People with a passionate drive to execute business opportunities and who are not afraid to fail in achieving their goals.

Are people who follow orders from a superior.

Refers to recognizing, seizing, shaping and using opportunities ahead of others - and never giving up during failures and mistakes.

Engaged in what is called corporate venturing or intrapreneurship which is an entrepreneurial-like venture inside large companies.

Hobby businesses; consulting or freelance business made in the convenience of the home to save overhead cost.

Refers to an entrepreneur who pursues his entrepreneurial dreams in non-profit institutions focused in either education, religion or other charitable missions.

Refers to an entrepreneur who owns a minority or majority of investment in several businesses.

Refers to an entrepreneur who starts one business and then moves on to start another.

A rewarding endeavor that develops your self-confidence, problem solving skills, leadership skills, financial skills, and public speaking skills; or to ask the right kind of questions, to learn from mistakes, to sell, to be creative, to save money, or to earn profit.

Entrepreneurs should be able to set smart goals.

Entrepreneurs are very much the same with employees.

Entrepreneurs should be passionate individuals.

Computer shops are example of a service business.

The three U’s of a business are: USE, USAGE and YOU DO NOTE.

According to the respondent, he has a monthly allowance of 5,000-10,000.

Social media has no effect of food industry. It deals neither positive nor negative impact of existing businesses.

source: www.fakenews.com

Burgers loaded with special sauce and layers of cheese sandwich with a giant bun is exactly the model of anwholesome nitritious meal especially when it comes to fastfood chain. (source: macdermont.August,2019)

We are selling our wampipti burgers for 200 pesos. Source: Cassie,M.Personal interview, June 6,2019.

Millennials have the greatest opportunity when it comes to starting business to only 50 percent success rate. Flores, Mar to The Entrepreneurs, Entrepreneurship and Millenial Era, Philippines.printpress.2019

Consumers that are within Dumaguete area.

Consumers that are Vegan.

Consumers that are teenagers.

Consumers that used their cellular phones for more than 15 hours in a day.

Consumers that are transgender.

Consumers that have a monthly income of 1 million to 1.5 million.

How many Core Competencies in Entrepreneurship are there? Enumerate them

Refers to competition between companies selling the same products and services to the same target customers.

Refers to competition between companies selling substitute products or services that can replace the original product or service.

Refers to actual people or group of end-users who will utilize or consume the products and services you offer.

Refers to published materials and national or local government websites providing information about population, family size, household income, economic trends and industry forecast.

Refers to data that describes a group of customers in terms of age, marital status, family size, ethnicity, gender, profession, education, and income.

Refers to data that describes a group of customers in terms of their tastes, opinions, personality traits, and lifestyle habits.

Refers to data that describes a group of customers in terms of the frequency of their usage and utility of the product or service.

Refers to data that describes a group of customers in terms of their home location, work location and distance from the business location.

Refers to what you plan for your business to achieve after one year.

Refers to what you plan your business to achieve after five, ten to twenty years.

Refers to layer in terms of; color, size, useful hours, brand name, quality, design and packaging.

This layer includes providing for warranty, delivery, installation, credit, and after sale services.

This layer embraces the requirement to meet the satisfaction level and the ultimate desire of the target market - addressing this gives the product its ultimate worth.

A management process defined as the development of product or service ideas into tangible solutions for the satisfaction of needs and wants; the assignment of price value, the promotion and publicity, and the delivery of these solutions to end-users in ways that satisfies them.

Highlights everything about the product as the single most important part of the business.

Undermines production efficiencies and customer preferences in favor of pushing the product to achieved sales goals.

Puts priority on addressing and satisfying consumer needs and wants as the center of everything done inside and outside the business.

Is considered to be the best marketing perspective to adopt if the entrepreneur thinks of long term presence in the market.

Helps the entrepreneur to create a market concept, a description of business which will be made-actual through marketing mix.

Refers to the blending of the product, price, promotion and place.

Refers to the marketing strategy that determines the choice of product or service to be converted into a satisfying solution - the choice of the place most convenient and efficient for both suppliers and customers, the choice of the price that is acceptable as exchange for the product or service and the choice of promotion activities that will inform the target market about the product or the service.

Refers to the name, symbol, or design that distinguishes the product or service from others.

Refers to the box, container, or wrapper wherein the product is placed or kept. It must be able to protect the product in the distribution phase to avoid loss.

Refers to product information printed on the packaging.

Refers to the actual amount the customers pay for the product or the service.

Refers to the most important thing entrepreneurs want the price to do for the business.

Refers to individuals or establishments who will potentially be interested in your product or service and will be willing and able to pay for it.

The key to learning more about the needs and wants of these potential buyers. The use of technology can give you a lift in discovering more about them. I

Used to find hidden patterns and relationships in customer data in the data warehouse where marketers find important information, categorized characteristics and develop customer profiles.

A useful tool to make your products or services make real sense to your target customers.

Refers to a group or division of consumers out of the total market, who share common characteristics, such as the Leisure Market and Restaurant Market.

Composed of various market segments like fast-food lovers, traditional sit-down meal folks, Italian food lovers, Chinese food enthusiasts and others.

Help you create efficient positioning strategies to serve your customers better than the competition. You as entrepreneur will be able to design your products and services, set prices and direct promotional efforts effectively.

Refer to what you plan your business to achieve after two- five years.