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Libra: Halapitan National High School San Fernando Bukidnon Midterm Exam Entrepreneurship
Libra: Halapitan National High School San Fernando Bukidnon Midterm Exam Entrepreneurship
A. Direction: Identify the terms being described in each sentence. Find the answer in the box provided.
_______________11. Management that involves in problem solving, team building and performance
management.
_______________12. It is one’s ability or proficiency in a specific area.
_______________13. Managers use the processes, techniques and tools of a specific area.
_______________14. It includes executive coaching, leadership, change management and empowerment.
_______________15. It is the ability to formulate ideas.
___________1. Planning consist of setting goals and specifying ways to attain them.
___________2. Conceptual skills are related to working with people and bringing out the best in them.
___________3. An internal factor that the company may be able to exploit to its advantage is about its strengths.
___________4. The environment can be scan through PEST and SWOT Analysis.
___________5. The evolution of management is from contingency perspective to classical perspective.
___________6. There is division of labor with clear definitions of authority and responsibility
in Bureaucratic Organization.
___________7. In manufacturing business, raw materials are transformed to finish goods that are sold at a price.
___________8. General environment is the level of the organization’s external environment(PEST) that may
affect the organization.
___________9. Supplier element is related to those whom the organization monitors and responds to in the
battle for resources and markets.
___________10.The internal environment is within the organization that includes organization structure, culture
and resources.
___________11.It is widely recognized today that business should go only in making profits.
___________12. SWOT is a tool used to analyze environmental factors or conditions that can be perceived as
an opportunity or a threats by the manager.
___________13. Exporting products is equal to high income for our country that helps our economy improved.
___________14. The developed countries have low level of industrialization and income per person.
___________15. Efficiency deals with the morality of one’s actions.
TEST III – ITEMIZE ME
1-2.
Say something about this management process below. (5pts.)
How can you apply it at Home? (5pts.)
ORGANIZING
STAFFING
PLANNING
DIRECTING
3.) 4.)
5.)