Entrepreneurs who are involved in calculating controlling and planning, they always ask for advice from knowledgeable people so they can make sure that the business they build will succeed

Products are not only sold in shops they may also be sold door to door, online or in trade fairs, or markets.

The following are the fundamental characteristic of an entrepreneur Except

An entrepreneur is any person who creates and develop a business idea and take the risk of setting up an enterprise to produce a product or service which is satisfies costumers needs.

This is the creative and innovative response to the environment and the process of giving birth to a new enterprise.

The intended group of costumers among the whole population.

It is part of the business plan that presents a clear explanation of a business concepts, available opportunity types of industry where the concepts belong, the target market, the key people involve in the financial requirements of a business.

Jane is an online seller who sells replica items or those what we call class A or almost the same with authentic brand but she is not informing her costumers that the product is not authentic and sold it for the same amount with that of original bag. The costumer who paid the amount is expecting that the bag she purchased is good as the original bag because they have the same amount the scenario is an example of;

This will strengthen the domestic economy by developing new industries and generate local employment for our people

A set of competencies, qualities or characteristics in the personal entrepreneurial competencies that makes an individual to organize himself/her self or established a systematic order to accomplished a certain task.

An entrepreneur always takes concerted efforts towards the successful completion of a goal is

Entrepreneurs who are involved in calculating controlling and planning, they always ask for advice from knowledgeable people so they can make sure that the business they build will succeed.

Raymond is a good example of an entrepreneur; he goes overtime if necessary to finish his work on time. In that situation, what kind of entrepreneur is Raymond?

What type of risk is the loss or collapse of a business?

The location where the service is delivered plays in the role of a promotion, price and product, part of the re deliver their service as on plumbers and other home repair professional charge so much is that they must deliver their service one costumer at a time away from their office or sobs.

A written documents that details or show the execution of business.

A written documents that shows the projected income and expenses as well as cash flows (both inflows and out flows) that are expected in the business based on its seasonality, competition and costumer behavior.

It lays down the specific of operating or running a business, and if the marketing plan has the four p’s that make up the marketing mix, the production or operational plan has the four m’s that comprised the production or operation of a business.

It is part of a business plan that tackles the characteristics and the details of the proposed ideas the name of the product or service should be describe first.

You start a water business in your town because most of the people in that area is drinking mineral water. You through that because you are the only one who will start that business that is why you increase the price beyond the prescribe amount without realizing that there are retailers of water in nearby store. The scenario shows that the entrepreneur forgot to think about?

An entrepreneur need, specifics to be more than smart; the entrepreneur needs to be smarter, measurable, attainable, realistic and result oriented, time bound, and ethical recorded. These adjectives refer to the ideal characteristics of the objectives an entrepreneur sets for one self

A set of competencies, qualities or characteristics in the personal entrepreneurial competencies that pertain to the propensity or inclination of an individual to lead people or stay ahead of others.

A popular Filipino saying Kung walang tiyaga walang nilaga. An entrepreneur refuses to give up and will try 100 times if needed to achieve the goals.

Mr. Chavez believes that in order to have successful business one should first believe in his/her self. what trait did he possess?

Which one is the incorrect statement

Which of the following is a recognized disadvantage of setting up as a start-up as compared with other routes to market entry?

The following are the characteristics of planning cluster except;

A marketing mix that focuses in encouraging buyers to purchased a product through entertainments, social media, advertisements, and work of words.

A quality of an entrepreneur which identifies the opportunity and convert it into a realistic and achievable goal or plan

A set of competencies, qualities or characteristics in the personal entrepreneurial competencies that makes an individual to achieve or excel certain things

An entrepreneur owns full accountability for words and actions. The entrepreneur values palabra de honor or word of honor

Is set for the product not only to determine the amount of profit the business will be able to make from it but also affects the value of the product as perceived by the consumer.

It refers to the ability to take measured or calculated risk

Usually written in one or two pages, that encapsulates a plan or report

A written documents that details the study done to analyze the market as well as the plan of implementation to address the needs or demands of the particular market segment selected

The product is suited for all ages especially for preschoolers and those who are health-conscious individuals.

These details are the human resource complemented of the business it also describes a legal form that the business will take sole proprietorship, partnership, or corporation.

Innovative, determined, and reasonable risk taker are characteristics that can best describe the owner he found it easier to conceptualize making plans, execution and management of proposed business.

It involves the search for analysis of data that can be used to identify, isolate, described and quantify, a given market or group of costumers the size characteristics and directions of market movement are the basic areas of interest

A.     Market analysis     B.   Marketing plan    C.   Marketing mix    D.  Production or operational plan

Which of these statements best describes the context of entrepreneurship

A.     Entrepreneurship takes place in a small business

B.     Entrepreneurship takes place in the large business

C.     Entrepreneurship takes place in a wide variety of context

D.     Entrepreneurship does not take place in social enterprises

All are correct about the entrepreneur except one

When you engaged in entrepreneurial activities you give yourself a chance to become financially independent. When you maximized that chance and invest precious resources you give yourself the chance to earn more money

Products like banana chips, sweet potato chips, and cassava chips, which are available in stores and supermarkets, are considered direct competitors but have different nutritional value to offer as stated above

What do you call step by step outline of how entrepreneur or the owner of an enterprise expects to turn ideas into reality

The components of any marketing activity they actually vary in the literature but the most common are the so-called four p’s of marketing product, price, place, and promotion.

It is part of organizational plan that may not be put in the main part of business plan such as photos, contracts forms, certificates, permit and other papers related to the business.

The following are the three basic pricing methods except

In real life entrepreneur are those that

They are individuals who are alert to financial opportunities for the exchange of goods and services