Studied by 3 peopleInnovation
________: create something new.
Social Entrepreneurship
________ focuses on helping the society reach a certain goal.
Entrepreneurial Firms
________: sees opportunities in their environment and bring new products and services to the market.
Salary substitute business
________: replace the salary they are receiving from others.
MSMEs
________ are the backbone the of PH Economy.
small firms
Impact on Larger firms: multiple ________ merge to become larger ones.
Lifestyle Firms
________: to continue their lifestyle such as doing vlogs, books, etc.
Entrepreneurs
SME and MSME
Entrepreneurial Firms
proactive, Innovative, Risk-taking; more profitable
Conservative Firms
"wait and see", less innovative, risk averse
Salary-substitute business
replace the salary they are receiving from others
Lifestyle Firms
to continue their lifestyle such as doing vlogs, books, etc
Entrepreneurial Firms
sees opportunities in their environment and bring new products and services to the market
Innovation
create something new
Impact on Larger firms
multiple small firms merge to become larger ones
Note
Flashcard