Entrepreneurship Interview Review by CBAE College Monitoring Committee

This interview review discusses the importance of innovation and creativity in entrepreneurship. It highlights that while inventing new things can be beneficial, it is not the primary requirement for success in entrepreneurship.

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@LightHeartedVanadium

Questions and Answers

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What is the main focus of the document?

Entrepreneurship education

Which chapter is likely to cover material related to personal characteristics of entrepreneurs?

Chapter III

What is one of the common topics explored in the document?

Evolution of entrepreneurship

Which section might discuss tools used by entrepreneurs?

<p>Chapter III</p> Signup and view all the answers

What type of content might be found in the 'Self-Help' section?

<p>Guidance on becoming an entrepreneur</p> Signup and view all the answers

Which section would be most likely to discuss product ideation?

<p>Chapter IV</p> Signup and view all the answers

How does entrepreneurship impact society?

<p>By creating social change and replacing obsolete products.</p> Signup and view all the answers

What is one way in which Micro Small Medium Enterprises (MSMEs) benefit a country?

<p>By creating employment and adding to the national income.</p> Signup and view all the answers

How does entrepreneurship help address poverty and food hunger?

<p>By stimulating demand and providing employment.</p> Signup and view all the answers

What motivates entrepreneurs according to the text?

<p>Curiosity and willingness to take risks.</p> Signup and view all the answers

What is the impact of entrepreneurship on traditional products and services?

<p>They are replaced by new and sophisticated products and services.</p> Signup and view all the answers

How does entrepreneurship contribute to community development?

<p>By creating new opportunities and solutions for communities.</p> Signup and view all the answers

What is the fifth part of the process mentioned in the text?

<p>Build competent human resource</p> Signup and view all the answers

What does it mean for an entrepreneur to be 'objective' when analyzing data?

<p>Being guided by facts, reasons, and viability of ideas</p> Signup and view all the answers

Why should entrepreneurs collaborate with people having industry experience according to the text?

<p>To help in each step of the business way</p> Signup and view all the answers

What role do flexible and competent human resources play in a venture?

<p>They help in improvising, strategizing, and advising</p> Signup and view all the answers

Why is it important for entrepreneurs to analyze and verify the collected data?

<p>To draw conclusions about the worthiness of pursuing ideas</p> Signup and view all the answers

What should an entrepreneur do if the data collected does not support pursuing their ideas?

<p>Look for other opportunities or places to flourish</p> Signup and view all the answers

Who prepared the module for GE 11: Entrepreneurial Mind?

<p>Reil S.Romero and Adriane John P.Luncido</p> Signup and view all the answers

Which floor is the College of Business Administration Education located on?

<p>2nd Floor</p> Signup and view all the answers

What is the task number related to in the text?

<p>Risk Tolerance Measurement</p> Signup and view all the answers

Which contact information is NOT provided for the College of Business Administration Education?

<p>Email: <a href="mailto:[email protected]">[email protected]</a></p> Signup and view all the answers

Who reviewed the module for GE 11: Entrepreneurial Mind according to the text?

<p>CBAE College Monitoring Committee</p> Signup and view all the answers

What is entrepreneurship primarily about?

<p>Solving problems or addressing needs</p> Signup and view all the answers

What is a key requirement for success in entrepreneurship?

<p>Solving a problem or addressing a need</p> Signup and view all the answers

What approach do majority of entrepreneurs take according to the text?

<p>Utilizing what is already available and applying innovation</p> Signup and view all the answers

What is emphasized as a key attitude for aspiring entrepreneurs?

<p>Believing in their capabilities and aspirations</p> Signup and view all the answers

What does the text suggest as a requirement to experience the joys of entrepreneurship?

<p>Believing in oneself and implementing plans</p> Signup and view all the answers

Based on the text, what is the role of innovation in entrepreneurship?

<p>To improve upon existing resources through creativity</p> Signup and view all the answers

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