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    Entrep Activity 1.2

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    Sheila Mae Malesido
    The document provides a quiz on entrepreneurship concepts for a 12th grade entrepreneurship class. It tests students' understanding of definitions and distinctions between entrepreneurs and ordinary business owners. Students are also asked to describe a business venture they would start and explain how they would approach it as an entrepreneur rather than just a business owner.

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    © All Rights Reserved
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    Entrep Activity 1.2

    Uploaded by

    Sheila Mae Malesido
    343 views2 pages
    The document provides a quiz on entrepreneurship concepts for a 12th grade entrepreneurship class. It tests students' understanding of definitions and distinctions between entrepreneurs and ordinary business owners. Students are also asked to describe a business venture they would start and explain how they would approach it as an entrepreneur rather than just a business owner.

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    entrep activity 1.2

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    The document provides a quiz on entrepreneurship concepts for a 12th grade entrepreneurship class. It tests students' understanding of definitions and distinctions between entrepreneurs and ordinary business owners. Students are also asked to describe a business venture they would start and explain how they would approach it as an entrepreneur rather than just a business owner.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    343 views2 pages

    Entrep Activity 1.2

    Uploaded by

    Sheila Mae Malesido
    The document provides a quiz on entrepreneurship concepts for a 12th grade entrepreneurship class. It tests students' understanding of definitions and distinctions between entrepreneurs and ordinary business owners. Students are also asked to describe a business venture they would start and explain how they would approach it as an entrepreneur rather than just a business owner.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    Subject Entrepreneurship Grade Level 12

    Quarter 1st Section


    Learning Competencies Explore job opportunities Code
    for entrepreneurship as a
    career.

    I. Write True if the statement is correct. Otherwise write False and state your reason briefly.

    __________1. An entrepreneur perceives entrepreneurship as the mere opening and managing of a small business.
    _________________________________________________________________________________

    __________2. Knowing all the entrepreneurial concepts will assure a person of becoming a successful entrepreneur.
    __________________________________________________________________________________

    __________3. Having a degree in entrepreneurship will assure a person that his/her business endeavor will succeed.
    __________________________________________________________________________________

    __________4. Since there is now a degree program in higher education leading toward entrepreneurship, the academe
    has already adopted a universal definition of the term entrepreneurship.
    __________________________________________________________________________________

    __________5. Entrepreneurship originates from the Greek word entreprendre which means to undertake a business
    ___________________________________________________________________________________

    ___________6. An entrepreneur can be a juridical person or those entities that have been created by the operation of
    law. _______________________________________________________________________________

    ___________7. The distinguishing mark that differentiates an entrepreneur from an owner of an ordinary small business
    is the commitment of the entrepreneur to entrepreneurial concepts and principles.
    ____________________________________________________________________________________
    ____________8. In layman’s term an entrepreneur is a person who opens his/her own business, assumes responsibility
    over its operation and management, and assumes the risks of the business.
    __________________________________________________________________________

    ____________9. Most owners of ordinary small businesses open their businesses because of the profitability aspect of
    the operations.
    ___________________________________________________________________________

    ____________10. All businesspeople are entrepreneurs.


    _________________________________________________________________________________

    II. A. Discuss the need to have a correct understanding of the concept of entrepreneurship.
    What advantages will it provide who is interested in becoming a successful entrepreneur?

    B. Distinguish between an entrepreneur and an ordinary businessperson.

    III. Pretend that you will be putting up a small business. Follow the instructions below.

    1. Tell what kind of business venture you intend to open and why you have chosen it.

    2. Explain briefly how you can be an entrepreneur and not merely a businessperson.

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