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Name: _____________________________________ Date: September ___, 2022

Grade & Section: ____________________________ Score: _______/_______

TEST I MULTIPLE - CHOICE: Read each item below. On this questionnaire, CIRCLE the letter of the correct answer. And then,
on your answer sheet, BLACKEN the circle that corresponds to the letter of your answer. If the correct answer is not found in the
choices, blacken the circle that corresponds to E.
1. Entrepreneurs should set goals that are measurable, attainable, realistic, and time-bound because it will increase the chances of
achieving that goal.
a. Goal oriented c. Entrepreneur as goal driven
b. Specific Goal Setting d. Ambition

2. Many entrepreneurs start a small-scale business but with their managerial talents and persistence, they will be able to
make the company grow.
a. Self-Efficacy c. Entrepreneurs start small to big
b. Strategic Thinking d. Entrepreneur Headstart

3. These officers are employed by companies to develop and execute strategies to increase sales and profits.
a. Sales officer c. financial consultant
b. Business Counselor d. Business Development

4. An entrepreneur anticipates future conflicts but knows how to solve problems that may arise in business organizations.
a. Adaptable and Flexible c. Entrepreneur as an organizer
b. Risk-taking d. Decisiveness

5. The entrepreneur knows the best direction because he also knows how to calculate the risk involved.
a. Development of entrepreneurial autonomy c. Entrepreneur’s initiative
b. Risk taker d. Entrepreneur’s authority

6. Orsolin is an entrepreneur. He sells quality and value for money footwear that are made of recycled and eco-friendly materials. He
made a name for himself in the footwear industry. Aside from that, they know him as a People’s Man because of his strong skills in
working with people. He also understands the behavior of his customers and employees. Which of the common entrepreneurial
competencies does he possess?
a. Good work ethic c. Interpersonal Skills
b. Extrovert d. Intrapersonal Skills

7. Sacchi is a grade 12 student entrepreneur. Despite of his busy schedule, he can balance his time for his studies and business. He is
motivated and persistent to graduate as an honor student and expand his business. Which of the following common entrepreneurial
competencies does he possess
a. Ambition c. Self-Efficacy
b. Goal Setter d. Achiever

8. Schwarz is an entrepreneur and full-time Sales Executive on one of the car dealerships at his hometown. His full-time work has
helped him on selling and promoting his business products. He was able to differentiate the product of his business. He also was able
to give emphasis to the uniqueness and value of his product among competitors. Which of the following core entrepreneurial
competencies does he possess?
a. Entrepreneurs are goal-driven c. Entrepreneur as a salesman
b. Entrepreneur as a marketing man d. Entrepreneurs as Advertisers

9. Monchiero works as one of the IT of Lazada and was also knowledgeable of search engine optimization. Eventually he decided to
resign in his work and used his experience on his new online business. Which of the following job opportunities in entrepreneurship
he decided to venture?
a. Software, Web or App Developer c. Advertising, Marketing, and] Public Relations
b. E-commerce and social media d. Sales Account Executive
10. Iriarte is employed on a company that develops and execute strategies for other business firms to
increase sales and profits. On the long run, he becomes an entrepreneur. He becomes effective on managing his business because he
was able to identify opportunities for his business. Which of the following job opportunities in entrepreneurship he decided to
venture?
a. Business Consultant c. Management
b. Business Development d. Market Development

11. Which of the following is not a common entrepreneurial competency?

a. Adaptability and Flexibility c. Need for Achievement
b. Willingness to Learn d. Commercial Aptitude

12. Which of the following is a competency for entrepreneurial success?

a. Specific Goal Setting c. Collaboration
b. Ambition d. Interpersonal Skills

13. What is the difference in function of a business consultant and a business development in the job opportunities in
entrepreneurship?
a. None. They have same function
b. Business consultants help companies find solutions to the different business challenges and obstacles being met while business
development officers are employed by companies to develop and execute strategies to increase sales and profits.
c. Business consultants are employed by companies to develop and execute strategies to increase sales and profits while business
development officers help companies find solutions to the different business challenges and obstacles being met
d. Business consultants and business development officers are both entrepreneurs.

14. Which competencies do you need to become a successful entrepreneur?

a. Optimism c. People Centered
b. Core Competence d. Competencies for entrepreneurial success

15. What is the difference of core entrepreneurial competencies from the common entrepreneurial competencies?
a. The common competencies are the skills you need in starting a business while the core competencies are the defining characteristics
that make a business stand out from the competition.
b. The core competencies are the skills you need in starting a business while the common competencies are the defining characteristics
that make a business stand out from the competition.
c. Both competencies are needed to become a successful entrepreneur
d. Core competencies are more essential than the common competencies in starting a business.

16. Apply which starting point to entrepreneurial success is needed to the given scenario. Quaranta start as an employee to a company.
He got new ideas and decided to start a business using the knowledge, skills, and experience to start his own business.
a. Be in control c. Start to be on your own
b. Explore the business environment d. Seek the advice of professionals

17. Apply which among the profile of a successful entrepreneur is needed to the given scenario. Juan focusses on the result of every
task assigned. He fully grasps the goal for his business to be achieve.
a. Strong drive to succeed c. Strong determination in decision making
b. Result-driven individual d. Strong desire for independence

18. Apply the best factor that develop entrepreneurial activity in the given scenario. Pedro withdraws his bank savings for the use of
starting his own food cart business. Unfortunately, his savings are insufficient for his food cart business. He decided to ask for
financial help to his family members and friends so he could start his dream business.
a. Development of SWOT analysis c. Entrepreneur’s initiative
b. Development of entrepreneurial autonomy d. Organization of capital resources

19. What is the difference between a businessman and entrepreneur?

a. They are same because both have a business
b. A businessman starts the business with an existing idea or concept while an entrepreneur starts the business from his
own unique idea or concept.
c. A businessman starts the business from his own unique idea or concept while an entrepreneur starts the business with an existing
idea or concept.
d. Most businessman have bigger business than entrepreneurs.
20. Analyze the scenario. Identify what competencies for entrepreneurial success are involved in the situation. A hotel staff was
having difficulty assisting a foreign customer because he could not speak English fluently. It was seen by the manager. What should
the manager choose based on the competencies for entrepreneurial success?
a. Collaboration c. People-centered
b. Integrity d. Customer Relations Service

21. Analyze the scenario and identify what competencies for entrepreneurial success are involved in the following situation. All the
marketing staff were having a meeting with suppliers at 8:00 in the morning. One of the staff arrived late due to a road accident that
caused a traffic jam. If you were the staff, what entrepreneurial competency should you have to conquer the scenario?
a. Risk-taking and Collaboration c. Integrity and Commercial Aptitude
b. Optimism and decisiveness d. People-centered and Strategic Thinking

22. How do entrepreneurs determine the core competency of their business?

a. An entrepreneur must study his competitors
b. An entrepreneur uses market analysis
c. An entrepreneur must analyze what things the company does best. It may be the design and features of the product or service, price
of the product, ambiance, and location of the business.
d. An entrepreneur evaluates his business

23. Why do entrepreneurs need to explore the business environment? Choose the best answer among the choices.
a. They need to explore the business environment to collaborate with the government and community
b. They need to explore the business environment in order to see how factors under these environments affect the operation of their
business.
c. They need to explore the business environment to know their competitors
d. They need to explore the business environment to know the latest products on the market

24. Why is it important that entrepreneurs have a good and trusted accountant or financial adviser? Choose the best answer among the
choices.
a. The job of the accountant involves money and other financial data. It is important that entrepreneurs should hire good and trusted
people in order to make sure that these data are in good hands.
b. For monitoring of the financial aspect of the business.
c. Proper control procedures wherein they are in command of approving transactions involving money.
d. Because they are expert and professionals on finances.

25. Why do entrepreneurs have to seek advice from professionals? Choose the best answer among the choices.
a. Entrepreneurs have to seek advice and services of professionals like lawyers, certified accountants, and other professionals which
may help in other legal matters related to the operation of the enterprise
b. To prevent penalties and legal charges
c. To be updated on the business registration process
d. Entrepreneurs have to seek advice and services of professionals to help their business grow.

26. Why are entrepreneurial competencies considered as entrepreneurial distinctive?

a. Uniqueness and creativity of an entrepreneur
b. The uniqueness of the product and characteristics of the entrepreneur that are distinct compared to others.
c. They make the business standout among its competitors.
d. Difference of the competencies

27. How do entrepreneurs determine the core competency of their business?

a. An entrepreneur must analyze what things the company does best.
b. They determine it thru market analysis
c. An entrepreneur must determine his weaknesses and strengths
d. An entrepreneur must conduct evaluation to his business

28. Why do core competencies matter to every business and entrepreneur?

a. It makes the business successful
b. For the business to grow
c. To gain more customers and have a good image of the business
d. Core competency gives you the opportunity to stand out in a crowded market from all your nearest competitors.

29. An entrepreneur seeks independence and strives to develop his own business. He assumes responsibility, thinks differently and
tries to satisfy his own curiosity.
a. Strong drive to succeed c. Strong desire for independence
b. Strong determination in decision making d. Result-driven individual
30. Duties and responsibilities are assigned to individuals with skills that will fit to their position and qualifications. It is based on their
capacity to do the job and not on personal connections with the entrepreneur.
a. Development of entrepreneurial autonomy c. Human Resource Management
b. People Management d. Development of administrative machinery

TEST II ESSAY - Answer the following questions. Minimum of five sentences (10 points)

Criteria Beginning Proficiency Proficient (7-9 pts) Advanced Proficiency

(1-6 pts) (10 pts)
Content The essay is poorly The essay is organized, The essay is
organized, without with a considerable well-organized,
any supporting amount of supported by
evidence. evidence. evidence, and has no
content errors.
Depth of The answer lacks The answer demonstrates The answer
Discussion ideas and examples. basic knowledge and demonstrates an
reflection on the topic. It in-depth knowledge of
also includes minimal and reflection on the
details and examples. topic. It also includes
comprehensive
examples and
additional ideas.

1.Why is creativity essential to an entrepreneur?

Submitted by: __________________________ Checked by: _________________________

Mr. Jerome Micoh E. Lustañas Ms. Maria Fe A. Domondon
Subject Teacher Areahead - Mathematics