a.
che given choices. Write your answer on a sel
1. Which among the following benefit from entrepreneurship?
a. Filipino entrepreneurs c. Philippine economy
b. local community
d. all of the above
2. Which of the following does not define entrepreneurship?
art
c. wealth creating
b. science
d. risk taking
3. Which of the following first benefit from entrepreneurship?
a. Filipino entrepreneurs
c. Philippine economy
b. local community
d. all of the above
4. Which of the following is not true about the benefit of entrepreneurship to the
local community?
a. It provides employment.
b. It creates new demand in the market.
c. It promotes peaceful community.
d. It hastens economic failure.
5. Which is the end result of paying taxes?
a. It burdens small scale entrepreneurs.
b. It promotes competition among business ventures.
C. It causes the increase on prices of raw materials.
d. li returns to the citizens through different public services.
6. How does an entrepreneur create value for his/her products or services?
a. by increasing the price of the product or service.
b. by giving products and service for free to those who are in need.
C. by satisfying the needs and wants of the customers.
d. by focusing on product packaging.
Which of the following will be an entrepreneur's reaction to risk?
Avoid the risk.​