Podcast
Questions and Answers
What is the meaning of the word 'entrepreneur'?
What is the meaning of the word 'entrepreneur'?
- Someone who only undertakes to manage a business
- Someone who organizes and assumes the risks of a business (correct)
- Someone who only assumes the risks of a business
- Someone who manages a business but doesn't assume risks
What is the main objective of Republic Act No 10679?
What is the main objective of Republic Act No 10679?
- To encourage young Filipinos to pursue higher education
- To promote employment opportunities for young Filipinos
- To promote entrepreneurship and financial education among Filipino youth (correct)
- To provide subsidies for existing Filipino businesses
Who coined the term 'entrepreneur'?
Who coined the term 'entrepreneur'?
- Richard Cantillon (correct)
- Adam Smith
- Karl Marx
- John Stuart Mill
What is entrepreneurship?
What is entrepreneurship?
What is the purpose of the Act promoting entrepreneurship and financial education among Filipino youth?
What is the purpose of the Act promoting entrepreneurship and financial education among Filipino youth?
What is the origin of the word 'entrepreneur'?
What is the origin of the word 'entrepreneur'?
What does entrepreneurship refer to?
What does entrepreneurship refer to?
What are the three primary reasons that people become entrepreneurs and start their own business?
What are the three primary reasons that people become entrepreneurs and start their own business?
What is one of the essential components of entrepreneurship?
What is one of the essential components of entrepreneurship?
What is the importance of entrepreneurship to the Filipino people?
What is the importance of entrepreneurship to the Filipino people?
What is one of the myths of entrepreneurship?
What is one of the myths of entrepreneurship?
What is the flow of entrepreneurial benefits in the Philippines?
What is the flow of entrepreneurial benefits in the Philippines?
What does recitation question about entrepreneurial principles imply?
What does recitation question about entrepreneurial principles imply?
What is the contribution of entrepreneurship to the Philippine economy?
What is the contribution of entrepreneurship to the Philippine economy?
What is one of the compounded benefits of entrepreneurship for the local community?
What is one of the compounded benefits of entrepreneurship for the local community?
What is one of the primary reasons that people become entrepreneurs?
What is one of the primary reasons that people become entrepreneurs?
Entrepreneurship is a mindset.
Entrepreneurship is a mindset.
Republic Act No 10679 promotes entrepreneurship and financial education among Filipino youth.
Republic Act No 10679 promotes entrepreneurship and financial education among Filipino youth.
The word 'entrepreneur' is derived from the French word 'entreprise.'
The word 'entrepreneur' is derived from the French word 'entreprise.'
Richard Cantillon, a French economist, coined the term 'entrepreneur'.
Richard Cantillon, a French economist, coined the term 'entrepreneur'.
There is a single, universally accepted definition of an entrepreneur.
There is a single, universally accepted definition of an entrepreneur.
The government intends to change the mindset of Filipinos from wanting to be employees to being business owners through Republic Act No 10679.
The government intends to change the mindset of Filipinos from wanting to be employees to being business owners through Republic Act No 10679.
Entrepreneurship only involves seeking opportunities and taking risks.
Entrepreneurship only involves seeking opportunities and taking risks.
Entrepreneurship refers to an individual's ability to turn ideas into action.
Entrepreneurship refers to an individual's ability to turn ideas into action.
One of the essential components of entrepreneurship is the unwillingness to take calculated risks.
One of the essential components of entrepreneurship is the unwillingness to take calculated risks.
One of the primary reasons that people become entrepreneurs is the desire to work for someone else.
One of the primary reasons that people become entrepreneurs is the desire to work for someone else.
Entrepreneurship provides employment in the local community.
Entrepreneurship provides employment in the local community.
Entrepreneurship encourages competitiveness and challenges entrepreneurs to keep improving their products and services.
Entrepreneurship encourages competitiveness and challenges entrepreneurs to keep improving their products and services.
Recitation questions imply that entrepreneurial principles cannot provide assurance of becoming a successful entrepreneur.
Recitation questions imply that entrepreneurial principles cannot provide assurance of becoming a successful entrepreneur.
Entrepreneurs are only doers and not thinkers, according to the myths of entrepreneurship.
Entrepreneurs are only doers and not thinkers, according to the myths of entrepreneurship.
Entrepreneurship helps make Filipino lives happy, fruitful, and successful.
Entrepreneurship helps make Filipino lives happy, fruitful, and successful.
The ability to plan and manage projects is not included in entrepreneurship.
The ability to plan and manage projects is not included in entrepreneurship.
