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entrepreneurship > prelim > Flashcards

prelim Flashcards

1
Q

entrepreneurship started in

A

france

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2
Q

entrepreneurship started after

A

french revolution

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3
Q

the word entrepreneur was coined by _ a french economist

A

jean batiste say

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4
Q

promotes doing something different rather than making the existing better

A

entrepreneurship

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5
Q

he said that entrepreneurship provides a dynamic disequilibria brought about by the innovative entrepreneur that brings a healthy economy

A

joseph schumpeter

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6
Q

facebook

A

mark zuckerberg

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7
Q

apple

A

steve jobs

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8
Q

the house laurel in makati

A

rajo laurel

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9
Q

mcdonald’s philippines

A

george yang

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10
Q

bench

A

ben chan

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11
Q

national bookstore

A

socorro ramos

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12
Q

swift foods inc

A

jose concepcion jr

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13
Q

former secretary of trade and industry

A

jose concepcion jr

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14
Q

jollibee

A

tony tan caktiong

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15
Q

megaworld corporation

A

andrew tan

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16
Q

emperador distillers

A

andrew tan

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17
Q

3rd most richest in the philippines

A

andrew tan

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18
Q

308th most richest in the world

A

andrew tan

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19
Q

jg summit holdings

A

john gokongwei jr

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20
Q

universal robina corporation

A

john gokongwei jr

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21
Q

5th most richest in the philippines

A

john gokongwei jr

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22
Q

asia brewery

A

lucio tan

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23
Q

tanduay holdings

A

lucio tan

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24
Q

lucio tan bought the century park hotel in

A

1985

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25
Q

2nd most richest in the philippines

A

lucio tan

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26
Q

307th most richest in the world

A

lucio tan

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27
Q

sm malls

A

henry sy

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28
Q

philippines’ retail king

A

henry sy

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29
Q

most richest in the philippines

A

henry sy

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30
Q

94th richest in the world

A

henry sy

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31
Q

an act of building and creating a business enterprise

A

entrepreneurship

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32
Q

the process of doing something new and something different for the purpose of creating wealth for the individual and adding value to society

A

entrepreneurship

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33
Q

a french word means innovative

A

entrepreneur

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34
Q

meaning of entrepreneur in french

A

innovative

35
Q

someone who creates a new opportunity in the world of business

A

entrepreneur

35
Q

people who considering as inventor in the eearly days

A

entrepreneur

36
Q

people who created new things or modified old things into new ones

A

entrepreneur

37
Q

benefits of entrepreneurship

A
  • creates employment
  • improves quality of life
  • contributes to more equitable distribution of income and therefore eases social unrest
37
Q

an individual who takes risk

A

entrepreneur

37
Q

resources necessary to successfully exploit opportunity

A

money
people
organization

38
Q

risks of entrepreneurship

A
  • risk of failure
  • unpredictable business conditions
  • long hours of work
  • unwanted or unexpected responsibilities
39
Q

rewards of entrepreneurship

A
  • have unlimited opportunity to make money
  • be your own boss
  • tap your creativity
  • overcome challenges and feel fulfilled
40
Q

categories of enterprises

A
  • micro enterprise
  • small enterprise
  • medium enterprise
  • large enterprise
41
Q

asset size less than 3 million

A

micro enterprise

42
Q

asset size over 3 million to 15 million

A

small enterprise

43
Q

asset size over 15 million to 100 million

A

medium enterprise

44
Q

asset size over 100 million

A

large enterprise

45
Q

operating boundaries can carry out their affairs while at the same time protecting the interest of cons

A

fair trade law

46
Q

recognizes the special role of women in developmental and supports women entrepreneurship

A

R.A. 7882

47
Q

an act providing assistance to women

A

R.A. 7882

48
Q

business name registration

A

R.A. 3883

49
Q

protects the use of its registered name, goodwill, and patronage that it represents

A

R.A. 3883

50
Q

reserves the business of direct selling it the ultimate consumer to 100% filipino owners

A

reatil trade act of 1954

51
Q

lowering the tariff structure to encourage technology innovations amonf SME’s by lowering the cost of imported equipment

A

E.O.’s 264 & 288

52
Q

omnibus investment code

A

E.O. 266

53
Q

welcomes private investments whether local or foreign

A

E.O. 266

54
Q

incentives are given to economically desirable projects listed in the annual investment priorities plan

A

E.O. 266

55
Q

decentralization of services to the regions and increasing participation of the local government

A

decentralization / localization

56
Q

entrepreneurs often use their own savings to fund their ventures

A

personal savings

56
Q

include money saved from previous jobs or investments

A

personal savings

57
Q

raise funds from friends and family members

A

friends and family

58
Q

cab be done through a loan or an entity investment in the business

A

friends and family

59
Q

are wealthy individuals who invest in early-stage startups

A

angel investors

60
Q

they provide capital in exchange for an equity stake in the company

A

angel investors

61
Q

they invest in startups that have high growth potential

A

venture capital

62
Q

provide larger amounts of capital than angel investors

A

venture capital

63
Q

provide mentorship and guidance to the entrepreneurs

A

venture capital

64
Q

forms of entrepreneurial capital

A

financial capital
human capital
social capital
intellectual capital
emotional capital

65
Q

entrepreneurs can also loans from banks or other financial institutions

A

bank loans

66
Q

entrepreneurs may be eligible from government agencies or non-profit organizations

A

grants

66
Q

these do not need to be repaid, but they often come with specific requirements or restrictions

A

grants

67
Q

these loans may be secured or unsecured

A

bank loans

68
Q

they may require collateral or a personal guarantee from the entrepreneur

A

bank loans

69
Q

most common sources of capital

A

personal savings
friends and family
angel investors
venture capital
bank loans
grants

70
Q

can be developed through education and training, work experience, and networking

A

human capital

70
Q

the money invested b an entrepreneur to start and grow a business

A

financial capital

71
Q

the ideas, inventions, and intellectual property that an entrepreneur creates

A

intellectual capital

71
Q

can come from personal savings, loans, or investments from friends, family, or investors

A

financial capital

71
Q

the knowlegde, skills, and experience

A

human capital

72
Q

the relationships and networks that an entrepreneur has built

A

social capital

73
Q

can provide access to resources such as funding, customers, and suppliers

A

social capital

74
Q

can be protected through patents, trademarks, and copyrights

A

intellectual capital

75
Q

the passion, drive, and resilience

A

emotional capital

76
Q

thus is essential for overcoming obstacles and persisting through the challenges of starting and growing business

A

emotional capital

entrepreneurship (1 decks)

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