Entrepreneurship 1st Q

It is a French term meaning “to undertake” 

Plays an important role in developing the economy through providing the needed products and services including the solution to the problem of unemployment.

• “Entreprendre”

• “Enterprendra”

• “Enterprendre”

• “Interprendre”

The process of creating enterprise by the entrepreneur. 

It is encouraged by the economy because it can provide a lot of opportunities for employment.

• Entrepreneur

• Entrepreneurship

• Business

• Organization

This means that one of the benefits an entrepreneur gets is to develop his managerial skills.

• DEVELOPMENT OF MANAGERIAL CAPABILITIES

• CREATION OF ORGANIZATION

• IMPROVING STANDARD OF LIVING

• MEANS OF ECONOMIC DEVELOPMENT

What Personality factor means doing things even before being told.

• Initiative

• Proactive

• Problem Solver

• Perseverance

A Personality factor which means which means he can classify opportunities and seize it.

• Persuasion

•  Proactive

• A Planner

• Risk-taker

What relevance of entrepreneur states that because of entrepreneurship many organizations will exist.

• DEVELOPMENT OF MANAGERIAL CAPABILITIES

•  CREATION OF ORGANIZATION

•  IMPROVING STANDARD OF LIVING

• MEANS OF ECONOMIC DEVELOPMENT

Personality factors which means he can retain good relations with other people.

•  Risk-taker

• A Planner

• Problem Solver

• Initiative

A personality factor meaning he will pursue things to get done regardless of challenges.

• Persuasion

• Problem Solver

• Perseverance

• Proactive

This means that entrepreneurship can lift up the economic status of an individual.

• DEVELOPMENT OF MANAGERIAL CAPABILITIES

• CREATION OF ORGANIZATION-

• IMPROVING STANDARD OF LIVING

• MEANS OF ECONOMIC DEVELOPMENT

Which of the following is not included in the Environmental factor?

• climate

• economic

• political

• technical