Entreprenuership Flashcards
(34 cards)
“ having _____ from bearing uncertainty and risk”
PROFITS
“ ________ bearing coordination of productive resources”
UNCERTAINTY
“______ activity to initiate and develop a profit-oriented business”
PURPOSEFUL
“ taking _______ risk”
Moderate
“It is a kind of _______”
BEHAVIOR
”decision and judgments about the coordination of _______ resources”
SCARCE
“ the process of creating _______ wealth”
INCREMENTAL
“ creation of new __________”
ORGANIZATIONS
“ ________ of creating something new”
PROCESS
“ pursuit of ________ without regard to resources currently controlled”
OPPORTUNITY
“ ______ process of vision, change, creation”
DYNAMIC
“ ________ an opportunity to offer new or improved goods and services”
CONCEIVING
“ its foundation lies in ________ and theory rather than in intuition
CONCEPT
“ carrying out new _________ of firm organization”
COMBINATIONS
“ introductions of innovation and provision of ________”
CAPITAL
SME’s account for developed countries
50%
one of entrepreneurship’s mechanism that focuses on the whole process of the
business
OPERATIONS
mechanism in entrepreneurship that focus on product and service selling
SALES
part of entrepreneurship’s mechanism that involves in promoting the institution’s
product and services
MARKETING
the earliest form of entrepreneurship
BARTER SYSTEM
it is seen as one of the key engines of economic growth
ENTREPRENEURSHIP
foundation and catalyst for economic growth and innovation
ENTREPRENEURSHIP
are concrete manifestations of
entrepreneurship
SMALL AND MEDIUM ENTERPRISES (SME’s)
SME’s account for developing countries
90%
