UNIPORT GES 300 – Answers to GES 300 – Entrepreneurship and Small Business Management Workbook Part IV

Uniport GES 300 – This post is majorly for all the students that want to fill UNIPORT GES 300 – Entrepreneurship and Small Business Management Workbook. This article will help you to confirm the answers you wish to select or you’ve selected. Also, guidelines on how you will write your GES 300 exams and possible questions you will see are also stated. GES 300 has been initiated as a compulsory course by NUC to all departments in the University of Port Harcourt and even to other schools at large. It is a course where you are been taught Entrepreneurship and Managerial Skills to Small Business. This is where students are opportune to learn about management and entrepreneurship to enable them become boss of their own or manage any sector effectively and as well utilize every business opportunity through the ideas they have. Uniport does not play with GES courses as it is very compulsory that all students must pass it before graduating from the University.

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FOR GES 100 – CLICK HERE

FOR GES 101 – CLICK HERE

FOR GES 102 – CLICK HERE

FOR GES 103 PART I – CLICK HERE

FOR GES 104 PART II – CLICK HERE

FOR GES 300 PART I – CLICK HERE

This GES 300 Part IV is typically done to assist students in answering the questions from Question 131 to Question 160. If you’ve answered yours and want to confirm if what you’ve done is correct, you can easily check the answers below. If you’ve not answered any, you can still use this as a guideline to answer yours. But in all, we advise you read the Textbook so that you can confirm the answers provided.

Answers to GES 300 Questions

131. Information theory of entrepreneur is associated with who ______. Answer: who to produce for, how to produce and what to produce

132. Marketing P(s) entails price, product, promotion, people, process, physical distribution and ____ Answer: Place.

133. Qualities of good brand are memorable, meaningful, transferable, attractiveness and ____. Answer: Protectable, competitor and dismitive

134. _______ manager is saddled with the long-term well being of the firm. Answer: General

135. A pioneer work of Henri Fayol is ______ dividing of ______ principles of management. Answer: Labour, Unity of command

136. Boston Consulting Group has _____ quadrants. Answer: four

137. A manager must have equal authority and _____ to ensure effective management of his unit. Answer: virtue

138. Legal, commercial and financial due diligence are due required in ______ of business. Answer: Management

139. When, where and what to buy, even how to buy is associated with _______ behaviour. Answer: consumer buying behaviour

140. ______ is used to express a condition when firm take over the assets and liability of a competitor. Answer: Acquisition.

141. The opening record of most/every accounting and financial statement is ________. Answer: opening stock/inventory

142. A company policy to mitigate against eventuality in life _____. Answer: Assurance

143. The common benefit of E-commerce are convenience, brand variety, product comparison and _____ Answer: competitive pricing

144. A major concern of e-commerce across the globe is ____. Answer: Border

145. To diagnose e-business, _______ components are involved in business model. Answer: Swot analysis and Portek five forces analysis

146. _______ is  a common form family business transfer a succession in Nigeria. Answer: Inheritance

147. The most critical stage of selling process required to convert word to action is _____. Answer: Approach

148. Salesman involve in educating and creating a favourable image for a brand ____ Answer: promoter

149. Johnson products follow what type of name branding approach ______. Answer: Individual brand name

150. Shopping mall offers what type ______ benefit. Answer: all types of

151. The first step in strategic managerial process _____. Answer: planning

152. Management practices is geared towards achieving two key word as _____ and _____. Answer: efficiency and effectiveness.

153. The strategic management question of how do we get there? Is addressed in what stage of the process. Answer: Idea creation

154. _____ is the creation of new way of doing things by individual working in an organization. Answer: Innovation

155. In entrepreneurial economy, every question of what, who, how and where to produce is directed by ____. Answer: Entrepreneur

156. Utmost good faith is associated with _____ principle. Answer: Insurance

157. Right certifications, job experience, age personal attributes is found in ______. Answer: Curriculum

158. Production/system analysis is a typical of ______ plan. Answer: organizational

159. Most people do not secure loan due to inability to get ______. Answer: collateral securities and quantities

160. Small business may not necessary do formal marketing research but through _____, _____ and ______. Answer: knowing the target market, identifying potential customer and asking customers question about the product.

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UNIPORT GES 300 – Answers to GES 300 – Entrepreneurship and Small Business Management Workbook Part IV