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Review:Lesson1 Flashcards | StudBud
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Review:Lesson1
Review:Lesson1
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Let this quiz inspire your own quiz for formative assessment.
Flashcards
13 cards
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Questions
13
Answers
1
In his classic work he stated that
The role of entrepreneur brings new market, new product, new processes and etc.
Joseph Estrada
Willie Revillame
Joseph Schumpeter
Richard Cantollon
2
The
art
of observing correct practices in managing and operating a self-owned wealth- creating business enterprise.
Entprenurship
Entrepreneurship
Entreprendreship
Entrepreneur
3
Defines an entrepreneur as a person who organizes, operates, and assumes the risk of a business venture.
American idol dictionary
Investopedia
Richard Cantonllon
American heritage desk dictionary
4
The term "Entrepreneur" originates from the french word ____________
Entreprendre
Entrepresh
Antrepre
Intreprendre
5
Entrepreneurship applies to all business sectors.
True
False
6
AN ACT TO PROMOTE THE ESTABLISHMENT OF BARANGAY MICRO BUSINESS ENTERPRISES (BMBEs)
RA 9178
RA 9175
RA 9176
RA 9179
7
Which of the following is
not
a feature of entrepreneurship
It is an art of correct practices
There is no universally accepted definition of entrepreneurship
it is a risk-taking venture.
it provides valuable goods and services
8
Entrepreneurship applies only to a good economy.
False
True
9
An Irish-French economist, widely credited with defining entrepreneurship and entrepreneurs
Richard Cantillon
Romeo Cantonese
Raphael Roberto
Richard Gomez
10
Entrepreneurship applies only to small businesses
False
True
11
Entrepreneurship applies to all aspiring business owners that are willing to take a risk in starting a business venture.
False
True
12
The first academic use of the word "Entrepreneurship" by an economist was
likely
in _______
1400
1891
1730
1650
13
Entrepreneurship creates job opportunity
True
False
