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Performance Task in Entrepreneurship

The document discusses entrepreneurs and their role in any economy. An entrepreneur is an individual who creates a new business and bears most risks and rewards. Entrepreneurs bring new ideas to market through their skills and initiative. While a businessman follows set paths, an entrepreneur thinks independently and makes their own path with new ideas.

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Nizel Shanin Noval Narsico
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610 views3 pages

Performance Task in Entrepreneurship

The document discusses entrepreneurs and their role in any economy. An entrepreneur is an individual who creates a new business and bears most risks and rewards. Entrepreneurs bring new ideas to market through their skills and initiative. While a businessman follows set paths, an entrepreneur thinks independently and makes their own path with new ideas.

Uploaded by

Nizel Shanin Noval Narsico
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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Performance Task

in
11/6/2020

Entrepreneurship

STUDENT’S NAME: NIZEL SHANIN N. NARSICO


GRADE 12 STEM

SUBMITTED TO: SIR. RICHARD F. RUELAN


STUDENT’S NAME: NIZEL SHANIN N. NARSICO
GRADE 12 STEM
TEACHER: SIR. RICHARD F. RUELAN

Performance Task 1 in Entrepreneurship

2.

I have learned that an entrepreneur is an individual who creates a new business,


bearing most of the risks and enjoying most of the rewards. The entrepreneur is commonly seen
as an innovator, a source of new ideas, goods, services, and business/or procedures.

Entrepreneurs play a key role in any economy, using the skills and initiative
necessary to anticipate needs and bring good new ideas to market. Entrepreneurs who prove to be
successful in taking on the risks of a startup are rewarded with profits, fame, and continued
growth opportunities. Those who fail, suffer losses and become less prevalent in the markets.

3.

It is a common assumption that businessman and entrepreneur are the same, but
both words refer to a different individual possessing a distinct approach to business. To put is in
other words, a businessman follows a set path engraved by some other person with an unoriginal
idea, whereas an entrepreneur thinks and believes in making his own path with new ideas.
STUDENT’S NAME: NIZEL SHANIN N. NARSICO
GRADE 12 STEM
TEACHER: SIR. RICHARD F. RUELAN

Entrepreneurship 12
Performance Task No.1.2

Primary Product Substitute Product

Describe the product. Why is it considered a Describe the product. Why is it considered a
primary product? substitute product?

1. 1.

2. 2.

3. 3.

4. 4.

5.
5.

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