24 Questions
What impact did Ford's moving assembly line method of production have on the American economy?
Lowered manufacturing costs
What event led to Steve Jobs' decision to go to India to experience Buddhism?
A personal crisis
How many siblings did Henry Ford have?
Eight
What was Henry Ford's occupation before founding Ford Motor Company?
Mechanic
In which year did Steve Jobs help launch Apple?
1976
What was the first product introduced by Apple after its founding?
Apple I
What was the reason for Apple's board of directors ousting Steve Jobs in 1985?
Jobs clashed with the executive John Scully
How did Steve Jobs contribute to the transformation of Apple upon his return in the late 1990s?
Revamped the company and introduced the iPod, iPhone, and iPad
Which company did Steve Jobs found after leaving Apple in 1985?
NeXT
How did Steve Jobs' investments in animation and technology impact his career trajectory?
Brought him back to Apple through NeXT
What major products did Steve Jobs introduce during his tenure at Apple in the late 1990s and early 2000s?
iPod, iPhone, and iPad
What was the role of John Scully at Apple during Steve Jobs' tenure?
Executive added to Apple in 1983 who later clashed with Jobs
What quality is essential for taking initiative when faced with difficult situations?
Flexibility and adaptability
In the context of entrepreneurship, what trait involves being willing to take calculated risks?
Ready to learn from mistakes
Which characteristic suggests a potential for entrepreneurship?
Enjoying being in charge
What is crucial for inclusive economic growth in developing economies through entrepreneurship?
Creating employment opportunities
How does studying entrepreneurship benefit the Philippine economic development?
By fostering a culture of initiative and business growth
Based on the text, which of the following best defines an entrepreneur?
An individual who creates and/or invests in businesses, handling most risks and rewards.
What distinguishes an entrepreneur from entrepreneurship?
The individual person vs. the broader concept
What is the main function of entrepreneurship according to the text?
To create employment opportunities and nurture innovation.
Which of the following is NOT listed as an importance of entrepreneurship?
Discourage investigation and research.
From the questions asked by potential entrepreneurs, which one focuses on personal characteristics?
Question 6: Do I use the skills, capabilities, and hobbies that I have now?
Which activity is not relevant to assessing one's readiness as an entrepreneur?
Offering products that people want to buy.
What aspect of entrepreneurship is highlighted in the questions asked by potential entrepreneurs?
Personal readiness and resource assessment.
Test your knowledge on the importance of entrepreneurship, including its role in nurturing innovation, contributing to the production of new products, and encouraging investigation and research. Explore the significance of entrepreneurship in creating and investing in businesses.
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