ENTREP QUIZ 1

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34 Terms

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Sales Representative

this job entails servicing existing accounts, obtaining orders, establishing new accounts, keeping the management informed by submitting sales reports, recommending changes in products or services, and resolving customer complaints.

2
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Value

delivered to your customers when you do something for them

• Better

• Cheaper

• Faster

• Cooler

• Different

3
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Innovation

the process of doing new things or bring new ideas or new process or new products or new services into reality.

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McClelland and McBer (1985)

Entrepreneurial Competencies

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Creativity

the ability to bring something new into existence.

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Budget Analyst

this involves analyzing monthly department budgeting, directing the preparation of budget reports, consulting with managers about budget adjustments, providing advice and technical assistance regarding budget preparation, summarizing budgets, as well as submitting recommendations that are subject for approval.

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Freelancer working online

• doing online jobs for clients abroad, such as data entry, article writing, SEO, customer support, administrative support etc., which mainly depends on your skills

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Credit Analyst

• this job entails analyzing credit data and financial statements, preparing reports that include the degree of risk involved in extending credit, evaluating customer records, doing credit analysis, and conferring with credit association and other business representatives to exchange credit information.

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Merchandiser

• this job involves deciding which goods to stock in the shops or what supplies should be bought for the production of goods.

• is always involved in buying and selling of goods.

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Store Manager

• store managers are responsible for the general operations of a store, planning the daily schedule of employees, creating and maintaining budgets, as well as interviewing and hiring employees.

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Insurance Clerk

• this job entails tasks such as maintaining files and records, tracking policy renewal dates, and contacting customers who are delinquent in their payment.

12
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Cost Controller

• this job entails building an annual operating budget for the company, managing purchases and labor practices, writing reports on labor costs, and providing profit estimate reports.

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Leads Management

• this involves generating potential business clientele through marketing campaigns and programs.

14
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Customer Service Officer

• this job involves interacting with the customers to provide information or assistance regarding the company’s products, services, or operations.

15
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Sales Support

• this job involves processing new sales leads, monitoring customer accounts, keeping track of sales targets, and providing important data to help the sales team.

16
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Sales Representative

• this job entails servicing existing accounts, obtaining orders, establishing new accounts, keeping the management informed by submitting sales reports, recommending changes in products or services, and resolving customer complaints.

17
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Administrative Assistant

• this job entails providing administrative support in an organization. Some of the job duties include sorting and mails and documents, writing business letters, answering phone calls, and other administrative tasks.

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Call center agent

• answers phone calls and inquiries of clients and provides customer support, usually to people from other countries

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Marketing Manager

this job entails monitoring and analyzing market trends, studying competitors products, improving existing products or services, and identifying target markets.

20
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Academician

this involves working in a university or college to teach students about the field of Entrepreneurship.

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Investment Consultant

• this refers to an advisor who helps investors with their investment planning. They formulate clients investment strategies, aid them with the implementation, and help them fulfill their goals.

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Business Owner

is responsible for creating a business plan, implementing this plan, obtaining finances for the business, managing resources, monitoring sales, and managing the employees.

23
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Research Associate

• this involves duties such as conducting economic and financial research and analysis, exploring the best practice policies, and researching on market mechanisms.

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Business Planner

• this job entails conducting risk evaluation, control techniques, business impact analysis, as well as emergency response policies.

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Small

• P500,001 to P5,000,000

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Medium

• P5,000,001 to P20,000,000

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Cottage

• P50,001 to P500,000

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Micro

• Less than P50,000

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Dr. Cecilio Pedro

• Lamoiyan Corporation's CEO and President

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45%

of Filipinos engaged in early stage entrepreneurship belong to the group of 18 to 34 years old.

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85%

of the Filipinos expressed interest to make entrepreneur as a good career choice.

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Entrepreneur

• A person who organizes and manages an enterprise, especially a business, usually with considerable initiative and risk.

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Entrepreneurship

• Initiative taking

• Organizing and recognizing of social/economic mechanisms to turn resources and situations to practical account

• Acceptance of risk and failure

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Entrepreneurship

• Derived from the French word entrependre, which means “to undertake”

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