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WorksheetsPrelim Examination_Social Entrepreneurship
Total questions: 30
Worksheet time: 25mins
A person who starts, manages, and owns a business.
Business
Entrepreneur
Entrepreneurship
The process of starting and managing your own business.
Buy-out
Entrepreneur
Entrepreneurship
franchising
This is an advantage of Entrepreneurship.
Flexible work hours
You are your own boss
Recognition
Do something that you always wanted to do
All of the above
The following are all disadvantage of entrepreneurship, EXCEPT?
High risk of business failure.
Possibility of low/no income
Potential for high income
Stress
long hours of work
The right or license granted by a company to an individual or group to market its products or services in a specific territory.
Buy-out
Franchise
Corporation
Partnership
Select all of the ways to enter a business
Open a new business
Buy an existing business
Buy a franchise
All of the above
What is an entrepreneur?
A person who is in charge of a specific location.
A person who works for someone else in order to learn skills.
A person who organizes and operates a business or businesses.
None of these
An entrepreneur is someone who works for someone.
True
False
Most entrepreneurs work long hours, but they create their own schedules.
True
False
The act of assuming the risk of organizing productive resources to produce goods and services.
business
critical thinking
entrepreneurship
risk management
The word entrepreneurship has its origin in Spain
True
False
It is a person who has the potential to solve community-based problems.
Business owner
Social investor
Social Entrepreneur
innovator
A business that its primary purpose has specific social objectives.
Social Entrepreneur
Social Enterprise
Social Community
None of the above
What is the main goal of a Social Entrepreneur?
To earn profit
To be a famous and successful entrepreneur.
To have a connections in the business world.
To implement widespread improvements in society.
In 1980, the social enterprise was developed in the UK.
True
False
The non-profit organization and other social service providers have similarities to operate to create a better world.
True
False
In the Philippines, entrepreneurship is viewed as important to empowering the poor, enhancing production, and as an impetus to innovation.
True
False
Female involvement is the one of the problem of women entrepreneur
True
False
Entrepreneur being a good innovator.
True
False
The process of developing and conveying prescriptive ideas to others, typically in a business setting.
creativity
ideation
innovation
proposal
It is a statement that explains your company's goals.
vision
values
mission
goals
It is often results when ideas are applied by the company in order to further satisfy the needs and expectations of the customers.
creativity
innovation
ideation
business
It will give your business a clear focus, and can stop you heading in the wrong direction.
vision
mission
goals
values
Tendency to generate or recognize ideas, alternatives, or possibilities that may be useful in solving problems, communicating with others, and entertaining ourselves and others.
business mind
innovation
ideation
creativity
Entrepreneurial growth is a process helps new firms or ventures get better in achieving their goals, improve business and the nation's economy
True
False
Entrepreneurs boost economic growth by introducing innovative technologies, products, and services.
True
False
What is a business plan?
Written document that only outlines the business practices of the new business.
Written document that only describes the ownership of the business.
Written document that describes all the steps necessary for opening and operating a successful business.
Written document that describes the financial aspects of the business.
Why do you need a business plan?
To explain your idea
the ability to get financing.
it's a road map that sets objectives and goals for the business.
To help reduce the risk of business failure.
All of the above.
Complete the sentence: A business plan...
is useful once your business is operational but not much help during the startup phase
is not usually needed once the business is up and running
can serve as a tool for helping a business during the startup phase and for managing your business once it is up and running.
all of the above
Complete name of your Subject Teacher of Social Entrepreneurship
(a)
