NOUN TMA Solutions: ENT102 - The Nigerian Entrepreneurial Environment
Q1 Which of the following involves filling and keeping filled, organizational the positions
Staffing
Q2 Which of the following is not emphasized in the definition of a cooperative society
Sale at market c ontrol
Q3 Which of the following is not a disadvantage of trade discount
Investment oppor tunities
Q4 The minimum number of people that can form a public limited liability company is
Seven
Q5 In marketing the desires for specific satisfaction of deeper needs are called
Wants
Q6 Product includes the following except?
Thinkin g
Q7 Which of the following is not a principle of co-operative society?
Political and religious neutrality
Q8 Which of the following is not found in the memorandum of association
Profit sharing ratios
Q9 Which of the following is not a feature of a private company?
It cannot sell shares to the public
Q10 The manner in which strategy is developed is known as
The context
Q11 Which of the following is not found in company memorandum
Profit sharing
Q12 The acronym FUSSI stands for which of the following?
Funds for Small-Scale Industries
Q13 Which of the following curtail capacity building and inhibit access to technical support
environment administ rative and trade barriers
Q14 Which of the following is not a member of the internal environment?
Customers
Q15 Which of the following is true about entrepreneurs and change
They search for change
They respond to change
They exploit change as a n opportunity
***All of the above
Q16 Which of the following is not a member of the task environment?
Competito rs
Q17 In which of the years was entrepreneurship education made compulsory tertiary institutions
2009
Q18 Private limited liability company is formed by which of the following?
2-50 persons
Q19 Which of the following is a reason for self- employment?
Disliked of challenge
Q20 which of the following is not a reason for promoting entrepreneurship
Development of local technological base
Reduction in rural-urban drift
Mobilization of domestic savi ng
***None of the above
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