ENTREP QUIZ PRELIM PART II

11. Operating a sari-sari store is a typical business that a Filipino entrepreny pits up.
● True
12. The attitude and character of Juan Tamar has no place in entrepreneurship.
● True
13. Most successful entrepreneurs in the Philippines are not known to be products of prestigious business schools.
● False
14. The entrepreneur is alert and perceptive to make things happen.
● True
15. Patronizing imported products is a good start of entrepreneurship.
● True
16. The corporation is the most common form of business ownership.
● False
17. Once a business is established, it's almost imposibble to change from one form of business ownership to another.
● False
18. Financial risk versus profit (return) motive varies in entrepreneurs' desire for wealth.
● True
19. Entrepreneurs strong technical skills is optional as it typically brings some related experience to their business
ventures.
● True
20. Entrepreneurship helps create local employment.
● True