DEPARTMENT OF EDUCATION

REGION XI
DIVISION OF DAVAO CITY
CLUSTER 6 PUBLIC SENIOR HIGH SCHOOLS
Tugbok, Davao City
GRADE 11
Summative Test - 2
SY 2020 – 2021
Subject: Entrepreneurship
Test I. Multiple Choice (10 pts.)
Instruction:Read each questions carefully and encircle the best answer.( 1pt.each)

1. Which of the following is one of the first thing that you should do in planning to start a business?
a. Hire staff c.Secure suffiecient financing
b. Find investors d.Evaluate the competition
2. What is the basic characteristics of an entrepreneur?
a. Lack of decision making activities.
b. A desire to be their own boss.
c. Has difficulty working under pressure or stress.
d. A desire to work a normal work week
3. Which of the following statement that BEST described a small business?
a. A small business is one that has no intention of growing into a large corporation.
b. A small business is one that has fewer than 20 employees
c. A small business can be defined as a sole proprietorship.
d. A small business is independent and has relatively little influence in its market.
4. Which of the following statements that best described entrepreneur?
a. It is the capacity for innovation, investment and expansion in new markets, products and techniques
b. It is science of converting ideas into business
c. It is an economic activity of a person who starts, manages, and assumes the risk of a business enterprise
d. All of the above
5. Entrepreneur plays a very important role in economic development. They are the ones who create goods,
services and jobs. Do you agree that without entrepreneur, economic development will be impossible?
a. Yes, because entrepreneur is the one who create employment so that people can acquire financial
stability/support
b. Yes, because entrepreneur is the one that mobilizes the finances in the country in terms of buying and selling
of products and services.
c. No, since the government has the financial capability to support all its citizens.
d. No,they are considered the most important in the economic development because the government is the one
supporting them.
6. Mr. Dela Cruz is an innovative and a businessman, he always develop/improve products that will address the
needs of the people. However, the result is seemed to be awkward to some people but he still introduces his
product knowing that other people might not buy it. Mr. Dela Cruz can be best considered as_______.
a.Businessman c.Entrepreneur
b.Innovator d.None of the above
7. The following are reasons for a small business failure, EXCEPT.
a. Insufficient capital c. Hard work and determination
b. Neglect d. Managerial incompetence or inexperience

8. What is the main objective of an entrepreneur in setting up his/her own business?

a. Gain profit c. Create job opportunities
b. Short-term investment d. Compete with other businesses
9. Which of the following is a personality factor that convinces his/her customer to buy his/her product?
a. Initiative b. Persuasion c. Self-confidence d. Self-critical
10. Which of the following is a personality factor that affects entrepreneurship?
a. Political Climate b. Self-Confidence c. Market Situations d. Socio-Economic Conditions
Test II. Essay

Instruction: Answer each number with a minimum of three sentences and maximum of six sentences. Your essay must be
written on the lines provided and keep your handwriting to a reasonable size. Response statement will be evaluated
based on the rubrics below.(5pts. each)

Rubrics
Very Satisfactory 4-5 Satisfactory 3-2 Not- Satisfactory0-1
Content The content is exemplary and has The content is good and has captured most The content is poor and has captured only few
captured ideas. of the important ideas. of the important ideas.
Elaboration Provides exemplary and well- Provides good and elaborated reasons to Provides poor and unelaborated reasons to
elaborated reasons to support the support the position. support the position.
position.
Organize of ideas Well organized, coherently Organization is mostly clear and easy to Organization and structure detract from the
developed, and easy to follow follow answer.

1. What is the difference between a business person and entrepreneur?

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2. What are the factors affecting entrepreneurship? Explain each in your own words.
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“Education is the most powerful weapon which you can use to change the world”

-Nelson Mandela-