Entrepreneurship Concepts Quiz

To be a successful ______, one must be curious about new knowledge and have the desire to explore the unknown.

The journey of an entrepreneur is often filled with ______, hard work, sacrifices, and setbacks.

______ is a driving force behind societal development and improvement.

Entrepreneurs can influence the world and shape the future by creating ______ ideas and goods.

One essential role of entrepreneurship is ______ creation.

Entrepreneurial businesses drive ______ growth by expanding operations and investing in technology.

The path to ______ is often fraught with challenges.

Entrepreneurs often bring new ideas and products that change how people ______.

In the past, starting a business was ______ due to limited understanding of product creation.

Entrepreneurship can lead to the emergence of new ______ and the provision of better goods and services.

The word "entrepreneur" comes from the French word "______", meaning "to undertake."

During the Middle Ages, traveling merchants and artisans were known as "______" who specialized in a particular trade.

The modern definition of entrepreneurship emphasizes creating, organizing, and operating a new business venture to generate ______ while taking on financial risk.

Entrepreneurs are people who take on the risks and challenges of starting new ______ .

Entrepreneurs often introduce new goods, services, or concepts to the market to make a ______ .

In his book "The Entrepreneur's Guide to Building a Successful Business", Jonathan Scott emphasizes the ______ of owning a business.

A social enterprise aims to solve global issues by promoting and enhancing ______ production.

Globe, a telecommunications company in the Philippines, has partnered with ______ and Ant Financial to offer financial services.

Bin Lin, co-founder of ______, is an example of an imitator entrepreneur.

A ______ startup aims to scale quickly, becoming highly profitable and potentially expanding into a large corporation.

Critics attribute Xiaomi's success to China's weak laws protecting ______ property.

Kumu, a social entertainment app popular in the Philippines, was founded and is headed by ______.

______ involves taking risks and innovating within a company or organization.

Kumu has gained over ______ million registered users and over 2 million monthly active users.

Paul Buchheit's Gmail project started as a ______ email service.

A ______ business is characterized by its smaller scale and limited employee count, often being run by a single person or a small team.

______ is a micropreneur who gained nationwide recognition through her successful live selling of pre-owned clothes.

Large business entrepreneurship involves taking calculated risks to develop new market offerings to remain ______.

Ernest Cua owns ______, a major telecommunications company in the Philippines.

Single-location restaurants, small grocery shops, and retail stores are examples of ______ entrepreneurship.

Globe Telecom has a long history in the ______ industry.

______ entrepreneurship focuses on developing innovative solutions to address social issues.

Bryan Benitez McClelland is an active ______ Consultant at GawadKalinga.

Bambike manufactures handmade ______ bicycles.

Technopreneurship combines entrepreneurial skills and ______.

Diosdado Banatao developed the first 10-Mbit Ethernet CMOS with silicone coupler data-link control and ______ chip.

SMMEs are any business activity or enterprise engaged in industry, ______, and services.

A ______ enterprise has a capital requirement of less than P50,000.

One of the initial obstacles entrepreneurs face is determining the ______ structure.

Knowing who owns the business and their rights and responsibilities can significantly impact the ______ and actions taken as an entrepreneur.

Entrepreneurs must be ______ and multi-skilled.

Entrepreneurs embrace ______ and never give up easily.

Entrepreneurs who succeed possess a relentless ______ that drives them to constantly explore novel concepts.

______ motivation refers to an entrepreneur's drive to continue engaging in entrepreneurial activities.

______ Motivation is about motivating individuals to complete a task by offering rewards.

______ motivation is when people do the task at hand because they are passionate about the business.

The ______ motive involves a strong drive to succeed, achieve greatness, and overcome challenges.

Entrepreneurial behavior can encompass a variety of actions, such as taking risks, identifying new ______, and pursuing innovation.