
Midterm Review
Authored by Agustine Plasabas
Business
12th Grade
Used 10+ times

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20 questions
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1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
It is an art of observing correct practices in managing and operating a self-owned wealth-creating business enterprise by providing goods and services that are valuable to the customers.
Corporation
Entrepreneurship
Small and medium enterprises
2.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
He defined entrepreneurship as dynamic process of vision, change, and creation.
Casson (1982)
Kuratko (2009)
Shane (2003)
3.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
He defined Entrepreneurship as decisions and judgements about the coordination of scarce resources
Casson (1982)
Kuratko (2009)
Shane (2003)
4.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
He defined entrepreneurship as an activity that involves discovery, evaluation, and exploitation of opportunities to introduce new goods and services.
Casson (1982)
Kuratko (2009)
Shane (2003)
5.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Type of business which is recently formed from scratch.
Franchising
Start up
Buying existing business
6.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
It is a Factors to consider in starting a business that focuses on starting right by “beginning with the end in mind.”
Legal Requirements
Focus and Direction
Personal Competencies
7.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
It is a Factors to consider in starting a business that focuses on complaints to the copyright and patent laws, environmental and sanitation regulations of the municipality, and labor laws.
Legal Requirements
Focus and Direction
Personal Competencies
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