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ENTREP_2Q_Finals

Quiz by Aldrin Casitas

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50 questions
Show answers
  • Q1
    Which among the following benefit from entrepreneurship?
    All of the Above
    Filipino Entrepreneurs
    Philippine Economy
    Local Community
    30s
  • Q2
    Which of the following does not define entrepreneurship?
    Welath Creating
    Art
    Risk Taking
    Science
    30s
  • Q3
    Which of the following first benefit from entrepreneurship?
    Local Community
    All of the Above
    Philippine Economy
    Filipino Entrepreneurs
    30s
  • Q4
    Which of the following is not true about the benefit of entrepreneurship to the local community?
    It promotes peaceful community.
    It provides employment.
    It hastens economic failure.
    It creates new demand in the market.
    30s
  • Q5
    Which is the end result of paying taxes?
    It causes increase on prices of raw materials.
    It returns to the citizens through different public services.
    It burdens small scale entrepreneurs.
    It promotes competition among business ventures.
    30s
  • Q6
    How does an entrepreneur create value for his/her products or services?
    by increasing the price of the product or service.
    by focusing on product packaging.
    by giving products and service for free to those who are in need.
    by satisfying needs and wants of the customers.
    30s
  • Q7
    Which of the following will be an entrepreneur's reaction to risk?
    Face the risk.
    Pause and wait for the problem to solve itself before continuing operations.
    Invest on other products or services.
    Avoid the risk.
    30s
  • Q8
    Which of the following shows intrapreneurship?
    production or modification of new products or services
    creating product value
    managing one's own business
    leaving the management of the business to other people for the benefit of the owner.
    30s
  • Q9
    Which is NOT an advantage of learning intrapreneurship?
    It boosts young entrepreneurs in starting their own business venture.
    It cultivates creativity.
    It helps acquire core business concepts.
    It increases the risk in starting a business.
    30s
  • Q10
    Which of the following best describe a hardworking entrepreneur?
    strategic thinking
    belief in oneself
    wise judgement
    working diligently
    30s
  • Q11
    Which of the following does not describe a socio-cultural environment source of opportunity?
    customs
    beliefs
    licenses
    taste
    30s
  • Q12
    Which of the following is characterized by the income level of a region or area?
    economic
    ecological
    political
    technological
    30s
  • Q13
    Which of the following is not true?
    Environmental issues open doors for business opportunities.
    The use of technology in a business venture is inevitable nowadays.
    The income level of a region dictates the purchasing power of the customers.
    In the Philippines, beliefs, traditions, and customs are the same from one area to another.
    30s
  • Q14
    What refers to a specific group of consumers at which a company aims its products and services?
    consumers
    target market
    customers
    investors
    30s
  • Q15
    What refers to integrated characteristic of a group of people or ethnic group?
    ecological forces
    economic forces
    cultural forces
    social forces
    30s

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