p.35
Practicing Time Management
Why is concise communication important in interactions with clients, partners, peers, and prospects?
To ensure clarity and effectiveness in communication.
p.15
Factors Affecting Entrepreneurship
What is the Assumption of Risk?
The legal doctrine that a person may not recover for an injury or loss suffered as a result of a risk they willingly took.
p.53
Career Opportunities for Entrepreneurship Graduates
What do companies rely on recruiters for?
To find people with people-savvy and in-depth business sense.
p.36
Factors Affecting Entrepreneurship
What are the benefits of growing a network in entrepreneurship?
Facilitating business opportunities, partnership deals, finding subcontractors or future employees, expanding PR horizons, and conveying the right message.
p.3
Factors Affecting Entrepreneurship
What are the two factors affecting entrepreneurship?
Personality Factors and Environmental Factors.
p.38
Factors Affecting Entrepreneurship
What is branding in the context of entrepreneurship?
Building a consistent personal and business brand tailored to the right audience.
p.43
Functions of an Entrepreneur
What is mid-level management?
Mid-level management refers to the managers who are responsible for implementing the strategies and policies set by top-level management and overseeing the work of lower-level managers.
p.11
Environmental Factors Relating to Entrepreneurship
What are the four environmental factors relating to the conditions in which an entrepreneur has to work?
Economic conditions, social norms, technological advancements, and legal regulations.
p.29
Skills and Core Competencies in Entrepreneurship
What are entrepreneurial skills?
Skills required for identifying opportunities, taking calculated risks, and managing resources effectively.
p.13
Functions of an Entrepreneur
What is a function of an entrepreneur that involves driving economic growth?
Catalyst of economic development.
p.17
Career Opportunities for Entrepreneurship Graduates
How many stalls does Potato Corner have today?
More than 550 stalls in the Philippines and around the world.
p.14
Functions of an Entrepreneur
What is the advantage of hydrogen fuel according to Noli Dazo?
It has around three times the power as standard diesel or petrol.
p.31
Practicing Time Management
What are the key elements of time management?
Careful priority planning, defining milestones, execution, and iteration.
p.23
Types of Entrepreneurs
What are the characteristics of Fabian entrepreneurs?
They are skeptical about changes and do not initiate inventions but follow after they are satisfied with its success rate.
p.52
Career Opportunities for Entrepreneurship Graduates
What career opportunity is available for entrepreneurship graduates in the education sector?
Teaching the applied subject in Senior High School and teaching students entrepreneurial skills.
p.47
Career Opportunities for Entrepreneurship Graduates
What is the role of a business consultant?
To go to a client site, identify problems, and fix them.
p.34
Functions of an Entrepreneur
Why is determination important in entrepreneurship?
It is instrumental in building a business from scratch.
p.14
Career Opportunities for Entrepreneurship Graduates
How does Noli Dazo's invention benefit drivers?
It would be beneficial to drivers who particularly operate jeepneys and tricycles.
p.2
Skills and Core Competencies in Entrepreneurship
What are the essential skills that an entrepreneur should possess?
Essential skills for an entrepreneur include leadership, creativity, adaptability, financial management, and networking.
p.9
Environmental Factors Relating to Entrepreneurship
What are social forces in society?
Elements resulting from human interactions that can influence thoughts, behavior, attitude, actions, beliefs, and customs of the people.
p.21
Differentiating Innovative Entrepreneur from Imitating Entrepreneur
What are the characteristics of innovative entrepreneurs?
They have the ability to think newer, better, and more economical ideas of business organization and management.
p.49
Functions of an Entrepreneur
What is the purpose of research and development?
To create new products, services, or improve existing ones.
p.11
Personality Factors of an Entrepreneur
Who can give at least one personality factor of an entrepreneur?
An entrepreneur should have a high tolerance for risk.
p.24
Types of Entrepreneurs
How do drone entrepreneurs approach business?
As die-hard conservatives even ready to suffer business losses.
p.54
Career Opportunities for Entrepreneurship Graduates
What is the basis for directly practicing entrepreneurial traits in starting a new business or venture?
The graduate can apply their creativity, risk-taking, and innovation in creating and managing their own business.
p.2
Factors Affecting Entrepreneurship
What are the factors affecting entrepreneurship?
Various factors such as economic, social, cultural, and environmental factors can affect entrepreneurship.
p.18
Functions of an Entrepreneur
What products did Hen Lin offer 30 years after its opening?
Hopia, noodles, congee, rice toppings, and breakfast food.
p.17
Skills and Core Competencies in Entrepreneurship
What skills did Joe Magsaysay possess that led to his involvement in Potato Corner?
His background and skills in store management.
p.25
Types of Entrepreneurs
What are social entrepreneurs?
Individuals who address social issues and create positive change in society through innovative solutions.
p.49
Factors Affecting Entrepreneurship
What does R&D stand for?
Research and Development.
p.32
Skills and Core Competencies in Entrepreneurship
What is strategic thinking?
Learning to decompose a problem to its core and reveal opportunities for growth.
p.8
Factors Affecting Entrepreneurship
What are economic forces in the context of entrepreneurship?
Factors primarily caused by changes or movements in the economy of a specific country.
p.16
Skills and Core Competencies in Entrepreneurship
What additional skills did Angelo Casimiro incorporate into his inventions?
Filming, photography, and lighting.
p.34
Personality Factors of an Entrepreneur
What does eagerness to fight the same dragon every morning signify in entrepreneurship?
It signifies determination and resilience in facing challenges.
p.29
Career Opportunities for Entrepreneurship Graduates
What job opportunities are available for entrepreneurship as a career?
Opportunities in business development, consulting, venture capital, and startup management.
p.2
Career Opportunities for Entrepreneurship Graduates
What are the career opportunities for entrepreneurship graduates?
Career opportunities for entrepreneurship graduates include business owner, consultant, venture capitalist, business development manager, and social media manager.
p.42
Career Opportunities for Entrepreneurship Graduates
What are some career opportunities for entrepreneurship graduates?
Mid-level management, management analyst, business consultant, sales, research and development, teacher, recruiter, business reporter.
p.50
Skills and Core Competencies in Entrepreneurship
What qualifications are important for working in Research and Development (R&D)?
Training and education on understanding business concepts, procedures, practices, and entrepreneurship.
p.27
Differentiating Innovative Entrepreneur from Imitating Entrepreneur
Who can differentiate an Innovative Entrepreneur from an Imitating Entrepreneur?
Entrepreneurship experts and business analysts.
p.54
Career Opportunities for Entrepreneurship Graduates
What career opportunities for entrepreneurship graduates allow direct practice of entrepreneurial traits?
Starting a new business or venture.
p.14
Differentiating Innovative Entrepreneur from Imitating Entrepreneur
Who is Noli Dazo?
The inventor of 'Tubig na Gasoline' or 'Dazo Water Fuel Hydrogen'.
p.26
Types of Entrepreneurs
What do social entrepreneurs pursue?
Novel applications with the potential to solve community-based problems.
p.30
Functions of an Entrepreneur
What is meant by 'refactoring' in the context of entrepreneurship?
Refactoring original business processes to improve and innovate.
p.26
Career Opportunities for Entrepreneurship Graduates
Give an example of social entrepreneurship.
Educational programs, microfinance institutions, providing banking services in underserved areas, helping orphaned children, etc.
p.19
Functions of an Entrepreneur
What are the functions of an entrepreneur?
Innovation, risk-taking, organization, management, and profit generation.
p.21
Differentiating Innovative Entrepreneur from Imitating Entrepreneur
What role do innovative entrepreneurs play in the economic development of a country?
They are the business leaders and contributors to the economic development of a country.
p.24
Types of Entrepreneurs
What are drone entrepreneurs?
Individuals satisfied with existing business activity and not inclined to gain market leadership.
p.40
Practicing Time Management
How can you practice time management?
By setting goals, prioritizing tasks, creating a schedule, avoiding multitasking, and delegating when necessary.
p.10
Environmental Factors Relating to Entrepreneurship
What is included in market situations?
Target market and competition.
p.48
Career Opportunities for Entrepreneurship Graduates
What career opportunities are available for entrepreneurship graduates in the sales field?
They can work in sales or run the sales department of any businesses.
p.29
Skills and Core Competencies in Entrepreneurship
What is the concept of core competencies in entrepreneurship?
Distinctive capabilities that provide a competitive advantage in the practice of entrepreneurship.
p.5
Environmental Factors Relating to Entrepreneurship
What are some environmental factors that relate to entrepreneurship?
Political climate, legal system, economic and social conditions, market situations.
p.51
Career Opportunities for Entrepreneurship Graduates
What is the role of a Management Analyst?
To analyze and evaluate operating procedures and make recommendations based on their findings.
p.37
Factors Affecting Entrepreneurship
What is the importance of finance management for a business?
It can make or break a business.
p.39
Factors Affecting Entrepreneurship
What is an important aspect of sales strategy?
Finding the right sales channels that convert better and investing heavily in developing them.
p.30
Functions of an Entrepreneur
What is one of the tasks of great entrepreneurs?
Discovering new problems and revealing potential niche opportunities.
p.16
Entrepreneurial Traits in Career Opportunities
How does Angelo Casimiro approach learning and applying knowledge?
He keeps on learning and tries to apply his newly gained knowledge into his projects.
p.6
Factors Affecting Entrepreneurship
Why is political stability important for economic activity?
Political stability is essential for smooth economic activity.
p.22
Differentiating Innovative Entrepreneur from Imitating Entrepreneur
Why do imitating entrepreneurs imitate innovative entrepreneurs?
Because the environment in which they operate does not permit them to have creative and innovative ideas on their own.
p.44
Career Opportunities for Entrepreneurship Graduates
What is the role of mid-level management in big companies?
To convert ideas into execution.
p.34
Skills and Core Competencies in Entrepreneurship
What is resilience in the context of entrepreneurship?
It involves handling rejections, stress, burnouts, lack of focus, and slow progress.
p.8
Factors Affecting Entrepreneurship
How do economic forces affect entrepreneurial ventures?
They have direct or indirect effects on the entrepreneurial venture.
p.47
Skills and Core Competencies in Entrepreneurship
What are entrepreneurship graduates trained to do?
Help identify things that others may not pick up and know how to fix them.
p.48
Skills and Core Competencies in Entrepreneurship
What skills are required for entrepreneurship graduates in the sales field?
They need to know how to represent a company, manage accounts, and follow up on leads.
p.2
Types of Entrepreneurs
What are the 5 types of entrepreneurs?
The 5 types of entrepreneurs are small business entrepreneurs, scalable startup entrepreneurs, large company entrepreneurs, social entrepreneurs, and lifestyle entrepreneurs.
p.22
Differentiating Innovative Entrepreneur from Imitating Entrepreneur
What are imitating entrepreneurs?
People who follow the path shown by innovative entrepreneurs.
p.10
Environmental Factors Relating to Entrepreneurship
What does market situations refer to?
The state of the business environment within a country or industry.
p.44
Career Opportunities for Entrepreneurship Graduates
Who is well suited for mid-level management roles in big companies?
Graduates with entrepreneurial degrees.
p.13
Functions of an Entrepreneur
What is a function of an entrepreneur that involves improving and creating new products or services?
Development of management skills.
p.14
Factors Affecting Entrepreneurship
What did Noli Dazo invent?
A way to make a vehicle run using nothing but water.
p.26
Environmental Factors Relating to Entrepreneurship
What are the focus areas of social entrepreneurs?
Producing environment-friendly products, serving an underserved community, or focusing on philanthropic activities.
p.20
Types of Entrepreneurs
What are the different types of entrepreneurs?
1. Innovative entrepreneurs 2. Imitating entrepreneurs 3. Fabian entrepreneurs 4. Drone entrepreneurs 5. Social entrepreneurs.
p.11
Factors Affecting Entrepreneurship
What are the two factors affecting entrepreneurship?
Market conditions and government policies.
p.4
Skills and Core Competencies in Entrepreneurship
What are some of the personal factors considered as core competencies for an entrepreneur?
Initiative, Proactive, Persistent, Problem-Solver, Persuasion, Self-critical, Self-confidence, Planner, Risk-taker.
p.16
Differentiating Innovative Entrepreneur from Imitating Entrepreneur
What did Angelo Casimiro invent?
Electricity-generating shoes.
p.17
Functions of an Entrepreneur
What did Joe Magsaysay do before co-founding Potato Corner?
He worked as a manager handling five stores at a fast food chain.
p.26
Functions of an Entrepreneur
What is the main goal of a social entrepreneur?
To implement widespread improvements in society.
p.14
Environmental Factors Relating to Entrepreneurship
How does Dazo's innovation compare to gasoline or diesel?
It is more powerful and cleaner compared to gasoline or diesel.
p.37
Functions of an Entrepreneur
What is a solid requirement for entrepreneurs in handling resources?
Carefully assessing investments compared to ROI.
p.2
Functions of an Entrepreneur
What are the functions of an entrepreneur?
Functions of an entrepreneur include innovation, risk-taking, organizing resources, and decision-making.
p.30
Factors Affecting Entrepreneurship
What is a crucial aspect of entrepreneurship related to discovering new problems and innovating?
Curiosity and the drive to innovate.
