ENTREP 12.1 Prelims Reviewer

"having profits from bearing unnecessary risk"

a definition of Entrepreneurship by whom?

"Carrying out new combinations of firm organization –new products, new services, new sources of raw material, new methods of production, new markets, new forms of organization",

a definition of Entrepreneurship by whom?

"decisions and judgements about the coordination of scarce resources",

a definition of entrepreneurship by whom?

(IOR3)

Enumerate the "I" of the elements of entrepreneurship.

(IOR3)

Enumerate the "O" of the elements of entrepreneurship.

(IOR3)

Enumerate one of the "R" of the elements of entrepreneurship.

It is one of the friendliest countries for entrepreneurs in the world.

An emerging country - home to budding entrepreneurs who manufacture different products.

A small country that controls a significant portion of the economy in Asia.

This country is exploring the opportunities over the internet.