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WorksheetsEntrepreneur
Total questions: 77
Worksheet time: 39mins
The entrepreneur who creates new ideas are called?
Imitating
Innovative
Fabian
Drone
Entrepreneur means:
to research
to undertake
Risk taker
To improve standard of living
These are the entrepreneur who are to follow the path shown by innovative entrepreneurs
Innovative
Imitating
Social Entrepreneur
Fabian
Which of the following does not belong to the group?
Skill management
risk-taking
conduct research
Make no change with his product
It is a personality factor that means doing things even before being told.
Proactive
Perseverance
Initiative
Persuasion
All except one does not belong to the group. Which one is it?
Unfair trade practices
Strikes
Political Protest
Product
They are entrepreneur who drive social innovation and transformation in various needs
Drone
Fabian
Imitating
Social entrepreneur
Which statement below is true?
Entrepreneurs have limited career opportunities
Entrepreneurs are prone to constant high income
Entrepreneurs are contributors to the development of society
Entrepreneurs are the reason for the unemployment problem
Which of the statement is NOT true
An entrepreneur will patiently wait for his/her effort to bear fruit
The profit of the entrepreneur is immediate
All entrepreneurs are successful
Entrepreneurs are researchers
Which of the following is NOT true
Entrepreneurs create organizations
Entrepreneurs improve the life of the entrepreneurs alone
Entrepreneurs improve the economy
None of the choices
Identify whether the following belongs to the given choices
-Government Leadership
Political
Econimical
Social
Legal
Identify whether the following belongs to the given choices
-distribution of goods and services
Political
Economic
Legal
Environmental
Identify whether the following belongs to the given choices
-methods and processes
Legal
Technological
Political
Social
Identify whether the following belongs to the given choices
-Weather and climate change
Environmental
Political
Technological
Economic
Identify whether the following belongs to the given choices
-Age distribution
Political
Legal
Economical
Social
Identify whether the following belongs to the given choices
-Corruption level
Political
Economic
Legal
social
Identify whether the following belongs to the given choices
-Career attitudes and emphasis on safety
Political
Social
Technological
Legal
Identify whether the following belongs to the given choices
-Law affects how costumer behave
Economic
Legal
Environmental
Political
Identify whether the following belongs to the given choices
-Techniques and skills
Technological
Political
Social
Legal
Identify whether the following belongs to the given choices
-Government stability
Political
Economic
Social
Legal
Internal factors that are favorable for achieving your organization's objective
strengths
weaknesses
opportunities
threats
Internal factors that are unfavorable for achieving your organization's objective
Strengths
Weaknesses
Opportunities
Threats
Refers to the pressure consumers can exert on businesses to get them to provide higher quality products, better customer service, and lower prices
Buyer power
Suppliers Power
Threats of new entrants
Threats of substitution
The process of gathering information about events and their relationships within an organization's internal and external environments.
Suppliers power
Environmental scanning
Environmental skimming
Competitive rivalry
Refers to the pressure suppliers can exert on businesses by raising prices, lowering quality, or reducing the availability
Buyers power
Suppliers power
Threats of new entrants
Threats of Substitution
External factors that are unfavorable to achieving your organization's objective
strengths
weaknesses
opportunities
threats
The availability of a product that the consumer can purchase instead of the industry's product
Threats of substitution
Threats of new entrants
Buyers Power
Suppliers power
The threat new competitors pose to existing competitors in an industry.
Threats of substitution
Threats of new entrants
Suppliers power
Buyers power
External factors that are favorable for achieving your organization's objective
strengths
opportunities
weaknesses
threats
An industry put pressure on one another & limits the other's profit potential
Threats of new entrants
Threats of substitution
Competitive Rivalry
Buyers power
Identify if it's Strength, Weaknesses, Opportunities, Threats
-Good relationship with costumers
Strength
Weaknesses
Opportunities
Threats
Identify if its Strength, Weaknesses, Opportunities, Threats
-Expertise and technical skills of the management team.
Strength
Weaknesses
Opportunities
Threats
Identify if its Strength, Weaknesses, Opportunities, Threats
-Strong relationship of competitors with retailers
Strength
Weaknesses
Opportunities
Threats
Identify if its Strength, Weaknesses, Opportunities, Threats
-Downturn in the economy may mean people are spending less
Strength
Weaknesses
Opportunities
Threats
Identify if its Strength, Weaknesses, Opportunities, Threats
-Poor quality and high price
Strength
Weaknesses
Opportunities
Threats
Identify if its Strength, Weaknesses, Opportunities, Threats
-Desire of customers for one-stop shopping
Strength
Weaknesses
Opportunities
Threats
Identify if its Strength, Weaknesses, Opportunities, Threats
-Poor record keeping
Strength
Weaknesses
Opportunities
Threats
Identify if its Strength, Weaknesses, Opportunities, Threats
-The emergence of left-wing labor
Strength
Weaknesses
Opportunities
Threats
Identify if its Strength, Weaknesses, Opportunities, Threats
-Excellent sales staff with strong knowledge of existing products
Strengths
Weaknesses
Opportunities
Threats
Identify if its Strength, Weaknesses, Opportunities, Threats
-Product demand.
Strengths
Weaknesses
Opportunities
Threats
The impression in the customer's mind of a brand's total personality
Brand name
Market Characteristics
Market Potential
Market share
Describes attributes of the buyers in making decision related in purchasing a certain product
Brand Name
Market Characteristics
Market Potential
Market Share
The maximum total sales revenue of suppliers of a product in a market during a certain period
Brand Name
Market Characteristics
Market Potential
Market Share
Is a percentage of total sales volume in a market captured by a brand, product or company
Brand name
Market Share
Market Potential
Market Characteristics
A thought or collection of thoughts that generate in the mind.
Idea
Invention
Innovation
Is the process of positively improving an existing product.
Idea
Innovation
Invention
Something newly designed or created, or the activity of designing or creating new things
Idea
Invention
Innovation
Is a quantitative and qualitative assessment of a market ability to respond positively.
Market Analysing
Qualitative Analysis
Market Analysis
Qualitative Analysing
Is the process of dividing a market of potential customers into groups, or segments, based on different characteristics.
Market Segmentation
Market Segregation
Market Analysis
Market Analysing
Is market segmentation according to age, race, religion, gender, family size, ethnicity, income, and education. Demographics can be segmented into several markets to help an organization target its consumers more accurately
Demographic Segmentation
Geographic Segmentation
Psychographic Segmentation
Behavioural Segmentation
Is when a business divides its market based on geography such as cities, regions, countries, and international regions.
Geographic Segmentation
Demographic Segmentation
Psychographic Segmentation
Behavioural Segmentation
involves dividing your market into segments based upon different personality traits, values, attitudes, interests, and lifestyles of consumers
Behavioural Segmentation
Geographic Segmentation
Psychographic Segmentation
Demographic Segmentation
Is a marketing strategy based on actual consumer buying behaviour. It divides the market into groups of customers according to their knowledge of, attitude towards, use of or response to a product
Psychographic Segmentation
Behavioural Segmentation
Geographic Segmentation
Demographic Segmentation
Are the basic physical appearance which can be a service or idea having precise specifications and is offered under a given/ specified description or model number
Tangible Products
Augmented Products
Generic Products
Includes the image and service features of a certain entity. It gives emphasis on the intangible benefits that the customer will be getting from buying the product
Generic Products
Augmented Products
Tangible Products
Emphasizes the impact of the product to the consumer. This will signify the purpose of its existence and the primary objective in creating the product
Generic Products
Augmented Products
Tangible Products
Sale of the physical products from the manufacturer to the consumer or final and ultimate user
Goods
Services
Are intangible products that satisfaction can be measured future preferences
Goods
Services
are the physical products that are used over a long period of time
Non-durable goods
Durable goods
are the physical products that are quickly and easily be consumed or worn-out, become obsolete, unfashionable, or no longer popular
Durable goods
Non-durable goods
The consumer rented facility of the sellers in a certain period
Rented Goods Services
Owned Goods Services
Non-Goods Services
Are the repair and maintenance services rendered by the sellers to the products of the customer
Rented Goods Services
Owned Goods Services
Non-Goods Services
Is a personal service on the part of the seller; most common are the expertise and profession of the seller
Non-Goods Services
Owned Goods Services
Rented Goods Services
These are goods and services produced for the final consumer for personal, family or household use
Consumer Product
Convenience Products
Shopping Products
Specialty Products
Are products that purchased with the minimum or less effort because the buyer has knowledge of product characteristics prior to shopping
Convenience Products
Shopping Products
Specialty Products
Industrial Products
Are products that the consumers acquire through further knowledge and information to make final purchase decision
Shopping Products
Convenience Products
Specialty Products
Unsought Products
Are the items with a particular brands and stores to which consumers are loyal
Specialty Products
Industrial Products
Unsought Products
Shopping Products
Are goods purchased for use or consumption in the production of other goods
Industrial Products
Unsought Products
Specialty Products
Shopping Products
Are goods that the consumer does not know about or does not normally think of buying, and the purchase of which arises due to danger or the fear of danger and lack of desire
Unsought Products
Industrial Products
Specialty Products
Shopping Products
Good______can improve the marketability of the product through its design and appearance.
Design
Product Color
Product Qualities
Product warranties
Can be an important consideration for highly technical products
Design
Color
Qualities
Warranties
This is set of features and attributes of a product or service that determine its ability to satisfy human needs
Design
Product Color
Product Qualities
Product Warranties
It is the state where the buyer is assured that the product meets the specifications stated in the product labels
Design
Product Color
Product Quantities
Product warranties
The entrepreneur creates an environment in which success is possible and the possibility of failure is controllable.
MISSIONARY
DRIVEN
ENTREPRENEUR AS A MARKETING MAN
ENTREPRENEUR STARTS SMALL TO BECOME BIG
He accepts challenges and responsibility for results. He makes sure that people work based on specified work programs and schedules
ENTREPRENEUR AS A GOAL DRIVEN
MISSIONARY
ENTREPRENEUR AS A MARKETING MAN
ENTREPRENEUR STARTS SMALL TO BECOME BIG
The needs and wants of customers are properly identified and there is a propelling reason for him to take the opportunity to make a profit
ENTREPRENEUR AS A MARKETING MAN
ENTREPRENEUR AS A GOAL DRIVEN
ENTREPRENEUR AS A MISSIONARY
ENTREPRENEUR STARTS TO SMALL TO BEOCME BIG
Many Entrepreneurs start small scale but with their managerial talents and persistence, they exploit the opportunities. available for their disposal.
ENTREPRENEUR STARTS SMALL TO BECOME BIG
ENTREPRENEUR AS A MARKETING MAN
ENTREPRENEUR AS A GOAL DRIVEN
ENTREPRENEUR AS A MISSIONARY
