Chapter 1- Nursing Entrep Flashcards

1
Q

__become increasingly important for business of all sizes around the world.

A

Entrepreneurship

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2
Q

Despite its popularity, studies suggest that the
scope of entrepreneurship remains ___, and
therefore the prospects of entrepreneurial activities
remains not fully realized.

A

unknown

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3
Q

It opens new ___ and ___ for the business to create values for themselves and for the society at large.

A

opportunities and possibilities

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4
Q

This module highlights some aspects concerning the
concept of ___, ___, ___ and finally the entrepreneurship opportunities and challenges.

A

entrepreneur, entrepreneurship,
entrepreneurial process

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5
Q

Entrepreneurs have always been present, however
their behavioral patterns were ___ in different
periods of time.

A

different

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6
Q

The word entrepreneur was derived from the French
word “___”, which means “___”

(Kuratko, 2016)

A

entreprende, to undertake

(Kuratko, 2016)

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7
Q

The usage of the term entrepreneur can be traced
from ___, wherein an entrepreneur was described
to “___”

(Cantillon, 1931, p.51; Hamilton & Harper, 1994)

A

1755, “buy the country produce from those who bring it
or to order it to be brought on their account. They
pay a certain price to resell wholesale or retail at an
uncertain price”

(Cantillon, 1931, p.51; Hamilton & Harper, 1994)

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8
Q

Entrepreneur from the very beginning, was
principally an ___, of the commodity

(Hamilton & Harper, 1994)

A

independent speculator

(Hamilton & Harper, 1994)

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9
Q

An economic development can emerge due to
several reasons, which includes:

A

a. launch of new source of procurement for
raw materials or materials
b. introduction of a new production
mechanism
c. introduction of a new quality of product, or
a novel product
d. opening of new market
e. re-organization of a business

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10
Q

The management of all these aspects are carried by
an ___, and the people whose functions are to
carry out these activities are called ___.

(Bull & Willard, 1993)

A

enterprise, entrepreneurs

(Bull & Willard, 1993)

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11
Q

Entrepreneur is someone who manages all the
necessary resources to produce and market a
product which responds to the ___.

(Leibenstein, 1968; Bull & Willard, 1993)

A

market scarcity

(Leibenstein, 1968; Bull & Willard, 1993)

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12
Q

“Entrepreneurs are individuals who recognize
opportunities where others see ___, and ___. They are aggressive catalysts for
change within the marketplace”

Kuratko (2016, p.3)

A

chaos contradiction, and confusion

Kuratko (2016, p.3)

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13
Q

“Entrepreneur is the person who carries out new
combinations, causing discontinuity. The role is
completed when the function is completed. The
person may be an employee with an existing
organization or may start a new venture. An investor
per se only risks capital for a return.

A

Bull & Willard
(1993, p. 186)

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14
Q

Characteristics of an Entrepreneur due to sociological and psychological factors:

A
  1. vision-oriented people
  2. high need in
    achievement
  3. do not rely on fate or luck
  4. undertake moderate risks
  5. abilities to deal with
    several ambiguous situations in their ventures
  6. tendency to be
    productive and efficient with in a given period
    of time
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15
Q

Traits of an Entrepreneur

A
  1. Risk-takers
  2. Flexible
  3. Knowledgeable
  4. Independent
  5. Energetic
  6. Creative
  7. Dynamic leader
  8. Responsive to suggestions or criticisms
  9. Resourceful
  10. Initiators
  11. Persistent
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16
Q

Entrepreneurship is an “act of establishing a new
venture”

A

Christensen et al, (2000, p.4)

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17
Q

Entrepreneurship can also be considered as the
function through which growth and development can
be achieved without commencing a new business
venture. It offers a process by which people either
inside the companies or on their own, look for
prospects without regard to the resources they
presently control.

A

(Stevenson et al, 1989; Stevenson
& Jarillo, 1990)

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18
Q

“an entrepreneurial organization is that
which pursues opportunity, regardless of resources
currently controlled”

A

Stevenson & Jarillo (1990,
p.23).

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19
Q

“Entrepreneurship is the creation of organizations.
What differentiates entrepreneurs from non-entrepreneurs is that ___. In
behavioral approaches to the study of
entrepreneurship, an entrepreneur is seen as a set
of activities involved in organization creation, while
in trait approaches an entrepreneur is a set of
personality traits and characteristics”

Gartner (1988,
p.11)

A

entrepreneurs create
organizations, while non-entrepreneurs do not

Gartner (1988,
p.11)

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20
Q

Types of Entrepreneurship

A
  1. Achievement entrepreneur
  2. Salesman entrepreneur
  3. Technology entrepreneur
  4. Manager
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21
Q

These types of individuals are good in several
business related aspects and they try to
accomplish their objectives, whilst heading their
missions.

A

Achievement entrepreneur (Carsrud & Brannback, 2007)

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22
Q

They develop a proper vision for marketing and
sales practices to reach wider consumer groups.

A

Salesman entrepreneur

(Carsrud & Brannback, 2007)

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23
Q

Although these individuals possess good
analytical intelligence to make way through
several situations, however, at times their
missions can become a bit idealistic.

A

Technology entrepreneur

(Carsrud &
Brannback, 2007)

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24
Q

They have rich experiences, strong management
skills and possess strength in managing existing
businesses.

A

Manager

(Carsrud & Brannback, 2007)

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25
Q

encouraging people to discover high- risk, high-reward concepts with the support of a big
corporate organization.

A

Intrapreneurship

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26
Q

function inside any type of
organizations such as government agencies,
non- profit organizations, self- employed antities
and even cooperatives- whether big or small and
want to produce something of value.

A

Intrapreneurship Inside

27
Q

a type of license brought by an entrepreneur as
the franchisee from an existing branded
business (Franchisor)so that they may do
business under the name of said brand. The
license serves as the right to open the business
using the business’ proven model and system,
pricing, products and promotional tactics. The
franchisee has also the complete access to the
brand’s logos, slogans, signage’s and other
things related to it

A

Buying a Franchise

28
Q

buys out the existing owner
and takes the mgt. and operations of the small
business. The new owner may be able to
acquire valuable patents or copyrights and have
the opportunity to drive an unprotected business
in an exciting direction with his expertise.

A

Buying a Small Business

29
Q

pursuing innovative applications that have the
likelihood of solving community- based problems
with entrepreneurs choosing to pursue projects
which impact the social or economic areas,
making it possible to solve social problems while
at the same time make profit to make the
business economically stable.

A

Social Entrepreneurship

30
Q

usually handed down from generation to
generation giving each generation an
opportunity to be innovative in their own way

A

Family Business

31
Q

constantly crops up with
fresh ideas and starts new business, repeatedly
taking on the challenge of initiating and putting
up a business.

A

Serial Entrepreneurship

32
Q

Entrepreneurship Process

A
  1. Identify an opportunity
  2. Establish a vision
  3. Persuade others
  4. Gather resources
  5. Create new venture, product or market
  6. Change/adapt with time
33
Q

Entrepreneurship offers several opportunities and some
of those opportunities are:

A

a. expansion of entrepreneurial activities
b. Integration in social and political fabrics
c. increasing economic situations in middle income
house-holds
d. increase in cross-border engagements and
market entry mechanisms
e. evolving trends in channel structures among the
developed world.
f. increased engagements in global markets
concerning social responsibility and ethics

(Ramachandran & Gokila, 2012).

34
Q

Contemporary markets offers several avenues for entrepreneurial activities

A
  1. seek information to
    understand the balance of trade relationships
    between the exports in potential markets and the merchandising imports
  2. conduct extensive
    research to understand the political aspects of the global economy to seek other outlines for strategic and operational aspects concerning barriers to enter a market
  3. understand the developments of any domestic market of a country and comprehend how these nations protect their industry by establishing tariffs, quotas, boycotts, non-tariff, monetary and market barriers

(Ramachandran & Gokila, 2012)

35
Q

Entrepreneurial Challenges

A
  1. Knowledge gap between the developed,
    emerging, frontier and under developed
    markets for conducting business
  2. Difference in accounting systems in several
    countries
  3. Variable rates of return
  4. Non-convertibility of the currencies
  5. Communication gaps
  6. Language barriers
36
Q

Some other challenges commonly
found in entrepreneurship:

A
  1. Political unrest and legal concerns
  2. Cultural differences
  3. Discrepancies in the use of technology
  4. Complexity in the markets
  5. Supply chain concerns
  6. Lack of specific infrastructure in some
    countries or regions
  7. Financial markets and their volatility
37
Q

An initiative of DOLE, in collaboration with:

A
  1. ON-PRC
  2. DO
  3. PNA
  4. UPCN
  5. OHNAP and
  6. other government and non-government entities, and academic institutions to promote nurse entrepreneurship in the Philippines
  • reduce the cost of health care
  • maximize employment opportunities
  • for health for the delivery of public health
    services and the achievement of the country’s
    Millennium Development Goals
38
Q

PROJECT BENEFICIARIES

A
  1. HMO members
  2. PhilHealth members
  3. Self-paying patients
  4. Convalescent patients
  5. Patients needing long-term treatment
  6. Elderly
  7. Occupationally disabled
  8. Identified poor rural communities, and
  9. Unemployed nurses.
39
Q

A person shall be deemed to be practicing nursing within the meaning of this Act when he/she singly or in collaboration with another, initiates and performs nursing services to individuals, families and communities in any health care setting. It includes, but not limited to, nursing care during conception, labor, delivery, infancy, childhood, toddler, preschool, school age, adolescence, adulthood, and old age. As independent practitioners, nurses are primarily responsible for the promotion of health and prevention of illness

A

ARTICLE VI, RA 9173 NURSING PRACTICE
Section 28. Scope of Nursing

40
Q

A person shall be deemed to be practicing nursing within the meaning of this Act when he/she, for a fee, salary or other reward or compensation, singly or in collaboration with another, initiates and performs nursing services to individuals, families and communities in various stages of development
toward the promotion of health, prevention of
illness, restoration of health, and alleviation of
suffering.

A

ARTICLE V, RA 7164 NURSING PRACTICE
Section 27, Scope of Nursing

41
Q

These services will be compensated by:

A
  • LGU
  • Philhealth
  • HMOs
  • Patients themselves on a per visit basis,
    or
  • From grants from local and foreign
    donors
  • Congressmen’s and Senator’s Priority
    Development Funds shall also be
    tapped.
42
Q

The popular saying, “___” is not
only an attempt at dark humor but reflects a
reality that the overwhelming majority of Filipinos
simply cannot afford quality health care.

A

Bawal Magkasakit

43
Q

In one report of one of our nurses under ___, a pregnant woman died under his watch
simply because the upland town lacked oxygen supplies.

A

Project NARS

44
Q

The DOLE’s Project NARS has provided
temporary employment for ___ nurses all
over the country in ___ poverty-stricken
municipalities.

A

10,000 & 1,000

45
Q

*overall management
*financial assistance
*assist the
nurses organize themselves into
cooperatives or associations

A

DEPARTMENT OF LABOR AND EMPLOYMENT
(DOLE)

46
Q
  • overall management
  • financial assistance
  • assist the nurses organize themselves into cooperatives or associations
A

DEPARTMENT OF LABOR AND EMPLOYMENT
(DOLE)

47
Q
  • formulation or reform of health policies
  • referring patients
A

DEPARTMENT OF HEALTH (DOH)

48
Q
  • include home and rehabilitation services as part of its package of benefits for Philhealth members
  • Pay for or reimburse home health care services of nurses’ cooperatives registered with the CDA under this Project.
A

PHILIPPINE HEALTH CORPORATION
(PHILHEALTH)

49
Q
  • Promote nurse entrepreneurship
  • Design and implement an Enterprise
    Development Training Course
A

BOARD OF NURSING-PROFESSIONAL
REGULATION COMMISSION (BON-PRC)

50
Q
  • Research and formulate costing standards
  • Formulate metrics in evaluating socio-economic impact of the project
  • Conduct evaluation
A

UNIVERSITY OF THE PHILIPPINES COLLEGE OF
NURSING AND PHILIPPINE NURSES ASSOCIATION (UPCN AND PNA)

51
Q
  • Shall promote the concept of nurse entrepreneurship
  • funding grants from abroad,
    particularly its overseas chapters
A

PHILIPPINE NURSES ASSOCIATION (PNA)

52
Q
  • Shall promote the concept of nurse entrepreneurship
  • funding grants from abroad,
    particularly its overseas chapters
A

PHILIPPINE NURSES ASSOCIATION (PNA)

53
Q
  • Refer qualified patients
  • Train nurse cooperative members
A

OCCUPATIONAL HEALTH NURSES ASSOCIATION
OF THE PHILIPPINES (OHNAP)

54
Q
  • register nurses’ cooperatives
  • Train them on cooperativism
A

COOPERATIVES DEVELOPMENT AUTHORITY
(CDA)

55
Q

promote the Project among HMOs

A

INSURANCE COMMISSION (IC)

56
Q
  • Identify the barangays which are most in
    need of health care services
  • Pay for the services of the project’s nurses’
    cooperatives on a per visit basis
A

LGUs AND OTHER SPONSORING AGENCIES OR
ORGANIZATIONS

57
Q

“EntrepreNurse hopes to address public health needs for nursing services and at the same time create a testing alternative model for the nurses to remuneration outside their traditional mode of employment. This project will push the boundaries of nursing practice in the Philippines.”

A

Dr. Josefina Tuazon, UPCN

58
Q

“We foresee that the impact of this initiative will be in the public health realm, in addressing the many health concerns of poor, rural communities.”

A

Usec. Carmelita Pineda, DOLE
Focal Person Project NARS & Project
EntrepreNurse

59
Q

“Nurses will not remain employees all
throughout their career life, so they must bear
the challenges of the economic situation. This
initiative will change the face of nursing in the
country.”

A

Mr. Marco Antonio Santo Tomas,
BON-PRC

60
Q

“I would like to manifest to all of you that Davao Oriental is giving on all out support for this initiative.”

A

Gov. Corazon Malanyaon, Davao
Oriental

61
Q

“This project is going to be able to serve not just our personal and professional needs but also the needs of our countrymen who need our services.”

A

Sec. Esperanza I. Cabral, DOH

62
Q

“Each of you will be proud to say, that this
project was conceived, was developed, and was born here in Davao”

A

Sec. Marianito D. Roque,
DOLE

63
Q

What can you do to help?

A
  • SEND two or three or a hundred nurses for six months to a poor rural community and see the tremendous impact.
  • ADOPT a nurse cooperative and help sustain
    the mission of hundreds of public health
    advocates.
  • DONATE to a nurse cooperative.
  • OUTSOURCE the delivery of your health care
    services to a nurse cooperative.