ENTREPRENEURSHIP Flashcards

1
Q

The word ‘entrepreneur’ originated from the French word ‘_________’ which means to ‘_____’

A

entreprendre, undertake

The term also refers to a person who starts or undertakes a business and is willing to risk loss to make money.

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2
Q

What does ‘entrepreneurship’ mean?

A

The capacity and willingness to develop, organize, and manage a business along with the risks involved to make a profit.

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3
Q

Who co-founded Google?

A

Sergey Brin and Larry Page.

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4
Q

What significant recognition did Sergey Brin receive in 2002?

A

Named one of the top 100 innovators in the world under the age of 35.

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5
Q

What is the estimated net worth of Sergey Brin as of June 2018?

A

US$521 billion.

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6
Q

Co-founder and former CEO of YouTube.

A

Chad Hurley

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7
Q

What company did Chad Hurley co-found and sell to Google in 2006?

A

YouTube.

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8
Q

Fill in the blank: Larry Page co-founded Google with _______.

A

Sergey Brin.

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9
Q

What degree did Larry Page earn from the University of Michigan?

A

Bachelor of Science in Computer Engineering.

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10
Q

What is Mark Zuckerberg best known for?

A

Co-founding and leading Facebook.

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11
Q

When was Facebook launched?

A

February 4, 2005.

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12
Q

What is the estimated net worth of Mark Zuckerberg as of April 19, 2018?

A

US$66.4 billion.

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13
Q

Who is Tony Tan Caktiong?

A

Founder, chairman, and CEO of Jollibee.

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14
Q

What significant step did Tony Tan Caktiong take at age 22?

A

Franchised with Magnolia Dairy Ice Cream and opened two ice cream parlors.

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15
Q

What company did Corazon Dayro-Ong found in 1975?

A

CDO Foodsphere, Inc.

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16
Q

What motivated Corazon Dayro-Ong to start her business?

A

Preparing snacks for her children that became popular in her neighborhood.

17
Q

How did Socorro Cancio-Ramos start National Bookstore?

A

By working as a salesgirl and later partnering with her husband.

18
Q

What core values contributed to Socorro Cancio-Ramos’s success?

A
  • Keep learning
  • Be actively involved in business
  • Read change and act on it
  • Never give up.
19
Q

What was Henry Sy’s first business venture?

A

Selling cheap shoes.

20
Q

What significant retail innovation did Henry Sy introduce in the Philippines?

A

The first Supermall in 1985.

21
Q

What is Alfredo Yao known for?

A

Formulating fruit juices and launching them successfully in 1980.

22
Q

Fill in the blank: Alfredo Yao believes that _______ is not a hindrance to success.