FIRST PERIODICAL

EXAMINATION
TECHNOLOGY AND
LIVELIHOOD EDUCATION –
COMPUTER HARDWARE
SERVICING 9
Multiple Choice: 40 POINTS
Direction: Carefully read and analyze each question.
Choose the correct answer and mark it on the
provided answer sheet. Please avoid making erasures
as each item is worth 1 point.
 1. What is
one of the A.Creativity
fundamental
characteristic B.Self-confidence
s of an
entrepreneu C.Introversion
r mentioned
in the text? D.Procrastination
 2. What A. Ignore them
should an B. Give up on their
entreprene business
ur do with C. Blame others
failures, D. Embrace them as
according learning
to the text? experiences
 3. Which A.Goal orientation
characteristic
mentioned in B.Hard work
the text is most
crucial for an C.Profit
entrepreneur's orientation
long-term
success? D.Risk-taking
 4. How can an
entrepreneur A.By doing what they say
demonstrate and being fair
that they are B.By taking excessive risks
"reliable and
have integrity" C.By setting low standards
in their D.By avoiding feedback
business from others
dealings?
5. Which of the
following A.Self-confidence
characteristics
is NOT
B.Reliability and
considered a integrity
fundamental
characteristic C.Procrastination
of an
entrepreneur?
D.Hardworking
 6. What A. Give up and start a new
should an business venture
entrepreneur B. Ignore the failures and
continue as before
do when
C. Learn from the mistakes
faced with and turn failures into
failure learning experiences
according to D.Blame others for the
the text? failures
 7. An A. They have no clear objectives
entrepreneur is for their business.
described as B. They focus on short-term
goals only.
"goal-oriented"
C. They constantly change their
business goals to adapt to
in the text. What market trends.
does this mean
for their D. They set long-term goals and
approach to meticulously plan to achieve
business? them.
 8. Why is A. Risk-taking always leads to
guaranteed success.
being a risk- B. It allows entrepreneurs to
taker avoid all potential challenges.
considered an C. Entrepreneurs should never
important take risks in business.
characteristic D. Risk-taking helps
for an entrepreneurs overcome
obstacles and find
entrepreneur? opportunities.
 9. Which A. Copes with
characteristic of
an entrepreneur Uncertainty
involves the B. Hard working
ability to
handle C. Future-Oriented
unexpected
events in the
D. Takes the
business? Initiative
 10. What A.They focus on personal
does it development.
mean for an B. They aim to maximize
financial gains.
entreprene C. They prioritize customer
ur to be satisfaction.
profit- D.They seek feedback from
oriented? others.
 11. Which
characteristic of A.Persistence
an entrepreneur
emphasizes the
B.Self-Confidence
importance of C. Goal-Oriented
setting clear
goals and plans D.Responds to
for achieving
them? Feedback
 A.It helps them take more
12. Why is risks.
being reliable
B.It reduces the need for
and having hard work.
integrity
important for C.It makes them less
future-oriented.
an
entrepreneur? D.It builds a good
reputation and trust.
 13. An A.Avoid taking risks
entrepreneur B.Succumb to failures
who is self- easily
confident and C.Seek constant external
believes in validation
their abilities D.Overcome challenges
is more likely and persist in their
to: endeavors
14. How does A. By avoiding any financial risks
B. By focusing solely on short-
an term gains
entrepreneur C. By ensuring their business
demonstrate generates income for
a profit- themselves and their family
D. By prioritizing personal
oriented interests over business
mindset? success
 15. Which
characteristic of A.Self-confidence
an entrepreneur
involves setting B.Goal-oriented
clear goals,
organizing C. Hard work
activities, and
planning
D.Responds to
according to long-
term objectives?
feedback
 16. How can A.By being patient and
an addressing unusual events
as challenges
entrepreneur
B.By avoiding any uncertain
effectively situations
cope with
C. By relying solely on their
uncertainty intuition
in their D.By giving up when facing
business? uncertain circumstances
 A. To gather information about
17. What is the
the business environment
primary purpose
of conducting B. To identify personal interests
environmental and hobbies
scanning in the C. To analyze the weaknesses
context of of competitors
entrepreneurship D. To evaluate the profitability
? of a business idea
 A. Basic needs are extravagant and
luxurious, while wants are
essential for survival.
18. How do basic B. Basic needs are essential for
needs differ from survival, while wants are desires
and luxury items.
wants in the context
C. Basic needs are determined by
of business and government regulations, while
entrepreneurship? wants are not regulated.
D. Basic needs are always more
expensive than wants.
19. Which step A.Environmental
in the process
of generating
scanning
business ideas B.Selecting the right idea
involves C.Generating ideas for
narrowing business
down potential
ideas to about D.Conducting SWOT
five choices? analysis
 20. When
conducting A.Sales
a SWOT B.Success
analysis,
what does C.Strategies
the "S"
stand for? D.Strengths
 21. Why is it A.To determine the cost of
important to starting the business
examine the B.To avoid any government
competition regulations
and market C.To assess the potential for
demand when success and profitability
selecting a D.To identify personal
business idea? interests and hobbies
 22. What is A. Identifying potential
the purpose competitors
of B. Assessing the strengths and
weaknesses of a business idea
environment C. Gathering information about
al scanning in the business environment for
the context of strategic purposes
entrepreneurshi D. Creating new products and
p? services
 A.Wants are basic necessities,
23. According while needs are luxury items.
to the lesson, B. Wants signify wealth, while
how are needs are essential for living
"wants" with dignity.
different from C. Wants are non-essential,
while needs are essential for
"needs" in survival.
business? D.Wants and needs are used
interchangeably in business.
 24. What is A.Choosing between two
the first stage options
in the process B.Screening ideas to narrow
them down to about five
of selecting a choices
business idea, C. Assessing the capital
as mentioned needed for the business
in the D.Identifying the demand for
module? the product
 A. An assessment of the internal
25. In the strengths and weaknesses of a
environmental business
scanning B. An analysis of the strengths and
weaknesses of competitors
process, what C. A thorough examination of the
does the term community's technological
"SWOT advancements
D. A review of government
analysis" refer regulations related to business
to? operations
26. Based on the a) A daycare center for
provided children
information,
which business b) A luxury car
idea would be dealership
most suitable for c) A high-end
the new housing
project targeting
restaurant
young couples d) An exclusive jewelry
with two kids? store
 27. What is A.To determine the
the purpose competitors' profiles
of identifying B.To create marketing
the profile of slogans
potential C. To tailor products and
services to customer needs
customers in
entrepreneurshi D.To set the price of products
p? and services
 28. Why is A. It helps the business choose
understanding the best location.
the B. It allows the business to create
demographic personalized marketing
campaigns.
characteristics
C. It ensures that the business
of potential complies with government
customers regulations.
important for a D. It helps the business determine
business? its competition.
 29. You are starting A. Setting the restaurant's operating
a new restaurant hours to cater to this
business. Based on demographic's work schedule
demographic B. Choosing a location in a retirement
information, you community to attract a different
know that your customer base
potential customers C. Offering discounts to senior
are mostly young citizens to expand the customer
professionals in their base
20s and 30s. What is
an application of this D. Hiring older employees to relate
knowledge? better to the younger demographic
 30. Imagine you are
running a fashion A.Analyze the competition's
boutique. You have pricing strategies
identified that your
potential customers B. Analyze the purchasing
are primarily college power of the customers
students with limited C. Analyze the latest fashion
budgets. What
analysis should you
trends
perform to cater to D.Analyze the cost of rent for
this customer profile your boutique's location
effectively?
 31. You are considering A.Offering high-intensity
opening a fitness center.
After identifying the CrossFit classes
profile of potential B. Providing a variety of yoga
customers, you find that
they are mostly middle- and Pilates classes
aged adults looking for
low-impact exercise
C. Focusing on weightlifting
options. Which of the and bodybuilding equipment
following decisions
would be most D.Extending the operating
appropriate to serve hours for late-night
this customer base
effectively?
workouts
 A.To understand the needs
32. What is and wants of customers
the primary B. To determine the
goal of demographics of potential
customers
consumer
C. To identify the strengths and
analysis in weaknesses of competitors
entrepreneurship
? D.To set the pricing strategy
for products and services
 A. Consumer analysis focuses on the age and
33. How does gender of potential customers, while
demographic analysis focuses on their
consumer preferences.

analysis B. Consumer analysis delves into the specific

needs and preferences of potential customers,
while demographic analysis provides general
differ from population statistics.

demographic C. Consumer analysis involves understanding the

psychological factors influencing customer
analysis in behavior, while demographic analysis focuses
on their geographic location.
entrepreneurshi D. Consumer analysis is only relevant for
businesses targeting a broad customer base,
p? while demographic analysis is essential for niche
markets.
 34. You are planning
to start a skincare A. Develop a marketing
product line. campaign targeting a
Through consumer younger demographic
analysis, you B. Create skincare products
discover that
potential customers with synthetic ingredients
are concerned about C. Focus on anti-aging products
aging skin and prefer with natural ingredients
natural ingredients.
What action should D. Offer discounts to attract a
you take based on wider customer base
this information?
 35. A restaurant A.Offer a menu with more
owner conducts
consumer analysis fried and fast-food options
and finds that B.Increase the prices of all
customers in the
area prefer healthy
menu items
and organic food C.Extend the restaurant's
options. What operating hours
strategic decision
can the owner make D.Introduce a salad bar and
based on this organic food selections
analysis?
36. You are managing A. Invest in additional printed book
a bookstore. titles to cater to traditional
Consumer analysis
reveals that
readers
customers are looking B. Launch a marketing campaign to
for more e-books and promote printed books
audiobooks. However, exclusively
the majority of your
inventory consists of C. Expand the e-book and
printed books. How audiobook sections of the store
should you respond to D. Discontinue printed book sales
this consumer entirely to focus on digital
preference? formats
 37. What is A. To determine the age and
the primary gender of potential customers
B. To understand the preferences
purpose of and behaviors of consumers
conducting C. To identify the location of
consumer/mar competitors' businesses
ket analysis in D. To establish the pricing
entrepreneurship strategy for products and
? services
 A. Market analysis focuses on the needs
38. How and wants of customers, while consumer
analysis examines the overall industry.
does market B. Market analysis involves studying the
analysis competition, while consumer analysis
focuses on demographic information.
differ from C. Market analysis looks at the broader
industry trends and dynamics, while
consumer consumer analysis delves into specific
customer preferences.
analysis in D. Market analysis is only relevant for large
entrepreneurship corporations, while consumer analysis is
? essential for small businesses
39. A bakery owner A.Develop a variety of gluten-
conducts market free and dairy-free baked
analysis and finds goods
that there is a
significant demand B. Focus on traditional baked
for gluten-free and goods with gluten and dairy
dairy-free baked ingredients
goods in the area. C. Expand the menu to include
What strategic
decision can the more meat-based items
owner make based D.Increase the prices of all
on this analysis? baked goods
 40. You are planning A. Compete directly with the
to open a clothing established brands by offering
store. Market analysis similar products
reveals that there is B. Ignore the competition and
stiff competition from
focus on aggressive marketing
well-established
fashion brands in campaigns
your area. How C. Close the business before it even
should you evaluate starts to avoid the competition
this information to
make informed D. Consider targeting a niche
decisions about your market with unique and
business strategy specialized clothing items