True or False. Creative entrepreneurs understand that their ability to adapt to changing consumer tastes and preferences and their agility to meet new technologies head-on will ensure their company’s survival in the long run.

Refers to what is acceptable and good conduct and character.

Key to crafting new ideas and processes.

These are qualities, behaviors, and soft skills that are exhibited when interacting and communicating with others.

Pertains to the restricted right granted for an invention, including the materials and processes

Network of tangible or intangible products supported by digital systems.

An emerging business model that is very popular before the pandemic.

Some Ideas worth considering to look into for business ideation in the tourism sectors are:

This theory believes that land is the kay factor for economic growth.

Claims that during difficult economic conditions, the government may act like an entrepreneur, creating jobs in public works and other labor-intensive service and production initiatives.

This theory emphasizes innovation and the entrepreneurial spirit itself,it offers the critical value of innovators or entrepreneurs in economic development

High and deep technology are behind this country which recently named as the most innovative country in the world (Bloomberg. February 2021)

Denotes rules of behavior that differentiate what is right and what is wrong.

A sustaining force to get ideas into concretization.

It is all about taking the opportunity in a business activity as it presents itself and while it is still available.

A service innovation where brands from different industries collaborate to provide complementing services to guests.

Pertains to the identifiable sign, word, or symbol that indicates the identity of a product or service.

Pertains to the right over an intellectual property that is protected through a legal process, in case of copy issues.

Work from home arrangement is an example of -

Refilling outlets for hygiene products is an example of -

Enterprises are at risk of sustainability due to the ff. reasons EXCEPT ONE:

Adapted to the needs of the user and can be connected to other systems through intelligent networking

This concept basically means that the digitalization and traditional process were llinked together in a network

TRUE OR FALSE.

One thing is for sure in the tourism industry - the desire to travel is innate among humankind.

It is the global tourism organization that spearheads the development of the tourism industry to bring benefits to the citizens of member countries,it offers support to the tourism industry in advancing knowledge and tourism policies worldwide.