How to login to NOUN Elearn Portal
You can now use you matric number to login as your username and password in a lowercase.
https://elearn.nouedu2.net/login/
Note that you are to change your passw...
NATIONAL OPEN UNIVERSITY OF NIGERIA
UNIVERSITY VILLAGE, PLOT 91, CASDASTRAL ZONE, NNAMDI AZIKIWE EXPRESS WAY, JABI, ABUJA.
FACULTY OF MANAGEMENT SCIENCES
OCTOBER/NOVEMBER 2014 EXAMINATION
COURSE CODE: ENT 323
COURSE TITLE: Entrepreneurship Dev. & Small Business Mgt.
DURATION: 2 Hours
INSTRUCTIONS: 1. Attempt questions 1 and any other 2 questions.
2. Question 1 is compulsory and carries 30 marks, while the other 2 questions carry 20 marks each.
3. Present all your points in coherent and orderly manner.
Q1.a Define Entrepreneur according to economic theory to clearly bring out the defining elements and its business management functions.
b. In today's modern business environment, quality teaching can be traced to Edward Deming. Highlight Deming's points for quality improvement.
c. Identify and explain any two important type of mind books and records that the small business should keep.
Q2. The reporting of activities of a business comes in the form of the financial statement. How do you understand the term financial statement? Discuss fully its components.
Q3. Comment on the various types of financing that are available to a small business from the conventional banks.
Q4.a What is operations management?
b. Manufacturing activity does not take place in a vacuum. Where does it take place? Comment on the facilities required to ensure that manufacturing take place without hitches.
Q5.a Creativity is a very important success factor in entrepreneurship. Outline the basic characteristics of creative people.
b. What issues must an entrepreneur understand in the economic, political and regulatory trends of a company.
