TIMBANGAN ELEMENTARY SCHOOL

1ST Quarter -1ST Assessment

TLE-6

Name: __________________________________________ Score: __________

Grade/Section: __________________________________ Date: _________

Test I- Read and understand the following statements about products and
hints to help decide a type of business to choose. On the space provided,
write TRUE if the information is correct and FALSE if it is wrong.
_______1. Product is manufactured following a process or grown and
nurtured to be sold for a profit.
_______2. It is undesirable for an ideal entrepreneur to establish a
business that will produce simple products.
________3. A marketer can satisfy customer needs and wants through
products.
________4. Business involves selling a product or service.
_________5. Product is one of the important elements of marketing.

Test II- Complete the following sentences with the correct words from the
given choices. Write the letter of your answer on the space provided.
Write the letter of the correct answer on the space provided.

6. . In starting a business, make sure to where you

can get your materials at the best price.
A. canvass B. collect C. Sell D. produce
7. Packaging must be in quality to affect marketability.
A. bad B. good C. serious D. sweet
8. Keep your cost while maintaining the quality of your product.
A. down B. high C. low D. poor
9. Purchase ingredients in a store that sells the produce.
A. big B. fresh C. lower D. average
10. In a make sure to have a market survey where
you can get your supplies.
A. business B. parlor C. salon D. canteen
 TIMBANGAN ELEMENTARY SCHOOL
1ST Quarter-1ST Performance Task
TLE-6

Name: _______________________________ Year/section:_______

Direction: Try selling a product by buying it from a local producer and selling
it to your family and neighbors. In going out to your neighbors or
community, Do not forget to observe health protocols to prevent being
infected with COVID19. Stay safe. Make a list of your expenses and the
profits you gain using the table below.

Products Expenses Profits