Question 1

Technopreneurship

Accepted Answer

Entrepreneurship that leverages on the application of technology in addressing challenges of the society

Question 2

Application of technopreneurship to AB engineers

Accepted Answer

1. smart farming technologies
2. automation and robotics
3. precision agriculture
4. biotechnology
5. agri-entrepreneurship

Question 3

technology

Accepted Answer

deals with engineering or applied sciences to solve problems by creating tools, processing actions, and extracting materials

Question 4

techniques in rocketry

Accepted Answer

provided launch vehicles for satellites and lunar and planetary probes in extraterrestrial exploration

Question 5

steam engine

Accepted Answer

kept deep mines clear of water

Question 6

mechanical clocks

Accepted Answer

timekeeping in business

Question 7

soap

Accepted Answer

scouring textile fabrics

Question 8

textile-making

Accepted Answer

replaced animal skin in wardrobes

Question 9

sail

Accepted Answer

developments in marine transport

Question 10

variations of entrepreneurship

Accepted Answer

1. intrapreneurship
2. multipreneurship
3. social entrepreneurship
4. technopreneurship
5. ultrapreneurship

Question 11

intrapreneurship

Accepted Answer

fostering of entrepreneural activity in large organizations by improving existing products or by branding new products

Question 12

multipreneurship

Accepted Answer

pursuing multiple upwardly mobile and lifestyle business activities as a portfolio either serially or in parallel

Question 13

social entrepreneurship

Accepted Answer

recognizing a social problem and using entrepreneurial principles to effect a social change

Question 14

technopreneurship

Accepted Answer

use of technology to come out with innovative products

Question 15

ultrapreneurship

Accepted Answer

identifying new business opportunity, determining its viability, forming a company, and then selling the majority interest of the company in the shortest optimum time period

Question 16

technopreneurship

Accepted Answer

combining technological prowess and entrepreneurial skills

Question 17

technopreneurship

Accepted Answer

extension of entrepreneurship that uses technology to come out with something new to make some innovation

Question 18

home credit

Accepted Answer

competitive edge:
accessible lending option

Question 19

dragonpay

Accepted Answer

competitive edge:
convenient payment solution

Question 20

moneygram

Accepted Answer

competitive edge:
lower fees to conduct money transfers

Question 21

mayabank

Accepted Answer

competitive edge:
offers easy and shortened application process compared to traditional financial institutions

Question 22

gcash

Accepted Answer

one-stop sho fintech platform offering simplified financial products

Question 23

entrepreneur

Accepted Answer

a person that possesses various skills in terms of marketing, communication, and strategically has the potential demand for the goods and services

Question 24

entreprenuer

Accepted Answer

an innovator and a source of new ideas, goods, services, business, and procedures

Question 25

types of entrepreneur

Accepted Answer

1. innovative
2. imitating
3. fabian
4. drone

Question 26

innovative

Accepted Answer

- an entrepreneur who identifies and capitalizes on new opportunities
- invents new ideas, products and production methods or processes
- are industry leaders
- always ready to take risks

ex. 
elon musk (space X and tesla)
jeff bezos (amazon, amazon prime video)
sara blakely (spanx)
howard schultz (starbucks)
james dyson (vacuum, hair tools)

Question 27

imitating

Accepted Answer

an entrepreneur who emulates the practices and success strategies of other well-known entrepreneurs;

ex. zara "knock off" of yeezy boost by adidas

Question 28

fabian

Accepted Answer

skeptical about changes; do not initiate any inventions but follow only after they are satisfied with its success rate

ex. kodak film cam

Question 29

drone

Accepted Answer

entrepreneurs who are reluctant to change; they are happy with their present mode of business and do not want to change even if they are suffering the losses; ex. blockbuster, videocity

Question 30

technopreneur

Accepted Answer

a person who perceives an opportunity by introducing new products and services, creating forms or organization and by utilizing new raw materials

Question 31

five traits of technopreneur

Accepted Answer

(1) strong communication skills; (2) product management knowledge; (3) deep technical understanding; (4) willing to take big risks; (5) persistent

Question 32

technoprenuer

Accepted Answer

entrepreneur or technopreneur?

able to do many things but chooses to delegate

Question 33

technopreneur

Accepted Answer

entrepreneur or technopreneur?

motivated by strong vision and passion to innovate

Question 34

entrepreneur

Accepted Answer

entrepreneur or technopreneur?

motivated to achieve financial success

Techno 101 Prelims