lesson 1 Flashcards

(18 cards)

1
Q

pertains to the actions of a risk taker, a creative person who venture into a new business or the
one who revives an existing business.

A

entrepreneurship

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2
Q

It is the act of creating a business or businesses while building and scaling it to generate a profit.

A

entrepreneurship

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3
Q

An important driver of economic growth and innovation.

A

entrepreneurship

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4
Q

an individual who creates a new business, bearing most of the risks and enjoying most of the rewards

A

entrepreneur

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5
Q

entre means

A

between

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6
Q

prendre means

A

to take

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7
Q

entrepreneur came from the French words

A

entre and prendre

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8
Q

people who own, operate
and take risk of a business venture.

A

entrepreneurs

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9
Q

Entrepreneurs identify unmet needs in the
marketplace. They provide a service or product to meet those needs.

A

entrepreneurs

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10
Q

difference of businessman and entrepreneur (businessman)

A

-starts a business from an existing idea
-traditional
-avoids taking risks
-profit oriented
-market player

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11
Q

difference of businessman and entrepreneur (entrepreneur)

A

-starts a business from a unique and innovative idea
-revolutionary
-risk taker
-people(customer) oriented
-market leader

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12
Q

Why Become an Entrepreneur?

A

Be their own boss
Pursue their own ideas
Pursue financial rewards

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13
Q

Societal and economic benefits of Entrepreneurship

A

-Entrepreneurship produces more jobs that equate to an increase in national income. Small businesses produce jobs and create wealth.
-Entrepreneurship
amplifies economic
activities of different
sectors of society.
-Entrepreneurship
introduces new and
innovative products and
services.
-Entrepreneurship
disperses the economic
power and creates
equality.
-Entrepreneurship improves people’s living standards.

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14
Q

Famous Entrepreneurs in
the Philippines

A

-Tony Tan Caktiong
-Henry Sy
-Lucio Tan, Sr.
-John Gokongwei, Jr.
-Corazon D. Ong
-Soccoro Ramos

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15
Q

jolly means

A

happy

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16
Q

bee means

17
Q

who owns jollibee foods corporation

A

tony tan caktiong

18
Q

Relevance of Entrepreneurship to SHS
Students

A

-It prepares students for an uncertain future.
-It will give you a room for creativity and collaboration.
-It teaches you on how to solve a problem and it helps you to assess and uncover your skills.