PHILIPPINE SCHOOL IN GREECE

Athens, Greece

Fourth Periodical Examination

Grade 12 – Entrepreneurship

Name: ________________________________________________ Score: _____/50_____

Teacher: ______________________________________________ Date: ______________

Part I. Knowledge
I.A. Identification. Directions: Identify the term described/defined in each of the
following. Write your answer on the line provided. (1 point each, 10 points total)

____________ 1. It is a tangible good or the intangible service that the enterprise

offers to its customers in order to satisfy their needs and to produce
their expected results.
____________ 2. It harnesses the potentials of new products by creating the market
space for them.
____________ 3. It should then declare the business purpose and mission statement
of the enterprise accompanied by a statement of values or business
philosophy.
____________ 4. It is about delivering products and services to customers to meet or
surpass their experiences.
____________ 5. It shows what a company owns and what it owes at a fixed point in
time.
____________ 6. It is the strategic approach to the effective and efficient
management of people in a company or organization such that
they help their business gain a competitive advantage.
____________ 7. This pertains to the career pathing of personnel to reach their
optimum potential.
____________ 8. It has Articles of Incorporation that limit the ownership of issued
stocks to at most 20 persons.
____________ 9. It is a special form of corporation allowed by law, usually
associated with the clergy.
____________ 10. It shows how much money a company made and spent over a
period of time.

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I.B. Enumeration. Directions: Enumerate the following key concepts in Customers and
Operations Management discussed in class. (10 points)

11-14. Factors that make the final choice of customers

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15-20. Six Ms of Operations
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Part II. Process

II. Comparison/Contrast. Directions: Compare/contrast the following concepts in/of
Entrepreneurship discussed in class. (5 points each, 15 points total)

16-20. General Partnership and Limited Partnership

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21-25. Cash Flow Statements and Fund Flow Statements

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26-30. Stock Corporation and Non-Stock Non-Profit Corporation

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Part III. Understanding
III. Argumentation. Directions: Agree or disagree with the famous marketing
slogan/motto. In your response, however, it is expected to establish balance/fairness
to achieve customer satisfaction and profit for the entrepreneur. (15 points)

Criteria: Sound Argument (5 points), Organization of ideas/Clarity – (5 points)

Motto/Slogan: Customer is always right.

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Prepared by: Checked and Approved by:

___________________________ _________________________
Mr. Joycel Vincent V. Dabalos Mrs. Gracia Celia G. Nickel
SHS Faculty School Principal and Directress