Republic of the Philippines

Department of Education
REGION III – CENTRAL LUZON
SCHOOLS DIVISION OFFICE OF NUEVA ECIJA
MAMBANGNAN NATIONAL HIGH SCHOOL
San Leonardo, Nueva Ecija

1st Quarter Examination in Entrepreneurship

Name: _____________________________________________ Date: ___________________
Block: ____________________________

I. Read each item carefully. Write only the letter of your answer on the space provided before the number.

_____1. It is the science of converting ideas into business.

a. Opportunities b. Entrepreneurship c. Idealization
_____2. He is the one who organizes, manages and assumes the risk of a business.
a. Entrepreneur b. Businessman c. Organizer
_____3. It refers to commercial as a mean of livelihood.
a. Entrepreneurship b. Business c. Management

4-10. Identify the personal competency being described in each item. Choose from the choices in the box.

a. Leadership Qualities e. Willingness

b. Decisive f. Enterprising
c. Risk – Taking g. Innovative
d. Confident

_____4. A businessman has to take many decisions sometimes on the spur of the moment.
_____5. A businessman or woman must be able to guide others in carrying out business and make a success of it.
_____6. Business involves many risks, which a business person must not hesitate to take. Lot of financial
involvement is there and obviously one has to be careful with investments.
_____7. New concepts must be formulated and new ways of doing business must be thought of.
_____8. A businessman must not hesitate for personal or other reasons. Extending a helping hand is very
essential.
_____9. A businessman or businesswoman has to be sure of him or herself about reaching the set targets of
success.
_____10. One has to be enterprising in order to achieve significant results in business. He or she has to have the
zeal to do things.
_____11. He is a person employed for wages or salary.
a. Employee b. Employer c. Manager
_____12. It is the amount of money that is brought into a company by its business activities.
a. Profit b. Expenses c. Revenue
_____13. It is the money a business makes after accounting for all the expenses.
a. Profit b. Expenses c. Revenue
_____14. What is the primary goal of putting up a business?
a. to help people get jobs b. to grow professionally c. to earn money
15-18. What are the Interpersonal Competencies? Encircle four letters.
a. Communication e. Delegation
b. Business Vision f. Resource Management
c. Networking g. Negotiating Skills
d. Charisma h. Respect
19-22. What are the Business Competencies? Encircle four letters.
a. Communication e. Delegation
b. Business Vision f. Resource Management
c. Networking g. Negotiating Skills
d. Charisma h. Respect
 ____23. It refers to the process of promoting products and services on various social media platforms.
a. Mobile Advertisement b. Display Ads c. Social Media
____24. It includes pop-up ads.
a. Direct Mail b. Display Ads c. Print Advertising
____25. It refers to type of advertisement which is seen in public places.
a. Display Ads b. Television c. Outdoor
____26. It is a type of advertisement that plays ads during breaks.
a. Print Advertising b. Radio c. Direct Mail
____27. Which of the following is an example of Print Advertising?
a. brochure b. billboard c. mail
____28. It is an audio or visual form of marketing communication to promote or sell a product or idea.
a. Entrepreneurship b. Analysis c. Advertisement
____29. What are the core competencies in entrepreneurship?
a. Personal, Interpersonal and Business c. Personal, Professional, Business
b. Personal, Interpersonal, Network
____30. This type of advertisement is through any mobile device using internet connectivity.
a. Direct Mail b. Mobile c. Social Media

II. Write TRUE is the statement is correct and FALSE if it is not.

___________1. Planning should be based on wants and desire of the target market.
___________2. Planning should start with simple projects.
___________3. Business plan is a written document that describes how a business is going to achieve its goal.
___________4. Planning must be flexible and should be adjusted to such changes.
___________5. A business plan is also known as business needs.
___________6. Annual planning stage is done every month.
___________7. Unplanned stage is the last stage in business planning.
___________8. Top down and bottom up are the two examples of strategic plan.
___________9. Strategic plan includes ways or styles of planning a business.
___________10. SWOT means Strengths, Weaknesses, Organization, Threats

III. Enumerate the following

1-4. Stages of Business Planning
1. ________________________________
2. ________________________________
3. ________________________________
4. ________________________________
9-12. Principles of Planning
9. ________________________________
10. ________________________________
11. ________________________________
12. ________________________________

5-8. Components of Business Planning 13-15. Processes involves in Entrepreneurship

5. ________________________________ 13. ________________________________
6. ________________________________ 14. ________________________________
7. ________________________________ 15. ______________________________
8. ________________________________

Prepared by:
ABIGAIL G. DE GUZMAN
Teacher II
Checked by:
JESSICA F. MENDOZA
Head Teacher III
NOTED:

JOSEFINA R. ROQUE
Principal III