PSY111_ENTREPRENEURSHIP

Which of the following refers to the economic activity of a person who starts, manages, and assumes risk of a business enterprise?

• Entrepreneurship

• Business Negotiations

• Corporation Deals

• Start-up Preparation

Which among the following statements is correct?

• A businessman focuses on innovations, employee, customer, and public.

• The risk factor of an entrepreneur is approximately higher compared to businessman.

• An entrepreneur only focuses on making profits.

• The person who undertakes entrepreneurial activities is called a businessman.

True or False:

Here in the Philippines, the government sees entrepreneurship as the sole means to address the poverty problem. Hence, entrepreneurial ventures are really being encouraged.

• True

• False

The following are types of entrepreneurship EXCEPT:

• Entrepreneurs Inside

• Intrapreneurship

• Family Business

• Predictive Approach

True or False:

Innovation is defined as the introduction of a new method, procedure, device, etc.

• True

• False

The following are examples of successful innovation EXCEPT:

• Cellular phones used as a way of communication.

• Karaoke appliance used by people for entertainment.

• The use of computers by architects in designing buildings.

• The use of mechanical typewriters by authors in writing novels.

True or False:

According to the lesson, there are 6 important skills of an entrepreneur.

• True

• False

True or False:

According to the skill of play, entrepreneurs may try more serious educational games such as simulations and reality games to challenge their creativity.

• True

• False

True or False:

According to the skill of experimentation, entrepreneurs may try having empathy to help them in having a meaningful relationship with stakeholders.

• True

• False

Which of the following refers to being sympathetic with the feeling, situation, purposes, opinions, and wants of other people?

• Melancholy

• Apathy

• Sympathy

• Empathy