1 is a person who strongly advocates and correctly practices the concepts and principles ofentrepreneurship. A) capitalist b) business partner c) entrepreneur d) seller2 Is the art of observing correct practices in managing and operating a self-owned wealth generatingbusiness enterprise by providing goods and services that are valuable to the customers. A) enterprise b) entrepreneurship c) entrepreneur d) market3. A business which is owned by single individual only. A) corporation b) partnership c) cooperative d) sole proprietorship or small business4. The Theory of entrepreneurship that was formulated by Joseph Schumpter that considers innovationAs the primary factor affecting development. A) Keynesian theory b) Innovation Theory c) Weber's Sociological Theory d) Alfred Marshall Theory5 They are considered as the personal abilities to do things well that came from the totality of theknowledge, practice or experience and aptitude of a person. A) Skills b) weaknesses c) idea d) concept6. Refers to the strong attributes or capabilities of the business that provide great advantages inI exploiting the business opportunity. A) Strengths b) weaknesses c) opportunity d) threats7. Refers to business situations in the form of products or services that must be exploited because oftheir potential in terms of profit and growth. A) Opportunity b) weaknesses c) strengths d) threats8. Refers to the tangible good or intangible service offered by business to the target market. A) service b) product c) price d) goods9. Successful entrepreneurs have a healthy opinion of themselves and often havea) a strong belief in themselves b) easily bored c) Innovator d) all of the above​.