18 Questions
Entrepreneurship is the ability and readiness to develop, organize, and run a business enterprise, along with any of its uncertainties in order to make a ______
profit
An entrepreneur is defined as someone who has the ability and desire to establish, administer, and succeed in a startup venture along with the risk entitled to it, to make ______
profits
Small Business Entrepreneurship examples include hairdresser, grocery store, travel agent, consultant, carpenter, plumber, ______, etc.
electrician
Scalable Startup Entrepreneurship focuses on starting a business knowing that their vision can change the ______
world
Social Entrepreneurship focuses on producing products and services that resolve social needs and ______
problems
Skills all entrepreneurs need include finance skills, networking, speaking confidently, accepting and acting on feedback, and maintaining a growth ______
mindset
Angel investors provide capital to startups in exchange for ownership ______ or convertible debt.
equity
Sole Proprietorship is managed by a single ______.
person
Partnership is an association of two or more business ______.
partners
Corporation is an artificial being, invisible, intangible, and exists only in contemplation of ______.
law
Cooperative is a duly registered association of persons, with a common bond of ______.
interest
Venture capital is raised when investors pool their ______.
money
Ideation is the creative process of ______ important characteristics that should possessed by an individual in order to perform entrepreneurial
generating new ideas
Henry Sy: The founder of ______ functions effectively. SM Group
Assessing your personal entrepreneurial
Commitment - tolerate uncertainties and situation that has no guarantee. 2. ______ Seeking - weaponize any circumstance
Opportunity
Lance Gokongwei: The president and CEO of Cebu Pacific accomplishing things in a very timely manner. 2. ______-taking
Risk
Charmaine Lim-Maguad: The CEO of Uratex Philippines Susan Shapiat: The cofounder of Mercury Drug Jeff Bezos (United States): Founded Amazon Requirements for ______
registration
Mayor’s Permit Brgy. ______
markets
Test your knowledge on the different types of entrepreneurship, including small business entrepreneurship. Learn about various startup ventures like hairdressing, grocery stores, consulting, and more.
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