MABUHAY NATIONAL HIGH SCHOOL

ENTREPRENEURSHIP – 1ST SUMMATIVE TEST

NAME:__________________________________ GRADE & SECTION:__________________________

DATE:___________________________________ SCORE: _________________________

TEST 1
Directions: Fill in the blanks with the correct words needed to complete the thought in each sentence.
Write your answers on the space provided.

1. __________________ are the ones who pay cash in exchange for your goods and services.
2. __________________ is a state or situation in which people or groups are competing with each
other.
3. __________________ are the ones who provide something that is needed or wanted.
4. An ______________ is a “Risk Taker”.
5. Entrepreneur means _________________ .
6. ______________ is a personality factor which means convincing customers to buy the product.
7. _______________ anything that takes the place or function of another.
8. ______________________ is defined as companies or businesses that have the ability to
penetrate or enter into a particular industry.
9. __________________ it is the act or process of trying to get or win something.

10. ________________________ can be attained by assessing and looking at changes in the

environment; technological discovery and advancement; government’s thrust, programs, and
policies; people’s interest, and past experiences.

TEST II -ENUMERATION
Direction: List down or enumerate what are asked for each of the following:
11-15 What are the 5 forces competing within the industry
16-20 What are the types of Entrepreneurs
21-25 Give atleast 5 qualities of an entrepreneur

TEST III - FIX ME

Direction: Arrange the scrambled letters to form a correct word.
26. NISSUBES
27. PECITIONMTO
28. SUTEMOSRC
29. UTSBETIUST
30. KERTAM

TEST IV
ESSAY (10PTS)
Explain your answer concisely.

31-40. How entrepreneurship can affect your life?

GOOD LUCK!