Entrepreneurship Development (MGTC3105)
Higher Institute of Commerce and Management (HICM)
Semester: First Semester
Level: 300
Year: 2016
THE BAMENDA UNIVERSITY
HIGHER INSTITUTE OF COMMERCE AND MANAGEMENT SCIENCES
FIRST SEMESTER EXAMINATION 2015/2016
COURSE LECTURER: PROF. FORJE L. C.
COURSE TITLE: ENTREPRENEURSHIP DEVELOPMENT
COURSE CODE: MGT 205
CREDIT VALUE: 6 CREDITS TIME: 14:00-17:00 DATE: 15/02/16
INSTRUCTION: ANSWER ALL QUESTIONS
1. Entrepreneurs are born (2 Marks)
a) False b) True
2. Entrepreneurs are created (2 Marks)
a) False b) True
3. The term entrepreneurship is much broader than equating it only with new venture creation and
management (2 Marks)
a) True b) False
4.
Entrepreneurs possess the ability to direct others in conditions of uncertainty
which requires: (4 Marks)
Knowledge and
a)
False
b)
True
Foresight
a)
True
b)
False
Superior managerial
a)
False
b)
True
Confidence
a)
True
b)
False
5. The views of Neo-classical economics, Anthropology, Economic history, Psychology,
and sociology on Entrepreneurship are all different. (2 Marks)
a) True b) False
6. Public Service institutions need to be entrepreneurial and innovative fully as much
as any business does (2 Marks) a) False b) True
7. Entrepreneurship is concerned with creating and managing vision and communicating
that vision to other people (2 Marks)
a) True b) False
8. According to Gibb (1996) there are three reasons for the contemporary interest in
entrepreneurship (3 Marks)
Job creation and economic development
a) False
b)
True
Strategic adjustment/realignment a) True b) False.
Deregulation and privatization of public owned utilities a) False b) True
9. Intrapreneurship is different from Entrepreneurship ( 2 marks)
a) True b) False
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10 Intrapreneurship can be learned even from home (2 Marks)
a) False b) True
11. Business culture is the integration of individual or group cultures. ( 2Marks)
a) True b) False
12. There is the family trait in every entrepreneur (2 Marks)
a) False b) True
13. Total commitment, determination and perseverance are the core of entrepreneurial success
a) False b) True (2 Marks)
14. Education creates entrepreneurs and enhances the ability of intrapreneurs (2 Marks)
a) True b) False
15. Historical conditioning can impact upon the extent to which entrepreneurial characteristics
exist within the population (2 Marks)
a) True b) False
16. Entrepreneurship becomes a prerequisite for economic development when economies are
rapidly changing and development is uncertain (2 Marks)
a) True b) False
17. The Political system can promote or retard entrepreneurship (2 Marks)
a) True b) False
18. Macroeconomic policies as support to control inflation (2 Marks)
a) False b) True
19 Microeconomic policies include ‘hard’ and ‘soft’ support (2 Marks)
a) False b) True
20 Hard Support refers to money, building and equipment (2 Marks)
a) True b) False
21. Soft Support is essentially education and know-how (2 Marks)
a) True b) False
22. Name 10 of Timmons 19 attributes of an entrepreneur (10 Marks)
23. Present in a table form the seven ‘Entrepreneurship types, Personality type and their
Attributes following Lessem (1986) (15 Marks)
GOOD LUCK!!!
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