TMA4/GST301

My TMA Home TMA Results My Pending TMA Quick Help TMA Quiz Questions TMA: TMA4/GST301 Matric Number:  SCORE=10.00 GST301 - Entrepreneurship Studies DR SAMAILA MANDE (msamaila@noun.edu.ng ) 1 Take away skills and have ………………………… organizational progress organization stress organization anxiety organization failure 2 Lack of resources can cause …………………. In an organization slow down frustration efficiency others 3 Lack of action plan can cause …………………. progress false start clear way none of the above 4 An entrepreneur must be open to ……………. And be ready to adjust. criticism challenge other none of the above 5 The three levels of Regulation in Nigeria are ……………………. The judiciary, Legislative and Executive Federal, State and Local government Decree, Laws and Federal, Judiciary and Executive 6 The organisation that is concerned with the registration of Business in Nigeria is …………………. EFCC Standard Organisation of Nigeria Corporate Affairs Commission ICPC 7 An agency that is concerned with the investigation of all financial crimes is ………………… CAC SON NAFDAC EFCC 8 An agency that is responsible for providing advice, educate to public on and against bribery and corruption is EFCC ICPC SON CAC 9 One of the following is not the promotional / supportive roles of Gvernment Tax holiday Financial incentive Infrastructural development Tax evasion 10 The …………… environment prescribes acceptable principles and guides in business relationship. Economic regulatory/legal judiciary/executive political and judicial 11 The …………………. Was established by the Companies and Allied Matters Act (CAMA) 1990 as a corporate body with perpetual succession and a common seal. Corporate Affairs Commission Standards Organisation of Nigeria National Agency for Food and Drug Administration Control none of the above 12 The headquarters of the Corporate Affairs Commission is based in? Lagos Abuja the Federal Capital Territory Port Harcourt All of the above 13 Establishing and maintaining companies" registry and offices in all the states of the Federation is a function of ……………………… National Council National Affairs Commission Corporate Affairs Commission All of the above 14 Ensuring that the use of narcotic drugs and psychotropic substances are limited to medical and scientific purpose is a function of ………………………….. SON EFCC NAFDAC CAC 15 The need for a business plan includes all except: Planning to launch a new business Expanding your existing business Adding a new product or product line Increasing your labour force 16 A plan must be …………………… Readable Accommodating Explicit Durable 17 One of the benefits of planning is …………… It justifies your plan and actions It increases "firefight" It keeps ideas in your memory It indicates your inability 18 A written business plan should have all the following except ……………... financial information product or service business objective liquidation plan 19 The type of business you are planning should be stated under - Description of the business Marketing Organisation All of the above 20 Which of the following question will be answered in a business plan under organisation? What products or services will you sell? Who are your potential customers? How will you promote sales? Who will manage the business?