Q3.3 Entrep SY23-24_Malthus

What is the objective of discussing the significance of knowing oneself as part of being a successful entrepreneur?

• To identify the character traits common to entrepreneurs

• To discuss the concept of core competencies in entrepreneurship

• To discuss the strategic position of the entrepreneurial venture

• To identify the entrepreneurial skills

Which cluster includes character traits like opportunity seeker, efficient and quality oriented, and risk-taker?

• Achievement Cluster

• Planning Cluster

• Power Cluster

• Core Competencies

What are the cognitive skills required in entrepreneurship?

• Workers, Suppliers, Creditors, Prospective customers

• Age of advanced computer and technology, Information technology, Feasibility study and business plan preparation

• Define, Gather Information, Alternatives, Evaluate alternatives, Select and implement

• Understand, Learn, Solve Problems, Create New Ideas, Innovate

What is the scientific approach to problem-solving skills in entrepreneurship?

• Understand, Learn, Solve Problems, Create New Ideas, Innovate

• Define, Gather Information, Alternatives, Evaluate alternatives, Select and implement, Evaluate

• Age of advanced computer and technology, Information technology, Feasibility study and business plan preparation

• Workers, Suppliers, Creditors, Prospective customers

Which skills involve technical writing, marketing, management, and finance in entrepreneurship?

• Technical Skills

• Cognitive Skills

• Interpersonal Skills

• Problem Solving Skills

What do core competencies in entrepreneurship provide as an advantage to the entrepreneur?

• Age of advanced computer and technology, Information technology, Feasibility study and business plan preparation

• Workers, Suppliers, Creditors, Prospective customers

• Understand, Learn, Solve Problems, Create New Ideas, Innovate

• Outperform competitors, Distinction form competitors, Superior performance in the industry

What is the Business Model Canvas template used for in entrepreneurship?

• Conducting market research

• Creating a marketing plan

• Developing a business model

• Analyzing financial statements

What is the total perspective of a winning entrepreneur according to the text?

• Understands cognitive skills

• Overcomes all obstacles and problems in entrepreneurship

• Negotiates easily with suppliers

• Acquires technical writing skills

What is the strategic support provided by core competencies in entrepreneurship?

• Developing a business model

• Overcomes all obstacles and problems in entrepreneurship

• Outperform competitors, Distinction form competitors, Superior performance in the industry

• The strategic position and condition of the entrepreneurial venture

Who developed the Business Model Canvas template?

• Alexander Osterwalder

• Steve Jobs

• Elon Musk

• Mark Zuckerberg