Which of the following is considered to be a drawback to Entrepreneurship? Uncertainty of Income Long Hours and Hard Work All of the other answers apply Risk of losing your investment Complete Responsibility
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- Discuss whether the term "corporate entrepreneurship" is an oxymoron. Can corporations—especially large ones—be innovative? Support your answer with examples.Which of the following statements does not clearly distinguish between entrepreneurship and management? (a) Entrepreneurs found the business; managers operate it (b) Entrepreneurs are the owners of their business; managers are employees (c) Entrepreneurs earn profits; managers earn salaries (d) Entrepreneurship is once for all activity; management is a continuous activityFrom five below skills in Entrepreneurship, which one is most important and why? 1- Play 2- Empathy 3- Creativity 4- Experimentation 5- Reflection
- Who among the following is the most successful entrepreneur? Choose at least two number. Explain why. 1. A 35 year-old farmer who has owned a two hectare pineapple plantation for 10 years, makes just enough to get by, but loves what he is doing, and calls everyone in the barangay a friend. 2. A 30 year-old CEO of a software firm who works 70 hours a week, stays stressed, never sees his family, but makes five million pesos in revenue per year. 3. A 35 year-old single mom who makes money online with internets, and gets to spend all the time she wants with her kids. 4. A 22 year-old college dropout who created a few websites that he manages a few hours per week and now makes enough to travel the world, spends time with friends and family, and pursues his favorite hobbies.write a concluding paragraph about academic entrepreneurship and close by stating your opinion on this topic (please don't give a short answer)True or False1. Entrepreneurship covers more than just inventions; it also requires innovation 2. Entrepreneurs are academically and socially ineffective 3. Entrepreneurs are doing entrepreneurs; they lean towards action. 4. Only people who have certain natural talents can be Entrepreneurs. 5.Entrepreneurs are extreme risk takers 6. Entrepreneurs seek success but experience high failure rates 7. Ignorance is bliss for Entrepreneurs 8. All Entrepreneurs need is luck 9. Money is what the Entrepreneurial venture need to survive 10. Entrepreneurs must fit the standard Entrepreneurial profile
- Which of the following skills do you believe is the most important to make a successful entrepreneur? Why do you believe this skill is of such importance? What makes it more important than the other skills? persuasion, leadership, personal accountability, goal orientation, and interpersonal skillsAs the owner of a year-old Dog Spa and Grooming business, you recently engaged in a time of reflection on your entrepreneurial journey. Having completed the reflective process, it is now clear to you that entrepreneurship requires the application of creativity and innovation to solve problems and capitalize on recognized opportunities. For this assignment you are required to do the following: Discuss what entrepreneurship mean to you and describe two (2) entrepreneurial traits/characteristics you possess. Use examples from your life experience to support each trait/characteristic. Identify one (1) innovation you currently enjoy and discuss how it adds value to your life. Develop two (2) innovative strategies to enhance creativity at your Dog Spa and Grooming business.1.Why do you think Entrepreneurship is a science?provide example/ scenario that will support your answer.minimum of 100 words. 2.Why do you think Entrepreneurship is an art? Provide exampla/scenario that will support you answer.minimum of 100 words. 3.What are the Advantages and Disadvantages of venturing in entrepreneurship rather than becoming a business manager (Employed)? Provide atleast 3 each & explain each Advantages and Disadvantages.
- Entrepreneurs are able to identify opportunities even in adverse and difficult situations. To which one of the following important personal characteristics of an entrepreneur does this statement refer? a. Involvement in the business b. Positive attitude and approach c. Commitment to the business d. PerseveranceGive a short explanation for each items Why NOT to be an Entrepreneur Uncertainty of income Risk of losing entire invested capital Lower quality of life until business gets established High levels of stress Complete responsibilityThe decision to behave entrepreneurially is the result of the interaction of: * The existence of a viable business idea and relevant business organization The existence of a variable business idea and irrelevant business organization The individual’s personal entrepreneurial competencies and potential The individual's personal entrepreneurial mindset and an opportunity