Diocese of Cabanatuan

Cabanatuan Catholic Educational System (CACES)

St. Stephen Academy, Inc.

Laur, Nueva Ecija

FINAL EXAMINATION
School Year 2019-2020
ENTREPRENUERSHIP – GRADE-12

Name:__________________________ Score:_________
Grade and Section:_______________ Date:__________
GENERAL INSTRUCTIONS:
 USE BLACK COLORED BALLPOINT PEN ONLY
 ANY FORM OF ERASURE IS INVALID
 Read each directions CAREFULLY

I.MULTIPLE CHOICES. Write the letter of the correct answer on the space provided before each number.

____________1. What French word refer to entrepreneur which means to undertake?

a. Entreprendre c. Entrepreneur
b. Entrepenues d. Entreprendus
____________2. Which pertain to a document that describes the various external and internal elements
involved in starting a business or in expanding an existing venture, amidst a dynamic business environment.
a. Business plan c. guiding plan
b. entrepreneurship d. Marketing plan
______________3. Which entrepreneurial process refers to a business start to a small ventures and eventually
transform over time in terms of the quantity and quality of products they produce as weel as the resources they require
in the production process?
a. Discovery c. Organizing resources
b. Implementation d. Reaping the return
______________4. Megaentreprenuers draw their ideas from current inventions and other technological
developments that can bring about huge profit for them. Which entrepreneurial process refers to the
situation?
a. Discovery c. Organizing resources
b. Implementation d. Reaping the return
______________5. Which pertains to strategies related to the expansion of the business firm?
a. Discovery c. Organizing resources
b. Implementation d. Reaping the return
_____________6. Which entrepreneurial process refers to identifying, sourcing, and financing human,
nonhuman and other resources needed for the conduct business?
a. Discovery c. Organizing resources
b. Implementation d. Reaping the return
_______________8. Which selected user will benefit if the business plan provides information about collateral or
tangible assets that can be secured for the loan?
a. Entrepreneur c. Lender
b. Investor d. Marketing Specialist
_______________9. Which entrepreneurial process include mechanisms for confronting actual potential rivals as well as
for responding to the various opportunities, challenges, and developments being posed by external environment?
a. Discovery c. Organizing resources
b. Implementation d. Reaping the return
_____________10. Which selected user will benefit if the business plan provides information about the character of
the entrepreneur and about the capability of the venture’s management team.

a. Entrepreneur c. Lender
b. Investor d. Marketers
_______________11. What part of major section of business plan prepared after the total plan has been written, must
stimulate the interest of its reader, especially if he or she is a potential investor?
a. Introductory page c. Executive summary
b. Description of the business d. Production plan

______________12. Individuals who become entrepreneurs in developed countries are usually former employees of
companies in the formal sector in. What characteristics of entrepreneurs it pertains?
a. Employment status c. Level of education
b. Entrepreneurs wealth d. Risk appetite

______________13. Which refers to characteristics of entrepreneurs if the megaentreprenuers source their funds from
their own wealth and from their families?
a. Employment status c. Level of education
b. Entrepreneurs wealth d. Risk appetite
______________14. Which selected user will benefit if the business plan identifies the resources needed to operate and
grow the business?
a. Entrepreneur c. Lender
b. Investor d. Marketers
______________15. Which term refer to uncertain situations and development that increase the probability of loss or
business failure.
a. Employment status c. Level of education
b. Entrepreneurs wealth d. Risk appetite
______________16. Which term pertains to a systematic way of providing an answer to a question?
a. Creative thinking c. Critical thinking
b. Cognitive thinking d. Strategic thinking
_____________17. Which thinking influence the entrepreneurial decision that does not follow a systematic or analytical
process since it looks at things from different perspective?
a. Creative thinking c. Critical thinking
b. Cognitive thinking d. Strategic thinking
_____________18. Which thinking similar to critical thinking but it also resembles creative thinking in its growth and
future orientation?
a. Creative thinking c. Critical thinking
b. Cognitive thinking d. Strategic thinking
_____________19. Which term pertains to dangers coming from the management of resources of a business enterprise
that may imperil its operation?
a. External environment c. External risk
b. Internal environment d. Internal risk
______________20. Which refers to threat coming from various environments outside the business firm?
a. External environment c. External risk
b. Internal environment d. Internal risk

______________21. What term refers to the ability of individuals to be involved in the process of producing several
ways of decision making based on identification and management of changes in their environment?
a. Cognitive Adaptability c. Environmental Analysis
b. Entrepreneurs wealth d. risk appetite
______________22. What is a written document that specifies how, where, and to whom a business plans to market its
product(s) and/or brand(s)?
a. Business plan c. guiding plan
b. entrepreneurship d. Marketing plan
______________23. In environmental and analysis which refers to the shift in the characteristics of the population,
including the rise of the Filipino middle class and growing elderly population, lifestyle?
a. Politico-legal Conditions c. Technological condition
b. Economic condition d. Sociocultural Conditions
_______________24. Which part of major section of business plan include the manufacturing process, physical plant,
machinery and equipment and supplier of raw materials?

a. Description of business c. Production plan

b. Financial plan d. Operation plan

_______________25. Which part of business plan include the venture’s mission statement, which could serve which
could serve as a guide in decision-making.
a. Description of business c. Production plan
b. Financial plan d. Operation plan
II. IDENTIFICATION. Answer the following question write the correct answer on the space provided. Wrong
spelling is considered NULL or VOID.(2 points each)

__________________1.Components of marketing plan that serves as an introduction to the marketing plan and
helps the reader to understand the purpose of the marketing plan. It contains a brief overview of the marketing plan
and focuses only on the most important points of the plan
____________________2. It is major section of business plan include only the most essential information, several items
could instead be appended to the document.
____________________3.it is major section of business plan include a list of all sources of revenue and a list of all
possible expenditures for the first year of operation.
____________________4. Effective business plans must contain a section that discusses the risks that might prevent the
business from achieving its objectives.
____________________5. it defines what the business hopes to accomplish.
___________________6. Highlights of business plan summarized into two pages
___________________7. Description of the company’s operation and flow of orders for good and services
___________________8. It includes business name, nature of business and statement of financing needed
___________________9. It provides a brief summary of the business plan’s content.
__________________10 it contains a section that discusses the risk that might prevent the business from achieving
it.
___________________11. It is not enough for this section to provide a documentation of the venture's form of
ownership-that is proprietorship, partnership, or corporation, nor is it sufficient to have a nice organizational chart
that indicates the positions and job descriptions of the venture's management team
____________________12. Pertains to factors that include among others, management support, risk taking incentives,
flexible rules, degrees of freedom, and positive evaluation.
____________________13. Refers to the systematic way of generating ideas from a select group of individuals using
various rounds of consultation or session
____________________14. It involves thought process that assess current situation that can be useful in the
formulation of plans in the future.
____________________15. It refers to the process of creating something new of value devoting the necessary time and
effort.

III. Enumeration

1-5 Entrepreneurial process

1.
2.
3.
4.
5.

6-8 reason why is it important to write a business plan

6
7
8

9 -20 Major section of business plan

11. 16.
12. 17.
13. 18.
14. 19.
15. 20.