Entrepreneur Flashcards

1
Q

“ having _______ from bearing uncertainty and risk”

A

PROFITS

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2
Q

“ _______ bearing coordination of productive resources”

A

UNCERTAINTY

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3
Q

“_______ activity to initiate and develop a profit-oriented business”

A

PURPOSEFUL

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4
Q

“ taking ______ risk”

A

MODERATE

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5
Q

“It is a kind of _______ ”

A

BEHAVIOR

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6
Q

”decision and judgments about the coordination of _____ resources”

A

SCARCE

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7
Q

“ the process of creating _______ wealth”

A

INCREMENTAL

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8
Q

“ creation of new ________”

A

ORGANIZATIONS

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9
Q

“ ________ of creating something new”

A

PROCESS

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10
Q

“ pursuit of ________ without regard to resources currently controlled”

A

OPPORTUNITY

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11
Q

“ ______ process of vision, change, creation”

A

DYNAMIC

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12
Q
  1. “ _______ an opportunity to offer new or improved goods and services”
A

CONCEIVING

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13
Q

“ its foundation lies in _______ and theory rather than in intuition

A

CONCEPT

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14
Q

“ carrying out new ________ of firm organization”

A

COMBINATIONS

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15
Q
  1. “ introductions of innovation and provision of _______”
A

CAPITAL

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16
Q

SME’s account for developed countries

A

50%

17
Q
  • one of entrepreneurship’s mechanism that focuses on the whole process of the
    business
A

OPERATIONS

18
Q
  • mechanism in entrepreneurship that focus on product and service selling
A

SALES

19
Q

part of entrepreneurship’s mechanism that involves in promoting the institution’s
product and services

A

MARKETING

20
Q
  • the earliest form of entrepreneurship
A

BARTER SYSTEM

21
Q
  • it is seen as one of the key engines of economic growth
A

ENTREPRENEURSHIP

22
Q
  • it is perceived to be the symbol of business innovation determination
    perseverance and achievement
A

ENTREPRENEURSHIP

23
Q

foundation and catalyst for economic growth and innovation

A

ENTREPRENEURSHIP

24
Q

are concrete manifestations of
entrepreneurship

A

SMALL AND MEDIUM ENTERPRISES (SME’s)

25
Q

SME’s account for developing countries

A

90%