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4th QTR Exam 2019 Entrep Acad Reviewer
4th QTR Exam 2019 Entrep Acad Reviewer
Ma Theresa DF Malco
MASTER TEACHER 1
ENTREPRENEURSHIP (ABM)
GENERAL INSTRUCTIONS: Review the following materials. The answer keys are indicated in BOLD.
A. Consumer expectation.
B. need that consumer claim.
C. specification that originates from customers.
D. requirements that company recognizes for customers.
A. household name.
B. trademark of a product or service.
C. name for a brand that is significantly popular.
D. signature that makes a product or services unique.
10. What is the 4Ms of operation? The 4Ms of operation is the ______________
For Numbers 19 – 22, Choose the correct answer from the box.
19. Which of the following statements suggest Manpower for operations in relation to the
business opportunity? D.
20. Which of the following statements suggest Methods for operations in relation to the
business opportunity? B.
21. Which of the following statements suggest Machine for operations in relation to the
business opportunity? C.
22. Which of the following statements suggest Materials for operations in relation to the
business opportunity? A.
For Numbers 23 – 25, Choose the correct answer from the box.
23. Which of the following statements suggest Market size in determining consumer behaviour
and customer demographics? B.
24. Which of the following statements suggest Customer requirements in determining cosumer
behaviour and customer demographics? C.
25. Which of the following statements suggest target market in determining cosumer
behaviour and customer demographics? D.
26. Which of the following statement is NOT Unique Selling Proposition? USP is not ________
28. Which of the following statement is NOT focused group discussion that validates customer
related concern? FGD is not a ______________
29. Which of the following statement is NOT an interview that validates customer related
cocern? Interview is not to __________________
30. Which of the following statement is NOT a survey that validates customer related cocern?
Survey is not a tool that / to __________________
31. Which of the following is NOT a concept in BRANDNAME? Brandname is not a _______
32. Which of the following is NOT a process of BRANDING? Branding is not a marketing practice
__________
A. of actively shaping a company’s product and or service.
B. to identify a product and distinguish it from other products and services.
C. Promotion of a particular product or company by means of advetising and distinctive
design.
D. Where a company creates a name, symbol or design that is easily identifiable as
belonging to the company.
33. Which of the following statement is NOT a concept of the 7Ps of Marketing? 7Ps is not
__________
A. a method of determining product strategy and product portfolio.
B. to review and define key issues that affect the marketing of its product and services.
C. the combination of seven elements of marketing that aim to work together to
achievethe objectives of a marketing strategy.
D. a process that refers to the flow of activities or mechanism that take place when there
is an interaction between the customers and the businesses.
34. Which of the following statement is NOT a concept of the 4Ps of Marketing? 4Ps is not a
____________
A. foundation model that centered around product, price, place, promotion.
B. set of marketing tools to pursue its marketing objectives in the target market.
C. used to continually evaluate and reevaluate business actviities on products and service
offering.
D. crucial tool to help understand product and service can offer and how to plan for
sucessful product offering.
35. Which of the following statement is NOT a concept of business model ? Business Model is
not a ___________
A. Specification describing how an organization fulfills its purpose.
B. conceptual structure supporting the viability of a business on it intends to operate and
make money.
C. description of rationale on how an organization creates, delivers, and captures value,
in economic, social and cultural.
D. business concept that includes basic information such as the service or product that
gives company advantage over competitors.
36. Which of the follwoing statement is NOT a concept of business process? Business process is
not to ________________
A. test, implement and monitor process established of the company.
B. define goals, plan and map the intended process of the company.
C. set actions and assign stakeholders to establish process of the company.
D. repeat the process once an establish process was made as it will be maintained as
it is.
For Numbers 37 – 45, Application of concepts learned on product/service development thru business
planning. Choose the appropriate answer from the box.
C. Planning D. Implementation/Execution
37. developing product/service description of the business concept for the Strand Business
Summit. C.
38. creating and testing protype of product/service for the strand business summit. D.
39. In the industry, validate the service description of the product with potential customers to
determine its market acceptability while in SBS, it is inform and as ask guidance from your
subject teachers on what service/product to choose in order to utilize your skills and
knowledge. A.
40. In the industry it is to select/pinpoint potential suppliers of raw materials and other inputs
necessary for the production of the product or service while in the strand business summit it
is determining the raw materails to utilize for the product or service to be offered. C.
41. In the industry, discuss the value/supply chain in relation to the business enterprise, in SBS it
is to determine the learned skills to execute and utilize business implementation. C.
42. In the industry, recruit qualified people for one’s business enterprise or pinpointing the right
person to do the specific duties during the planning and implementation of the business
execution of the strand business summit. D.
43. Collaboration with non-business strand to establish products and or service to be offered
during SBS business implementation. B.
44. Series of meetings and updates of teachers and students in the accomplishment of task for
the strand business summit. B.
45. Utilizing skills and knowledge as prototypes for products and or services to be offered
duirng the strand business summit. D.
For Numbers 46-54, Peruse (read and understand carefully) each sentence. Write “A” if it is TRUE and
“B” if it is false then beside the letter “B” write the word or phrae that make the sentence wrong at the
back of your bubble sheet.
46. A 5yr plan is good for the first 5 years of business implementation after this, a business may
continue without it because it has already served its purpose in planning. B.
47. A 5yr financial plan is the same as the 3yr financial plan in terms of purpose. B.
48. A 5yr financial plan describes where the business at a status quo and how a company
plans to achive its goals. A
49. Forecast revenue is to aid businesses in cash flow management to plan capital needs to
avoid missing payments, generating late fees, losing access to vendors and suppliers and
damaging company credit line. A
50. Forecast revenue determines how sales are calculated for the your industry and estimate
market share of the company. A
51. Forecast revenue determines the peak and slack days of business transaction and predict
price incraese for the following year. A
52. Cost forecasting determines the value of fixed and variable cost stipulated on the
comprehensive income statement. A
53. Increase in prices of raw materials and commodities are most essential in cost forecasting.
B