm, (1998)
Smith, (1776)
Ricardo, (1817)

Q58 One of these is a criticism raised against the non-classical conjectures
aggregate demands ignores the uniqueness of individual-level entrepreneurial activities
Rational resource allocation captures the complexity of market, resources system
Use and exchange value reflects the value of immovation outcomes
Efficiency-based performance subsumes innovation and non-uniform outputs

Q59 “The importance of exchange caplled with diminishing marginal utility is enough impetus for entreprenuership in the non-classical movement” was stated by
Murphy, Liao & Welsch, 2006
Joseph Aloi Schumpeter, 1934
Ricardo, 1817
Smith, 1776

Q60 Perfect competiton does not allow …………….. and ………… actitvities
Renovation and Industrial
Innovtion and Industrial
Industrial and Entrepreneurial
Innovation and Entrepreneurial

Q61 Classical theory extolled the virtues of all except
Composition
Competition
Specialization
free trade

Q62 One of these is not the mode of production articulated classical theories.
Capital
Rent
Land
Labour

Q63 Situational developed include all the incidents and experiences that influence ………………
Growth of entrepreneurship in a country
Development of entrepreneurial personality
Development of entrepreneur awareness
Development of entrepreneurial ethics

Q64 An individual is likely to become an entrepreneur if ………………… is/was an entrepreneur, ‘according to some studies’
friends
Neighbours
One of his parents
Siblings or wife

Q65 In the 1960s and 1970s, the world “entrepreneur” or “businessman” did not represent desirable personalities this was because.
They were known for using black magic
Business men
They we egocentric and rude
They cared only about themselves

Q66 Craftmans entrepreneur’ is under what view of social profile of the entrepreneur.
Contemporary views
Early views
Entrepreneurs are tricksters
Entrepreneurs are money morgers.

Q67 Personality traits of an entrepreneur includes ……………….
Dependence
Innovativeness
Leadership
Optimism

Q68 All these are under situational determinants of entrepreneurial personality except.
Frequent experiences
Single experiences
Normal experiences
Infrequent experiences

Q69 The era of indigeneous entrepreneurship started from to?
1960 to 1988
1960 – 1993
1960 – present
1960 – 1977

Q70 Low technological base of Nigeria makes the avaliability of ……………….. and ………………….. difficult
Equipment and machinery
opportunity and cost
Choice and trade
Communication and equipment

Q71 ………………….. is a destroyer of achievement motivation, hardwork, honest living and econmoic development.
Bribery
Corruption
Dishonesty
Examination malpractice

Q72 An entrepreneur is someone who?
Heads a business
Sole owner of a business
Makes decisions, creates a business
Creates, organizes and takes the risk of a business

Q73 One of these is not a sub-function of entrepreneurship.
Venture feasibility analysis
Production of the business plan
Resources management
Capital mobilization

Q74 Entrepreneurs are innovative is a grand function of what entrepreneurship concept.
Opportunity
Independence
Evolutionary
Revolutionary

Q75 How many grand functions does an entrepreneur do from the evolutionary concept.
2
4
5
3

Q76 An important theory of economic growth presents ……………….. as the major factor in developing new products and services.
Renovation
Innovation
Coronation
Colonization

Q77 The operatioal stategy for ……………….. was technology transfed.
Indigenous entrepreneurship era
Primary commodity era
Import substitution era
Buhari administration era

Q78 Era of import substitution was from ……………….
1960 – 1970
1960 – 1988
1960 – 1983
1960 – 1997

Q79 A characteristic feature of the primary commodity era was ………………….. by colonial power
Lack of investments in the economic sector in Nigeria
Lack of investment in manufacturing sector in Nigeria
Lack of investiments in private sector in Nigeria
Lack of investiment in educational sector in Nigeria

Q80 How many years did the ‘ primary comodity era’ take place?
1940 – 1960
1928 – 1960
1914 – 1960
1914 – 1950

Q81 One of these is not a benefit of entrepreneurship to economic development.
Choice of Occupation
Wealth Creation
Employment Creation
Competition and Better Services

Q82 All except one is circumstances that influence of people with respect in the level and social class.
Influence of Culture
Choice of Occupation
Education for Entrepreneurship
Employment

Q83 …………………… refers to the dominant orientation towards personal achievement free-wheeling openness and energizing republicianismm.
Self-Determination
Legitimacy of Entrepreneurship
Influence of Peers
Influence of Culture

Q84 The influence of culture is an example of ……………… factor that determine personality.
Constitutional determinants
Group member determinat
Situational determinants
Role determinant

Q85 The four major types of factors that determine personality were described by……………..
Murray and Kluckhotin
McClelland
Francis Wallar
Lendstorm

Q86 One of theses is a type of enterpreneurship .
High Technology Producers
Mass Firms
Marginal Ventures
Professional Venture

Q87 Law firms is an example of ………………….. type of entrepreneurship.
High Technology Firms
Mass Producers
Marginal Firms
Professional Venture

Q88 Companies which are bought, improved and resold are examples of ……………………..
Professional Venture
Marginal Firms
Speculators
Mass producers

Q89 Examples of High Technology firms include all except
Diverifiers enterprises
Pharmaticals Enterprises
Engineering Instrumentation Enterprises
Electronics Enterprises

Q90 Soft drink manufacturers, breweries, banks and insurance companies are examples of…………………
High Technology Firms
Mass Producers
Marginal Firms
Professional Venture

Q91 Small types of business that do not require much capital outlay and do not return much income are known as:
Professional Venture
Marginal Firms
Speculators
Diversifiers

Q92 One of these is not a basic way of developing or encourageing the development of entrepreneurial capability.
Contribution of Government
Parental Inducement
Education for Entrepreneurship
Network Building

Q93 Infrastucture necessary for entrepreneur which are to be provided by government includes all except.
Pipe borne water
Road work
Capital
Communication system

Q94 …………………….. Can encourage the developemnt of entrepreneurial capability through display of interest and high expectations in achievements of children.
Teacher
Parents
Family
Community

Q95 In genetics and environemntal inheritance, ……………… has shown that the taicts that can be acquired at childhood from parents during development stages of child.
Mcclelland
Joseph Schumpeter
Francis Walker
Frank Knight

Q96 A major ingredient for success in entrepreneurship is ………………….
Hardwork
Money
Connection
Good ideas

Q97 Most Nigerian studies, including that of Okia-Anie, have shown that the modal age range for entrepreneuring is……..
30-35 years
25-45 years
30-60 years
25-30 years

Q98 Risk taking and innovativeness, need for achievement and tolerance for ambiguity had positive and significant influence on………..
Entrepreneurial ethics
Entrepreneurial inclination
Achievment motivation
Entrepreneurial traits

Q99 Need for achievement theory by McClelland (1961) explained that……………….
Human beings have needs to be related to new venture creation
Achievement motivation id evidence of personality traits
Human beings have need to succeed, accomplish, excel or achieve
None of the above

Q100 “Locus of control’, this concept was first introduced by………………
Jean baptise Say
Francis Walker
Julian Rotter
Frank Knight

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