3RD Quarter Examination
3RD Quarter Examination
RD
EXAMINATION
SY. 2022-2023
ENTREPRENEURSHIP
3 QUARTER
RD
EXAMINATION
SY. 2022-2023
ENTREPRENEURSHIP
General Instruction: CHOOSE THE LETTER OF THE BEST ANSWER.
WRITE YOUR ANSWER IN CAPITAL LETTER. STRICTLY NO
ERASURES.
I. MULTIPLE
CHOICE
1. The entrepreneurs who create new ideas are called?
A. Innovative B. Imitating C. Fabian D. Drone
2. These are entrepreneurs who are to follow the path shown by innovative
entrepreneurs.
A. Innovative B. Imitating C. Social Entrepreneur D. Fabian
3. It is a personality factor which means “doing things even before being told.
A. proactive B. perseverance C. persuasion D. Initiative
I. MULTIPLE
CHOICE
4. It is a personality factor which means convincing customers to buy the product.
A. proactive B. persuasion C. risk-taking D. self-confidence
5. What do you call written document describing the nature of the business, the sales and marketing strategy, and
the financial background, and containing a projected profit and loss statement?
A. Project Plan B. Business Plan C. Marketing Plan D. Financial Plan
6. Which part of business that presents the project’s feasibility as to how it will be beneficial to other people and
entities?
A. Executive Summary B. Socio Economic Feasibility
C. Financial Feasibility D. Production Feasibility
I. MULTIPLE
CHOICE
7. Contents of Business plan that includes the details of all the activities to be considered during the project’s pre-investment and
pre-operating phase and also the timetable of each these activities.
A. Project Implementation and Timetable B. Executive Summary
C. Socio Economic Feasibility D. Financial Feasibility
9. Studying a problem, identifying its alternatives, comparing alternative in terms of cost and benefit implication
and choosing the best alternative help in sharpening the decision making skills of an entrepreneur, thus,
entrepreneurship is.
A. creation of organizations B. a means of economic development
C. development of managerial capabilities D. a means of improving standard of living
I. MULTIPLE
CHOICE
10. When entrepreneurs assemble and coordinate physical, human and financial resources and direct them towards
achievement of objectives through managerial skills,
A. creation of organizations B. a means of economic development
C. development of managerial capabilities D. a means of improving standard of living
11. Steve Jobs created a whole new industry for gadgets and boosted the music industry with his invention of the iPod and
the downloading of music through iTunes. Apple, the company he founded, saw its sales grow by leaps and bounds with
these products. This type of entrepreneurial enterprise involve.
A. an existing business and a new concept B. a new concept giving rise to a new business
C. an existing concept and an existing business D. an existing concept giving rise to a new business
I. MULTIPLE
CHOICE
12. 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 B. a new concept giving rise to a new business
C. an existing concept and an existing business D. an existing concept giving rise to a new business
13. An investigation into the state of the market for a particular product or service, including an analysis of customers’
needs and preferences.
A. Market Size B. Market Value C. Market Survey D. Market Analysis
14. This refers to the total value of the market for a particular product demand.
A. Market Size B. Market Value C. Market Survey D. Market Analysis
I. MULTIPLE
CHOICE
15. This is the total sales demand or total sales volume of a given product the market is willing to pay for.
A. Market Survey B. Market Size C. Market Analysis D. Market Value
16. Measures the overall customer loyalty towards their brand, product or services.
A. Net Promoter Score B. Customer Satisfaction Score
C. Customer Effort Score D. Marketing emails
17. It is a measure of the degree to which customers are satisfied with a service, product or experience.
A. Net Promoter Score B. Customer Satisfaction Score
C. Customer Effort Score D. Marketing emails
I. MULTIPLE
CHOICE
18. A type of customer survey that measures how much effort customers put in to interact with your business.
A. Net Promoter Score B. Customer Satisfaction Score
C. Customer Effort Score D. Marketing emails
19. A method of generating ideas and sharing knowledge to solve a particular commercial or technical problem, in which
participants are encouraged to think without interruption.
A. focus group B. interview C. Brainstorming D. market survey
20. A method used to analyze what your company does best now, and to devise a successful strategy for the future.
A. Market Value B. Market Size C. SWOT Analysis D. Market Analysis
I. MULTIPLE
CHOICE
21. This refers not just to the way in which a product is wrapped, but also to its overall presentation.
A. Packaging B. Price C. People D. Place
22. This is an umbrella term covering all the media by which a business informs customers about the product
including advertising and public relations.
A. Packaging B. Place C. Price D. Promotion
23. It is set for a product not only to determines the amount of profit the business will be able to make from it
but also affects the value of the product as perceived by the customer.
A. People B. Price C. Product D. Promotion
I. MULTIPLE
CHOICE
24. Products are not only sold in shops they may also be sold door-to-door, online, or in
trade fairs or markets.
A. Place B. Price C. Promotion D. People
25. It is the process of using the marketing mix to satisfy and attract consumers
to make profit for the organization.
A. Market Survey C. Market Analysis
B. Market Strategy D. Market Value
TRUE or FALSE: Direction: True or False. Write T if the statement is correct and F if
not.
Things your business does well Qualities that makes you unique from your
Low capitalization competition
Emerging competitors Press/media coverage in area of business
Customer loyalty Skilled and knowledgeable staff
Changing customer attitude or dissatisfaction Few competitors in the area
towards your business Under supply of raw materials