Telegram group: T.me/BBCNOUN
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ENT202
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1. The entrepreneur does not bring about ………………. rather, he searches for change, responds to it, and exploits it as opportunity.

	--->> Change

	      Political

	      Unfavourable balance of payment

	      Natural

2. Uncertainty may arise as a result of ……………………. Wrong decision unethical.

	      Implicit cost

	      Costing

	      Superiority

	--->> Competition

3. Entrepreneur set their own goals rather than having them set by their ……………………….

	      Society

	      Family

	--->> Bosses

	      Intrapreneur

4. In economics the central problem is _______

	      Private

	      Commercial

	--->> Scarcity

	      Government

5. __________ may be structured in many forms, including sole proprietors, for-profit and not for-profit firms, non-governmental organizations, youth groups, community organizations, and more

	      Trend

	      Irregular

	      Marketers

	--->> Social ventures

6. Any entrepreneur is a risk taker; they take calculated ……………… whether formally or informally.

	--->> Risk

	      Business

	      Loss

	      None of the above

7. The distinguishing characteristic of the social venture versus the business venture is the__________ of their objective to solve social problems and provide social benefits

	--->> primacy

	      Relative

	      Income

	      Investor

8. Every business concern must be able to carry out its market ………… to control in terms of market coverage and patronage of its products and services

	      profit

	      Loss

	--->> shares

	      None of the above

9. ………………….. research is undertaken by entrepreneur consciously and unconsciously.

	      Positive

	--->> Marketing

	      Servicing

	      Undefined

10. A _________is a set of activities, which leads to the manufacturing of goods or provision of services to satisfy the consumers at a profit

	      Average cost

	      Job

	      Employment

	--->> Business