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NOTRE DAME OF NEW ILOILO, INC.

A Diocesan School
NEW ILOILO, TANTANGAN, SOUTH COTABATO
Tel. No. (083) 229 – 1113
Email Address: notredamenewiloilo@gmail.com
5th MONTHLY ASSESSMENT
January 29, 2021
Name:____________________________________________ Grade &Section:_________________
Subject: ENTREPRENEURSHIP 12 Score:__________________________

I – True or False. On the space provided before the number write T if the statement is true and F if the statement is
false.
_____ 1. Entrepreneur enter a business because of its business.
_____ 2. New business ideas provide business opportunities.
_____ 3. Entrepreneurial process starts with identification of entrepreneurial opportunities.
_____ 4. Not all changes in the external environment provides business opportunities.
_____ 5. Discovery and advancement in not use of technology are additional good source of business opportunities.
_____ 6. Interest and hobbies of the people are possible good source of entrepreneurial ideas.
_____ 7. Industry environment of business is under technological discovery and advacement sources of opportunities.
_____ 8. The variables in the physical environment include the economic forces.
_____ 9. Entrepreneurial heart flame refers to the ability of the entrepreneur to sense without using the five senses.
_____ 10. Entrepreneurial mind frame does not permits the entrepreneur to see things in a very positive and
optimistic light.

II – ESSAY. Answer what is being asked. Write your answers on the space provided.
1. Explain the five forces competing within the industry. (10 pts.)

2. What are the basic foundation that the entrepreneur must have in seeking opportunities? (10pts)

3. Give at least two (2) Career Opportunities of Entrepreneurship and explain each in your own words. (5 pts)

4. What are the factors affecting entrepreneurship? (5 pts.)

“Never stop praying.” 1 Thessalonians 5:17

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