ENTREPRENEUR

Question 1

• French: enterprendre (undertake)
• brings resources, labor, assets into combination, making greater value
• driven by need to experiment, accomplish, escape authority of others
• finds better ways to utilize resources
• aggressive competitors

Answer 1

ENTREPRENEUR

Question 2

ENTREPRENEUR (PROS)

Answer 2

work for self
build your dreams
scale your income
be independent

Question 3

ENTREPRENEUR (CONS)

Answer 3

work to live dreams
discipline yourself
take a big risk
be aware you can fail
never 100% safe

Question 4

EMPLOYEE(PROS)

Answer 4

stick to schedule
stay in comfort zone
do your stuff = safe
good work = no worries

Question 5

EMPLOYEE(CONS)

Answer 5

work for someone else
build boss’s dreams
try to climb ladder
depend on your boss
work to live on weekend

Question 6

*Filipina comedian content creator/businesswoman
-Tea Talk, Viy Line, Don C
*“Habang bata, mag-start. Kapag nagkamali, may chance pang bumangon/back to zero”
*“Paikutin yung pera kesa nasa bangko lang”

Answer 6

VIY CORTEZ VELASQUEZ

Question 7

*Founder of Rosmar International
*Own makeup and skin care line
*“Hindi kayang gawin pero kapag para sa brand at customers, gagawin ko.”

Answer 7

ROSEMARIE PENAMORA TAN

Question 8

• Chief marketing officer of CreaTV Management Inc
• AquaFlask Ph Endorser/Quick Tires
• Ph content creator: millions of subscribers
• “Huwag abusuhin ang katawan at mahalin ang sarili kasi ito ang kayamanan natin.”

Answer 8

GAVIN CAPINPIN

Question 9

pursue new venture

Answer 9

ENTREPRENEURIAL PROCESS:

Question 10

effective or superior performance in a job

Answer 10

ENTREPRENEURIAL COMPETENCIES:

Question 11

: knowledge, skills, motive, attitude, habits

Answer 11

COMPETENCE

Question 12

• dynamic process of vision, change, creation
• requires application of energy, passion towards creation and implementation of ideas and creative solutions with willingness to take calculated risk

Answer 12

ENTREPRENEURSHIP

Question 13

HELPS US TO

Answer 13

• creates opportunity
• ensures social justice
• instills confidence
• stimulates economy
• take risks
• fail and to preserve
• become creative, inventive, innovative

Question 14

ROLES IN ECONOMIC DEVELOPMENT

Answer 14

• boosts per capita output and income
• stimulates product evolution process
• Initiates/constitutes changes in structure of business and society
• Interactive synthesis (trial and error): start product development

Question 15

14 ENTREPRENEURIAL COMPETENCIES

Answer 15

*INITIATIVE
*PERSISTENCE
*CONCERN FOR HIGH QUALITY *WORK
*INFORMATION SEEKING
*SEEING & ACTING ON *OPPORTUNITIES
*EFFICIENCY ORIENTATION
*COMMITMENT TO WORK **CONTRACT
*SELF-CONFIDENCE
*PERSUASION
*SYSTEMATIC PLANNING
*PROBLEM-SOLVING
*MONITORING
*ASSERTIVENESS
*CONCERN FOR OTHERS WELFARE

Question 16

take actions do things before asked

Answer 16

INITIATIVE

Question 17

efforts to overcome obstacles

Answer 17

PERSISTENCE

Question 18

compare, make all efforts/do things to meet existing standards

Answer 18

CONCERN FOR HIGH QUALITY WORK

Question 19

seek info/research

Answer 19

INFORMATION SEEKING

Question 20

develop

Answer 20

SEEING & ACTING ON OPPORTUNITIES

Question 21

express concern, constantly look for ways to do things faster/costless

Answer 21

EFFICIENCY ORIENTATION:

Question 22

accept full responsibility, extraordinary efforts/sacrifices

Answer 22

COMMITMENT TO WORK CONTRACT

Question 23

strong belief in own abilities

Answer 23

SELF-CONFIDENCE:

Question 24

convince, sell someone product or service, make someone agree to provide resources

Answer 24

PERSUASION

Question 25

break large tasks, develop plans, evaluate alternatives, logical approach

Answer 25

SYSTEMATIC PLANNING

Question 26

identify and strategize

Answer 26

PROBLEM-SOLVING

Question 27

supervise, smooth progress

Answer 27

MONITORING

Question 28

speak politely but firmly, tell clearly, reprimand fails, confront problems

Answer 28

ASSERTIVENESS

Question 29

respond positively for welfare of employees/their fam

Answer 29

CONCERN FOR OTHERS WELFARE: