is the process of starting and running a new business, involving, risk taking, and the creation of products.

SMES means?

is about gearing towards self-employment, often involving small and medium-sized businesses.

understand entrepreneurship to successfully start and run their own businesses, though it's challenging, especially for those without experience.

Known as management functions

Is the process of determining the company goals and identifying the resources and strategies needed to achieve those goals

the process of collating the physical, financial and human resources and developing a productive relationship among them.

Father of modern management theory"

activates the organizational processes to work efficiently for the achievement of organizational purposes.

Elements of directing

function of manning the organization structure and keeping it manned. The main purpose: to put the right man on the right job

ensure that everything follows the standards set forth.

to determine something's significance, value or worth. Like a math problem, facts in business must also be evaluated using a fixed set of criteria that will lead to an answer.

Entrepreneur Was coined by ______

The Classical Capitalism Propagated by _____

Refers to the economic system characterized by minimal gov't intervention & regulation.

Laissez-Faire Principle or ____

The term laissez-faire translate to _____ or ____ signifying the belief that markets should operate who gov't interference.

A German management science educator author

is the person behind entrepreneurship, possessing unique characteristics and traits. They directly manage the business. To understand an entrepreneur better, it's important to identify their tasks, roles, characteristics, and approaches that enable them to create new wealth and generate value.

The word Entrepreneur originated from French word _____, which means,____?

Philippine Airlines, LA, Toncleña Distilliers

SM Malls, SMDC, BDO

Robinson Mall JGC Summit, Cebu Pacific Airlines, Universal Robina Corp.

San Miguel Corp, Magnolia, Purefoods, Skyway, Petron

Jollibee Foods Corp.

convert the ideas of the c-level folks into execution.

Provide advice about a pressing business issue. Give solutions on how to streamline operations. Guides businesses on how to expand into a new market.

Need to know how to represent a company, manage accounts and generate profit.

One must understand with business concepts, procedures and practices

Being able to raise funds requires understanding the importance of business and networking relationships.

Teach students the benefits of math to business, history of innovation and the literature to persuasive advertising.

Having courses that cover operations management, leadership and others, one must have a likely keen sense of what type of person is needed to fulfil a certain position.

One can write articles or cover a local business beat.

One can evaluate a business system procedures and operations. An analyst's goal is to identify places needing improvement and suggest ways to make a business work efficiently

Carmella homes, villar city, vista mall homes

National bookstore

The product or service may not be new or unique, but the entrepreneur must somehow infuse value by securing and allocating the necessary skills and resources.

created by individuals who assume the major risks in terms of equity, time and career commitment of providing value for some product or service.

a system of political organization. Served a lord and received protection and land in return

the motive to make a profit.