Question 1

Who is the “Father of Philippine Retail” and he is “Number 1 Richest Man in the Philippines”?

Accepted Answer

Henry Sy

Answer

Jaime Zobel de Ayala

Answer

Tony Tan Caktiong

Answer

Lucio Tan

Question 2

Where is the sari-sari store of his father located?

Accepted Answer

Quiapo, Manila

Answer

Ortigas Ave in Pasig City

Answer

Katipunan in Quezon City

Answer

Bayan Bayan in Marikina City

Question 3

Which of the following choices is  related to the Henry Sy Story?

Accepted Answer

Turn your problems into opportunities.

Answer

Time is gold.

Answer

Thriftiness is next to orderliness.

Question 4

What did he do when their store was looted and burned?

Accepted Answer

He did a lot of buying and selling odd things as a resource to enable his family to survive.

Answer

He worked in a factory using his services to help his family.

Answer

He continued the sari-sari store.

Answer

He worked in the market to sell fruits and vegetables.

Question 5

What did he decide to open and had become the first air-conditioned shoe-store?

Accepted Answer

Shoe Mart

Answer

Gibsons Shoe

Answer

Gibi Shoe

Answer

Otto Shoes

Question 6

What are the material resources that Henry Sy sold after earning a degree in FEU?

Accepted Answer

He sold a lot of shoes and leather goods.

Answer

He sold a lot of toys and candies.

Answer

He sold vegetables and fruits.

Answer

He sold clothes, fabrics and accessories.

Question 7

What did he open in 1972?

Accepted Answer

Department Store

Answer

Food Store

Answer

Clothing Store

Question 8

What business was next to SM?

Accepted Answer

Banking business

Answer

Food business

Answer

Clothing business

Answer

Medical business

Question 9

What is the group’s policy in looking for opportunities?

Accepted Answer

Always look for opportunities, and to be ready to act when it comes. Opportunity is where you find it, not where it finds you.

Answer

Give opportunities to those who badly needed it.

Answer

Do not accept opportunities they have enough already.

Answer

Opportunity will be opened for them for they are known to business world

Question 10

Which of the following choices not related to the Henry Sy Story?

Accepted Answer

Always look for opportunity.

Answer

Thriftiness is next to orderliness.

Answer

Time is gold.

Question 11

Which of the following is NOT a source of family income?

Accepted Answer

physiology

Answer

copyright

Answer

bonus

Answer

salary

Question 12

Money earned from selling real estate, appliances, educational plans etc.

Accepted Answer

commission

Answer

salary

Answer

pension

Answer

bonus

Question 13

What is the monetary payment received for rendering services of a family member?

Accepted Answer

income

Answer

credit

Answer

expenses

Answer

capital

Question 14

What term is used for the payment of basic needs of the family?

Accepted Answer

expenses

Answer

credit

Answer

income

Answer

capital

Question 15

The money granted by the government or private companies upon retirement from service.

Accepted Answer

pension

Answer

profit

Answer

bonus

Answer

salary

Question 16

Rental income is the money that you get as a result of renting out an your asset

Accepted Answer

T

Answer

F

Question 17

A commission is money earned from working as employees.

Accepted Answer

F

Answer

T

Question 18

A profit is money acquired by selling something or operating a business.

Accepted Answer

T

Answer

F

Question 19

Interest income is the money you earned as a result of lending money to someone else.

Accepted Answer

T

Answer

F

Question 20

Dividends are money received by the retired person.

Accepted Answer

F

Answer

T

Related quizzes

Related quizzes