LESSON 1 Flashcards

1
Q

The term “entrepreneur” originates from the French word ____ which means

A

entreprende, to undertake

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2
Q

On the other hand, the term “entrepreneurship” comes from the word.

A

entrepreneur

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3
Q

The _______ defines an entrepreneur who organizes, operates, and assumes the risk of business ventures.

A

American Heritage Desk Dictionary

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4
Q

This book operationally defines entrepreneurship as the art of observing correct practices in managing and operating a self-owned and wealth creating business enterprise by providing goods and services that are valuable to customers.

A

Entrepreneurship

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5
Q

refers to a business enterprise that correctly adopts and practices the principles of entrepreneurship. It is owned by one person with a limited workforce of not more than 20 persons.

A

Small business

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6
Q

pertains to a business enterprise managed and operated by an owner who is not an advocate of and does not practices the concepts and principles of entrepreneurship.

A

ordinary small business

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7
Q

The field of entrepreneurship presents unique opportunities, each with its individual challenges and benefits.

A

Explore job opportunities for Entrepreneurship as a career

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8
Q

Although many entrepreneurs use their skills to create and run a company, others pursue a related job like business manager, finance manager, financial analyst, or chief executive officer.

A

Entrepreneurship Career Outlook

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9
Q

people who can go to a client site, identify problems and fix them

A

BUSINESS CONSULTANT -

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10
Q

Someone who knows how to represent a company, manage accounts and follow up on leads.

A

SALES MANAGER -

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11
Q

someone who understands business concepts, systems, procedures and practices.

A

RESEARCH AND DEVELOPMENT DIRECTOR

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12
Q
  • someone who raises money for a specific purpose and meant not to make profit but instead for maintaining the organization or toward the purpose for which it was created and understands the importance of business and networking relationships.
A

FUNDRAISER

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13
Q
  • someone to inspire students how to increase their entrepreneurial intention through acquiring the attitude towards entrepreneurship
A

TEACHER

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14
Q
  • someone whose job is in sourcing, attracting, recruiting, interviewing, and on-boarding employees to an organization and someone who is people savvy and has an in-depth business sense as well.
A

TALENT RECRUITER

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15
Q

someone who can write articles is in a prime position to take the lead on covering a local business beat.

A

BUSINESS REPORTER -

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16
Q
  • Someone to launch a company, start a new venture in a family enterprise or commercializing a technology
A

NEW VENTURE CREATOR

17
Q

is defined as a person who strongly advocates and correctly practices the concepts and principles of entrepreneurship in operating and managing the self-owned entrepreneurial venture.

A

Entrepreneur

18
Q

Consumer psychology is included in what element in society .

A

new venture creator

19
Q

workers benefit is included in what society?

A

fundraiser

20
Q

workers benefit is included in what society?

A

fundraiser