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MIDTERM EXAMINATION IN ENTREPRENEURSHIP 12

Quiz by Orlando I. Pragas

Grade 11/12
Entrepreneurship
Philippines Curriculum: SHS Applied Subjects (MELC)

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50 questions
Show answers
  • Q1
    Tangible things that can be seen refer to
    Entrepreneur's output
    Output requirement
    Service Requirement
    Customer requirements
    30s
  • Q2
    What is the first step in conducting strategic marketing?
    Estimate the market share
    Estimate the customers who probably dislike buying your product
    Estimate business funding
    Estimate the potential market
    30s
  • Q3
    It is the process of gathering, analyzing and interpreting information about the product or the services to be offered for sale in the market, the market and about past, present and any potential consumers for the products.
    Data Gathering
    Primary Research
    Secondary Research
    Market Research
    30s
  • Q4
    A data gathering technique where it can be moderated to group interviews and brainstorming sessions that provide information on user’s needs and behaviors.
    Data Gathering
    Personal Interview
    Survey
    Focus Group Discussion
    30s
  • Q5
    A data gathering technique where it can be done via direct mail, over the phone, internet, or e-mail.
    Focus Group Discussion
    Personal Interview
    Data Gathering
    Survey
    30s
  • Q6
    The intensity of rivalry among existing firms is characterized by the following factors EXCEPT one:
    Number of competing firms
    Diversity of rivals
    Characteristics of the products or services.
    The product represents a high percentage of the buyer’s cost.
    30s
  • Q7
    The following are the forces competing within the industry EXCEPT one:
    Potential new entrants and Substitute Products
    Buyers and Suppliers
    Rivalry among existing firms
    Needs and Wants
    30s
  • Q8
    Which of the following good sources of entrepreneurial ideas determine the interests, hobbies, and preferences of people.
    Past experiences
    Technological discovery
    Changes in the environment
    People’s interest
    30s
  • Q9
    Societal environment includes the following, EXCEPT:
    Economic forces
    Natural resources
    Political forces
    Sociocultural forces
    30s
  • Q10
    Which of the following is the result of identifying entrepreneurial opportunities?
    Sources of opportunity
    Opening of entrepreneurial venture
    Creation of entrepreneurial ideas
    Entrepreneurial process
    30s
  • Q11
    It is a personality factor which means “doing things even before being told.”
    perseverance
    proactive
    initiative
    persuasion
    30s
  • Q12
    It is a personality factor which means convincing customers to buy the product.
    Proactive
    Persuasion
    Risk-taker
    Self-confidence
    30s
  • Q13
    Which of the choices is NOT part of the environmental factors?
    family background of the manager
    Political
    climate
    Weather condition
    30s
  • Q14
    All except one does NOT belong to the group?
    Product
    Strikes
    Political protest
    Unfair trade practices
    30s
  • Q15
    The entrepreneur who is skeptical about the changes in the company is called?
    Social entrepreneur
    Drone
    Fabian
    Imitating
    30s

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