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IE- Reviewer Part1
M.C.
9
Idinagdag na problema (20/ 20)
Payagan ang maling sagot
Ipakita ang sagot
public na pagsusulit

# 1

pumili

1. What does the Entrepreneurial Mind Frame help an entrepreneur do?

  • a) Avoid risks at all costs
  • b) See challenges as opportunities
  • c) Focus only on financial success
  • d) Depend entirely on luck

# 2

pumili

2. The Entrepreneurial Heart Flame represents an entrepreneur’s ______________.

  • a) Desire for quick success
  • b) Passion, determination, and emotional devotion
  • c) Fear of failure and taking risks
  • d) Focus only on market trends

# 3

pumili

3. In Entrepreneurial Gut Flame, which of the following is NOT a key characteristic?

  • a) Intuition
  • b) Passion
  • c) Overanalyzing every decision
  • d) Courage

# 4

pumili

4. What does the Chinese word for “crisis” symbolize in entrepreneurship?

  • a) Failure and regret
  • b) Risk and fear
  • c) Danger and opportunity
  • d) Loss and disappointment

# 5

pumili

5. An entrepreneur who follows their intuition, takes bold risks, and confidently makes decisions is demonstrating ______________.

  • a) Entrepreneurial Gut Flame
  • b) Entrepreneurial Mind Frame
  • c) Entrepreneurial Heart Flame
  • d) None of the above

# 6

pumili

6. The Entrepreneurial Mind Frame helps entrepreneurs see challenges as?

  • a) Opportunities
  • b) Passion
  • c) Uniqueness
  • d) Risk-taking

# 7

pumili

7. Entrepreneurs with a strong Entrepreneurial Heart Flame are driven by____________, not just financial gain.

  • a) Opportunities
  • b) Passion
  • c) Uniqueness
  • d) Risk-taking

# 8

pumili

8. Entrepreneurial Gut Flame involves a combination of intuition, passion, and __________ to make bold decisions.

  • a) Determination
  • b) Persistence
  • c) Courage
  • d) Assurance

# 9

pumili

9. Entrepreneurs who are emotionally invested in their business and strive to make a difference are demonstrating their _____________.

  • a) Gut Game
  • b) Heart Flame
  • c) Mind Flame
  • d) None of the above

# 10

pumili

10. In entrepreneurship mind frame, a crisis can be seen as both a danger and an __________.

  • a) Passion
  • b) Desire
  • c) Disturbance
  • d) Opportunity

# 11

pumili

11. In sources of entrepreneurial ideas, in general what are the external environment of a business venture?

  • a) Physical, Societal, Industrial
  • b) Climate, Natural Resources, Wildlife
  • c) Economic, Sociocultural, Political
  • d) Government, Suppliers, Clients

# 12

pumili

12. In Societal Environment, this includes the laws, rules and regulations that govern business practices as well as the permits, approvals, and licenses necessary to operate the business.

  • a) Technological Environment
  • b) Sociocultural Forces
  • c) Economic Forces
  • d) Political Forces

# 13

pumili

13. In Industrial Environment, this includes in business except?

  • a) Government
  • b) Technology
  • c) Suppliers
  • d) Employees

# 14

pumili

14. In Societal Environment, this various forces are included except?

  • a) Government forces
  • b) Technological environment
  • c) Sociocultural forces
  • d) Economic Forces

# 15

pumili

15. It refers to interest, hobbies and preferences of people are rich source of entrepreneurial ideas.

  • a) Past experiences
  • b) Government’s thrust, programs, and policies
  • c) Changes in environment
  • d) People’s interest

# 16

pumili

16. According to Shackle’s theory, what helps entrepreneurs identify potential market opportunities?

  • a) Analyzing competitors
  • b) Creativity and imagination
  • c) Strict financial analysis
  • d) Following market trends

# 17

pumili

17. According to Shackle’s theory, what is a key characteristic of entrepreneurs?

  • a) They are highly risk-averse
  • b) They are creative and imaginative
  • c) They focus primarily on managing finances
  • d) They rely solely on existing market data

# 18

pumili

18. What is the role of entrepreneurs in economic growth, according to classical, neo-classical, and Austrian theories?

  • a) They focus on reducing market competition
  • b) They introduce new products and techniques
  • c) They minimize risks in the market
  • d) They maintain existing market structures

# 19

pumili

19. One of the Economic theories of entrepreneurship that the entrepreneur are producers and distributors of goods in the marketplace.

  • a) Classical Theories
  • b) Neoclassical Theories
  • c) Austrian Market Process Theory
  • d) Menger’s Theory

# 20

pumili

20. Why is innovation important for entrepreneurs?

  • a) It allows them to differentiate their business and create value
  • b) It helps them avoid risks completely
  • c) It guarantees immediate success
  • d) It eliminates all competition
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