Entrepreneurship

MINDANAO MISSION ACADEMY

Accountancy, Business and Management
First Midterm Examination

Name:_____________________________ Score:_______________
The LORD himself goes before you and will be with you; he will never leave you nor forsake you. Do not be afraid; do not be
discouraged.” Deuteronomy 31:8

A. CROSSWORD PUZZLE

B. Multiple Choice. Encircle the letter of the best answer.

1. As an aspiring entrepreneur you are not afraid of failing. You are comfortable with uncertainty that may come.
What kind competency did you show?
a. Grit c. Influence
b. Initiative d. Risk Appetite
2. As an entrepreneur, you give importance to your buyers. You are making it sure that they are satisfied with your
service or product.
 a. adaptability c. Customer-focus
b. Initiative d. Risk Appetite

3. An entrepreneur has this competency when he/she takes an action without telling him/her to do so.
a. Initiative c. Grit
b. Customer-focus d. Influence
4. As an entrepreneur you should be a good motivator and persuasive enough to get everyone involve on board as a
team.
a. Grit c. Influence
b. Initiative d. Sense Making

5. John is a businessman who failed many times with his business. However, despite of those many adversities, he is
still persistent in attaining his goals. What kind of competency does john shows?
a. Grit c. Influence
b. Sense Making d. Risk Appetite

C. Essay:

a. What do you think is the importance in studying entrepreneurship?

b. Would you believe that all entrepreneurs are innovators? Defend your answer.

D. Draw an illustration that will explain the opportunity seeking process