ENTREPRENEURSHIP PRELIMINARY Examination

It is a process of creating, launching and establishing a business in order to gain profit

• Entrepreneur

• Entreprenuership

• Entrepreners

• Entrepreneurship

Refers to their "means of securing the basic necessities

(food, water, shelter and clothing) of life"

• Needs

• Livelihood

• Psychological needs

• Wants

Related to the differences between groups of people

caused mainly by their financial situation.

• Socio-Economic

• Economy

• Business Venture

• Social Change

Refers to the act of creating a business or businesses

while building and scaling it to generate a profit.

• Business Venture

• Entrepreneurship

• Business

• Entrepreneurs

Refers to any significant alteration over time in behavior

patterns and cultural values and norms.

• Socio-economic

• Relevance

• Social Change

• Organizational culture

It is an important driver in the of economic growth and Innovation

• ENTREPRENEURS

• ENTREPRENEURSHIP

Choices are importance of ENTREPRENEURSHIP , EXCEPT:

• ENTREPRENEURSHIP creates job

• ENTREPRENEURSHIP innovates

• ENTREPRENEURSHIP give to society

• ENTREPRENEURSHIP helps fixer

Who acts as a coordinating agent in a capitalist economy?

• Manager

• Finance Officer

• Broker

• Entrepreneur

Which of the following words is not associated with entrepreneur?

• innovative

• impulsive

• Creative

• collaborative

Involves sale or lease of any product, service, equipment,

etc. that will enable the purchaser-licensee to begin a

business.

• Business Venture

• Business

  Opportunity

• Business

  Innovation

• Entrepreneurship