FORMATIVE ASSESSMENTMultiple Choice: Read and answer each statement carefully then write the

letter of the best answer on a separate sheet of paper.1. Who acts as a coordinating agent in a capitalist
economy? A. Manager C. Entrepreneur B. Finance Officer D. Broker2. Which of the following is not a
definition of Entrepreneurship?A. It creates opportunities, ensures social justice, instills confidence and
stimulates the economy.B. It is an important part of the economic growth strategies of many local and
national governments around the world.C. Refers to a person who sets up a business with the aim to
make a profit.D. The act of creating a business or businesses while building and scaling it to generate a
profit.3. Which of the following is a relevance of Entrepreneurship to SHS Students?12GRADE
12___________________________________________________________________________________
_______Learning Module for Senior High School Accountancy , Business and Management A. It
generates new wealth in an economy.B. It aids students from all socioeconomic backgrounds to think
outside the box.C. It creates opportunities and ensures social justice.D. It creates job.4. Which statement
is not correct about the status of entrepreneurship in the Philippines?A. The number of business
establishments formed every year would generally show an increasing trend.B. N-entrepreneurs are
people who can secure resources such as technology and information to gain distinct, sustainable,
competitive advantages.C. In 2005, the top 50 Philippine corporations in terms of sales could be broken
down into 25 private domestic firms, 20 foreign firms, and 5 government-owned and/or controlled
corporations.D. The 22 companies could be identified with 11 families and individuals, mostly Filipinos of
Chinese ethnic background.5. Which of the following words is not associated with entrepreneur?A.
innovative C. collaborativeB. impulsive D. CreativeCongratulations!!! You are done in this module. You
may now proceed in the next module. See you next time…Additional ActivitiesDIRECTIONS: In the table
below, write down at least five (5) sentences why you want to become an Entrepreneur someday.The
following motivates me to become an entrepreneur someday:1.2.3.4.5.