WorksheetsEntrep quiz
Total questions: 15
Worksheet time: 7mins
Entrepreneurship is founded on innovation and change that leads to productivity and economic recession
TRUE
FLASE
Which of the following is not a 1st world country
USA
Germany
Switzerland
Mexico
The process by which businesses or other organizations develop international influence or start operating on an international scale?
Internationalization
Innovation
Globalization
Changes in the form of government created more oppression to express one’s ideas and enjoy the rewards of one’s undertaking, which helped to usher the creation of enterprises.
TRUE
FALSE
Entrepreneurship is a _____?
State of mind
Emotional state
Financial state
innovation
MSMEs comprise ____ of total firms in the Philippines
99.6
98.9
99.7
98.7
______ play a major role in the economic development of the Philippines, particularly in the rural development and decentralization of industries
Entrepreneurs
Businessman
MSME's
Business
Philippine MSMEs are mostly engaged in
Food industry
Manufacturing
Wholesale and retail
hotels and restaurants
_____ of Filipinos are engaged in entrepreneurial activities
51.9%
43.5%
39.4%
22.9%
____ percent are established businesses existing for more than 3.5 years.
52%
48%
43%
39%
Businesses have an average capital of _____
10,000
20,000
40,000
50,000
There is an application of technology and minimal use of innovation
TRUE
FALSE
Most of the businesses employ less than four employees and very few have 20 employees or more
TRUE
FALSE
Business engagement is mostly done on a local basis and very many are engaged in exportation.
TRUE
FALSE
Entrepreneurs boost economic growth by introducing innovative technologies, products, and services
TRUE
FALSE
