1. Business Entrepreneurs. This type of entrepreneurs seeks growth and profit within the business world.

2. Innovative Team. This is a semi-autonomous, self-directing, self-managing, high performing group of two or more
people formally created and share the ownership of a new organization.
3. Entreprendre. A French word that means to take in between or undertake.
4. Pupagongan. A thai word means someone who assembles other people together.
5. Entrepreneurial Career. Means finding the pathways toward creating ventures that are right for you.
6. Ethical and Legal. What quadrant does creating a product that no other competitors has considered fall into.
7. Psychic Risk. The impact of this risk can have a long-lasting effect.
8. Financial Risk. Involve risking personal savings and resources.
9. Internal Locus of Control. A belief in entrepreneur that their accomplishment and setbacks are within their own
control and influence.
10. Passion. It is the fundamental emotional experience for entrepreneurs.
11. Necessity-driven. A quality of entrepreneurs who start a business because they see an opportunity.
12. Corporate Entrepreneurship. It is a process whereby an individual or a group of individuals, in association with an
existing organization, creates a new organization.
13. Incremental Innovation. This type of innovation is the systematic evolution of a product or service into newer or
larger markets.
14. Strategic. Granting discretionary time to work on future projects.
15. Collective Entrepreneurship. Individual’s skills are integrated into a group and capacity to innovate becomes
something greater than the sum of its part.
16. Senior-level managers. Their role in entrepreneurship is to ratify, recognize and direct.
17. True. Entrepreneurial career means finding the pathway toward creating venture that are right for you.
True. Various pathways can help build personal qualities and start an entrepreneurial career.
18. Social Obligation. What is the term for when firms merely respond to social issues by complying with legal
requirements without pro-actively addressing the issues. (Social Obligation, Social Responsibility, Social
Responsively, None of the above.
19. Faith-based. Below are the three traditional sectors except; (Faith Based?, Private, Public, Social)
20. Ecovision. A leadership style that encourages open and flexible structure that encompass the employees,
organization and the environment with attention to evolving demands.
21. Ethical Foundation. Below are the components of ethical responsibility except.
22. Unethical/Illegal. What quadrant does embezzling money from the business fall into.
23. Social Responsiveness. What is the term when firms are highly pro-active and are willing to evaluated by the
public for various activity.
24. Ecopreneurs. It combines the unrelenting drive and imagination of the entrepreneurs with that stewardship of a
conservator rather than the devastation of an exploiter.
25. Code of Conduct. It is a statement of an ethical practices or guidelines to which an enterprise adheres.
26. Social Entrepreneurship. What form of entrepreneurship that applies social problem-solving private sector
entrepreneurship focuses on innovation, risk-taking and large-scale transformation.
27. Trends. This are signal ship in the current paradigm or thinking of the major population.
28. Incongruities. These innovative ideas occur when whenever a difference exist between expectation and reality.
29. Unexpected Occurrences. These are successes or failure because they were unanticipated or unplanned often
end to be a major innovative surprise to the business.
30. Lateral Thinking. It is concerned with the generation of new ideas.
31. Maternal Creativity. What type of creativity is involved in inventing and crafting tangible item like products,
advertisement, or photographs.
32. Business Broker. These are professionals specializing in business opportunities who can often provide leads and
assistance in finding a venture or sale.
33. Initializing non-profit organization. Below are the pathways to new ventures except.
34. Extension. What type of innovation involves an expansion of product service or process that is already in
existences.
35. Trademark. A distinctive name, mark, symbol or motto identified with company product.
36. Patent. It provides the owner with exclusive right to license the production and sale of the product or process
that an intellectual property right.
37. False. Designed patent last for 14 years.
False. Copyrights duration is only valid until the authors life.
38. True. Entrepreneur is a wellspring of economic growth social renewal and personal development.
False. Entrepreneurs have no role in alleviating property and do not contribute.
39. True. Information is considered a trade secret if it’s not known by the competition.
False. Examples of patents are literary or artistic production.
40. False. Entrepreneurs have no desire to compete, excel or pursue challenging goals for themselves.
True. Entrepreneurs examine a situation determined how to increase the odds winning and stick ahead.
41. True. As a franchisor, you will provide the company name that provides drawing power.
True. As a franchisee, your obligation involves a franchise fee as well as a percentage of the gross revenue.
42. True. Information can empower negotiators to make inform decisions anticipate the other parties move and
strategically position themselves during the negotiations.
False. Time is often an unlimited resource in negotiation.
43. False. Once creative potential is a fix and unchangeable traits that cannot be developed or improved.
Some individuals have a greater attitude than others.
44. The requirement of law never overlaps with and always duplicate the moral standards of society. True
The legal requirements consistently and promptly aline with the acceptable moral standards.
45. True. An owner is inherently capable of displaying honesty, integrity, and ethics in any key decisions.
False. The owner’s action does not influence other employees and not serve as a model for anyone to follow.