Republic of the Philippines

Department of Education
Region IX-Zamboanga Peninsula
Schools division of Zamboanga city
VITALI NATIONAL HIGH SCHOOL
Mialim, Vitali, Zamboanga city

2nd SUMMATIVE EXAMINATION IN ENTTEPRENEURSHIP

School Year 2021-2022
Name:_________________________________ Score:__________________
Grade & Section: ________________________ Date: __________________
I. MULTIPLE CHOICES: DIRECTIONS: Write the letter of the correct answer on the space provided for.

_____1. Type of market needs which problems doesn’t have yet undefined solutions?
a. Target Needs b. stated needs c. market problems d. silent needs

_____2. Product called It an entrepreneur’s business idea that can potentially become a commercial
a. Screening b. seizing c. Opportunity d. seeking

_____3. What do you call on viability into the future?

a. Profitability b. Income c. Sustainability d. Stocks

_____4. What type of 3s is this? It is the first step and is the most difficult process of all due to the number of options that the entrepreneur will
have to choose from.
a. Screening b. seizing c. Opportunity d. seeking

_____5. What do you call when it is a steady earnings market and expected to pay regular dividends to shareholder?
a. Profitability b. Income c. Sustainability d. Income Stocks

_____6. What do you call when the buyer of goods or services produced or rendered by the business called?
a. Market b. competitors c. Business d. Customers

_____7. Which have already purchased the product? When Market is consists of three different types of customer.
a. target users b. prospects c. existing customers d. target market

_____8.Is a type of customers who has not yet purchased the product but is considering it. What type of customer is this?
a. target users b. prospects c. Target market d. existing customers

_____9. Known on Its existing inefficiencies, awkward workflows or non- optimal solutions in market called?
a Target Needs b. stated needs c. market problems d. silent needs

_____10. What type of Rs is this? It is an attainment of rapid growth.

a. Responsiveness b. Range c. Reach d. Resources required

_____11. Viability means___________?

A. into the future b. for defined period c. Money d. Ability to survive

_____12. Niche Viability means?

_____13. When you say profit, what do you mean with this?
a. Income minus expenditure b. Viability into the future
c. Viability for defined period d. Money

_____14. Back reading lesson, how does money flows in growth phase?
a. phase, money flows into the company from investors b. The money return to the investors
c. The money flows into investors d. None of the

_____15. It is measured by its long-term survival and its ability to sustain profits over a period of time called?
a. Robustness b. profit c. Viability d. Income stocks

_____16. It is a type of 3s which process of cautiously selecting the best opportunity. What type of 3s is this?
a. Screening b. seizing c. Opportunity d. seeking

_____17. Which among these is one example of income stocks?

a. High-tech companies b. Utilities such as Water Company
c. Cost-cutting and good management d. Steady earnings

_____18. ________ are the ways on how to identify target market; except?
a. is the market problem needs capital? b. is the market problem urgent?
c. is the market problem pervasive? d. will the buyers pay to have this problem solved?

_____19. What do we mean with Robustness?

a. Viability across a range of environmental conditions. b. Viability into the future
c. Viability for defined period d. Viability in single specialized environment

_____20. What is step cost?

a. As volume increases, new fixed costs are incurred. b. As volume decreases, new fixed costs are incurred.
c. Loss of efficiency, reliability or performance. d. The money flows into investors
_____21. What is evaluation of your strengths and weaknesses?
a. Self-Assessment b. Employee
c. Entrepreneurship d. Entrepreneur
_____22. People who own, operate, and take risk of a business venture:
a. Aptitude b. Employee
 c. Entrepreneurs d. Entrepreneurship
_____23. The ability to learn a particular job:
a. Aptitude b. Employee
c. Entrepreneurship d. Entrepreneur
_____24. Which is NOT a disadvantage of Entrepreneurship?
a. Risky b. Uncertain Income
c. You are the boss d. Work long hours
_____25. Which is NOT an advantage of Entrepreneurship?
a. Can choose a business of interest. b. You can be creative.
c. Make a lot of money d. You will make decisions alone.

Prepared by: Signed by:

CARRENGIL L. DATU __________________
Caregiving 12-B Name of Parent/Guardians