ENT101




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ENT101


	defines a business plan as a written
summary of an entrepreneurâ€~s proposed business venture, its operational and financial details, its marketing opportunities and strategy, and its managersâ€~ skills and abilities.
Answer: Scarborough (2014)

	is the study of populations both in
terms of their overall size and their structural characteristics.
Answer: demography

Entrepreneurship is a situation when an enterprising individual pursues a lucrative opportunity. This definition is created to _
Answer: bateman and snell (2011)

Entrepreneur can be differentiated from owner-manager on the following basis except
Answer: organisational standards

	is the number of live births per
thousand of the population in a given year.
Answer: birth rate

Personaal resources can be divided in to savings and	
Answer: inherited wealth

	is not an example of exchange
relationship in entrepreneurial activities
Answer: dealing with public officials

	may take the form of a new product in
an old market
Answer: innovation

A/An	is one who has the
responsibility to plan, organize, lead and control its available resources effectively and efficiently in order to achieve organizational purpose.
Answer: managers

The full meaning of CEO is	
Answer: chief executive officer

	is the study of value and resource
allocation, applied to new ventures.
Answer: entrepreneurial finance

Factors in the internal environment of business include the following except
Answer: technology

European Bank for Reconstruction and Development (EBRD) was inaugurated
Answer: 1991

Another name for task environment is Answer: macro environment

Technological issue in entrepreneurial activities include the following except
Answer: production management

Operations managers are example of managers
Answer: middle

	is an example of management control in
entrepreneurial activities
Answer: financial management

	is the last step involved in
entrepreneurial process
Answer: managing and growing an entrepreneurial firm

Entrepreneurial activities as propounded by Kilby (1971) can be broadly categorized into
Answer: 4

	is defined as Ythe sum of knowledge of
the means and methods of producing goods and services
Answer: technology




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