Answer ALL questions. Each question carries ONE (1) mark. Choose the best alternative answer

1. Decision making under uncertainties characterise _______________

A. Intrapreneurship

B. Innovation

C. Entrepreneurship

D. Venturing

2. The following factors makes it possible to form a new venture except __________

A. Government

B. Finances

C. Technology

D. Individual background

3. Which of the following are the external drivers capable of triggering change?

A. Process improvement, customer requirements and market competition

B. Improving operational efficiency, process improvement and customer requirements

C. Customer requirements, demands for other stakeholders, process improvement

D. Customer requirements, demand from other stakeholders, market competition

4. The ability to perceive something not actually visible describes a _____________

A. Strategy

B. Mission

C. Goal

D. Vision

5. The disagreement that exist between two or more groups and their respective members is referred to as _________________

A. Inter-group conflict

B. Inter-organisational conflict

C. Intra-group conflicts

D. Inter-personal conflict

6. Edwin is that kind of leader who offer overtime pays, initiates employee of the week awards and other incentives to his subordinates. Megasize College is holding its annual graduation ceremony in three months, hence his strategy to motivate employees to perform to their best within the shortest time. Which of the following best describes Edwin's leadership style?

A. Participative

B. Corrupt

C. Transactional

D. Transformational

7. Creating a sense of urgency as one step in the stages of change, calls for management to ______________

A. Explain to stakeholders by providing a compelling vision for change

B. Develop a course of action for implementing change

C. Convince the members of an organisation of the need for change

D. Create a clear vision for effective perception of the change ideas among employees.

8. The following are output measures of innovation except ________________

A. Tangibles

B. Intellectual property

C. Percentage of sales

D. Use of technology

9. People, finance, infrastructure and knowledge are components of ________________ in an organisation.

A. Strategic goals

B. Management

C. Culture

D. Resources

10. _____________ are visionary and concerned with the organisations long term success.

A. Managers

B. Shareholders

C. Leaders

D. Employees