To Republic of the Philippines

Department of Education
Region -X Northern Mindanao
Division of Lanao del Norte
Munia District
MUNAI NATIONAL HIGH SCHOOL
Entrepreneurship
Prelim Examination @ 2nd Semester
General Instruction: Read the Direction Carefully.
Test I. Multiple Choice: Read carefully the sentence and encircle the best answer.

1. It is derived from the French word “entreprendre” which means to undertake.

a. Management b. Organization c. Entrepreneur d. Entrepreneurship
2. Refers to the process of actions of an entrepreneur who is always in search of something new to exploit
new ideas.
a. Initiative b. Proactive c. Perseverance d. Planner
3. One of the personal factors that refers to the doing things before they asked.
a. Initiative b. Proactive c. Perseverance d. Planner
4. It works against all odds to overcome obstacle and is never complement with success.
a. Perseverance b. Problem solver c. Persuasion d. Self confidence
5. This is how you convinces customers and finances to patronize his business.
a. Persuasion b. Self confidence c. Self-critical d. Risk taker
6. An entrepreneur is basically who tries to develop new technology, product and markets.
a. Innovation b. Assumption of Risk c. Research d. Persuasion
7. He/she is always prepared for assuming losses that may arise on account of new ideas.
a. Persuasion b. Self-confidence c. Self-critical d. Risk taker
8. Refers to the entrepreneur that have the ability to think, newer, better and more economical ideas of
business organization and management.
a. Innovative Entrepreneur b. Imitating Entrepreneur c. Fabian Entrepreneur d. Drone
Entrepreneur
9. A person who lives on the labor of others and the individuals who are satisfied with the existing mode
and speed of business.
a. Innovative Entrepreneur b. Imitating Entrepreneur c. Fabian Entrepreneur d. Drone
Entrepreneur
10. Skeptical about the changes to be made in the Organization.
a. Innovative Entrepreneur b. Imitating Entrepreneur c. Fabian Entrepreneur d. Drone
Entrepreneur
11. It is a formal statement of a set of business goals that describes the reasons why they are attainable.
a. Business Plan b. Project Proposal c. Business Proposal d. None of the Above
12. One of the categories of Business Plan that describes the goals of a particular project.
a. Project Plan b. Business Plan c. Operational Plan d. Marketing Plan
13. It describes the goals of a particular project.
a. Project Plan b. Business Plan c. Operational Plan d. Marketing
Plan
14. It guides the proponent or investors on the overall feasibility of the proposed project at a glance.
a. Executive Summary c. Management and Personnel Feasibility
b. d. Project Back ground d. Project Background
15. Refers to the foundation of a marketing Plan
 a. Marketing Strategies b. Marketing Plan c. Marketing Activities d. None of the Above
16. Refers to the manufacturing aspects of the product.
a. Marketing Strategies b. Marketing Plan c. Marketing Activities d. None of the Above
17. It includes all the ways to tell customers about the product or services and how to market or sell.
a. Place b. Promotion c. Price d. Product
18. It develops the habit of continually examining and re examine the prices of the product and services to
sell for making sure they’re still appropriate to the realities of the current market.
a. Price b. Product c. Promotion d. Place
19. The one who ensure the organization continuous flow of needed and reasonably priced inputs or materials
required for producing their goods and rendering services.
a. Suppliers b. Consumers c. Employees d. Employer
20. The one who patronize the organizations products and services.
a. Suppliers b. Consumers c. Employees d. Employer
21. The Entrepreneur who is committed to the entrepreneurial effort because it makes good business sense is
classed as an__________?
a. Inventor b. Opportunities c. Craftsman d. Hacker
22. Common reason for entrepreneurial endeavor include all but which one of the following?
a. Poor Implementation b. Lack of Capital c. Faulty Product Design d. Ineffective Human
resource
23. It is defined as the Blueprint describing the business strategy for entering the market place and explains
the business investors.
a. Business Plan b. Business Trading c. Entrepreneurship d. Power
24. For the small business owners, one of the most important objectives is?
a. Profitability b. Growth c. Innovation d. Trading
25.Of the following, which is best identified when a business with an established name and product is sold
to additional owners along with the right to distribute product?
a. Franchise b. Trade off c. Barter d. Manufacturing
26. Which of the following is not considered a common characteristics of an entrepreneur?
a. High Need of achievement b. Self-confidence c. Willing to take the Risk d. Focus
27.