Podcast
Questions and Answers
What is entrepreneurship primarily focused on?
What is entrepreneurship primarily focused on?
In what areas do entrepreneurs innovate to gain competitive advantage?
In what areas do entrepreneurs innovate to gain competitive advantage?
How is entrepreneurial innovation typically understood by entrepreneurs?
How is entrepreneurial innovation typically understood by entrepreneurs?
What role has entrepreneurship played in the economic development of the global marketplace?
What role has entrepreneurship played in the economic development of the global marketplace?
Signup and view all the answers
What is the main focus of the factors discussed in the text?
What is the main focus of the factors discussed in the text?
Signup and view all the answers
Which phrase best defines entrepreneurship?
Which phrase best defines entrepreneurship?
Signup and view all the answers
Which factor is NOT mentioned as a potential advantage of the Philippines as a business location?
Which factor is NOT mentioned as a potential advantage of the Philippines as a business location?
Signup and view all the answers
What do entrepreneurs need to search purposefully for to achieve successful innovation?
What do entrepreneurs need to search purposefully for to achieve successful innovation?
Signup and view all the answers
What type of businesses are classified as small businesses in the text?
What type of businesses are classified as small businesses in the text?
Signup and view all the answers
Which factor might pose a risk to businesses operating in the Philippines based on the text?
Which factor might pose a risk to businesses operating in the Philippines based on the text?
Signup and view all the answers
Why are small businesses important according to the text?
Why are small businesses important according to the text?
Signup and view all the answers
Which of the following is NOT considered as a factor influencing organizational structure according to the text?
Which of the following is NOT considered as a factor influencing organizational structure according to the text?
Signup and view all the answers
What is a key advantage of small businesses mentioned in the text?
What is a key advantage of small businesses mentioned in the text?
Signup and view all the answers
How do small businesses benefit the area where they are based, according to the text?
How do small businesses benefit the area where they are based, according to the text?
Signup and view all the answers
What makes small businesses more adaptable to changing economic climates, as mentioned in the text?
What makes small businesses more adaptable to changing economic climates, as mentioned in the text?
Signup and view all the answers
Why do many consumers tend to support local favorites during economic downturns, according to the text?
Why do many consumers tend to support local favorites during economic downturns, according to the text?
Signup and view all the answers
How does customer loyalty differ between small businesses and larger companies, based on the text?
How does customer loyalty differ between small businesses and larger companies, based on the text?
Signup and view all the answers
According to Drucker (1985), how should innovation be viewed?
According to Drucker (1985), how should innovation be viewed?
Signup and view all the answers
What are some impacts of entrepreneurship on the economy?
What are some impacts of entrepreneurship on the economy?
Signup and view all the answers
What contributes to the Philippines' economic dynamism?
What contributes to the Philippines' economic dynamism?
Signup and view all the answers
Which sector in the Philippines has notable performance according to the text?
Which sector in the Philippines has notable performance according to the text?
Signup and view all the answers
What makes the Philippines an attractive location for Western businesses looking to establish operations in Asia?
What makes the Philippines an attractive location for Western businesses looking to establish operations in Asia?
Signup and view all the answers
How do great entrepreneurs impact society according to the text?
How do great entrepreneurs impact society according to the text?
Signup and view all the answers