FILIPINO VALUES FAVORABLE TO ENTREPRENEURSHIP (TLE) Flashcards

1
Q

Name all the Filipino values favorable to entrepreneurship.

A
  1. Aspiration and personal satisfaction
  2. Family and value-orientedness
  3. Postive outlook
  4. Practicality and common sense
  5. Passion for business
  6. Leadership and innovativeness
  7. Hark work
  8. Adventurism
  9. Confidence and self-reliance
  10. Preference to having a family business
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2
Q

The desire and aspiration to become wealthy or rich is the driving force of some Filipino entrepreneurs.

A

Aspiration and personal satisfaction

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3
Q

The Filipino entrepreneur puts premium first and foremost of his/her family.

A

Family and value-orientedness

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4
Q

Filipino entrepreneurs are optimistic individuals; they learn to accept challenges without reservation.

A

Positive outlook

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5
Q

Some of the most effective entrepreneurs in the Philippines are not necessarily those who have the best education or have an excellent academic performance. They use common sense in making decisions as they ensure they get bigger gains but use the lowest possible cost.

A

Practicality and common sense

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6
Q

Filipino entrepreneurs are passionate as they dwell mostly on things they like most. Compels them to learn about the products or services they offer to customers.

A

Passion for business

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7
Q

The most effective entrepreneurs are those with good leadership skills. They know how to lead, motivate, and influence their workers, business partners, and customers.

A

Leadership and innovativeness

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8
Q

Filipino entrepreneurs value time and effort more than leisure time. Their dedication in doing their business is definite.

A

Hard work

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9
Q

Filipinos are fond of exploring new things and taking risks to achieve their dreams and goals.

A

Adventurism

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10
Q

Neophyte Filipino entrepreneurs are hands-on and independent in undertaking in the nitty-gritty things of their business. They are practically able to do everything from finding the best suppliers, and etc…

A

Confidence and self-reliance

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11
Q

Entrepreneurs who run family businesses are observed to be successful as responsibilities are divided among the family members.

A

Preference to having a family busienss

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