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Types of Entrepreneurship Quiz
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Types of Entrepreneurship Quiz

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Questions and Answers

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 ______

<p>world</p> Signup and view all the answers

Social Entrepreneurship focuses on producing products and services that resolve social needs and ______

<p>problems</p> Signup and view all the answers

Skills all entrepreneurs need include finance skills, networking, speaking confidently, accepting and acting on feedback, and maintaining a growth ______

<p>mindset</p> Signup and view all the answers

Angel investors provide capital to startups in exchange for ownership ______ or convertible debt.

<p>equity</p> Signup and view all the answers

Sole Proprietorship is managed by a single ______.

<p>person</p> Signup and view all the answers

Partnership is an association of two or more business ______.

<p>partners</p> Signup and view all the answers

Corporation is an artificial being, invisible, intangible, and exists only in contemplation of ______.

<p>law</p> Signup and view all the answers

Cooperative is a duly registered association of persons, with a common bond of ______.

<p>interest</p> Signup and view all the answers

Venture capital is raised when investors pool their ______.

<p>money</p> Signup and view all the answers

Ideation is the creative process of ______ important characteristics that should possessed by an individual in order to perform entrepreneurial

<p>generating new ideas</p> Signup and view all the answers

Henry Sy: The founder of ______ functions effectively. SM Group

<p>Assessing your personal entrepreneurial</p> Signup and view all the answers

Commitment - tolerate uncertainties and situation that has no guarantee. 2. ______ Seeking - weaponize any circumstance

<p>Opportunity</p> Signup and view all the answers

Lance Gokongwei: The president and CEO of Cebu Pacific accomplishing things in a very timely manner. 2. ______-taking

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

Charmaine Lim-Maguad: The CEO of Uratex Philippines Susan Shapiat: The cofounder of Mercury Drug Jeff Bezos (United States): Founded Amazon Requirements for ______

<p>registration</p> Signup and view all the answers

Mayor’s Permit Brgy. ______

<p>markets</p> Signup and view all the answers

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