ENTREPRENEURSHIP Evaluation 1

They are the founders and builders of enterprises and businesses, are the often called the new heroes.

• Managers

• Entrepreneurs

• Businessmen

The ability to be able to know what products and services needed by people

(Type your answer in ALL CAPS)

The roots of entrepreneurships

• Capital

• Profit

• Capitalism

It means absolutely no intervention of the government in industry and business.

• Laissez-faire

• Free Economy

• Industrialization

The term entrepreneur is often traced to the French words __________, or “one who undertakes”, which can be translated as “manager”.

• Entreprende

• Entreprendre

• Entreprend

The unique set of traits and characteristics that make up a person

• Personality

• Character

• Characteristics

He is the “Father of Philippine Retail”

• Henry Sy

• Marco Polo

• Adam Smith

He described how the entrepreneur is involved in the exchange of goods for money

• Adam Smith

• John Baptiste Say

• Richard Cantillon

The following are examples of underdeveloped country except ______________.

• Palestine

• Ethiopia

• Zimbabwe

It is a comparative measure of life expectancy, literacy, education, and standard of living for countries worldwide.

• HDI

• MDG

• IMF