TLE 4 [4th Quarter Assessment]

The ability of a person to organize his/her own business.

Entrepreneurship creates job opportunities. New products and services need workers to do the job.

• True

• False

Entrepreneur do not contribute to the economic growth of the country because new industries are introduced which generate employment of workers.

• True

• False

Entrepreneur is not means of livelihood especially to persons who do not have a job.

• True

• False

Entrepreneur fulfills one’s creative drive by introducing something new in terms of products and services and being able to earn profit from it.

• True

• False

The person who uses available resources to create new goods and/or services is called an entrepreneur.

• True

• False

He is the founder of a conglomerate that includes retails, real estates, media, transportation, food manufacturing, banking and finance, telecommunications, petrochemical and others.

She started working as a salesgirl when she was 18 years old and was really good in selling, that is why she became in charge of the store.

In his early twenties, he used to sell American shoes. Then after three years, he was able to have his first Shoe mart store.

He had received several award in the business and the likes. The success of his business is sharing to people what they had achieved. His business had been known to be a happy and hardworking insect.