QUIZ ENTREPRENEURSHIP

MULTIPLE CHOICE

1. It includes an integration of various functions, such as marketing research, new product development,
advertising, customer service, distribution and selling.
a. Selling b. Market c. Marketing d. Marketing Research
2. The first step in business planning is
a. Analyze your market
b. Choose a proper business location
c. Prepare production plan
d. Evaluate your personal resources and interest
3. The following are methods of market research EXCEPT;
a. Market segment B. Focus Group Discussion c. Observation d. Survey
4. This is done to determine the customers needs, wants and preference,
a. Marketing B. Market Research c. Observation d. Statistics
5. Approaches on good customers service are the following EXCEPT;
a. Coddle the Customer
b. Listen to others about your business
c. Train all employees to be courteous
d. Always follow your boss
6. The three overlapping objectives of positioning is ; EXCEPT,
a. Personal perspective
b. Enterprise perspective
c. Competitive perspective
d. Customer’s perspective
7. The four general types of products are; EXCEPT;
a. Breakthrough products
b. Associated products
c. Copycats products
d. Niche Products
8. This product try to claim new space in the mind of the customer different from the spaces occupied by
existing products.
a. Niche Product
b. Associated Products
c. Differentiated Products
d. Breakthrough Products
9. This products offer completely new performance benefits; cater a unique set of customer needs; create new
demand; need higher level of customer education and orientation
a. Niche Product
b. Copycat products
c. Differentiated Products
d. Breakthrough Products
10. This products do not intend to complete directly with the giants. They are products with lower reach, lower
visibility, lower prices, lower top of mind
a. Niche Product
b. Copycat products
c. Differentiated Products
d. Breakthrough Products
11. Market is a people with needs to satisfy, money to spend and willingness to buy.
12. Marketing two or more persons who are potentially interested in exchange.
13. Selling it is the oldest profession, it is just part of marketing.
14. Customer’s Satisfaction --- is the ultimate goal of marketing research.
15. Seller’s Satisfaction is the ultimate goal of selling concept.
16. Copycat Product Beer na Beer vs San Miguel Beer Pale Pilsen is an example of What type of products.
17. Differentiated Product Transitions Lenses which is a eyeglasses and sunglasses rolled into one is an example
of What type of products.
18. Breakthrough Product Vaccine to protect people from certain viruses is an example of what type of product.
19. The Business What is Section one of the Business Plan.
20. Financial Data What is section two of the Business Plan
1. The enterprise mission statement should be anchored on the satisfaction of the following whom
stakeholder?
a. Customer b. Investors c. financiers and gov’t. functionaries d. all of the above
2. The government functionaries includes the following;
a. DSWD b. SEC, CDA, BIR, DTI& LGU c. DOH, BFAD d. all of the above
3. The characteristics of a very good business plan are the following , EXCEPT;
a. Entice partners, investors and bankers
b. Show what financial return it could muster
c. Earned significantly high profit
d. Communicate what the enterprise is all about.
4. The main function of partners, investors and bankers to the business enterprise is ;
a. To generate profit from the business
b. To protect the business from creditor
c. To fund a business venture
d. All of the above
5. The very important information depicted on business plan are ; EXCEPT
a. Probable risk b. Financial structure c. Target market d. Investors
6. THE ORGANIZER – it is part of business plan wherein the owners or incorporators names were listed.
7. FINANCIAL STRUCTURE – it is part of business plan that describe the sources of fund.
8. BARANGAY CLEARANCE – the first and foremost clearance necessary in establishing business
9. DTI – government agency that requires sole proprietor to register their names and trademarks.
10. CDA – government agency that regulates cooperative and responsible for registration of cooperative
11. SEC – is the registering agency for partnership and corporation
12. MAYIR,S PERMIT – business requirements issued by the chief executive department of LGU
13. PARTNERSHIP – two or more person join together, pooled their resources undertake business with the
intension of dividing the profit among themselves.
14. SOLE PROPRIETORSHIP – it is the olders form of business organization owned and operated by one person
only.
15. Mayo, Mendoza and Associates Law Office is an example of what form of business organization –
PARTNERSHIP
16. ABS-CBN Foundation incorporation is an example of what form of business organization – CORPORATION
17. STOCK CORPORATION
18. NON STOCK CORPORATION
19. CLOSE CORPORATION
20. CORPORATION SOLE – fours types of corporation