30 Questions
What are the core competencies that entrepreneurs need to make their businesses thrive?
Leadership and communication skills
How do successful businesspeople contribute to their success?
By possessing specific characteristics and essential skills
What is described as paramount for entrepreneurs to thrive in the business world?
Understanding risks and rewards
Which characteristic do entrepreneurs display in every interaction with stakeholders according to the text?
Passion, vision, and mission for the business
What importance do communication skills hold for entrepreneurs according to the text?
Vital for various business aspects such as sales and conflict resolution
How does the text suggest entrepreneurs should approach their role?
With confidence, dedication, and a commitment to growth
What does entrepreneurial motivation refer to?
Drive to continue engaging in entrepreneurial activities
Which type of motivation involves completing a task for rewards like money or gifts?
Extrinsic Motivation
What is the main characteristic of Extrinsic Motivation?
Motivated by rewards
Which motive involves the desire for control, influence, and impacting others?
Power motive
What fades away when rewards are absent or not at par with interest?
Extrinsic Motivation
Which motive involves pursuing, upholding, or revitalizing emotional connections with others?
Affiliation motive
What distinguishes Scalable Startup Entrepreneurship from Small Business Entrepreneurship?
Scalable Startup Entrepreneurship involves rapid expansion and disruptive innovation, while Small Business Entrepreneurship focuses on a smaller scale and minimal employees.
Which factor characterizes Nericel Bonus' success in Small Business Entrepreneurship during the COVID-19 pandemic?
Utilizing social media platforms to share her 'ukay-ukay' journey.
How does Kumu differentiate itself as a Scalable Startup Entrepreneurship?
By having more than seven million registered users and two million monthly active users in its third year.
What is the primary characteristic of a micropreneur like Nericel Bonus in Small Business Entrepreneurship?
Running a one-person team with minimal employees.
Why is disruptive innovation an essential aspect of Scalable Startup Entrepreneurship?
To quickly expand and transform into a highly lucrative company.
What sets apart small business entrepreneurs like Nericel Bonus from scalable startup entrepreneurs like Roland Navarro de Ros?
Small business entrepreneurs operate with minimal employees or as one-person teams, while scalable startup entrepreneurs focus on disruptive innovation and rapid expansion.
What type of entrepreneurship involves acquiring established companies or merging with smaller businesses?
Buyer Entrepreneurship
Which entrepreneur is known for acquiring successful brands like Greenwich, Chowking, and Jollibee?
Tony Tan Caktiong
What does Ecopreneurship focus on?
Creating a 'green' business
Which entrepreneur is associated with creating a social enterprise centered around bamboo production?
Jamico Yco Jamlang
What does Imitator Entrepreneurship involve?
Copying or adapting existing business concepts
Which entrepreneur is known for copying Apple's iPhone design for their business?
Bin Lin
What is a crucial characteristic for entrepreneurs when managing people?
Being collaborative
What is one of the key traits that successful entrepreneurs possess according to the text?
Curiosity
Why is being proactive essential for entrepreneurs according to the text?
To address issues before they happen
What do successful entrepreneurs view setbacks as according to the text?
Opportunities to learn and grow
In what way should an entrepreneur approach managing all business aspects?
Be adaptable and multi-skilled
What is a key characteristic that entrepreneurs should possess when developing new market offerings?
Innovation
Explore the concept of Buyer Entrepreneurship, where individuals with substantial capital acquire established companies or merge with smaller businesses. Learn about Tony Tan Caktiong's expertise in acquiring successful brands like Greenwich, Chowking, Red Ribbon, and Mang Inasal.
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