Quarter 3 Week 3

Lesson 2:
INTRODUCTION TO
ENTREPRENEURSHIP
Activity 1 (Day 1)

Name: Riego, Kierstin Kyle

Section: Academic Track/ Accountancy
Business Management/ 12 – ABM A
Teacher: Mr. Roderick M. Mundoc
Riego, Kierstin Kyle Entrepreneurship Sir Roderick Mundoc

12 – ABM A Q3_W3_L2_A1 4/15/2021

What I Know
True or False. On the space provided before the number write T if the statement is
true and F if the statement is false.

T 1. Entrepreneur enter a business because of its profitability.

_____
T 2. New business ideas provide business opportunities.
_____
_____
T 3. Entrepreneurial process starts with identification of entrepreneurial opportunities.
_____ 4. Not all changes in the external environment provides business opportunities.
T 5. Discovery and advancement in the use of technology are additional good source of
_____
business opportunities.
T 6. Interest and hobbies of the people are possible good source of entrepreneurial ideas.
_____
_____ 7. Industry environment of business is under technological discovery and advancement
T of opportunities.
sources
_____ 8. The variables in the physical environment include the economic forces.
T 9. Entrepreneurial heart flame refers to the ability of the entrepreneur to sense without
_____
using the five senses.
T 10. Entrepreneurial mind frame permits the entrepreneur to see things in a very positive and
____
optimistic light.
F
_____ 11. The business operates in the industry environment.
T 12. Opening a Halo – halo business during summer seasons.
____
_____13. Environmental scanning is conducted only when a new business is opened.
____
T 14. When the barriers to the competitive forces are high, the effect to the growth of the
business is likewise high.
T
____ 15. Entrepreneurs need not observe and evaluate the priorities of the government.
F

F
Riego, Kierstin Kyle Entrepreneurship Sir Roderick Mundoc

12 – ABM A Q3_W3_L2_A1 4/15/2021

What’s New

UPSIERSPL NISSUBES KERTAM EDICRRSTO SUTEMOSRC

SUPPLIERS BUSINESS MARKET CREDITORS COSTUMERS

UTSBETIUST ICEVERS PECITIONMTO IMCLTEA NTERTSAN

SUBSTITUTE SERVICE COMPETITION CLIMATE ENTRANTS

Kierstin Kyle Riego Ofelia Riego