Nursing Entrepreneurship

Question 1

It is a process of identifying and starting a new business venture, sourcing and organizing the required sources and taking both risks and perks associated with the venture.

Answer 1

Entrepreneurship

Question 2

A person who makes money by starting or running a business especially when this involves taking financial risks.

Answer 2

Entrepreneur

Question 3

A business entity owned by two or more people who share the profits and josses.

Answer 3

Partnership

Question 4

Commits oneself to the venture
Find the right opportunity
Build successful teams
Make sure that execution is critical
It is not an easy path
Be aware of your impact
Be aware of your socio-economic roles

Answer 4

Principles of entrepreneurship

Question 5

Characteristics of a successful entrepreneur

Answer 5

Self-motivated
Creative
Intuitive
Authorative
Strong-willed

Question 6

Types of partnership

Answer 6

General partnership
Limited partnership
Joint partnership

Question 7

Assumes that liabilities, management and duties and profits are divided equally among partners

Answer 7

General partnership

Question 8

Allows partners to have limited liabilities as well as limited management decisions

Answer 8

Limited partnership

Question 9

Act as a general partnership in a certain period of time

Answer 9

Joint partnership

Question 10

Thus this is the structure of the company as to the organization, operational strategies, manpower, and required services.
How you intend to establish effective relationship towards your clientle.

Answer 10

Marketing plan

Question 11

Business and company, patent registration
Name should be legally accepted in the category
Above 18 yrs. old, with sound mind and has no declaration of bankruptcy in the Philippines and others countries.

Answer 11

Legal Framework

Question 12

It is the business association whose legal entity is separated from it’s owners. Wherein it continues to exist even an owner was incapacitated or after death or changes in the company members.

Answer 12

Company

Question 13

Types of Companies

Answer 13

Public Limited Companies (PLC)
Private Limited Companies by shares (ltd)

Question 14

Is a residence that is equipped and staffed to provide care for people with serious medical conditions

Answer 14

Nursing home

Question 15

Types of Nursing Homes

Answer 15

Maternity nursing home
Home for the critically ill/terminally ill
Home for the elderly
Home for the mentally ill
Convalescing home

Question 16

Refers to the legal ownership of a commercial enterprise e.g a nursing school or a nursing home

Answer 16

Proprietorship

Question 17

Means to “keep an eye on things”, ei. To ensure that ongoing activities are being implemented according to a pre-determined schedule or set of interventions

Answer 17

Monitoring

Question 18

Implies that activities are assessed periodically by both parties and beneficiaries to assess the impact as stated in the programme’s objective.

Answer 18

Evaluation

Question 19

Types of Monitoring

Answer 19

Input monitoring
Activity monitoring
Output monitoring
Impact monitoring

Question 20

It determines whether resources are being mobilised as planned for example funds

Answer 20

Input monitoring

Question 21

Types of Monitoring
Are being carried out as planned

Answer 21

Activity monitoring

Question 22

Whether services are being delivered

Answer 22

Output monitoring

Question 23

Explores what is working well or not in nursing enterprise

Answer 23

Impact monitoring