1.
The business plan process which really go into details in describing the business which include the following business registered name, address of the business is ______
2.
As a small enterprise, you must register your business with ______ to enable you have an advantage over your competitors in terms of business expansion.
3.
The main aims of financial management is to ensure that a business is both successful and ______
4.
To enable one control mixed cost, we must ______them.
5.
All are factors to consider in starting a business except _____
6.
_______ is not an institution in promoting entrepreneurship
7.
In business _______ is a key to success, without it a business can not expand and succeed.
8.
The following are sources of funds for small enterprises except ______
9.
Net loss area is derived when the cost is greater than ______
10.
In the cost-volume-profit analysis diagram, net profit area is derived when sales is more than _______
11.
The following are methods of splitting mixed cost except ______
12.
Breakeven analysis is used for the following except ______
13.
_______ has both qualities of fixed and variable cost which change as output changes but not in the same proportion.
14.
The point where the total sales and total cost intersect is known as ______
15.
______ is one of the advantages of financial management.
16.
______ is not a type of loan.
17.
The following are frustrating factors one may encounter in being self-employed except ______
18.
Total variable cost (TV/C) has a direct relationship with ______
19.
Breakeven point means ______
20.
_______ is the change of taking advantage of an occurrence in the market for business gain.
21.
______ is an organization that attempt to earn profit by providing goods and services that is needed by the society.
22.
The factors to consider when starting a business which require through research into you target market by considering how your business can solve your customer’s problems is ______
23.
______ is one of the ways in solving financial management problems
24.
18. The following are factors that can determine the level of business success except _____
25.
All are ways of owning a small business except _______
26.
_______ is not government incentives Programme to small business.
27.
All are advantages of self-employment except ______
28.
One of the symptoms of business failures identified by oshagbert in 1983 is _______
29.
What is the full name for CAC
30.
______ has an inverse relationship with volume where it decreases when the volume is increase and increases when the volume is decrease.
31.
The business plan process which has to do with conducting thorough market research to enable you understand the industry and how to stand out from competitors is _____
32.
______ is not sources of finance to business men
33.
Breakeven analysis is the study of the relationship between _____
34.
The process of writing a business plan which gives a brief introduction to your business is known as ________
35.
One of the following is not an advantage of self-employed.
36.
Another name for mixed costs is ______
37.
All are type of loan except one ______
38.
______ is one of the problems associated with financial management.
39.
Sound financial management is the careful and prudent management of your companies financial.
40.
_______ is a government policy which is held in a very high esteem for both small- or large-scale business owners because it is used, in developing the economy.
41.
______ is a business which is owned and controlled by one or few persons.
42.
The study of cost-volume profit analysis is used for ______
43.
______ is one of the problems associated with small scale business.
44.
All are problems of entrepreneurship except ______
45.
_________ is a rule that guides decisions, resulting in positive outcomes that promote the community.
46.
The following are the advantages of owning a business except _______
47.
A good business plan is a _____ on how to structure run and grow your new business.
48.
In buying an existing business ______ is one of the advantages.
49.
Government regulates business through the following except.
50.
All are qualities of entrepreneur except _______
51.
______ is a situation where available capital is insufficient to pay all obligations of the business.
52.
Without sound ______ management, decision making is flawed
53.
In observing changes in the environment, ______ is highly relevant to business opportunities identification.
54.
______ are tangible items that can be seen, touched and held.
55.
______ is a source of financing to a business.
56.
There are ______ methods in deciding breakeven point.
57.
_______ is a record needed for financial management.
58.
______ is a tool you will use and not a total you will use.
59.
What first comes to your mind before you start up a business.
60.
Fixed cost are those costs that tend to remain _______ in total within a given period of time.
61.
Government requires the following in order to regulate business except one _________
62.
The following are the processes involve in writing a business plan except _____
63.
Breakeven can be approach in the following method except _____
64.
The scope small business covers the following except one ______
65.
Business exists to achieve certain objectives which include _______ (a) lack of fund (b) lack of inadequate experience (c) payment of debt (d) profit making
66.
______ is a written document that describes the products or services the business will offer and how it will achieve its goals.
67.
The cost that are approximately fixed for over a small range of output, but vary over a large range of output is known as ______
68.
______ is one of the steps in identifying business opportunities which has to do with understanding problem
69.
______ is one of the steps in identifying business opportunities
70.
_______ is one of the factors encouraging small scale business failure.
