QUARTER 1

Cards (106)

  • What is the process of cooking food by indirect or dry heat called?
    Bake
  • What is the process of cooking bread and cakes known as?
    Baking
  • Who is a person that bakes?
    Baker
  • What are the characteristics of a successful entrepreneur?
    • Creative
    • Persevering
    • Innovative
    • Hardworking
    • Quality-conscious
    • Confident
    • Systematic
    • Optimistic
    • Open-minded
    • Personable
  • Why is perseverance important for a baker?
    It helps improve baked products continuously
  • What does it mean for an entrepreneur to be innovative?
    They are open to new products
  • Why should an entrepreneur be quality-conscious?
    Good quality products attract repeat customers
  • What does it mean for an entrepreneur to be systematic?
    They must plan and organize operations well
  • How does being optimistic benefit an entrepreneur?
    It helps them look at the bright side
  • Why is being open-minded important for an entrepreneur?
    It allows them to welcome suggestions and criticisms
  • How does being personable affect customer relations?
    Customers prefer likable persons for loyalty
  • What are the entrepreneurial competencies needed for success?
    • Technical Ability
    • Communication Ability
    • Organizing and controlling abilities
    • Good health
    • Makes sound decisions
    • Inspiring
    • Problem solver
    • Knowledgeable
    • Managerial Ability
    • Ability to accept criticism
  • Why is technical ability important for an entrepreneur?
    It provides knowledge and skills to operate a business
  • What role does communication ability play in entrepreneurship?
    It ensures effective communication skills
  • Why is good health important for an entrepreneur?
    It ensures physical and mental fitness for success
  • What does it mean to be a problem solver as an entrepreneur?
    They make rational decisions rather than emotional ones
  • How does managerial ability benefit an entrepreneur?
    It helps use resources effectively
  • What are the clusters of personal entrepreneurial competencies?
    1. Achievement Cluster
    2. Planning Cluster
    3. Power Cluster
  • What is the focus of the Achievement Cluster?
    It emphasizes opportunity seeking and risk-taking
  • What does the Planning Cluster involve?
    It includes setting attainable goals and making decisions
  • What are the characteristics of the Power Cluster?
    It includes self-esteem, courage, and leadership
  • What does the environment and market refer to in business?
    • Elements and factors affecting profit
    • Influences business operations and strategies
  • What defines a business plan?
    It outlines the plans and goals of the business
  • What are the requirements of a successful business plan?
    • Realistic
    • Target Market
    • Pricing Strategy
    • Communication Strategy
    • Sales Strategy
    • Funding requirements
    • Financial support
  • Why must a business plan be realistic?
    It ensures ideas can be implemented
  • What is the importance of knowing the target market?
    It ensures the product caters to specific needs
  • How does pricing strategy affect a business?
    It must align with the target audience's expectations
  • What is the role of a communication strategy in a business plan?
    It informs the market about the product
  • What does a sales strategy outline?
    It describes how the business will sell products
  • Why are funding requirements important in a business plan?
    They provide a breakdown of capital usage
  • What does financial support indicate in a business plan?
    It shows whether the business is growing
  • What factors affect business opportunities in the community?
    • Capital
    • Market
    • Needs
    • Manpower
    • Skills
    • Technology
    • Supply
  • Why is capital important for starting a business?
    It determines the amount needed to start
  • How does understanding the market affect a business?
    It helps identify customer needs and preferences
  • Why is manpower significant for a business?
    It ensures the right skills are available
  • What role do skills play for an entrepreneur?
    They are necessary for managing the business
  • Why is technology important for a business?
    It keeps the business updated with customer wants
  • What does supply refer to in a business context?
    It ensures a continuous availability of ingredients
  • What is SWOT Analysis?
    • Strengths: Advantages over competitors
    • Weaknesses: Challenges faced
    • Opportunities: Potential benefits in the market
    • Threats: Risks that may harm the business
  • What are the types of ovens used in baking?
    • Deck Oven
    • Rack Oven
    • Mechanical Oven
    • Convection Oven
    • Proofing Cabinet