Pre-Assessment Flashcards

(15 cards)

1
Q

In which of the following does Entrepreneurship contribute the most?

A. Economic growth
B. Employment opportunities
C. Career alternatives for women and minorities
D. All of the above

A

D.

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2
Q

Where did the word entrepreneur originate from?

A. France
B. Latin
C. Italy
D. Spain

A

A.

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3
Q

This activity is the process of generating good ideas.

A. Brainstorming
B. Dreaming
C. Surveying
D. Interviewing

A

A.

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4
Q

This refers to an individual who undertakes a business venture.

A. A Business Man
B. An Entrepreneur
C. Supervisor
D. A Business Manager

A

B.

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5
Q

In the early stages of a start-up business, entrepreneurs assume sole responsibility for

A. global economic growth rates
B. the daily activities of competitors
C. all aspects of their businesses
D. reducing the need for financial records

A

C.

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6
Q

Before starting business ventures, which of the following should entrepreneurs recognize first?

A. Regulations
B. Opportunity
C. Associations
D. Liability

A

C.

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7
Q

Entrepreneurs often discover business start-up ideas by looking for gaps between what is currently being done and which of the following

A. what was done in the past.
B. what needs to be done.
C. how things are being done.
D. when changes were last made.

A

B.

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8
Q

Entrepreneurs who are aware of their personal strengths and weaknesses increase their chances of:

A. outsourcing
B. empathy
C. success
D. productivity

A

C.

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9
Q

An entrepreneur who puts technology at the core of his or her business model is called a: / an:

A. Extrapreneur
B. Intrapreneur
C. Social Entrepreneur
D. Technopreneur

A

D.

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10
Q

Select the most common example of a small business in the Philippines.

A. Sari-sari store
B. Food cart business
C. Rice retailing
D. All of the above

A

D.

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11
Q

This type of innovation may include inventions.

A. Breakthrough Innovation
B. Technological Innovation
C. Ordinary Innovation
D. Technical Innovation

A

A.

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12
Q

Which of the following is NOT a common trait of an entrepreneur?

A. Proactive
B. Selfish
C. Risk-taker
D. Sociable

A

B.

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13
Q

This activity is where a moderator handles a very open, free-flowing, and in-depth discussion with a group of people who can provide insights.

A. Focus Group Discussion
B. Brainstorming
C. Brainwriting
D. Product Inventory Analysis

A

A.

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14
Q

This refers to the identity of a company, of a product, of a service, or of an entrepreneur himself or herself.

A. Logo
B. Packaging
C. Brand
D. Trademark

A

C.

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15
Q

This factor represents a general view of a locality’s traditions, customs, beliefs, norms, and
perceptions

A. Economic factors
B. Environmental factors
C. Technological factors
D. Sociocultural factors

A

D.

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