Long Quiz

ELECTIVE 1 – TECHNOPRENEURSHIP
AY 2019-2020, 1st semester

1. The person searches for change, responds to it, and exploits it as an opportunity.
a. Manager c. Supervisor
b. Entrepreneur d. Technopreneur
2. Businesses start from ideas, but ideas alone do not make a business. Customers do not buy
ideas, they buy _______________.
a. Promotions c. Products
b. Procedures d. Price

3. The ability to work for long hours when necessary, to work intensely in spurts and to cope
with less than a normal amount of sleep.
a. Self confidence c. Hardworking
b. Persistent d. Profit oriented

4. Which of the following incremental entrepreneurship type does not belong to the group?
a. Coffee shop c. BPO
b. Coca cola export d. Computer shop

5. Which of the following entrepreneurship characteristics does not belong to the group?
a. Incremental c. Imitative
b. Innovative d. Goal oriented

6. Which of the following is not considered technopreneurial process?

a. Implementation c. Concept Testing
b. Business Analysis d. Idea Screening

7. Entrepreneurs are concerned to know how well they are doing and to keep track of their
performance. Obtaining useful opinion from others is another important characteristic of
entrepreneurs.
a. Demonstrate Initiative c. Willing to listen
b. Responds to feedback d. Sets own standard

8. Research shows that successful entrepreneurs take the initiative and put themselves in
positions where they are personally responsible for success or failure.
a. Builds for the Future c. Copes with failure
b. Sets own standards d. Willing to listen

9. The business that utilizes standards, regulations and laws to share in value of enterprise is
referred to as _____________.
a. imitative b. incremental c. rent seeking d. Innovative

10. Imitation of venture, same business model and template is known as _______.
a. imitative b. incremental c. rent seeking d. innovative

11. People who enter into new and pioneering ventures is referred to as _______.
a. entrepreneurb. technopreneur c. manager d. supervisor

12. The entrepreneurial process is implemented by entrepreneur. Arrange the technopreneurial

process in its chronological sequence.
1. Gathering resources
2. Implementation
3. Business Planning
4. Opportunity Analysis
a. 4 1 2 3 b. 4 2 3 1 c. 4 3 2 1 d. 4 3 1 2

13. Entrepreneur is motivated by strong desire to achieve and attain financial success. Arrange
the entrepreneurial characteristics in its chronological sequence.
1. Self - started
2. Able to do many things at once
3. Creative and has dreams and goals
 4. Likes to compete
a. 4 3 1 2 b. 4 2 3 1 c. 4 1 2 3 d. 4321

14. Which does not belong to the characteristics of entrepreneur?

a. Likes to compete
b. Motivated by strong desire to achieve financial success
c. Creative and has dreams and goals
d. Likes to innovate

15. Which does not belong to the types of technopreneurship? (BONUS)

a. imitative b. incremental c. rent seeking d. innovative

16. people who enter into new and pioneering ventures is referred to as
a. entrepreneurb. technopreneur c. manager d. supervisor

17. There are four sectors available for Small Medium Enterprises. Identify which does not
belong to the group.
a. Primary Agriculture c. Manufacturing
b. Manufacturing-Related Services d. Business

18. A business that is privately owned and operated, with a small number of employees, and
relatively low volume of sales.
a. SME b. Business c. Small Business d. Enterprise

19. Reviewing current situation and setting future objective.

a. Organizing c. Leading
b. Controlling d. Planning

20. Involves motivating staff, praising or criticizing, setting individuals' objectives and ensuring
these are being achieved.
a. Organizing c. Leading
b. Controlling d. Planning

21. It is owned by an individual who has full control/authority of its own and owns all the assets,
as well as personally answers all liabilities or losses.
a. Sole Proprietorship c. Corporation
b. Partnership d. Organization

22. Which of the following is not considered form of business entity?

a. Sole Proprietorship c. Corporation
b. Partnership d. Organization

23. Which of the following small business characteristic does not belong to the group?
a. Ability to take risks c. Understand weaknesses
b. Learn from mistakes d. Flexibility of the business

24. This is privately owned by individual or partners, typically registered as sole proprietorship,
partnership and private limited company.
a. Management b. Resources c. Ownership d. Business

25. Which of the following does not belong to the functions of management?
a. Marketing b. Risk c. Human Resource d. Operations

26. Ideas regarding business can be derived within the environment. Which does not belong to
the group.
a. Crises b. serendipity walks c. Issues d. Trends

27. The process of management needs to be understood. Which of the following does not belong
to the group?
a. Directing b. Planning c. Organizing d. Marketing

28. This is a type of business which is considered as juridical entity.

a. Partnership c. Sole Proprietorship
b. Corporation d. Share of stock

29. Ability to rise up after and to go against the norm.

 a. Emotional Quotient c. Adversity Quotient
b. Intelligence Quotient d. Intellectual Quotient

30. The ability for an entrepreneur to connect to other people and be able to feel others’
emotions easily.
a. Adversity Quotient c. Intelligence Quotient
b. Emotional Quotient d. Intellectual Quotient

31. Which of the following does not belong to environment mastery?

a. Serendipity walks c. Trends
b. Crisis d. Exposure

32. Which of the following characteristic of a self-mastered person does not belong to the
group?
a. Friendly c. Boss
b. Performer d. Epicure

33. A person understands the industry he/she sees the opportunities, not the problems is on top
of the situation instead of being under the situation, organization/industry innovator and
strategist.
a. Environment mastered person c. Development of business plan.
b. Self – mastered person d. Enterprise mastered person

34. The process of running a business is referred to as _____________________.

a. Enterprise Mastery c. Environment Mastery
b. Self-Mastery d. Development of a business plan

35. Self-mastery brings passion. When you know yourself, you know what you want and do not
want. Arrange the self-mastered person characteristics in its chronological sequence.
1. does not need high IQ
2. does need high EQ and AQ
3. whole-brained
4. has a personal vision and knows strengths and weaknesses
a. 1 2 3 4 b. 1 4 3 2 c. 1 3 4 2 d. 1 2 4 3

“Ang rules sa LOVE ay parehas ng rules when taking the EXAM,

NO CHEATING”

“Do not cheat naranasan mo na ang maloko,

ANG SAKIT DIBA? All caps yan para ramdam mo”

Prepared by

LEIZA LINDA L. PELAYO

Instructor