I. Identification. Write the correct answer for the following questions on the space provided.
1. The main concept of entrepreneurship.
2 The President who introduced the First Filipino Policy. 3. An act that gave American businessmen the right to exploit our natural resources, operate public utilities and other businesses and to enjoy the pre-war free trade agreement. 4. Economic recovery was the first priority of administration. 5. Also knows as Magna Carta for SMEs. 6. This occurs when is no frequent change in the government, especially through the use of force or violence. 7. The primary agency responsible for the promotion, growth and development of SMEs in the country. 8. S/he is the Chairman of the SMED Council. 9. A person who organizes, operates and assumes the risk for business. 10. This is achieved if there is no abrupt changes or fluctuations in the prices of goods and services and in the exchange rates.
II. Enumeration
11-20. Government Assistance Program
21-27. Marketing Mix (7Ps) 28-30. Characteristics of an Entrepreneurs
IV. Essay
1. What is idea generation? How do you generate meaningful ideas? (5points)
2. What is business plan? Why is it important (5 points) 3. Think of your own business. Illustrate the concept of your product and make your own business name and logo. (10 points)