QA

SUMMATIVE TEST SCORE

2ND Quarter HIGHEST
ENTREPRENEURSHIP POSSIBLE SCORE

LRN NAME GRADE SECTION

Directions: Choose the BEST answer and write on the space before the number.
1. Which of the following is the second element in the production system?
a. Input
b. Output
c. Process
d. Product
2. What is the correct sequence in the production process?
a. Input, Output, Process
b. Process, Input, Output
c. Output, Process, Input
d. Input, Process, Output
3. It is also called the transformation or conversion process, which of this?
a. Machine
b. Production Process
c. Manpower
d. Materials
4. These are the 4m’s in production EXCEPT.
a. Manpower
b. Method
c. Managerial
d. Machine
5. It is a way transforming raw materials to a finished product.
a. Machine
b. Method
c. Materials
d. Managerial
6. What do you call the physical output of the whole production process?
a. Manpower
b. Prototype
c. Product
d. Entrepreneur
7. Why do we need to apply a prototyping in creating a product?
a. To have a copy of the product.
b. To tell the features of the product.
c. To have an original one.
 d. To have an edge of competitors.
8. A method of or activities by which a company adds value to an item.
a. Supply Chain
b. Value Chain
c. Business Plan
d. Production Process
9. Which of the following to be consider in a supply Chain?
a. Sales
b. Data
c. Method
d. Item
10. It describes the factors of how an organization, creates, delivers, and captures value in
economic, social, cultural or other contexts.
a. Business Plan
b. Value Chain
c. Supply Chain
d. Business Model
11. What is Business Plan for?
a. To have a guide in putting a business.
b. To be prepared in engaging different business.
c. To have a prospect in your business.
d. All of the above
12. A component of business plan that discusses what is the business plan about.
a. Background
b. Introduction
c. Competitive Analysis
d. Production Section
13. Which of the following showing graphically the relation of one official to another?
a. Organizational Chart
b. Managerial Chart
c. Flow Chart
d. Business Chart
14. A result when sales exceed the cost to produce goods or render the services.
a. Business Marketing
b. Revenue
c. Sales
d. Data Analysis
15. Which of the following is not part in forecasting revenues of the business?
a. Changes happening in the community.
b. The internal aspects of the business.
c. The financial statement of the business.
d. The economic condition of the country.