Task Number 1: Multiple Choice Activity (2 points each)

1. “entreprendre” means ___________________

A. To undertake

B. To Make

C. To create

D. To understand

______2. Which of the following is the direct contribution of entrepreneurship to the government?

A. Entrepreneurship provides employment which enables employees to pay taxes

B. Entrepreneurship provides goods and services which encourages consumers to purchase

C. Entrepreneurship adds more national income through business creation

D. Entrepreneurship address the needs and wants of the government

______3. Which of the following is the indirect effect entrepreneurship to the government?

A. Entrepreneurship provides employment which enables employees to pay taxes

B. Entrepreneurship provides goods and services which encourages consumers to purchase

C. Entrepreneurship adds more national income through business creation

D. Entrepreneurship address the needs and wants of the government

______4. The flexibility characteristics of entrepreneurs refers to ________________?

A. Responds to changes if deemed necessary

B. Always be prepared for the upcoming changes in the future

C. Adjust only when the changes occurred

D. All of the above

______5. This online social network allows you to brand yourself such as putting your
accomplishments and your other experiences.

A. LinkedIn

B. PartnerUp

C. The Funded

D. BIDA

______6. Famous for his Mercury Drug Story.

A. Henry Sy, Jr.

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 B. Socorro Ramos

C. Tony Tan Caktiong

D. Henry Sy, Sr.

______7. Which of the following is/are the roles of mentors/teachers in your pursuit of success?

A. Acts as your first customer

B. Acts as filter to your ideas and decisions

C. Acts as the motivator to do something good

D. All of the above

______8. Richard Cantillon coined the word ______________

A. Entrepreneurship

B. “entreprendre”

C. Entrepreneur

D. All of the above

______9. Which of the following is the main philosophy of Amancio Ortega?

A. Agility is the key

B. Intelligence is the key

C. Attitude is the key

D. Speed is the key

______10. Famous for his Alibaba Group.

A. Jack Ma

B. Jackie Chan

C. Kim Jack

D. Jack Minh

______11. For entrepreneur, N.O. means _______________

A. Next Option

B. Next Order

C. Next Opportunity

D. Next Outcome

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 ______12. Which of the following is the importance of self-profiling?

A. Allows you to gather information outside

B. Can help you in developing opportunity profile for available opportunity

C. Allows you to determine your Strength and Weaknesses

D. Allows you to determine whom should you trust.

______13. In entrepreneurship, resilience refers to_______________

A. Building tenacity in every situation

B. Committing mistakes is healthy

C. Learning from mistakes is an advantage

D. Nobody’s perfect

______14. It is a myth that refers to the principle that entrepreneurs are fighters and do not believe to
surrender

A. Entrepreneurship is all about Luck

B. Entrepreneurs are innovative

C. Entrepreneurs do not quit

D. No retreat no surrender ______

15. Calculated risks mean ________________

A. Knowing what is the limit of every decision

B. Studying every angle of opportunity before hopping in

C. Development of opportunity profile for a certain opportunity

D. All of the above

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 Refers to any ‘undertaking’ of a person with
independent mind and thought that aims to
create change and innovation by taking every
available risk and resources
Select one:
a. Economics
b. Business
c. Entrepreneurship
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A French economist during the 17th century

believed to have given the term
entrepreneurship.
Select one:
a. Richard Branson
b. Richard Cantillon
c. Richard Merk
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 Question text

People believe that quitting is a big mistake

which tends to veer away of becoming an
entrepreneur.
Select one:
True
False
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“Entreprendre” means
Select one:
a. To undertake
b. To create
c. To destroy
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One of the important trait of an entrepreneur.

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 Select one:
a. Bossy
b. Accountability
c. Know it all
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A process that is deemed important as it tests

hypotheses and determines the possible size of
your target customers.
Select one:
a. Human resource
b. Market
c. Market research
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Good times makes the entrepreneur stronger

and bolder.
Select one:

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 True
False
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Refers to an intended product or service for

which customers will pay more than cost the
venture it provided.
Select one:
a. Profit
b. Economics
c. Opportunities
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Meant to address a lacuna or gap between

products supplied and demanded by the
players of market.
Select one:
a. Imagination

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 b. Idea
c. Procrastinate
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There are six steps in the Entrepreneurial Mind

Process.
Select one:
True
False

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