NSTP Flashcards

1
Q

He is an entrepreneur within an existing organization, referred to as the corporate entrepreneur

A

Entrepreneur

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2
Q

Includes all agents, repairmen, brokers, accountants, and physicians who operate alone or with only few employees and perform work personally

A

Solo Self-Employed Individual

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3
Q

Include highly knowledgeable businessmen engaged in various forms of trades frequently, directly or indirectly related to their line of work.

A

Dealers to Dealers

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4
Q

Individuals who go on building larger companies using hiring and delegation

A

Team Builders

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5
Q

Include persons who hit upon ideas for better products or services and then create companies to develop, produce and sell these products.

A

Independent Innovators

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6
Q

Entrepreneurs who spot an effective business patterns quite possibly originated by someone else, and multiply it to realize profits.

A

Partner Multipliers

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7
Q

Entrepreneurs who locate their business in lower rent and tax areas

A

Economy of Scale Exploiters

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8
Q

Smart entrepreneurs who use their experience and expertise in pooling a group of financiers to engage in a business

A

Capital Aggregators

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9
Q

Entrepreneurs who acquire businesses

A

Acquirers

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10
Q

They include pure inventors who really developed their own product or invention and take care of marketing them.

A

Independent Investors

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11
Q

They include wise guys referred to as corporate raiders and brokers who turn around, sell and liquidate.

A

Buy and Sell Artists

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12
Q

It is simply something an entrepreneur has already conceptualized or imagined, painting a more or less clear picture in his mind, giving him a clear plan of action.
In other words, an idea is a clear blueprint in the entrepreneur’s mind.

A

Idea

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13
Q

are the basic inputs that the entrepreneur uses to come up with his

A

raw materials

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14
Q

refers to the buildings, machinery, equipment and tools used in the course of production.

A

capital

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15
Q

The place where all of these physical factors are found is generally called a _

A

Plant

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16
Q

Having all these things allows the entrepreneur to have what he calls a

A

business enterprises

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17
Q

When these inputs are transformed into outputs or what we call as?

A

finished products

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18
Q

is simply the buyers and users of the entrepreneur’s product.

A

Market

19
Q

people who buy the product are called

A

customers

20
Q

people who use the product are called

A

consumers or end-users.

21
Q

according to__, ___is integrating a framework within which each of the functional plans may be tied together and an over-all plan is developed for the entire organization.

A

George Steiner
Planning

22
Q

Know that the future is not certain; the further are the project in the future, the more difficult it is to make decisions. Planning allows organization to determine the constraints, specify the objectives, select the number of options, monitor and control the implementation.

A

To off - set uncertainty and change.

23
Q

Planning is directed towards achieving objectives. In this way, it unifies the activities of the different parts of an organization to act as one party.

A

to focus attention on objectives.

24
Q

Planning minimize costs. Its emphasis is on efficient and effective operations and consistency of procedures and methods.

A

To gain economical and efficient operation.

25
Q

Managers cannot always check on the accomplishments or failures of their subordinates. It is important to have goals against which to measure the performance of people and units.

A

To facilitate control.

26
Q

In spite of the dynamic nature of most businesses, they are
nevertheless susceptible to marked changes and development so much so that if they are unable to meet and sold them, many aspects of its operations may become seriously impaired.

A

Conditions

27
Q

planning, the executive face a span of time within which to carry out the plans into execution.

A

Time factor

28
Q

The best of plan would be unproductive of good results in the absence of available resources that the business enterprise need for its continuous operation. A lack of raw materials from one time to another could cause a lag in production just as the business could lose the market.

A

Resources Available

29
Q

One of the common causes behind the failure of planning as a process and moreover, as a function of management is the absence of total involvement on the part of all levels in the planning process.

A

Skills and attitudes of management.

30
Q

In a country which does not sanction the existence of private free enterprise, most planning is done by the government.

A

Political, social and environmental conditions.

31
Q

Modern production is anchored on the betel use of existing plans and equipment through improved science and technology. Manpower requirement are duly considered in an organizational plan of operations, the same is true with the physical facilities that are needed for such purpose.

A

physical facilities

32
Q

is a key tool to strategic planning process which can be a useful approach to planning.

A

SWOT

33
Q

internal positive aspects that are under control and upon which you may capitalize in planning.

A

Strength

34
Q

It refers to internal negative aspects that are under your control and that you may plan to improve.

A

Weaknesses

35
Q

it refers to positives external conditions that you do not control but of which you can plan to take advantages.

A

Opportunities

36
Q

refers to negative external condition that you do not control but they affect and of which you may be able to lessen.

A

Threat

37
Q

cited that every successful capital fund raising must have a CAUSE that is worthy and of far greater importance than the present specific needs of the institution

A

Chamala et. al. (1990)

38
Q

that is worthy and of far greater importance than the present specific needs of the institution; and/or “a cause greater than one’s own”;

A

cause

39
Q

which are genuine and can be explained in a convincing way so that the case for support is sound and practical, and has specific objectives that are attractive to the majority of potential members;

A

needs

40
Q

who are dedicated, willing to accept membership at the top level and are prepared to devote considerable time and effort to carry out the program and to enjoin new members;

A

leaders

41
Q

whose interest and imagination may be roused and cultivated to create the desire to support the cause

A

identifiable constituency

42
Q

of opinion which may be created, so that an informed constituency sill recognize that an appeal will satisfy a vital and urgent need….

A

favorable climate

43
Q

How to write a fundraising letter:

A

good news
Describe what you want to do next
List suggested contribution amounts
Remind readers that their contribution is your budget
Use P.S.’s for skimmers,

44
Q

Planning depends for its effectiveness on the quality and quantity of data involve in the planning process. Such information are data must be carefully organized, arranged and properly evaluated.

A

Collection and analysis of data.