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Questions and Answers
What is an entrepreneur.
False
Entrepreneurship education is a key driver of the economy.
True
Entrepreneurs are attracted to entrepreneurship simply for the sake of the advantages of starting a business.
True
Entrepreneurship offers the possibility of achieving significant financial rewards.
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Entrepreneurship will transform learners to be innovators.
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Study Notes
Objectives of Entrepreneurship Course
- Essential understanding of key concepts, principles, and competencies in Entrepreneurship.
Benefits to Senior High School Students
- Knowledge of concept adaptation and strategy development for idea generation.
- Skills for evaluating the feasibility of business ideas.
- Exposure to entrepreneurial innovators, inspiring the initiation of personal business ventures.
- Emphasis on the importance of ethical and legal considerations in business practices.
- Ability to create a micro business plan, outlining essential business elements.
Usefulness of the Course to Students
- Skill development geared towards starting a business successfully.
- Capability to maintain business operations for long-term sustainability.
- Increased knowledge of business operations, including potential for expansion.
- Competence in business management and organizational leadership.
- Encouragement towards entrepreneurial roles, positioning students to be employers rather than employees.
- Enhancements in personal and professional attitudes, focusing on communication, problem-solving, self-management, collaboration, creativity, and teamwork skills.
Definition of Entrepreneurship
- Defined as the act of being an entrepreneur, which involves undertaking innovations, financing, and business management aimed at transforming innovations into economic goods.
- Can lead to the formation of new businesses or the revitalization of existing organizations in response to identified opportunities.
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Description
This quiz covers key concepts, principles, and competencies in Entrepreneurship, focusing on idea generation, idea feasibility evaluation, entrepreneurial innovation, ethical and legal business practices, and micro business planning. It is designed to benefit senior high school students by providing practical knowledge and skills for starting their own business ventures.
