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GEN 009 - QUIZ 2 (SESSION 6-8)

Total questions: 25

Worksheet time: 13mins

Name
Class
Date
1.

Strategic Managers are in _____.

a)

Lower level of management

b)

Middle level of management

c)

Top level of management

d)

None of the options

2.

Tactical Managers are in ________.

a)

Top level of management

b)

Middle level of management

c)

Top level of management

d)

None of the options

3.

Operational Managers are in _______.

a)

Top level of management

b)

Middle level of management

c)

Lower level of management

d)

None of the options

4.

It is defined as the management functions of determining in advance what a group should accomplish and how the goals are to be attained.

a)

Planning

b)

Organizing

c)

Staffing

d)

Directing

5.

It is defined as the process of identifying activities needed to accomplish a goal, subdividing and grouping these activities into meaningful units, and assigning authority and responsibility to people for their accomplishment.

a)

Planning

b)

Organizing

c)

Directing

d)

Controlling

6.

It involves motivating the people in the organization to work in an efficient and effective manner to achieve the goals of the organization.

a)

Planning

b)

Organizing

c)

Leading

d)

Controlling

7.

An entrepreneur wanna be who practices entrepreneurship within a company.

a)

Strategic Manager

b)

Operational Manager

c)

Intrapreneur

d)

None of the option

8.

Enterprises can be classified into three. What are these?

a)

by asset size

b)

by number of employees

c)

by form of ownership

d)

All of the options

9.

Micro enterprises have _____ worth of total assets approximately.

a)

up to 3 Million

b)

3 million to 15 million

c)

15 million and more

d)

None of the options

10.

Medium enterprises have _____ worth of total assets approximately.

a)

up to 3 million

b)

3 million to 15 million

c)

15 million to 100 million

11.

Large enterprises have _____ worth of total assets approximately.

a)

up to 3 million

b)

3 million to 15 million

c)

15 million to 100 million

d)

100 million and above

12.

Small enterprises have _____ worth of total assets approximately.

a)

Up to 3 million

b)

3 million to 15 million

c)

15 million to 100 million

d)

None of the options

13.

It is entrepreneurship within an existing business.

a)

Intrapreneurship

b)

Internalneurship

c)

Internaneurship

d)

None of the options

14.

It refers to doing ICV.

a)

Entrepreneurship

b)

Intrapreneurship

c)

Management System

d)

Inventory

15.

Intrapreneurship provides a corporation with the ability to adapt quickly to changes in the macroenvironment.

a)

True

b)

False

16.

Intrapreneurship provides a corporation with the ability to diversify from the core business.

a)

True

b)

False

17.

Intrapreneurship provides a corporation with the ability to conduct market experiments.

a)

True

b)

False

18.

Intrapreneurship provides a corporation with the ability to train new managers and leaders.

a)

True

b)

False

19.

Intrapreneurship provides a corporation with the ability to establish new channels of distribution.

a)

True

b)

False

20.

Intrapreneurship provides a corporation with the ability to invest and profit from new venture creation

a)

True

b)

False

21.

This type of entrepreneur is someone who produces useful goods.

a)

Trader

b)

Solo

c)

Speciality Service

d)

Manufacturer

22.

This refers to the person who transfer goods from the manufacturer to the consumer.

a)

Manufacturer

b)

Trader

c)

Serial

d)

Intrapreneur

23.

This entrepreneur is highly skilled and talented, he/she prefers to work on his/her own.

a)

Manufacturer

b)

Trader

c)

Solo entrepreneur

d)

Street entrepreneur

24.

This refers to business that takes the opportunity to legally adapt and operate a fully established business; using the same business name, trade secret, trade mark, logo, product, etc. in exchange for royalty fees.

a)

Serial

b)

Trader

c)

Franchisee

d)

Social

25.

This refers to an entrepreneur who operate from the perspective of benefiting the people while earning profit.

a)

Manufacturer

b)

Solo entrepreneur

c)

Intrapreneur

d)

Social entrepreneur