BAB 1 : INTRODUCTION TO ENTREPRENEURSHIP

Question 1

DEFINITION ENTREPRENEURSHIP:

🎈 refers to the concept of ______ and ______ business venture
🎈 to gain profit by taking _______ _______
🎈______ ______ in the economic development
🎈willingness to start a _____ ______

Answer 1

developing, managing
several risks
vital role
new business

Question 2

DEFINITION ENTREPRENEURSHIP:

LAW AND MCMILLAN (1988)

creation of _____ _______.

Answer 2

new enterprises

Question 3

DEFINITION ENTREPRENEURSHIP:

BRUYAT AND JULIEN (2000)

🎈 _____ of process
🎈 result in _____ new values
🎈 business _____

Answer 3

change
creation
founder

Question 4

ENTREPRENEUR DEFINITION:

GENERAL:
______ WHO IS WILLING TO WORK FOR HIMSELF AND BY HIMSELF

INDIVIDUALS WHO PREFER TO MAKE THEIR PROFESSIONAL CAREERS RUNNING BUSINESS THEMSELVES RATHER THAN GETTING EMPLOYED AT ANOTHER COMPANY.

Answer 4

SOMEONE

Question 5

ENTREPRENEUR DEFINITION:

KURATKO & HODGETTS (2001)

🎈 ______
🎈______,______ and assumes the risks of business

Answer 5

individual

organizes, manages

Question 6

ENTREPRENEUR DEFINITION:

THOMPSON (1999)

🎈someone
🎈able to identify _______ business opportunity

Answer 6

unexploited

Question 7

ENTREPRENEUR DEFINITION:

SARIMAH (2018)

🎈 someone
🎈______ new entity to offer a new product into a new market, whether it is for profitable or non.

Answer 7

established

Question 8

ENTREPRENEUR DEFINITION:

JOSEPH SCHUMPETER (1990S)

_______ introduced new innovation
_______ old products
creative _________

Answer 8

innovator
replace
destruction

Question 9

ENTREPRENEUR DEFINITION:

RICHARD CANTILLON (1775)

A person who _____ to do a job

Answer 9

undertakes

Question 10

ENTREPRENEUR DEFINITION:

IBN KHALDUN

🎈 knowledgeable and skilled individual
🎈_______ in development

Answer 10

instrumental

Question 11

THREE ELEMENTS OF THE ENTREPRENEURIAL PROCESS

Answer 11

TOR

team
opportunity
resources

Question 12

CHARACTERISTIC OF ENTREPRENEURSHIP

Answer 12

-

Question 13

1) ______ for the business

Answer 13

passions

Question 14

2)product/customer _______

Answer 14

focus

Question 15

3) _______ despite failure

Answer 15

tenacity

Question 16

4)______ intelligence

Answer 16

execution

Question 17

ENTREPRENEURSHIP COMPETENCIES

Answer 17

EXERCISE

Question 18

TYPES OF ENTREPRENEURSHIP

Answer 18

DO FEEL SO PROUD CO

DIGITAL
FRANCHISE
SOCIAL
PUBLIC SECTOR
CORPORATION
COOPERATIVE
CONVENTIONAL

Question 19

IMPORTANCE OF ENTREPRENEURSHIP

Answer 19

DEVELOPMENT

SELF
FAMILY
SOCIETY
NATIONAL
SPIRITUAL