1REPUBLIC OF THE PHILIPPINES

DEPARTMENT OF EDUCATION
REGION XI
DIVISION OF COMPOSTELA VALLEY
Maco District

ELIZALDE NATIONAL HIGH SCHOOL

Senior High School Department
FIRST QUARTER EXAMINATION
ENTREPRENEURSHIP (SY 2019-2020)

Name: _____________________________ Score: _________________

Grade & Section: ____________________ Date: __________________

Test I.MULTIPLE CHOICE. Write the correct answer on the space provided before the number.
_____1. A person who identifies the unmet needs in the market place.
a. Businessman b. Entrepreneurship c. Entrepreneur d. Vendor
_____2. It is running a business of one’s own.
a. Businessman b. Entrepreneurship c. Entrepreneur d. Vendor
_____ 3. Which of the following is NOT the primary purpose in studying Entrepreneurship?
a. acquiring knowledge and skills
b. helping a firm to grow and expand
c. understanding how a product can be used to form a new and successful business
d. gaining personal rewards
_____ 4. It is the ability to fashion a solid business idea into a viable business.
a. Knowledge b. Passion for business c. Execution Intelligence d. Leadership
_____ 5. . It utilizes human resources to make its economy the best possible through entrepreneurship.
a. Malaysia b. Hong Kong c. Thailand d. India
_____ 6. Many of their entrepreneurs innovate on existing services for local and international use.
a. China b. Singapore c. South Korea d. Taiwan
_____ 7. Which of the following does NOT belong to the group?
a. Generates New Materials b. Acquiring Economic Rewards
c. Serves as Role Model d. Bring Social Benefits to People
_____ 8. The goals of Entrepreneurs in the past.
a. Economic and Social Gains b. Financial and Social Gains
c. Ecological and Economic Gains d. Economic and Financial Gains
For numbers 9-15, complete the table. Kindly refer to the table and choices below.
Entrepreneur Dimension In the Past Today
Gender Dominated by Males _____9.
Principle of Governance Ethical, Transparent & Group
_____ 10. Accountability
Use of Work Structure More flexible to better balance
_____ 11. their work and family lives
Leadership Style _____12. _____13.
Drive Orientation _____14. _____15.
a. Mixed ownership by Men and Women b. Directing c. Empowering
d. Knows the trade at large e. I can do it f. To make a difference
g. We can do it h. To get ahead i. We can do it

_____ 16. It consists of existing customers and prospects.

a. marketplace b. market size c.market d. business
_____ 17. This entrepreneurial process involves evaluating the opportunities available in the community.
a. seizing b. screening c. seeking d. developing
_____ 18. Entrepreneurship graduates can find work as:
I. research executive II. Franchise Operator III. Bank Teller IV. Chief Executive Office
a. I & II only b. I, II, & III c. II, III & IV d. all of the above

“NO LEGACY IS SO RICH AS HONESTY” God Bless! 

_____ 19. “ We guarantee service in just an hour or your money back” is an example of?
a. Value Proposition b. Unique Selling Proposition c. Value Composition d. Unique Selling Composition
_____ 20. It has a physical dimension and easily transferable from one person to another.
a. Idea b. Product c. Services d. Goods
_____ 21. Which of the statements is NOT true about PRODUCT?
I. It is acquired in exchange of money
II. Anything made available for sale
III. Tangible and Intangible objects/commodities
IV. Marketed to satisfy a want or a need
a. I,II,III & IV b. II, III & IV c. II & IV only d. I,III & IV
_____ 22. It is a number of individuals in a certain market who are potential buyers/sellers of a product or services.
a. People b. Market Size c. Market d. Market Place
_____ 23. It is the art and science of choosing target market and getting, keeping and growing customer through
creating, delivering, and communicating superior customer value.
a. Buying b. Servicing c. Marketing d. Targeting
_____ 24. He developed marketing mix (originally the 4P’s of marketing).
a. E. Jerome McCarthy b. E. Jerold McCarthy c. E. Jerome McCarty d. E. Jerold McCarty
_____ 25. Based on the original 4P’s of marketing, in order to have a marketing success, you should have an effective
___________.
a. Product b. Place c. People d. Promotion
_____ 26. When discussing marketing, what does “product” refer to?
a. The location on which the hotel is built b. The hotel’s concept
c. The hotel’s advertising d. The price of each room being offered
_____ 27. Which does not belong to the original 4P’s of marketing?
a. Promotion b. Price c. People d. Place

For numbers 28-31, please refer to the choices below.

a. Brand b. Trade Mark c. Trade Name d. Brand Mar e. Brand Name

_____ 28. It is not made up of words but instead represented as a symbol or design.
_____ 29. It is a full and legal name of an organization.
_____ 30. It is not verbally mentioned and it may include letters, words and numbers.
_____ 31. Essentially a name, term, design, symbol, or any other feature that identifies a seller’s product distinctive of
others.

For numbers 32-37, Identify what 7P’s of marketing is being described.See the choices below.

a. Product b. Price c. Promotion d. Place e. People f. Process g. Physical Evidence

_____ 32. Refers to the staff and how they dress and act.
_____ 33. Sales tactics and Direct Marketing.
_____ 34. Save time and money by increasing efficiency.
_____ 35. Discounts and Seasonal Pricing
_____ 36. Publicity and Personal Selling
_____ 37. Refers to the workers of the company/business

Test II. MODIFIED TRUE OR FALSE. Write TRUE if the statement is true and if FALSE, change the underline word/s to
make the statement correct.
_____________38. India has a strong base of entrepreneur organizations led by youth and women.
_____________39. For entrepreneurs, the bigger the problem, the bigger the opportunity.
_____________ 40. Most of the gender of the entrepreneurs in the past is highly educated.
_____________ 41. The primary value of value proposition is to create a competitive differentiation.
_____________ 42. Services are something that can be traded for money.
_____________ 43. The first thing that you will do in putting up a business is to identify the market size.
_____________ 44. Entrepreneurship has an enormous impact in the economy and the society
_____________ 45. Uniques Selling Proposition may include a quick synopsis of your work with similar customer as a
proof source and demonstration of your capability.
_____________ 46. Innovation is one of the characteristics of a successful entrepreneur.
_____________ 47. Products are obviously things that you can see, touch, smell, and taste.

“NO LEGACY IS SO RICH AS HONESTY” God Bless! 

TEST III. IDENTIFICATION. From the pool of words inside the box below, choose the appropriate answer to the following
descriptions.

Creates employment Improves quality of life Service Serves as role model

Provides more alternatives
Product Place Process
for consumers
Brings social benefits to the Generates new sources of Utilizes and mobilizes
Price
people materials indigenous resources
Place Physical Evidence

48. Entrepreneurs contribute to the increase in the personal benefit and convenience of people in the
society.____________________________________
49. The entrepreneurs come up with more products and services for the consumers to choose from.
___________________________________
50. It is also about being ‘easy to do business with’. ___________________________________
51. Entrepreneurs employ people who possess different competencies and personal values to help them operate the
enterprise. ___________________________________
52. Entrepreneurs go beyond the existing places where their products are sold. _________________________________
53. Entrepreneurs do not depend on imported materials. ___________________________________
54. It refers to everything a customer sees when interacting with your business. _________________________ .
55. Entrepreneur will always look for cheaper and local materials to supply their needs.
_______________________________.

TEST IV. ESSAY. ( 5 Points)

56-60. If you are an entrepreneur, what do you think is the best business to put up in Elizalde, Maco, Compostela Valley
Province and why? Explain your answer.

“NO LEGACY IS SO RICH AS HONESTY” God Bless! 

 REPUBLIC OF THE PHILIPPINES
DEPARTMENT OF EDUCATION
REGION XI
DIVISION OF COMPOSTELA VALLEY

ELIZALDE NATIONAL HIGH SCHOOL

Senior High School Department
THIRD QUARTER EXAMINATION
Statistics and Probability- G11

ANSWER KEY
Test I.
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Test II

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Test III.

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15.
“NO LEGACY IS SO RICH AS HONESTY” God Bless! 
“NO LEGACY IS SO RICH AS HONESTY” God Bless! 