Entrepreneurship Quarterly Assessment

What is a proactive process of developing a business venture to make a profit?

• Market

• Livelihood

• Entrepreneurship

• Economic Development

It was derived from the French verb enterprendre, which means "to undertake."

• Businessman

• Business owner

• Business minded

• Entrepreneur

A highly _______________entrepreneur displays full commitment to the work endeavor that he/she is undertaking.

• Committed

• Opportunity Seeker

• Persistent

• Efficient and quality-oriented

Refers to the mental ability of the entrepreneur to learn new things, generate new ideas, and express knowledge in both oral and written forms.

• Cognitive Skills

• Interpersonal skills

• Problem-Solving Skills

• Decisional skills

These are entrepreneurs who are to follow the path shown by innovative entrepreneurs.

• Imitating

• Innovative

• Fabian

• Social Entrepreneur

It is about creating and accumulating customers.

• Promoting

• Recruiting

• Marketing

• Outsourcing

When value proposition and unique selling proposition work effectively?

• Customers benefits low prices even not durable products.

• Customers prioritize your product/services at first but did not last.

• Customers compare your product/services with your competitors.

• Customers feel the true benefits of the product or service being offered.

An effective value proposition to the target customers may________

• Value proposition has to target the minor objective.

• Use language in which customers think and can ask questions.

• Not differentiate value proposition with the competitors.

• Prepare a situation analysis that details the problem/s of the customer

The above statement is an example of ______________

• Proposed value proposition

• Assurance that can serve to the customer

• Understandable because the language is in Filipino

• Process of motivating customers

The paragraph explains about the_______________.

• Customers identity

• Customers uniqueness

• Customers requirements

• Customers comfort