Answer each item in no more than three (3) sentences.

(6 items x 5 points)

1. Based on the discussion, what is the modern definition of

entrepreneurship?
→ Based on the discussion, entrepreneurship is an integrated
concept that permeates an individuals’ enterprise in an innovative
manner. This is an activity setting up a business. Seeking opportunities,
taking risk in a hope of gaining a profit.
2. Give one (1) long-term effect of the entrepreneurs’ contributions to the
economy.
→ One of the long-term effects of entrepreneurs’ in the economy is
giving opportunity of employment. Their business decreases the numbers
of unemployed in our economy.
3. Entrepreneurship spectrums have similarities with each other. In your
opinion, what are the major differences that made entrepreneurs
choose their respective spectrums?
→ In my opinion, I think their major differences is their creative mind
and critical thinker. Creative mind because they can think or produce
modernized solution for everyone and same with the critical thinker, they
can think what they should do to solve a specific problem.
4. Based on the outcomes of the Industrial Age, is it vital to implement
sustainable development? Why or why not?
→ Yes, it does. Why? Because our society and economy will not
grow if we don’t have sustainable development.
5. Would it make a difference in the environment if only small businesses
were to implement sustainable development? Why or why not?
→ It would be different if only small business is implemented. Why?
Because small businesses are incapable of sustaining the growth of our
economy.
6. Companies are now urged to implement the triple bottom line into
their culture. What are other indicators that could be used to evaluate
a company’s sustainability?
→ According to Allesandro Gallo, October 2019 (ecobnb.com), there
are 5 indicators that could be used other than triple line button. In the Key
Performance Indicators (KPI) that produces data can be measured through
specific tools and clear systems. There are 5 Indicators to measure
sustainability of the company: conformity, use materials and
performance, effects, the supply chain and the product life cycle, and
sustainable system.