Question: A persons belief in his or her capability to perform a task is known as

Answer:Self efficacy

Question: The in Nigeria have been known to have an achievement oriented culture
that helps entrepreneurs persist until they succeed
Answer:Igbo

Question: also affect the image or status of entrepreneurs

Answer:Culture

Question: is an interdisciplinary concept

Answer:Entrepreneurship

Question: In the century entrepreneurs were the Captains of Industry

Answer:19th

Question: A French economist known as Was credited with giving the concept of
enftrepreneurship a central role in economics
Answer:Richard Cantillon

Question: British economist John Stuart Mill elaborated on the necessity of

entrepreneurship in private enterprise in the year
Answer:1848

Question: 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
Answer:Joseph Schumpeter

Question: Many companies that are starteed by entrepreneurs go out of business few
years after their establishment because of the following reasons EXCEPT
Answer:Accurate business acumen

Question: Ideas may come from the following means EXCEPT

Answer:Age

Question: Is a group of activities designed to enhance the effective operation of

the entire system in a firm
Answer:Team building

Question: Is the beginning of team building cycle

Answer:Problem identification

Question: stage involves what is the cause of the problem in team building cycle
Answer:Diagnosis

Question: Is the last stage of the team building cycle

Answer:Evaluation

Question: Is not a characteristic of well functioning work team

Answer:Selection

Question: The followidng are factors affecting team building EXCEPT

Answer:Internal factors

Question: Planning control and improvement are the quality triology model of
Answer:Juran

Question: Tom Peters believedd that as the effective leader walks at least the
following major activities are happening EXCEPT
Answer:Speaing

Question: Says that without good personal quality you cannot have good team or
organizational quality
Answer:Clus Moller

Question: Popularize the concept of Plan Do Check Act PDCA

Answer:Deming

Question: Is known for his concept of Creative destruction which states that
entrepreneurs are a force for change and make existing products obsolete
Answer:Schumpeter

Question: In 2003 observed there is no precise or agreed definition of

entrepreneurship
Answer:Kilby

Question: One of the reasons entrepreneurs are successful is that they have
imagination and can envision alternative scenarios is called
Answer:Creativity

Question: Is not one of the big five personality characteristics

Answer:Humility

Question: Points out that the psychology and behaviour of the entrepreneeur may
change as the business evolves
Answer:Michael Morris

Question: Do not believe that traits are a deciding factor and believe that anyone
can be taught to be an entrepreneur
Answer:Peter Drucker

Question: 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
Answer:Circumstances in society

Question: Entreppreneurship is denied from the French term

Answer:Entreepredre

Question: The word entrepreneurship was deried from the Century

Answer:17th

Question: Spoke of entrepreneurs as the individual who undertook the formation of

an organization for commercial purposes
Answer:Adam Smith

Question: Entrepreneurship is derived from the French term

Answer:enterpendre

Question: Schumpeter is known for his concept of

Answer:creative destruction

Question: Entrepreneurs act on theirbecause they have a high need for achievement
Answer:ideas

Question: Entrepreneurship requires For the sustainability of the business

Answer:innovation
Question: Providing somethiing new to serve the market is known as
Answer:service innovation

Question: Ideas may come from the following means EXCEPT

Answer:sleep

Question: Most economists today agree that entrepreneurship is a necessary

ingredient for stimulatinggrowth
Answer:economic

Question: Hear are the factors of production EXCEPT

Answer:market

Question: factors such as risk and financial capital are mostly attributed to an
Answer:entrepreneur

Question: is the abiity to excel at one or more output goals

Answer:effectiveness

Question: Suggested a methodology for analyzing change which he called Field force
analysis
Answer:Lewin

Question: is based on legitimatee authority within the bureaucratic structure of

the organization
Answer:Transactional leadership

Question: Change taking place in markets and the development of niches is called
Answer:Fragmentation

Question: 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
Answer:Joseph Schumpeter

Question: Entrepreneurs often decide to start their own businesses in order to

avoid having
Answer:a boss

Question: Is not a fundamental quality improvement tool

Answer:Algorithm

Question: The third stage in the team building cycle is known as

Answer:Diagnosis

Question: Economic incentives include the following EXCEPT

Answer:Mechanical policy

Question: Self efficacy has been defined as a persons belief in his or her
capability to perform a task
Answer:TRUE

Question: According to model to change peoples behaviour we have to change the

environment they work convince them that the training is important and persuade
them that it will lead to an outcome they will value
Answer:Bandura