Republic of the Philippines

Department of Education
Schools Division Office of Sorsogon
Danao National High School

Entrepreneurship-12
Test I. Multiple Choice
Encircle the correct answer.
1. Entrepreneur originates from the French word “entreprende” which means?
A. To underestimate C. To undertake
B. To signify D. To undergo
2. It is an art of observing correct practices in managing and operating self-owned wealth creating business
enterprise by providing goods and services that are valuable to customer.
A. Small business C. Entrepreneurship
B. Ordinary small business D. Ventures
3. Refers to a business that correctly adopts and practices the principles of entrepreneurship. It is owned by one
person with a limited workforce of not more than 20 persons.
A. Venture C. Small Business
B. Entrepreneurship D. Ordinary small Business
4. Pertains to a business enterprise managed and operated by an owner who is not advocate of and does not
practice concepts and principle of entrepreneurship.
A. Venture C. Ordinary small business
B. Entrepreneurship D. Small business
5. Refers to a person who advocates and correctly practices the concepts and principles of entrepreneurship in
operating and managing the self-owned entrepreneurial venture.
A. Retailer C. Entrepreneur
B. Customer D. Businessperson
6. It simply refers to the human workforce involved manufacture of products.
A. Machine C. Manpower
B. Method D. Materials
7. It refers to the process or technique of converting raw materials to finished product.
A. Machine C. Method
B. Manpower D. Materials
8. Refers to the material simply needed in the production of a new product.
A. Machine C. Materials
B. Method D. Manpower
9. Refers to the manufacturing equipment used in the production of goods or delivery services.
A. Materials C. Machine
B. Method D. manpower
10. Which of the following is not included in the selection of materials?
A. Cost C. Required skills to do work
B. Quality D. Waste that the raw material may produce
11. The intermittent production system includes the following features except:
A. Variety of product to be manufactured
B. Production flow is not continuous
C. The skills required in running equipment
D. The production dependent on the orders of the customer
12. The product is usually substantial in size and is bound by a specific time to complete it.
A. Batch method C. Project method
B. Job order method D. Production system
13. It refers to the tangible good and intangible services offered by the business to the target consumers.
A. Packaging C. Product
B. Positioning D. People
14. Refers to the mode of conveying the presence and attribute the product to the target customers.
A. People C. Promotion
B. Positioning D. Product
15. It refers to the place occupied by the product from the perspective of a customer driven position.
A. People C. Positioning
B. Place D. Packaging
TEST II. TRUE OR FALSE ( 2 points each)
Write True if the statement is correct. Otherwise write False and state your reason briefly.

___________1. Input includes materials, manpower, methods, and machine.

_________________________________________________________
___________2. All businesspeople are entrepreneurs.
_________________________________________________________
___________3. Having a degree in entrepreneurship will assure a person that his/her business endeavor will succeed.
_________________________________________________________
___________4. Knowing all the entrepreneurial concepts will assure a person a becoming a successful.
_________________________________________________________
___________5. The satisfaction of human wants makes the human person to survive.
_________________________________________________________
___________6. Human needs are limited to a total of five needs.
_________________________________________________________
___________7. When all the products of the entrepreneurial venture carry one brand name, the approach adopted is
line extension approach.
_________________________________________________________
___________8. Needs simply refers to the thing that the person must have in order to die.
_________________________________________________________
___________9. The important elements of the production system are the input, the transformation
process, and the output.
_________________________________________________________
___________10. Heterogeneous product has a physical appearance, taste, or chemical content that can
hardly be distinguished from that of the other products.

TEST IV. Enumeration

______________1. All products of the business carry the same brand name.
______________2. Every product of the same business has a separate brand name that distinguishes it from the rest of
the company’s product.
______________3. The existing product has been modified or altered resulting a new product without eliminating the
original product.
______________4. A product carries the brand name a new category.
______________5. Refers to the name, design, color, symbol, quality, features, or a combination of these elements of
product separate and the distinct from similar product of the competitors.

TEST III. Explain each level of needs. 3 points each

SELF-
ACTUALIZATION

SELF-ESTEEM

SOCIAL

SAFETY

PHYSIOLOGICAL

MASLOW’S HIERARCHY OF NEEDS

 Your answer will be rated using the rubrics below

SCORE CRITERIA

3 Explain very clearly the given level of needs with a detailed and relevant example.

2 Explain clearly the given level of needs.

1 Explain partially the given level of needs.

Part II.

1. Which of the following is not a definition of Entrepreneurship?

a. It creates opportunities, ensures social justice, instills confidence and stimulates the
economy.
b. It is important part of the economic growth strategies of many local and national
governments around the world.
c. Refers to a person who sets up a business with the aim to make a profit.
d. The act of creating a business or businesses while building and scaling it to generate a
profit.
2. Which of the following is a relevance of Entrepreneurship to SHS Students?
a. It generates new wealth in an economy
b. It aids students from all socioeconomic backgrounds to think outside the box
c. It creates opportunities and ensures social justice
d. It create jobs
3. Which statement is not correct about the status of entrepreneurship in the Philippines?
a. The number of business establishments formed every year would generally show an
increasing trend
b. N-entrepreneurs are people who can secure resources such as technology and
information to gain distinct, sustainable, competitive advantages.
c. In 2005, the top 50 Philippines corporations in terms of sales could be broken down
into 25 private domestic firms, 20 foreign firms and 5 government-owned and/or
controlled corporations
d. The 22 companies could be identified with 11 families and individuals, mostly
Filipinos of Chinese ethnic background
4. Which of he following words is not associated with entrepreneur?
a. Innovative c. collaborative
b. Impulsive d. creative
5. The following are ancient concepts of “entreprende” except
a. To start c. To earn
b. To venture d. To undertake

Part II.
6-10. Directions: In the table below, write down at least five (5) sentences why you want to
become an Entrepreneur someday.

The following motivates me to become an entrepreneur someday:

1.

2.

3.

4.

5.
Part III.

RESUME 11-15.
Assess
Name Age

Address Gender

CP Number

My Skills

Interests

Strengths

Weaknesse
s

Based on your personal assessment, do you

have the characteristics of an Entrepreneur?
Why?

yourself by completing the table below.

Part IV. 16-20 Essay

What are the values that can be developed when you enter an entrepreneurial
opportunity?
 Criteria 5 4 3 2

Ideas Presents ideas in an Presents ideas in a Ideas are too general Ideas are vague or
original manner consistent manner unclear

Organization Strong and Organized beg/ mid/ Some organization; No organization; lack
organized beg/ mid/ end attempt at a beg/ beg/ mid/ end
end mid/ end

Understanding Writing shows Writing shows clear Writing shows Writing shows little
strong understanding adequate understanding
understanding understanding

Word Choice Sophisticated use of Nouns and verbs Needs more nouns Little or no use of
nouns and verbs make essay and verbs nouns and verbs
make essay very informative
informative

Sentence Sentence structure Sentence structure Sentence structure is No sense of sentence

Structure enhances meaning; is evident ; limited; sentences structure or flow
flows throughout sentences mostly need to flow
piece flow

Mechanics Few ( if any) Few errors Several errors Numerous errors

errors

Prepared by:

ROMMEL A. GERSALIA
SHS-TVL