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Tuesday, December 11, 2018

ECO 292

December 11, 2018 No Comments

ECO292 List of Questions

Latex formatted questions may not properly render

Q1 A shift of the demand curve to the left indicates an increase in demand





Q2 What CANNOT cause an increase in demand?





Q3 A change in quantity demanded can be in two respects





Q4 When does increase in quantity demanded occurs as a movement downwards on a demand curve?





Q5 The Supply Curve is a graph illustrating how much of a given commodity sellers (firms) would sell at ______________.





Q6 Supply curves are derived from supply schedules





Q7 A higher price means greater profits and thus an incentive to increase the ______________.





Q8 What is Market supply?





Q9 Generally, the higher the number of sellers the grater the supply.





Q10 Expectations about the future price of a product can cause producers to increase or decrease current supply.





Q11 What happens if price of substitute production good rises?





Q12 A subsidy lowers cost of production, so _____________.





Q13 A business tax is treated as a cost, so ______________.





Q14 Which improvement means more efficient production and lower costs, so an increase in supply, or rightward shift in the curve results?





Q15 A decrease in resource prices wil cause an increase in supply or _____________ shift in the supply curve.





Q16 A rise in resource prices will cause a decrease in supply or _____________ shift in supply curve





Q17 Which law states that the higher the price of a commodity, the higher the quantity supplied, if all other things are unchanged?





Q18 Supply curves are derived from supply schedules by plotting price against the quantity supplied with price on the _____________.





Q19 What is the quantity of a commodity sellers wish to sell at each conceivable price?





Q20 Change in quantity demanded refers to_______________ a demand curve as a result of changes in the price of the commodity.





Q21 All the following factors EXCEPT ____________ causes decrease in demand for a commodity





Q22 Which of the following is NOT an example of substitute good?





Q23 the price of the substitute good and demand for the other good are ______________ related.





Q24 Define market demand.





Q25 What is marginal utility?





Q26 The law of demand states that other things being equal, as price increases, the quantity demanded of a commodity _____________.





Q27 Define denad curve.





Q28 A table showing how much of a given commodity a buyer would be willing to buy at different prices is called ___________.





Q29 Which concept remains the most fundamental in economic analysis and constitutes the backbone of a market economy?





Q30 What is referred to as a class of resources that are man-made for the purpose of creating a more efficient production process?





Q31 What encompasses the productive capacity of human physical and/or mental efforts, measured in terms of ability to work or produce goods and services?





Q32 Agricultural land, deposits of ferrous and non-ferrous minerals, water, fisheries, and other aquatic life, wilderness and its multiple products are examples of ____________.





Q33 Traditionally the economic notion of resources classify resources into three broad categories: ______________.





Q34 Resources can be classified from ___________ perspectives





Q35 Define resources.





Q36 What are economic agents?





Q37 When the total market value of the final goods and services produced is attributable to factors of production (labour, capital and natural resources) originating exclusively from a given country, it is termed as ______________.





Q38 In both the product and the factor markets, information about resource scarcity is transmitted through ____________.





Q39 Every choice we make has a cost associated with it. What is the term for this cost?





Q40 What is the most implication of scarcity?





Q41 At no price, the quantity supplied of a free good for instance exceeds the quantity demanded leading to a _____________.





Q42 What is the opposite of a scarce resource?





Q43 The link between the flow of matter-energy in the economic system and the natural environment is very much ignored.





Q44 A typical economy is composed of EXCEPT ___________.





Q45 The fundamental level, central to the neoclassical economics worldview with respect to the natural environment and its role in the economic process are the following four key issues EXCEPT ___________.





Q46 What could continually augment the scarcity of natural resources?





Q47 Since the earth is �??finite�?? there exists a theoretical _______________ for resource extraction and harvest and disposal of waste into the natural environment





Q48 Is NOT the maintenance of life support systems





Q49 Is NOT nonrenewable resources





Q50 The economy is assumed to depend on the environment for three of the following distinctive purposes EXCEPT ___________.





Q51 What is NOT the consequence that the humans are treated on pre-eminent in the natural environment?





Q52 The Neoclassical worldview of environmental economic relationship is ____________.





Q53 In the name of economic activity the environmental resources are transformed into ____________ goods





Q54 Which of the following economic functions is NOT discharged by the environment?





Q55 The environment is the supplier of all forms of resources like renewable and non-renewable.





Q56 In what form can the relationship between human economy and natural environment be explained?





Q57 The cultural superstructure does NOT include __________.





Q58 The components of Superstructure are EXCEPT ____________.





Q59 Which of the following is NOT a primary group structure?





Q60 The primary group can be a potent instrument in disseminating environmental education. Which of the following is NOT a function of the primary group?





Q61 There are NO limits to the rate to which materials can be recycled through the natural system





Q62 The ongoing reconfiguration of natural capital in the natural system means that the system also acts as a _____________ process





Q63 Humans can exist in isolation of the natural system because all economic (even non-economic) activities of man are not connected with the various other living and nonliving endowments of nature.





Q64 The by-products of an economic reconfiguration process is referred to as �??waste�?� .





Q65 One characteristics of the human economy is that it produces intended useful product and some _______________.





Q66 Which of the following resource is NOT regarded as natural capital?





Q67 The natural environment could be defined as physical, chemical, and biological surroundings that comprise the Earth�??s endowment of ___________ systems





Q68 The importance of land resource lies in the fact that it is the source of all our vital requirements EXCEPT ___________.





Q69 What is another name for Water Environment?





Q70 A major layer in the atmosphere is the ___________ layer which protects human, plants and other animals from hazardous radiation from the sun.





Q71 The atmosphere contains life-supporting __________ for plants and animals





Q72 The atmosphere reaches over __________ kilometre from the surface of the earth





Q73 What is another name for the Air Environment?





Q74 there are other two aspects that impact on the natural environment, these are: (a) Anthrosphere (b) _________ environment





Q75 The structure of the ______________ can be described in terms of its interdependent components, namely air, water, land living system and social structure





Q76 The ultimate limits to environmental resource availability are imposed by ___________.





Q77 Which of the following is not addressed in environmental economics?





Q78 As a sub discipline of economics, environmental economics originated early years of the so-called environmental ____________.





Q79 In order to account for the environmental impact of ___________ activities





Q80 Why did the classical and neo-classical economists underestimated the environmental issues of production and consumption?




Tuesday, August 7, 2018

ENT308 TMA solution

August 07, 2018 No Comments

ENT308 List of Questions

Latex formatted questions may not properly render

Q1 Many expert believe_______ is a necessary condition for family business continuity





Q2 Directing an enterprise should not be confused with everyday involvement in_______





Q3 Corporate_______ can be defined as a system of structures and processes





Q4 Family members are expected to maintain a sense of duty through being_______ to the family





Q5 _______ of family business explain how the company is directed control and reported





Q6 _______ is a common practice in families that create dilemmas both in the present and the future





Q7 An important part of managing _______ well lies in the commitment to accept change





Q8 The most common type of family business _______ are employment and exit policies





Q9 Managing business is about _______





Q10 The mistake that can be made in ownership of family business is to consider business ownership as a right rather than a_______





Q11 The primary venue in which the family exercises its ownership rights is the _______





Q12 The absence of _______ agency cost may be upset by principal agency problems that lead to managerial entrenchment





Q13 _______ literature has examined differences in risk taking behavior between family and non family firms





Q14 The challenges family businesses face can be grouped into _______ different categories





Q15 _______ is about wealth creation preservation growing and sustaining the families wealth





Q16 Almost every family business started as a small_______





Q17 The goal of family owners is based on a duty to pass on a _______ business to the next generation





Q18 Many families made their vision the guide to investment and_______actions





Q19 Developing a shared vision influences the families behavior by encouraging a long term perspective on _______





Q20 The famlies long term _______ can become competitive advantage to the business





Q21 The familys values are the familys _______





Q22 Family business that lacks multigenerational_______ can hardly be positional to the retain the competitive advantages





Q23 Agreed values are important to the next generation in_______ how the family work together





Q24 There is a classic line that many parents repeat when a_______ acts inappropriately





Q25 The family value sets the internal _______ of behavior so that members will want to expect from each other





Q26 Values are_______ to each family representing a narrative about how their behavior makes them successful





Q27 Family values are in many ways attempt to_______ who they are





Q28 A family business believe and value start with the_______





Q29 Family values are a source of_______ advantage to many successful businesses





Q30 When family _______ are extended into the business they provide a powerful source of strength





Q31 Some distinctive assets of family business include all except





Q32 One of the characteristics of a family business is their long term _______





Q33 _______ defined by behavior embedded in a business as a result of the leadership provided by family members





Q34 Control refers to the right and _______ family members derive from significant ownership and governance of the agency relationship





Q35 In economics large and small family own business creates significant amount of wealth and _______





Q36 The measure of a business is based on risk taking innovation and _______





Q37 _______ refers to the resources and capabilities that emerge when the family and the business coexit within the family business





Q38 Different businesses may have different _______ and means of doing business





Q39 The social capital theory addresses the_______ and exchange between individuals in a social network





Q40 The _______ theory is a theoretical approach that was used in the shcolarly study of family business





Q41 Culture refers to a _______ set of assumptions that guide the beliefs system of a group of people





Q42 The _______ plan of a family firm shows its long term goals





Q43 _______ is a role reflected in family members involvement in directing the relationship within the firm





Q44 A_______ team is hired to organize and coordinate all the affairs of a firm





Q45 _______ of a firm belongs to the person or group that holds the controlling shares





Q46 _______ culture measures the extent to which family values and business values overlap in a family firm





Q47 Power measures familys_______ in the firm through ownership





Q48 _______ refers to dominance





Q49 A strong family_______ is embedded in the natural demand placed on the family system at different levels





Q50 _______ which is central to all attributes of the family as a whole is based on strong ethics





Q51 An individual within a strong family_______ will be loyal to any organization





Q52 _______ is the force that binds a family togetehr





Q53 _______ refers to the recognition of a shared history and practices that connects individual family members





Q54 Stability represents those aspects of the family that ensures its_______ is preserved





Q55 _______ refers to the sense of permanence in any system





Q56 The_______ of the family is crucial and means of achieving this is to ensure that the family carries on its existence





Q57 The demand to carry on the family name leads to_______





Q58 Trust is viewed as one of the _______ advantage present within the family





Q59 _______ is crucial to the survival of every family unit





Q60 _______ creates a moral sense of right doing





Q61 _______ are planted into individuals within the family system and are expected to be upheld by each member of the family





Q62 Family _______ are usually viewed as positive attributes within the family system





Q63 _______ is a way of life built into individual family members





Q64 Family members are expected to maintain a sense of duty through being _______ to the family





Q65 _______ mother is a woman who bear a child for a couple where the wife is unable to do so





Q66 The legal system as has also made it possible to become a member of a family through _______





Q67 Ownership of the family unit is mainly by all except





Q68 A _______ is referred to as a permanent body consisting of individuals who are bound by obligation





Q69 Success recorded in family business includes the development of key research areas such as all except





Q70 Contribution to the theory of family business research in the last one decade includes the development of _______ theories and concept





Q71 The foundational _______ of family business was embedded in studies of behavioral pattern of small business owners





Q72 Recurrent issues associated with family business were mostly linked with all except





Q73 _______ issues associated with family businesses were mostly linked with ownership succession performance and governance





Q74 The family is involved to _______ control the business to facilitate generational transfer





Q75 The bull eye model was an employed _______ approach to access the contribution of family businesses





Q76 Family is summarized to be about _______ and social resources





Q77 Family business learn to lay more emphasis on a firm longevity and _______





Q78 In all markets family owned _______ in form of the bedrock of advancing economics





Q79 The family provides _______ resource which could be paid or unpaid for the business





Q80 The_______ business is the most prevalent form of business in the world




ENT301 TMA Solution

August 07, 2018 No Comments

ENT301 List of Questions

Latex formatted questions may not properly render

Q1 The import substitution policy's operational strategy was�?��?��?�





Q2 �?��?��?��?�.is a technique where parents create a laissez faire environment.





Q3 �?��?��?��?�.. include all the individual incidents and experiences that influence the development of entrepreneurial personality.





Q4 The �?��?��?��?�. extolled the virtues of free trade, specialization, and competition





Q5 Schumpeter (1934) described entrepreneurship as a driver of





Q6 �?��?��?��?�... defines personality traits as �??stable qualities that a person shows in most situations





Q7 �?��?��?�.cultural entrepreneurship model model says that new venture is created by the influence of one�??s culture.





Q8 �?��?�..is the first social context identified by Reynolds.





Q9 Reynolds (1991) has identified �?��?�... social contexts that relates to entrepreneurial opportunity.





Q10 �?��?��?��?�..implies how firm-specific advantages could drive, simultaneously a tendency towards increasing industrial concentration.





Q11 �?��?��?�..implies that opportunities for creating future goods and services are discovered, evaluated and exploited





Q12 �?��?��?��?�is concerned with search for a for application of more than product and service development





Q13 �?��?�. in 1725 introduced the term �??entrepreneur�?� to refer to the risk bearing function in economics.





Q14 �?��?��?�stated that the differentiated an inventor from an innovator, indicating that an inventor discovers new methods and new materials but an innovator utilizes inventions and discoveries to produce new combinations





Q15 �?��?��?�involves the act or process of identifying a product, service or idea that will constitute the venture.





Q16 �?��?��?��?��?�.was focused on the production and export of primary products in the category of raw materials





Q17 The Import Substitution era was from �?��?�..to�?��?�





Q18 Theory of �?�.. presents innovation as the major factor in developing new products (and services) and in catalyzing investment interest in new ventures





Q19 Employment generation is a benefit of �?��?��?��?��?��?��?�..





Q20 �?��?��?��?�.is the major political factor affecting the growth of entrepreneurs in Nigeria





Q21 The import substitution policy's operational strategy was�?��?��?�





Q22 �?��?��?��?�.is a technique where parents create a laissez faire environment.





Q23 �?��?��?��?�.. include all the individual incidents and experiences that influence the development of entrepreneurial personality.





Q24 The �?��?��?��?�. extolled the virtues of free trade, specialization, and competition





Q25 Schumpeter (1934) described entrepreneurship as a driver of





Q26 �?��?��?��?�... defines personality traits as �??stable qualities that a person shows in most situations





Q27 �?��?��?�.cultural entrepreneurship model model says that new venture is created by the influence of one�??s culture.





Q28 �?��?�..is the first social context identified by Reynolds.





Q29 Reynolds (1991) has identified �?��?�... social contexts that relates to entrepreneurial opportunity.





Q30 �?��?��?��?�..implies how firm-specific advantages could drive, simultaneously a tendency towards increasing industrial concentration.





Q31 �?��?��?�..implies that opportunities for creating future goods and services are discovered, evaluated and exploited





Q32 �?��?��?��?�is concerned with search for a for application of more than product and service development





Q33 �?��?�. in 1725 introduced the term �??entrepreneur�?� to refer to the risk bearing function in economics.





Q34 �?��?��?�stated that the differentiated an inventor from an innovator, indicating that an inventor discovers new methods and new materials but an innovator utilizes inventions and discoveries to produce new combinations





Q35 �?��?��?�involves the act or process of identifying a product, service or idea that will constitute the venture.





Q36 �?��?��?��?��?�.was focused on the production and export of primary products in the category of raw materials





Q37 The Import Substitution era was from �?��?�..to�?��?�





Q38 Theory of �?�.. presents innovation as the major factor in developing new products (and services) and in catalyzing investment interest in new ventures





Q39 Employment generation is a benefit of �?��?��?��?��?��?��?�..





Q40 �?��?��?��?�.is the major political factor affecting the growth of entrepreneurs in Nigeria





Q41 Bans and high tariffs on foreign products which can be manufactured locally are effective instruments in the�?��?��?�..





Q42 �?�..type of firms are therefore owned and managed by highly educated professionals with high social awareness and acceptance.





Q43 Self-Actualization is a major reason for �?��?��?��?��?�.





Q44 To what extent do you consider yourself a doer and not an administrator or manager?' is a type of question used to rate �?��?��?�..





Q45 It concerns the entrepreneur's treatment and concern for customers, employees, community, trade associations and competitors, among others.





Q46 The following are technical skills in Entrepreneurship, except;





Q47 �?��?��?��?��?�. in a nation, defines the economic and industrial structure of that nation.





Q48 One of these is a affecting entrepreneurship in Nigeria





Q49 One of these is not a specific benefit of entrepreneurship to economic development





Q50 The �?��?��?��?��?� child in the family is more commonly an entrepreneur in the family.





Q51 The sociological theory is the �?��?��?��?��?��?�.. of the major entrepreneurial theories





Q52 �?��?��?��?��?��?� is an important aspect of personality





Q53 The AMP concentrated on �?��?��?��?� in the context of an economy of knowledge





Q54 What is the full meaning of AMP?





Q55 The economic entrepreneurship theory has deep roots in the �?��?��?��?�. And theories of economic and (AMP).





Q56 Coon (2004), defines personality traits as:





Q57 �?��?��?��?��?� stated in psychological Entrepreneurship theories, "The level of analysis in psychological theories is the individual"





Q58 One of these is a criticism raised against the non-classical conjectures





Q59 "The importance of exchange caplled with diminishing marginal utility is enough impetus for entreprenuership in the non-classical movement" was stated by





Q60 Perfect competiton does not allow �?��?��?��?��?�.. and �?��?��?��?� actitvities





Q61 Classical theory extolled the virtues of all except





Q62 One of these is not the mode of production articulated classical theories.





Q63 Situational developed include all the incidents and experiences that influence �?��?��?��?��?��?�





Q64 An individual is likely to become an entrepreneur if �?��?��?��?��?��?��?� is/was an entrepreneur, 'according to some studies'





Q65 In the 1960s and 1970s, the world "entrepreneur" or "businessman" did not represent desirable personalities this was because.





Q66 Craftmans entrepreneur' is under what view of social profile of the entrepreneur.





Q67 Personality traits of an entrepreneur includes �?��?��?��?��?��?�.





Q68 All these are under situational determinants of entrepreneurial personality except.





Q69 The era of indigeneous entrepreneurship started from to?





Q70 Low technological base of Nigeria makes the avaliability of �?��?��?��?��?��?�.. and �?��?��?��?��?��?��?�.. difficult





Q71 �?��?��?��?��?��?��?�.. is a destroyer of achievement motivation, hardwork, honest living and econmoic development.





Q72 An entrepreneur is someone who?





Q73 One of these is not a sub-function of entrepreneurship.





Q74 Entrepreneurs are innovative is a grand function of what entrepreneurship concept.





Q75 How many grand functions does an entrepreneur do from the evolutionary concept.





Q76 An important theory of economic growth presents �?��?��?��?��?��?�.. as the major factor in developing new products and services.





Q77 The operatioal stategy for �?��?��?��?��?��?�.. was technology transfed.





Q78 Era of import substitution was from �?��?��?��?��?��?�.





Q79 A characteristic feature of the primary commodity era was �?��?��?��?��?��?��?�.. by colonial power





Q80 How many years did the ' primary comodity era' take place?





Q81 One of these is not a benefit of entrepreneurship to economic development.





Q82 All except one is circumstances that influence of people with respect in the level and social class.





Q83 �?��?��?��?��?��?��?��?� refers to the dominant orientation towards personal achievement free-wheeling openness and energizing republicianismm.





Q84 The influence of culture is an example of �?��?��?��?��?��?� factor that determine personality.





Q85 The four major types of factors that determine personality were described by�?��?��?��?��?�..





Q86 One of theses is a type of enterpreneurship .





Q87 Law firms is an example of �?��?��?��?��?��?��?�.. type of entrepreneurship.





Q88 Companies which are bought, improved and resold are examples of �?��?��?��?��?��?��?��?�..





Q89 Examples of High Technology firms include all except





Q90 Soft drink manufacturers, breweries, banks and insurance companies are examples of�?��?��?��?��?��?��?�





Q91 Small types of business that do not require much capital outlay and do not return much income are known as:





Q92 One of these is not a basic way of developing or encourageing the development of entrepreneurial capability.





Q93 Infrastucture necessary for entrepreneur which are to be provided by government includes all except.





Q94 �?��?��?��?��?��?��?��?�.. Can encourage the developemnt of entrepreneurial capability through display of interest and high expectations in achievements of children.





Q95 In genetics and environemntal inheritance, �?��?��?��?��?��?� has shown that the taicts that can be acquired at childhood from parents during development stages of child.





Q96 A major ingredient for success in entrepreneurship is �?��?��?��?��?��?��?�.





Q97 Most Nigerian studies, including that of Okia-Anie, have shown that the modal age range for entrepreneuring is�?��?�..





Q98 Risk taking and innovativeness, need for achievement and tolerance for ambiguity had positive and significant influence on�?��?��?�..





Q99 Need for achievement theory by McClelland (1961) explained that�?��?��?��?��?��?�.





Q100 "Locus of control', this concept was first introduced by�?��?��?��?��?��?�




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