DESCRIBING FILIPINO VALUES FAVORABLE TO ENTREPRENEURSHIP (TLE) Flashcards

(12 cards)

1
Q

TRUE OR FALSE. Filipino entrepreneurs are among the biggest contributors to our country’s economy.

A

TRUE

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2
Q

Name all the FILIPINO VALUES FAVORABLE TO ENTREPRENEURSHIP.

A
  1. Aspiration and personal satisfaction
  2. Family and value-orientedness
  3. Positive outlook
  4. Practicality and common sense
  5. Passion for business
  6. Leadership and innovativeness
  7. Hard work
  8. Adventurism
  9. Confidence and self-reliance
  10. Preference to having a family business
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3
Q

The desire and aspiration to become wealthy or rich is the driving force of some Filipino entrepreneurs.

A

Aspiration and personal satisfaction

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4
Q

The Filipino entrepreneur puts premium first and foremost on his/her family.

A

Family and value-orientedness

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5
Q

Filipino entrepreneurs are optimistic individuals; they learn to accept challenges without reservation.

A

Positive outlook

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6
Q

They use common sense in making decisions as they ensure they get bigger gains but use the lowest possible cost.

A

Practicality and common sense

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7
Q

Filipino entrepreneurs are passionate as they dwell mostly on the things they like most.

A

Passion for business

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8
Q

The most effective entrepreneurs are those with good leadership skills.

A

Leadership and innovativeness

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9
Q

Filipino entrepreneurs value time and effort more than leisure time.

A

Hard work

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10
Q

Filipinos are fond of exploring new things and taking risks to achieve their dreams and goals.

A

Adventurism

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11
Q

Filipino entrepreneurs are hands-on and independent in undertaking the nitty-gritty things of their business.

A

Confidence and self-reliance

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12
Q

Entrepreneurs who run family and businesses are observed to be successful as responsibilities are divided among the family members.

A

Preference to having a family business

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