Republic of the Philippines

Region IX, Zamboanga Peninsula

Direction: Choose letter of the best answer. Write the chosen letter on separate sheet of paper.

1. Who are the founders and builders of enterprises and businesses, are often called the new heroes?
A. Domestic helper B. Entrepreneurs C. Business consultant D. Sales
2. It is a personality factor which means “doing things even before being told.”
A. proactive B. perseverance C. persuasion D. initiative
3. A science of converting ideas into business.
A. Entrepreneurship B. Enterprise C. Risk-taker D. Creativity
4. When a person creates and uses innovative ideas and maximizes output from the given resources,
entrepreneurship is
A. Means of economic development. C. Creation of organizations
B. Improving standard of living D. Development of managerial capabilities
5. The ability to come up with clever, workable solutions
A. Confidence B. Self-critical C. Creativity D. Self-confidence
6. When an entrepreneur introduces innovative solutions to any obstacles and problems in the enterprise, he is
a. a planner b. a proactive c. a risk-taker d. a problem-solver
7. Works against all odds to overcome obstacles and is never complacent with success.
A. proactive B. perseverance C. persuasion D. initiative
8. Mang Inasal took the country by storm because its founder correctly perceived a need of people for
affordable, quick-served inihaw or grilled chicken Thus, this business was founded and flourish, to the extent of
offering very real competition to Jollibee’s popular Chicken Joy. This type of entrepreneurial enterprise involve
A. an existing business and new concept C. an existing concept but giving rise to a new business
B. a new concept giving rise to a new business D. an existing concept and an existing business
9. Someone who raises money for a specific purpose and meant not to make profit but instead for maintaining
the organization or toward the purpose for which it was created.
A. Fundraiser B. Sales manager C. Business Reporter D. Business Consultant
10. Responsible for defining the release process and coordinating all of the activities required to bring the
product to market.
A. Project Manager B. Marketing Manager C. Advertising Manager D. Product Manager
11. Mr. Gonzales ensures that the company attracts, hires and retains the best employees, while growing a
strong talent pipeline. Here, Mr. Gozales is one of the,
A. Talent Recruiter B. Teacher C. Business Reporter D. Sales Manager
12. A person who has the overall responsibility for the successful initiation, planning, design, execution,
monitoring, controlling and closure of a project
A. Marketing Manager B. Product Manager C. Project Manager D. Advertising Manager
13. Who interview famous business personalities?
A. Sales Manager B. Talent Recruiter C. Business Reporter D. New Venture Creator
14. Simply an opportunity for employment.
A. Career B. Job Opportunity C. Entrepreneurship D. CEO
15. The highest-ranking executive in a company, whose primary responsibilities include making major
corporate decisions.
A. Career B. Job Opportunity C. Entrepreneurship D. CEO
16. It is a long-term professional journey you may determine based on your passions.
A. Career B. Job Opportunity C. Entrepreneurship D. CEO
17. What is that written document describing the nature of the business, the sales and marketing strategy,
financial background and its projected profit and loss statement?
A. blue print B. term paper C. lesson plan D. business plan
18. 7. Which of the following target customer have not yet purchased your product but are considering it?
A. end users B. prospects C. existing customers D. target market users
19. Which of the needs in the market that are explicit?
A. wants B. silent needs C. stated needs D. opportunity needs
20. 12. What space in the design thinking process that leads the project stage into people’s lives?
A. ideation B. inspiration C. implementation D. transformation
21. What is the ultimate purpose of market research?
a. get the target market c. predict changes in the market
b. identify the market need d. predict pitfalls and reduce risk
22. The most important thing you can do before deciding what to sell is to _______.
A. buy B. think C. exercise D. build
23. What refers to the group of people who are likely to buy your product or services?
A. people B. market price C. market size D. customer profile
24. It will provide you with all the information you need to make a better business decision.
A. Market research B. Market Size C. Market needs D. Market Prize
25. Defined as the ability to survive or persist; the quality of being able to happen or having a reasonable
chance of success.
A. Viability B. Profit C. Costumer D. Competition
26. Refers to the people who work for the business and the entrepreneur.
A. Costumer B. Employer C. Entrepreneur D. Manpower
27. Refers to the allotted time, usually number of years that an investment is recovered.
A. Return of Investment B. Payback Period
B.