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16 Terms

1
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Personal Entrepreneurial Competencies and Skills are __ qualities that entrepreneurs must possess.

desirable

2
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An entrepreneur who establishes their business and keeps the profits is known as a __.

Self-Employed

3
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The ability to manage emotions properly, regardless of the situation, is referred to as being __.

Self-disciplined

4
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Entrepreneurs must be __ and punctual without compromising the quality of their products.

Professional

5
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The capacity to outsmart other businesses in achieving goals is known as being __.

Competitive

6
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A successful entrepreneur is often __ in setting realistic targets for success.

Goal-oriented

7
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The act of promoting and creating new products to expand a business is called __.

innovating

8
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The natural optimism of Filipino individuals, who view problems as opportunities, reflects a __ outlook.

Positive

9
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An entrepreneur must have the ability to adapt to failures and uncertainties, which is termed as __.

Adaptable

10
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analysis includes internal factors (strengths and weaknesses) and external factors (opportunities and threats).

SWOT

11
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The __ variable of the marketing mix is concerned with where selling and buying takes place.

Place

12
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The collection and analysis of data important for business success is known as __ Research.

Market

13
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A strong degree of self-belief among entrepreneurs is referenced as being __.

Self-confident

14
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The process of publicizing a product or service to encourage customer patronage is called __.

Promotion

15
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Entrepreneurs who identify opportunities based on market trends are considered __.

Opportunity seekers

16
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The governmental policies or regulations that affect businesses are part of the __ process in entrepreneurship.

planning