HOW TO PUT UP YOUR BUSINESS COMPANY

Brofar, Lynette Pauline D.

Question 1
According to Fernando, which of the following characteristics do engineers like him possess?
A) They are more theoretical and prefer abstract thinking.
B) They are more practical and prefer to focus more on solving problems.
C) They are primarily interested in research and development.
D) They tend to avoid problem-solving tasks.
Answer: B) They are more practical and prefer to focus more on solving problems.
Question 2
What is Henry Lim Bon Liong's background and notable contributions?
A) Electrical engineering graduate; leader in the Philippine paper industry; pioneer in solar energy.
B) Mechanical engineering graduate; leader in the Philippine paper industry; pioneer of hybrid rice
technology.
C) Agricultural science graduate; leader in renewable energy; advocate for self-sufficiency in rice
production.
D) Software engineering graduate; leader in information technology; promoter of sustainable agriculture.
Answer: B) Mechanical engineering graduate; leader in the Philippine paper industry; pioneer of hybrid
rice technology.
Question 3
What are the three primary categories of technical entrepreneurial businesses?
A) Construction, Hardware Supply, and Solar Energy
B) Services, Sales, and Manufacturing
C) Consultancy, Renewable Energy, and Information Technology
D) Project Management, MEPF Practice, and Fixture Manufacturing
Answer: B) Services, Sales, and Manufacturing
Question 4
What are some disadvantages associated with entrepreneurship?
A) Stable income, predictable working hours, collaborative decision-making.
B) Financial security, short workdays, reliance on teamwork for decisions.
C) Riskiness, irregular income, long working hours, sole decision-making.
D) Entrepreneurial stability, fixed income, work-life balance, team-based decisions.
Answer: C) Riskiness, irregular income, long working hours, sole decision-making.
Question 5
How can entrepreneurs seek financing for their business ventures?
A) Talk to their existing bank, consider local investors, explore venture capitalists and angel investors,
and approach friends and relatives.
B) Contact venture capitalists exclusively for funding.
C) Rely solely on bank loans for financing.
D) Seek funding from friends and relatives without disclosing potential risks.
Answer: A) Talk to their existing bank, consider local investors, explore venture capitalists and angel
investors, and approach friends and relatives.
Question 6
What is a common approach for selecting a business name and logo?
A) Using completely unrelated initials.
B) Incorporating the initials of the owner's name.
C) Utilizing random letters and numbers.
D) Choosing names that reflect popular trends.
Answer: B) Incorporating the initials of the owner's name.
Question 7
What strategies can entrepreneurs use to build a customer base for their business?
A) Only by creating a website.
B) By relying solely on word of mouth and networking.
C) Through a combination of marketing, offering free samples, networking, having a website, and
creating a company profile.
D) By attending conferences and charity galas exclusively.
Answer: C) Through a combination of marketing, offering free samples, networking, having a website,
and creating a company profile.
SOLAR BUSINESS SEMINAR
Question 1
What was the total primary energy supply (TPES) per capita for the Philippines in 2012?
A) 0.44 tons of oil equivalent (toe) per capita
B) 0.37 tons of oil equivalent (toe) per capita
C) 0.73 tons of oil equivalent (toe) per capita
D) 206 kWh per capita
Answer: A) 0.44 tons of oil equivalent (toe) per capita
Question 2
What impact does the high electricity rate in the Philippines have on the competitiveness of its products
compared to neighboring countries with lower electricity rates?
A) It has no impact on competitiveness.
B) It makes Philippine products more competitive.
C) It makes Philippine products less competitive.
D) It results in similar competitiveness compared to neighboring countries.
Answer: C) It makes Philippine products less competitive.
Question 3
What is one of the anticipated effects of widespread home rooftop solar energy adoption on the economy?
A) Increased electricity rates for power plants.
B) Higher charges for distribution utilities.
C) A gradual decrease in the cost per kilowatt-hour (kWh) of electricity.
D) Reduced job opportunities in the country.
Answer: C) A gradual decrease in the cost per kilowatt-hour (kWh) of electricity.
Question 4
What is the likely impact of industrialization on power companies and utilities?
A) Bankruptcy due to decreased customer base.
B) Increased customers, sales, and profits.
C) No change in their financial status.
D) Reduced industrialization due to power company bankruptcy.
Answer: B) Increased customers, sales, and profits.
Question 5
What is the proposed program regarding solar rooftops and government funding?
A) The government should fund solar rooftops on every Filipino home.
B) The government should reduce funding for solar rooftops.
C) Solar rooftops are not a viable option for energy generation.
D) The government should fund solar rooftops for industrial use only.
Answer: A) The government should fund solar rooftops on every Filipino home.
Question 6
What are some ways to increase reliability in energy supply?
A) Reducing the use of solar power for home-based enterprises.
B) Exporting surplus energy from home solar rooftops to the Grid.
C) Encouraging the use of storage batteries for 24/7 power supply.
D) Eliminating the use of renewable energy sources in combination with solar power.
Answer: C) Encouraging the use of storage batteries for 24/7 power supply.
Question 7
What potential benefit could the installation of solar panels above the catenary of LRT/MRT systems
bring to mass transit systems?
A) Increased operating costs for mass transit.
B) A reduction in energy production.
C) Higher fare rates for commuters.
D) Traffic reduction and mitigation.
Answer: D) Traffic reduction and mitigation.
Question 8
What is the potential capacity for solar energy generation from various types of roofs and large areas?
A) 100 million homes with a total capacity of 3,000MW.
B) 22.9 million homes with a total capacity of 6,000MW.
C) 100 million homes with a total capacity of 6,000MW.
D) 22.9 million homes with a total capacity of 3,000MW.
Answer: C) 100 million homes with a total capacity of 6,000MW.
Question 9
Where can you find a list of battery suppliers?
A) Motolite, RLBS Engineering, One Point System
B) ZDW Trading, FEMP Safety Eng'g, Neutron Battery
C) Metrogreentech, EP Solar, Others
D) EP Solar, ZDW Trading, Neutron Battery
Answer: A) Motolite, RLBS Engineering, One Point System
Question 10
What are some recommended maintenance tasks for solar panels?
A) Cleaning the top surfaces, checking the output voltage, and inspecting DC wiring.
B) Cleaning the top surfaces with a hard brush, checking the output voltage weekly, and replacing all DC
wirings.
C) Leaving the panels uncleaned, checking the output voltage annually, and ignoring DC wirings.
D) Cleaning the bottom surfaces, checking the output current, and inspecting DC wirings.
Answer: A) Cleaning the top surfaces, checking the output voltage, and inspecting DC wiring.
Question 11
What are some recommended maintenance tasks for solar controllers/chargers?
A) Cleaning dust, ensuring vent openings are blocked, and checking relays.
B) Checking battery cell levels, ignoring controller cleanliness, and checking relays.
C) Cleaning dust, inspecting vent openings, checking terminals and connections, and monitoring battery
cell levels.
D) Ignoring dust and dirt, checking relay operation, and monitoring battery cell levels.
Answer: C) Cleaning dust, inspecting vent openings, checking terminals and connections, and monitoring
battery cell levels.
Question 12
What are some recommended maintenance tasks for batteries?
A) Cleaning battery surfaces, tightening terminal connections, and checking electrolyte levels.
B) Ignoring battery surfaces, disconnecting terminal connections, and monitoring specific gravity.
C) Cleaning battery surfaces, cutting off stranded cable ends, and checking electrolyte levels.
D) Leaving terminals corroded, ignoring specific gravity, and cutting off stranded cable ends.
Answer: A) Cleaning battery surfaces, tightening terminal connections, and checking electrolyte levels.