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Vocabulary
100

What is the age limit to become an entrepreneur

none

100
Who is the founder of Ford automobiles
Henry Ford
100

What is an important factor when starting a business

money, location, workers

100

Sarap to the bones!

Max's Restaurant

100

What is one called who is considering going into business for themselves

Entrepreneur

200

What are two characteristics of an entrepreneur

Determination, Hardwork, Perseverance , Leadership, etc.

200

Who is the founder of Cebu Pacific?

John Gokongwei

200

What are resources needed to begin a business

Land, Labor, Capital

200

Nakasisiguro gamot ay laging bago.

Mercury Drug

200

What is a tangible product

an item that can be handled, touched

300
Entrepreneurs must know what to sell. What two things can businesses sell
a product and/or service
300

Who is the founder of Microsoft

Bill Gates

300

What is an advantage to starting your own business

no debt and no bad reputation

300

You're in good hands.

Metrobank

300

What is all things used in producing goods and services

Resources

400
What are trends that a business goes through
expansion, recession, depression, recovery; the business cycle
400

Who created Facebook

Mark Zuckerberg

400

What is a way to become an entrepreneur

buy a business, take over a family business, and start a business

400

We'll take you farther.

BPI

400

What is the term used for when wants are greater than resources you have

Scarcity

500
What is something an entrepreneur must know
regulations, the economy, the market, etc.
500

Adidas was founded by?

Adolf "Adi" Dassler

500

What is an advantage to finding a target market

understanding who to sell to, producing a product/service that will sell

500

Sarap ng filling mo.

Rebisco

500

What is the point that consumers buy all of a product that is supplied leaving neither a shortage or surplus

equilibrium or break-even point