Entrepreneurship Quarter 1 - Summative Test 1
Quiz by C C
Grade 11/12
Entrepreneurship
Philippines Curriculum: SHS Applied Track Subjects
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25 questions
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- Q1Which among the following benefit from entrepreneurship?Filipino EntrepreneursAll of the AboveLocal CommunityPhilippine Economy60sCS_EP11/12ENTREP-0a-1
- Q2Which of the following does not define entrepreneurship?ArtScienceWealth CreatingRisk Taking60sCS_EP11/12ENTREP-0a-1
- Q3Which of the following first benefit from entrepreneurship?Philippine EconomyLocal CommunityAll of the AboveFilipino Entrepreneurs60sCS_EP11/12ENTREP-0a-1
- Q4Which of the following is not true about the benefit of entrepreneurship to the local community?It creates new demand in the market.It provides employment.It hastens economic failure.It promotes peaceful community.60sCS_EP11/12ENTREP-0a-1
- Q5Which is the end result of paying taxes?It causes the increase on prices of raw materials.It promotes competition among business ventures.It burdens small scale entrepreneurs.It returns to the citizens through different public services.60sCS_EP11/12ENTREP-0a-1
- Q6How does an entrepreneur create value for his/her products or services?by focusing on product packaging.by satisfying the needs and wants of the customers.by giving products and service for free to those who are in need.by increasing the price of the product or service.60sCS_EP11/12ENTREP-0a-1
- Q7Which 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.Avoid the risk.Invest on other products or services.60sCS_EP11/12ENTREP-0a-1
- Q8Which of the following shows intrapreneurship?leaving the management of the business to other people for the benefit of the owner.managing one's own businessproduction or modification of new products or servicescreating product value60sCS_EP11/12ENTREP-0a-1
- Q9Which is NOT an advantage of learning intrapreneurship?It helps acquire core business concepts.It cultivates creativity.It boosts young entrepreneurs in starting their own business venture.It increases the risk in starting a business.60sCS_EP11/12ENTREP-0a-1
- Q10Which of the following best describe a hardworking entrepreneur?working diligentlywise judgementbelief in oneselfstrategic thinking60sCS_EP11/12ENTREP-0a-1
- Q11Which of the following does not describe a socio-cultural environment source of opportunity?licensescustomsbeliefstaste60sCS_EP11/12ENTREP-0a-3
- Q12Which of the following is characterized by the income level of a region or area?economicpoliticaltechnologicalecological60sCS_EP11/12ENTREP-0a-3
- Q13Which of the following is not true?The income level of a region dictates the purchasing power of the customers.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.60sCS_EP11/12ENTREP-0a-3
- Q14What refers to a specific group of consumers at which a company aims its products and services?customerstarget marketconsumersinvestors60sCS_EP11/12ENTREP-0a-3
- Q15What refers to integrated characteristic of a group of people or ethnic group?social forcescultural forceseconomic forcesecological forces60sCS_EP11/12ENTREP-0a-3