1Bonggalandia is an amusement park that has been operating for 15 years now. It has around 50 employees and has a total asset of around P13,000,000 which includes land, infrastructure and other equipments. Given these information, Bonggalandia should be classified as:

Micro enterprise

Small enterprise

Medium enterprise

Large enterprise

2This is a dimension of entrepreneurial orientation which refers to a firm's efforts to seize new opportunities, and can be promoted by introducing new products or technological capabilities ahead of the competition

Autonomy

Innovativeness

Proactiveness

Risk-taking

3If a developed society helps a less develop society this process will bring development to the less developed society. This is the general idea under what economic development theory?

Law of Nature

Racial Heritage

Climatic Condition

Cultural Diffusion

4Which of the following is a factor of the micro view of entrepreneurship?

The entrepreneurial trait school of thought

The venture-oriented school of thought

The enterprise-centered school of thought

The operational formulation school of thought

5This is a dimension of entrepreneurial orientation which refers to a firm's efforts to find new opportunities & novel solutions

Autonomy

Innovativeness

Proactiveness

Risk-taking

6This theory entails that in a free market economy, self- interested individuals can promote the general benefit of society, as if an invisible hand is leading it toward economic development.

Laissez-Faire Theory

Cultural Diffusion Theory

Climatic Condition Theory

Racial Heritage Theory