Entrepreneurship

What do you call the process of starting and managing a business?

• entrepreneurship     

• innovation                

• marketing

• invention                              

Who introduces the term entrepreneur to the world?

• Bill Gates                

• Mark Zuckerberg      

• Richard Gomez                              

• Richard Cantillon

Which of the is an example of a benefit of an entrepreneurship?

•       Does not create products and services.

• Contributes taxes to the government  

• It does not help the government. 

• It will help you become poor.

What PECs refers to working diligently and industriously?

 

•   future-oriented        

• hardworking 

• profit-oriented   

• self-confidence

Which PECs refers to achieving goals in the future or focused on the future?

•   future-oriented

• hard working

• profit-oriented

• willing to listen

Which of the following is the correct meaning of PECs?

•  Personal Enthusiastic Competencies & Skills 

• Personal Entrepreneurial Competencies & Skills

• Professional Entry Competencies & Skills 

• Professional Entrepreneurs Competencies & Skills

Which of the following characteristics below does not describe an entrepreneur?

• confident

• goal-oriented

• persistent

• unreliable

What do you call the major characteristics of an entrepreneur being dedicated and devoted?

 

•  hard working

• opens to feedback

• committed

• risk-taker

Why PECs is very important to an entrepreneurs?

 

• It helps in analyzing one’s strength, weaknesses & align it to a successful entrepreneur.

•  It will able the entrepreneur produces more products and services which is not good.

   

• It will maintain good products and services.

• It makes the entrepreneur lazy.

Some entrepreneurs hire chemical or technological experts who create new and unique products which are still not available in the market. What do you call to this process?

  

• invention

• innovation  

•    improvision 

•    alteration