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    TECHNOPRENEURSHIP

    Uploaded by

    Kimberly Anne Batag Nazaria
    The document discusses various topics related to entrepreneurship including drawbacks, characteristics, cultural diversity, benefits, mistakes, and strategic management processes. Multiple choice questions are asked about these topics.

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    © All Rights Reserved
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    TECHNOPRENEURSHIP

    Uploaded by

    Kimberly Anne Batag Nazaria
    14 views13 pages
    The document discusses various topics related to entrepreneurship including drawbacks, characteristics, cultural diversity, benefits, mistakes, and strategic management processes. Multiple choice questions are asked about these topics.

    Original Description:

    AMAOED TECHNOPRENUERSHIP

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    The document discusses various topics related to entrepreneurship including drawbacks, characteristics, cultural diversity, benefits, mistakes, and strategic management processes. Multiple choice questions are asked about these topics.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    14 views13 pages

    TECHNOPRENEURSHIP

    Uploaded by

    Kimberly Anne Batag Nazaria
    The document discusses various topics related to entrepreneurship including drawbacks, characteristics, cultural diversity, benefits, mistakes, and strategic management processes. Multiple choice questions are asked about these topics.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 13

    Which of the following is/are the Drawbacks of Entrepreneurship?

    All of the above

    Which of the following is/are the Deadly Mistakes of Entrepreneurship?

    All of the above

    One who creates a new business in the face of risk and uncertainty for the purpose of
    achieving profit and growth by identifying opportunities and assembling the necessary
    resources to capitalize on them.
    Entrepreneur

    Which of the following is/are the Deadly Mistakes of Entrepreneurship?

    all of the above

    Any activity which is undertaken with an intention to earn profit is called __________ .

    Business

    Which of the following is/are the Cultural Diversity of Entrepreneurship?

    According to study reports of Global Entrepreneurship Monitor (GEM), entrepreneurs are


    most likely to launch businesses when they are between the ages of 35 and 44.

    Select one:

    True

    According to study reports of Global Entrepreneurship Monitor (GEM), that men are twice as
    likely to start a business as women.

    True

    Entrepreneurs are paralyzed by the prospect of failure.

    False

    Which of the following is/are the Cultural Diversity of Entrepreneurship?

    all of the above

    Entrepreneurs tend to exhibit __________ .


    Select one:
    Tenacity
    none of the above
    All of the above
    A willingness to work hard

    Which of the following is/are the Benefits of Entrepreneurship?

    Select one:
    All of the above
    Create your own destiny
    Make a difference
    Reach your full potential

    Failure is a natural part of the creative process.

    Select one:
    True

    Successful entrepreneurs learn to fail intelligently.

    Select one:
    True

    Which of the following is/are the Characteristics of Entrepreneurs?

    Select one:
    Determination
    Desire for immediate feedback
    All of the above
    High level of energy

    Which of the following is/are the Benefits of Entrepreneurship?

    Select one:
    Do what you enjoy and to have fun at it
    All of the above
    Contribute to society and to be recognized for your efforts
    Reap impressive profits

    Which of the following is/are the Characteristics of Entrepreneurs?

    All of the above

    Which of the following is/are the Cultural Diversity of Entrepreneurship?

    All of the above

    One characteristic of entrepreneurs that stands out is __________ .

    Diversity

    Entrepreneurs tend to exhibit __________ .


    All of the above

    Most entrepreneurs turn to family members and friends for _________ .

    Capital

    Which of the following is/are the Drawbacks of Entrepreneurship?

    Select one:
    Long hours and hard work
    Uncertainty of income
    Risk of losing your entire investment
    All of the above
    It is a road map of the actions an entrepreneur draws up to achieve a company’s mission,
    goals, and objectives.

    Strategy

    It is the result of an entrepreneur’s dream of something that does not exist yet and the
    ability to paint a compelling picture of that dream for everyone to see.

    Select one:
    vision

    which of the following is/are Strategic Management Process?

    Select one:

    All of the above


    Formulate strategies.
    Translate plans into actions.
    Establish accurate controls.
    Negative internal factors that inhibit a company’s ability to accomplish its mission, goals,
    and objectives.

    Select one:

    Weaknesses

    Positive external factors the company can exploit to accomplish its mission, goals, and
    objectives.

    Opportunities

    which of the following is/are aspects of a small company?

    Select one:
    Service they provide
    All of the above
    Products they sell
    Pricing they offer

    which of the following is/are aspects of a small company?

    Select one:
    Service they provide
    All of the above
    Products they sell
    Pricing they offer

    The aggregation of factors that sets a company apart from its competitors and gives it a
    unique position in the market that is superior to its competition.
    competitive advantage

    A clearly defined vision __________ .

    Select one:
    all of the above
    Motivates people
    Provides direction
    Determines decisions

    which of the following is/are Strategic Management Process?

    Select one:
    All of the above
    Analyze competition.
    Create goals and objectives.
    Identify key success factors.

    t is a written expression of how the company will reflect an entrepreneur’s values, beliefs,
    and vision – more than just “making money.”
    mission

    which of the following is/are Strategic Management Process?

    Select one:
    Develop a vision and translate it into a mission statement.
    All of the above
    Assess strengths and weaknesses.
    Scan environment for opportunities and threats.

    It involves developing a game plan to guide a company as it strives to accomplish its


    mission, goals , and objectives, and to keep it on its desired course.

    Select one:
    strategic management

    Negative external factors that inhibit the firm's ability to accomplish its mission, goals, and
    objectives.

    Select one:
    threats

    Positive internal factors a company can draw on to accomplish its mission, goals, and
    objectives.

    Select one:

    Strengths

    The practice of gathering, organizing, and disseminating the collective wisdom and
    experience of a company’s employees for the purpose of strengthening its competitive
    position.

    purpose
    It involves generating something from nothing.

    Select one:

    Creativity

    Entrepreneur can stimulate their own creativity and encourage it among workers by:

    Select one:
    Viewing Problems as Challenges
    Providing Creativity Training
    All of the above
    Encouraging Curiosity

    Entrepreneur can stimulate their own creativity and encourage it among workers by:

    Select one:
    Rewarding Creativity
    Developing a Procedure For Capturing Ideas
    All of the above
    Providing Support

    People who rely more heavily on the right half of their brain tend to be more imaginative
    and intuitive.

    Select one:
    True

    The barrier/s of creativity is/are the following:

    Select one:
    Viewing play as frivolous.
    All of the above
    Constantly being practical.
    Becoming overly specialized.

    Leaders of innovation has identified the following secrets for Leading Creativity:

    Select one:
    They Maximize team Synergy, balance and focus
    All of the above
    They Love what they do and fun doing it
    They Refuse to take ‘’no’’ for an Answer

    It is the ability to create new and useful ideas that solve problems and challenges people
    face everyday.

    Entrepreneurship

    Leaders of innovation has identified the following secrets for Leading Creativity:

    Select one:
    They are Visionaries
    All of the above
    They Think
    They Listen To Customer

    Left brain dominated people tend to be more logical and analytical in their thinking and
    usually excel at mathematics and word skills.

    Select one:
    True

    Entrepreneur can stimulate their own creativity and encourage it among workers by:

    Select one:
    Expecting And Tolerating Failure
    Embracing Diversity
    Expecting Creativity
    All of the above

    Entrepreneur must establish an environment in which creativity can flourish for themselves
    and for their workers.

    Select one:
    True

    The barrier/s of creativity is/are the following:

    Select one:
    Blindly following the rules.
    All of the above
    Focusing on “being logical”.
    Searching for the one “right” answer.

    It refers to something new or to a change made to an existing product, idea, or field.

    innovation
    Leaders of innovation has identified the following secrets for Leading Creativity:

    Select one:
    They Understand How To Manage Ideas
    They are People Centered
    All of the above
    They Maintain a Culture Of Change

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