Podcast
Questions and Answers
What type of resources do entrepreneurs leverage according to the Resource-based Theory?
What type of resources do entrepreneurs leverage according to the Resource-based Theory?
- Marketing resources
- Physical resources only
- Social networks and information (correct)
- Financial resources only
According to Julian Rotter's Locus of Control Theory, what does 'Locus of Control' refer to?
According to Julian Rotter's Locus of Control Theory, what does 'Locus of Control' refer to?
- The location of the business
- The technology used in the business
- The individual's perception of the causes of events in their life (correct)
- The financial control of the entrepreneur
Which theory focuses on the mental and emotional elements that drive entrepreneurial individuals?
Which theory focuses on the mental and emotional elements that drive entrepreneurial individuals?
- Resource-based Theory
- Industrial Policy Theory
- Economic Theory of Entrepreneurship
- Psychological Theory of Entrepreneurship (correct)
What do individuals with a strong internal locus of control believe?
What do individuals with a strong internal locus of control believe?
What other than physical resources might entrepreneurs leverage to get entrepreneurial efforts off the ground?
What other than physical resources might entrepreneurs leverage to get entrepreneurial efforts off the ground?
'Personality traits ranging from creativity and resilience to optimism' driving entrepreneurial behavior is suggested by which theory?
'Personality traits ranging from creativity and resilience to optimism' driving entrepreneurial behavior is suggested by which theory?
What is the Opportunity-Based Theory of Entrepreneurship anchored on?
What is the Opportunity-Based Theory of Entrepreneurship anchored on?
How is opportunity-based entrepreneurship defined?
How is opportunity-based entrepreneurship defined?
Who are entrepreneurs?
Who are entrepreneurs?
How is the entrepreneur described in the text?
How is the entrepreneur described in the text?
What drives opportunity-based entrepreneurs to initiate venture activity?
What drives opportunity-based entrepreneurs to initiate venture activity?
When do entrepreneurs work, according to the text?
When do entrepreneurs work, according to the text?
What does the definition of entrepreneurship according to Fajardo (2009) imply?
What does the definition of entrepreneurship according to Fajardo (2009) imply?
Which theory introduced the concept of entrepreneurs as risk-takers?
Which theory introduced the concept of entrepreneurs as risk-takers?
What do economic theories of entrepreneurship often fail to recognize according to the text?
What do economic theories of entrepreneurship often fail to recognize according to the text?
According to Dontigney (2018), what motivates entrepreneurial activities?
According to Dontigney (2018), what motivates entrepreneurial activities?
What is a key aspect of entrepreneurship based on the provided text?
What is a key aspect of entrepreneurship based on the provided text?
What role does innovation play in entrepreneurship?
What role does innovation play in entrepreneurship?
What drives the entrepreneur to exploit opportunities for profit?
What drives the entrepreneur to exploit opportunities for profit?
What characteristic makes the entrepreneur goal-driven?
What characteristic makes the entrepreneur goal-driven?
What is the key factor that propels the entrepreneur to take opportunities for profit?
What is the key factor that propels the entrepreneur to take opportunities for profit?
How does the entrepreneur ensure people work effectively in the enterprise?
How does the entrepreneur ensure people work effectively in the enterprise?
What role does marketing play for the entrepreneur?
What role does marketing play for the entrepreneur?
What does the entrepreneur do to make customers aware of the superiority of his product or service?
What does the entrepreneur do to make customers aware of the superiority of his product or service?
What is a significant factor contributing to the slow development of entrepreneurial activity in the Philippines?
What is a significant factor contributing to the slow development of entrepreneurial activity in the Philippines?
What does the text suggest about the Filipino concept of owning a small business?
What does the text suggest about the Filipino concept of owning a small business?
What key trait does an entrepreneur exhibit according to the text?
What key trait does an entrepreneur exhibit according to the text?
How does an entrepreneur typically start operations according to the text?
How does an entrepreneur typically start operations according to the text?
Why is the development of administrative machinery important for entrepreneurship?
Why is the development of administrative machinery important for entrepreneurship?
What role do talents and ambitions play in entrepreneurship according to the text?
What role do talents and ambitions play in entrepreneurship according to the text?
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