Types of Entrepreneurships Quiz

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What is the main focus of Social Entrepreneurs?

Buying out existing small businesses

Supporting big corporate organizations

Pursuing innovative solutions to community-based problems (correct)

Creating fresh ideas for new businesses

How do Serial Entrepreneurs differ from other types of entrepreneurs?

They are not interested in gaining profits

They focus on buying out small businesses

They constantly create fresh ideas and start new businesses (correct)

They work within big corporate organizations

What is the main goal of the Philippine Development Plan (PDP)?

Promote foreign investments over local businesses

Foster innovation and contribute to economic growth (correct)

Support large corporations in the country

Eliminate small businesses to reduce competition

What is the main objective of the Philippine Chamber of Commerce and Industry?

Support local chambers and industry associations of all sizes Signup and view all the answers

What role does Intrapreneurship play in entrepreneurship empowerment?

Empowering individuals within big corporate organizations to innovate Signup and view all the answers

What are the key activities provided by Go Negosyo Communities for entrepreneurship empowerment?

Offering mentorship programs, business summits, and capacity-building activities Signup and view all the answers

What is the key objective of understanding the entrepreneurial mindset?

To enhance skills and open up opportunities Signup and view all the answers

Who can possess an entrepreneurial mind according to the text?

Self-employed individuals and government agencies Signup and view all the answers

What is a characteristic of an entrepreneurial mind?

Specific beliefs, attitudes, and conducive behavior to success Signup and view all the answers

In what way do government agencies contribute to societal challenges?

By initiating innovative projects and programs Signup and view all the answers

What do self-employed individuals like consultants do according to the text?

Create and deliver value through specialized services or products Signup and view all the answers

How can non-profit organizations benefit from an entrepreneurial mindset?

By creating sustainable solutions for social issues Signup and view all the answers

What does the term 'Evaluation' typically communicate?

A judgment on whether an opportunity will receive resources Signup and view all the answers

Which of the following is NOT considered in the self-analysis for entrepreneurship?

Availability of financial resources Signup and view all the answers

What is one of the key aspects to consider when assessing business opportunities according to Module 2?

Applying basic criteria creatively Signup and view all the answers

What should entrepreneurs assess in terms of financial components when evaluating their chances of success?

Assess financing from seller, investors, and lenders Signup and view all the answers

What is the primary role of the Department of Trade and Industry (DTI) in supporting MSMEs?

Screening and evaluating business opportunities Signup and view all the answers

Why is thinking 'out of the box' emphasized in identifying business opportunities?

To come up with original and innovative ideas Signup and view all the answers

Types of Entrepreneurships Quiz

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