Podcast
Questions and Answers
What is the main purpose of promoting a peaceful and loving community?
What is the main purpose of promoting a peaceful and loving community?
- To increase competitiveness
- To have favorable economic ratings
- To encourage entrepreneurship (correct)
- To facilitate the flow of money
How does entrepreneurship help in the economic recovery process of the Philippines?
How does entrepreneurship help in the economic recovery process of the Philippines?
- It facilitates the smooth flow of money in the local market
- It assists the national government in getting favorable economic ratings
- It encourages competitiveness and challenges entrepreneurs to improve their products and services
- It helps find an entrepreneurial niche in the world market (correct)
What is the main difference between an entrepreneur and the owner of an ordinary small business?
What is the main difference between an entrepreneur and the owner of an ordinary small business?
- Entrepreneurs aim to have favorable economic ratings, while small business owners do not
- Entrepreneurs focus on improving their products and services, while small business owners do not
- Entrepreneurs operate in the global market, while small business owners operate only in the local market
- Entrepreneurs open businesses even when there are no opportunities, while small business owners open businesses only when there are opportunities (correct)
Which of the following is NOT a part of the physical environment that can be a source of entrepreneurial ideas?
Which of the following is NOT a part of the physical environment that can be a source of entrepreneurial ideas?
Which of the following societal environment forces can be a source of entrepreneurial ideas?
Which of the following societal environment forces can be a source of entrepreneurial ideas?
What is the basic need that an entrepreneur must fulfill in order to establish a successful business?
What is the basic need that an entrepreneur must fulfill in order to establish a successful business?
Which of the following is NOT a form of innovation introduced by entrepreneurs according to the text?
Which of the following is NOT a form of innovation introduced by entrepreneurs according to the text?
Whose theory emphasized the role of government in entrepreneurial and economic development during times of economic depression?
Whose theory emphasized the role of government in entrepreneurial and economic development during times of economic depression?
Which book introduced Alfred Marshall's entrepreneurship theory?
Which book introduced Alfred Marshall's entrepreneurship theory?
According to Alfred Marshall's theory, what is the coordinating element among the factors of production (land, labor, capital)?
According to Alfred Marshall's theory, what is the coordinating element among the factors of production (land, labor, capital)?
What is the primary role of the entrepreneur according to the text?
What is the primary role of the entrepreneur according to the text?
Which of the following statements is NOT true according to the Keynesian theory?
Which of the following statements is NOT true according to the Keynesian theory?
What is corporate entrepreneurship?
What is corporate entrepreneurship?
What is the primary focus of this text?
What is the primary focus of this text?
Why does entrepreneurship impact a wide range of areas in the Philippines?
Why does entrepreneurship impact a wide range of areas in the Philippines?
What role does entrepreneurship play in the improvement of Filipino lives?
What role does entrepreneurship play in the improvement of Filipino lives?
How does entrepreneurship benefit the local community?
How does entrepreneurship benefit the local community?
Why are the listed contributions of entrepreneurship not exhaustive?
Why are the listed contributions of entrepreneurship not exhaustive?
Which of the following is NOT part of the industry environment of a business?
Which of the following is NOT part of the industry environment of a business?
Which of the following is NOT considered a cognitive skill for an entrepreneur?
Which of the following is NOT considered a cognitive skill for an entrepreneur?
What is the first step in the scientific approach to solving business problems?
What is the first step in the scientific approach to solving business problems?
Which of the following is NOT a source of skills mentioned in the text?
Which of the following is NOT a source of skills mentioned in the text?
What does the term 'entrepreneurial skills' refer to?
What does the term 'entrepreneurial skills' refer to?
Why is problem-solving skill important for entrepreneurs?
Why is problem-solving skill important for entrepreneurs?
What should be written at the center of the first page of the general journal?
What should be written at the center of the first page of the general journal?
Where should the page number be written in the general journal?
Where should the page number be written in the general journal?
What should be written for the date in the general journal?
What should be written for the date in the general journal?
How should the debit and credit account titles be written in the general journal?
How should the debit and credit account titles be written in the general journal?
What should be done when recording the amount in the general journal?
What should be done when recording the amount in the general journal?
What is the purpose of account titles in the general journal?
What is the purpose of account titles in the general journal?
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