
Midterm Examination in Entrepreneurship
Quiz by MIGUEL MALICDEM
Track each student's skills and progress in your Mastery dashboards
Which of the following that develops an entrepreneur's managerial skills through the years?
What does it mean when an entrepreneur oversees everything that is happening in his/her own business from decision-making to the calculation of risks?
Start-up businesses are encouraged to promote fresh and new ideas that can improve the business. Which of the following characteristics an entrepreneur must have in order to bring new ideas in the market?
With profits come state obligations; which are characteristics of an entrepreneur referred to as being responsible in compliance with the government regulations accordingly?
How does risk uncertainty being applied in business?
Which of the following is the human effort exerted in the production?
Which of the following sets is not the correct classification of factors of production?Â
Mr. Mossimo has a business product/ name to register; it is Assimo Mossimo deodorant. Which of the following government organizations should Mr, Mossimo go to register the business name?
 If the nature of your business revolves around lumber and other natural resources, which of the following agencies will issue you with environment-related permits?
Which of the following statements is TRUE about corporation?
Given the following statements, which of the following states the truth?
Miss Jane is preparing the business strategies, the target market, the value proposition of your product or services that may increase the company sales. On which part of the business will it reflect?
Which of the following should be considered in creating a business plan?
Which of the following is not true about the business planning?
Upon registering his business with the Department of Trade and Industry for legal purposes, he received pieces of training and fast-tracked transactions. DTI also helps him promote his products. Which of the macro environment source of opportunity is being described in the following situation?
Ma'am Milyn gave a task to the student-entrepreneurs to provide all the basic information about their proposed business. She also added that students should include the workflow and the roles of the members from the highest to the lowest position. Which part of the business plan is the task of Ma'am Milyn's class?
After the plans were detailed and revised by the members, Marina and Co. synthesizes the whole plan of the proposal. This plan is found at the beginning of the report, but is done lastly What part of the business proposal Marina is writing?
All Soul's Day is set on October 31. Viñas De Luxe is planning to sell refreshments and candles at the cemetery. Which macro environment of opportunity is being described in the situation?
Which of the following business start-up components is true?
Generoso Manaloto is creating pancakes based on the resources they have inside the pantry. Which of the following principles of planning is being applied in this microenterprises?
The Marikudemu organization is trying to double their profit at the end of the year. As per their financial and marketing strategy, there is a probability of fifty percent or unsure chance of doubling the target profit. Which of the SMARTER model is being answered?
The Mr. J & Mrs. A couple shop is planning a new shirt design that is expected to be released this December. As per their business scheduling, they are projecting the release earlier than their rival businesses. Which of the following strategy is being implemented in their plans?
There are reports that the hog business in San Juan is fuming a bad smell that affects the residents of the area. Which of the following business strategy is being affected by the said reports?
Which of the statements regarding business management states the wrong thought?
The decision of the Atri-Biz Corporation is being questioned by the executive stakeholders due to an illegal meeting. The said meetings spearheaded by Ms. Almario are invalid due to non-quorum and discrimination. The said policy they broke is from the executive memorandum. Which of the following level of business strategy is being violated?
Which of the following is not a component of strategic thinking?
The toxic team leaders of Bugs Hunny IT Corporation led the team to an impending closure. They cannot resolve the internal issues of the company because they are the complained as the main problem of the situation. Which of the elements of business strategy in Sun Tzu's Art of War is being discussed?
Which of the following classification of elements of external and internal environment is incorrect?
SWOT Analysis: Which of the following is not under the internal analysis?
SWOT Analysis: AJ Lovelace Corporation is infusing another old innovation into their business when the Rose Corporation decided to outclass them with more improved technology. Which of the following part of business analysis is being pointed out?
SWOT Analysis: The Grade-12 Gemini, Capricorn, and Pisces asked their entrepreneur teachers to allow them to conduct off-campus selling to achieve their target quota and selling. They will use their promotion styles to attract and convince customers in buying their product. Which of the SWOT analysis is being highlighted?Â
Which of the following is unethical in running a business?
Which of the following is government offices do not match from its specific function?
Which of the arrangement of the business plan is correct?
Which is the correct equation for solving financial-related concerns in the business?
In financial reporting, which of the following reports involves reports in the assets and liabilities balance?
Warranties, product support, after-sale services, and credits are under what level of products?
Which of the following classification of consumer products is very brand loyal and will accept substitutes?
Which of these consumer products require much comparison shopping which results in infrequent purchases?
Which of the following examples of consumer products are often limited and always accept substitutes?
Magda is showing how whitish the teeth of their customers after using their toothpaste. Which of the attributes of the product decision is being discussed?
In this type of pricing, which of the major approaches to pricing determines the cost of producing a product and then adding a mark-up to it?
Additional socks and shoe accessories are optionally endorsed when buying new shoes. Which of the following pricing strategies can be applied?Â
At the Samal Trade Fair, some local products are sold below cost to attract customers in the hope that they will buy other items at normal markups. What pricing strategy is being applied?
Which of the following examples of store retailing matches correctly with their examples?
Stores like 7-11 and Ministop are opened 27/4 and sell prices a bit higher than department stores and supermarkets. These are examples of what product line retailers?
The advantages of this non-store retailing include convenience, variety, speed, and accessibility. An example of this non-store retailing is online shopping. Which of the following is being described by the given?
Which of the following is not a characteristic of an ideal brand?
What do you call the strategy of placing an established brand on a new product that is in a different category?
Which does not happen when you have the right branding?