ENTREPRENEURSHIP 1ST QUARTER SUMMATIVE TEST
Quiz by EDMAR JOSEPH FLORES
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- Q1
Which of the following first benefit from entrepreneurship?
all of the above
Philippine economy
Filipino entrepreneurs
local community
30sCS_EP11/12BENTREP-IVa-i-1 - Q2
Which of the following does not define entrepreneurship?
risk taking
science
wealth creating
art
30sCS_EP11/12BENTREP-IVa-i-1 - Q3
Which of the following is not true about the benefit of entrepreneurship to the local community?
local community
Philippine economy
Filipino entrepreneurs
all of the above
30sCS_EP11/12BENTREP-IVa-i-1 - Q4
Which of the following is not true about the benefit of entrepreneurship to the local community?
It hastens economic failure.
It provides employment.
It promotes peaceful community.
It creates new demand in the market.
30sCS_EP11/12BENTREP-IVa-i-1 - Q5
Which is the end result of paying taxes?
It promotes competition among business ventures.
It causes the increase on prices of raw materials.
It burdens small scale entrepreneurs.
It returns to the citizens through different public services.
30sCS_EP11/12BENTREP-IVa-i-1 - Q6
Which of the following does not describe a socio-cultural environment source of opportunity?
customs
taste
beliefs beliefs
licenses
30sCS_EP11/12BENTREP-IVa-i-1 - Q7
Which of the following is characterized by the income level of a region or area?
ecological
economic
technological
political
30sCS_EP11/12BENTREP-IVa-i-1 - Q8
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.
In the Philippines, beliefs, traditions, and customs are the same from one area to another.
The income level of a region dictates the purchasing power of the customers.
30sCS_EP11/12BENTREP-IVa-i-1 - Q9
What refers to a specific group of consumers at which a company aims its products and services?
target market
investors
customers
consumers
30sCS_EP11/12BENTREP-IVa-i-1 - Q10
What refers to integrated characteristic of a group of people or ethnic group?
cultural forces
economic forces
social forces
ecological forces
30sCS_EP11/12BENTREP-IVa-i-1 - Q11
Which of the following elements belong to the social force?
wildlife
literacy level
physical resources
climate climate
30sCS_EP11/12BENTREP-IVa-i-1 - Q12
Which of the following parts of the business plan is done last?
Product/Service Plan
Financial Plan
Market and Sales Plan
Executive Summary
30sCS_EP11/12BENTREP-IVa-i-1 - Q13
Environmental awareness on the harmful effects of single-use plastics are common nowadays. What particular environment is represented by this situation?
ecological
economic
political
social
30sCS_EP11/12BENTREP-IVa-i-1 - Q14
What opportunity environment includes the demographic and cultural factors including beliefs, tastes, customs and traditions?
political
socio-cultural
economic
technological
30sCS_EP11/12BENTREP-IVa-i-1 - Q15
What opportunity environment is characterized by the income level of a region which in turn dictates the purchasing power of the customers?
economic
political
socio-cultural
technological
30sCS_EP11/12BENTREP-IVa-i-1