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    Entrep

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    Danica Cuera
    1. The document discusses the concepts of entrepreneurship and the differences between entrepreneurs and ordinary businesspeople. 2. It notes that there is no universally accepted definition of entrepreneurship due to it being a unique concept for each individual and business venture. 3. The key difference identified between entrepreneurs and ordinary businesspeople is that entrepreneurs take risks in paving their own unique path for their business, while ordinary businesspeople tend to follow proven business strategies with less risk.

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    Entrep

    Uploaded by

    Danica Cuera
    1K views2 pages
    1. The document discusses the concepts of entrepreneurship and the differences between entrepreneurs and ordinary businesspeople. 2. It notes that there is no universally accepted definition of entrepreneurship due to it being a unique concept for each individual and business venture. 3. The key difference identified between entrepreneurs and ordinary businesspeople is that entrepreneurs take risks in paving their own unique path for their business, while ordinary businesspeople tend to follow proven business strategies with less risk.

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    1. The document discusses the concepts of entrepreneurship and the differences between entrepreneurs and ordinary businesspeople. 2. It notes that there is no universally accepted definition of entrepreneurship due to it being a unique concept for each individual and business venture. 3. The key difference identified between entrepreneurs and ordinary businesspeople is that entrepreneurs take risks in paving their own unique path for their business, while ordinary businesspeople tend to follow proven business strategies with less risk.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    1K views2 pages

    Entrep

    Uploaded by

    Danica Cuera
    1. The document discusses the concepts of entrepreneurship and the differences between entrepreneurs and ordinary businesspeople. 2. It notes that there is no universally accepted definition of entrepreneurship due to it being a unique concept for each individual and business venture. 3. The key difference identified between entrepreneurs and ordinary businesspeople is that entrepreneurs take risks in paving their own unique path for their business, while ordinary businesspeople tend to follow proven business strategies with less risk.

    Copyright:

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

    Danica M.

    Cuera Grade 12-CSS

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

    __False__1. An entrepreneur perceives entrepreneurship as the mere opening and managing of small business.

    ___True_2. Knowing all the entrepreneurial concepts will assure a person of becoming a successful entrepreneur

    ___False_3. Having a degree in entrepreneurship will assure a person that his/her business endeavor will succeed.

    _True 4. Since there is now a degree program in higher education leading toward entrepreneurship, the academe has
    already adopted a universal definition of a term entrepreneurship.

    _False 5. Entrepreneurship originates groom the Greek word entreprendre which means of the to take undertake a
    business

    True 6. An entrepreneur can be a juridical person those entitle that have been created by the operation of law

    True_7. The distinguishing mark that differentiates an entrepreneur from the owner of an ordinary small business is the
    commitment of the entrepreneur to entrepreneurial concepts and principles.

    _True___8. In layman’s tern ab entrepreneur is a person who open his/her own business, assumes responsibility over its
    operation and management, and assume the risk of the business

    __True_9. Most owners of ordinary small businesses open their businesses because of the profitability aspect of the
    operations.

    _False 10. All business people are entrepreneurs


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

    A. Enumerate the reasons why there is no universally accepted definition of the term entrepreneurship.

    -Entrepreneurship is unique from person to person


    -There are overlapping features about each person’s entrepreneurship but it could only make a partial
    Definition
    -It is a business venture that can be taken in many ways.

    B. Distinguish between an entrepreneur and an ordinary businessperson.

    An ordinary business person takes a paved of success or simply taken an proved business strategy that can make
    them successful while entrepreneurs take a risk in paving their own path in a unique way.

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

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

    Well, I think I will start a business a quick2 for the students and also I want in near schools, because they are
    starving and they want to eat some of delicious.

    2. Explain briefly how you can be an entrepreneur and not merely a businessperson.
    The business plan is for entrepreneur because it is not being utilized near schools in my area and it will be the
    first business that will give storage for things near schools

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