Podcast
Questions and Answers
Which characteristic associated with an entrepreneurial mind-set focuses on well-informed decision-making in uncertain situations?
Which characteristic associated with an entrepreneurial mind-set focuses on well-informed decision-making in uncertain situations?
- Determination and Perseverance
- High Energy Level
- Tolerance for Ambiguity (correct)
- Drive to Achieve
What is a defining feature of a Micro Enterprise in the Philippines?
What is a defining feature of a Micro Enterprise in the Philippines?
- Employs between 50 and 100 people
- Operates larger than Small Enterprises
- Part of the manufacturing sectors only
- Below a certain size with a limited employee count (correct)
Which classification of MSME in the Philippines is based on the kind of production performed?
Which classification of MSME in the Philippines is based on the kind of production performed?
- Ownership-Based Classification
- Market-Based Classification
- Industry-Based Classification (correct)
- Capital-Based Classification
Which of the following is considered a challenge of entrepreneurship?
Which of the following is considered a challenge of entrepreneurship?
What type of manufacturing production focuses on customer-specific orders?
What type of manufacturing production focuses on customer-specific orders?
Which characteristic is most associated with an entrepreneur’s ability to face challenging situations?
Which characteristic is most associated with an entrepreneur’s ability to face challenging situations?
What is a key trait that distinguishes entrepreneurs regarding their approach to risk?
What is a key trait that distinguishes entrepreneurs regarding their approach to risk?
Which of the following is a common challenge faced by entrepreneurs?
Which of the following is a common challenge faced by entrepreneurs?
What type of enterprise typically has a total asset limit of 3 million or less?
What type of enterprise typically has a total asset limit of 3 million or less?
Which behavioral aspect reflects an entrepreneur's belief in their own abilities?
Which behavioral aspect reflects an entrepreneur's belief in their own abilities?
Flashcards
Internal Locus of Control
Internal Locus of Control
The belief that you control your own success, not outside factors.
Calculated Risk-Taking
Calculated Risk-Taking
An entrepreneur is willing to take measured risks to reach their goals, but they don't gamble.
Manufacturing
Manufacturing
A business that involves creating or producing goods.
Make to Assemble
Make to Assemble
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Capital-Based Classification
Capital-Based Classification
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Entrepreneurial Mindset
Entrepreneurial Mindset
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Tolerance for Ambiguity
Tolerance for Ambiguity
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Seeking Feedback
Seeking Feedback
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Service-based SME
Service-based SME
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Agribusiness
Agribusiness
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