Brilliant

Which of the following is not among the barriers to growth of Philippine MSMEs?

• Lack of competition.

• Lack of infrastructure.

• Lack of skills upgrading.

• Low productivity

One of the barriers to growth of Philippine MSMEs is poor __________.

• access to finance

• poor linkage among small, medium, and large industries

• poor market access.

• all of these

Business owners have more personal relationships with customers in ____________ businesses.

• large enterprises

• big corporations

• small businesses

• none of these

He defined entrepreneurship as the finding and promoting new combinations of productive factors.

• Ismael Kirzner

• Joseph Schumpeter

• Harvey Liebenstein

• none of these

According to _______________, an entrepreneur is one who starts his own new and small business.

• Albert Shapiro

• Peter Drucker

• Joseph Schumpeter

• none of these

An intrapreneur is one who __________________________.

• builds larger companies using hiring and delegation.

• locates his business in lower rent and tax areas

• is within an existing organization and referred to as corporate entrepreneur

• none of these

Capital aggregators are those who ________________.

• acquire businesses

• develop their own products and takes care of marketing them

• are referred to as corporate raiders

• use their experiences and expertise in pooling a group of financiers to engage in a business

One of the advantages of being an entrepreneur is that he contribute to society. This means ________________________.

• He can provide employment for some people.

• He will pay taxes to the government.

• He can make use of available resources in the community.

• all of these

Which of the following is not among the disadvantages of being an entrepreneur?

• High levels of stress

• Complete responsibility

• Can reach one's full potential

• none of these

Entrepreneurs are known to be at their best as ______________.

• business managers

• venture capitalists

• planners

• doers