Entreprenuership 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

“ ________ 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

“ 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

foundation and catalyst for economic growth and innovation

A

ENTREPRENEURSHIP

23
Q

are concrete manifestations of
entrepreneurship

A

SMALL AND MEDIUM ENTERPRISES (SME’s)

24
Q

SME’s account for developing countries

A

90%

25
Q

FRANK H. KNIGHT’S YEAR OF INFLUENCE

A

1921

26
Q

JOSEPH SCHUMPETER’S YEAR OF INFLUENCE

A

1934

27
Q

BERT F. HOSELITZ’S YEAR OF INFLUENCE

A

1952

28
Q

GEORGE DOUGLAS HOWARD COLE’S YEAR OF INFLUENCE

A

1959

29
Q

HAROLD SHAPERO’S YEAR OF INFLUENCE

A

1975

30
Q

DAVID MCCLELLAND’S YEAR OF INFLUENCE

A

1961

31
Q

MARK CASSON’S YEAR OF INFLUENCE

A

1982

32
Q

ROBERT RONSTADT’S YEAR OF INFLUENCE

A

1984

33
Q

PETER F. DRUCKER’S YEAR OF INFLUENCE

A

1985

34
Q

WILLIAM B GARTNER’S YEAR OF INFLUENCE

A

1985