Podcast
Questions and Answers
What is the main goal of the Philippine Development Plan (PDP) in relation to entrepreneurship?
What is the main goal of the Philippine Development Plan (PDP) in relation to entrepreneurship?
- Reducing competition policies in the country
- Fostering innovation and contributing to economic growth (correct)
- Encouraging entrepreneurship in urban areas only
- Discouraging small businesses from expanding
How does a franchise differ from buying a small business?
How does a franchise differ from buying a small business?
- Buying a small business does not involve a transfer of ownership.
- A franchise involves purchasing a license from an existing branded business. (correct)
- In a franchise, the entrepreneur partners with an existing business owner.
- Buying a small business requires the entrepreneur to develop a unique business model.
What is one way in which social entrepreneurs contribute to society?
What is one way in which social entrepreneurs contribute to society?
- By avoiding partnerships with other businesses
- By focusing solely on maximizing profits
- By neglecting the needs of the community
- By pursuing innovative solutions to community-based problems (correct)
What is one common characteristic of serial entrepreneurs?
What is one common characteristic of serial entrepreneurs?
Which organization in the Philippines provides support for the startup ecosystem and aims at empowering small businesses?
Which organization in the Philippines provides support for the startup ecosystem and aims at empowering small businesses?
What does Oprah Winfrey's company Harpo Productions, Inc. mainly focus on?
What does Oprah Winfrey's company Harpo Productions, Inc. mainly focus on?
What is one focus area of the Philippine Chamber of Commerce and Industry?
What is one focus area of the Philippine Chamber of Commerce and Industry?
What distinguishes social entrepreneurs from traditional entrepreneurs?
What distinguishes social entrepreneurs from traditional entrepreneurs?
What is one key aspect emphasized by Go Negosyo Communities in its programs?
What is one key aspect emphasized by Go Negosyo Communities in its programs?
What is an essential goal of entrepreneurship in a developing country like the Philippines?
What is an essential goal of entrepreneurship in a developing country like the Philippines?
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