CYBERPRENEURSHIP - CHAPTER 1

Choose the BEST definition to describe cyberpreneurs?

• A person who sell his/her own product

• A person who sell computer’s software and device

• A person who involve in development of cyber cafe

• A person who sell product through internet and information technology

A cyberpreneur is someone who is starting or running a business in cyberspace without the use of Internet.

• True

• False

Two (2) types of entrepreneurial idea sources.

• Primary

• Premier

• Secondary

• Selection

Primary sources refers to original data that is gathered and evaluated.

• True

• False

Information that has been gathered by researchers and recorded in publications is known as secondary sources.

• True

• False

"An individual sitting at a selected location everyday for a week and counting the number of pedestrians and cars that pass by. From this number, it can be estimated whether the location is suitable for business operations."

Choose a suitable data gathering technique based on the statement.

• Experiment

• Observation

• Surveys

• Interview

Entrepreneurship is the process of seeking businesses opportunities under conditions of risk.

• True

• False

Suitability of entrepreneurial ideas can be determine through _____________.

• Skills

• Capital

• Knowledge

• Interest

• Experience

"An exclusive right to control creative works created by the author, copyright owner and performer for a specific period."

The above statement refers to ____________.

• Patern

• Trademark

• Copyright

• Property

A ____________ is a word, symbol, name, or device that a business uses to identify its goods and distinguish them from those of others.

• Trademark

• Copyright

• Patent