A plan that envisions a great improvement in the Philippine transport system.

Philippine Development Plan

Seafarer’s billion-dollar remittances also contributed to the Philippine

economy.

Select one:

True

False
The maritime training centers solely focus on seafaring careers and were not
part of improving and enhancing the seafarers’ capacity to establish their own
business.

Select one:

True

False
Seafarers can pursue entrepreneurship that may sustain their livelihood
resulting from lost deployment.

Select one:

True

False

The government authorities aside from TESDA and MARINA that regulate the
Maritime Education Training Institutions (METIs) in the country.
CHED

The maritime industry is consist of different sub-industries in which the

economic impact is vast and difficult to measure.

Select one:

True

False
The education and training of seafarers are considered essential in the
maritime industry, as it maintains and develops the level of knowledge and
skills in the maritime sector.

Select one:
 True

False
Refers to the agency of the Philippine government under the Department of
Transportation responsible for integrating the development, promotion, and
regulation of the maritime industry in the Philippines.

MARITIME INDUSTRY AUTHORITY

Entrepreneurship serves as a means of livelihood solely to individuals who
have degrees related to business management.

Select one:

True

False
A plan with a mission of creating a nationally-integrated and globally
competitive maritime industry.

Maritime Industry Development Plan (MIDP)

It is the activity of setting up a business or businesses, taking on financial
risks in the hope of profit.
Investment

It refers to the total monetary or market value of all the finished goods and
services produced within a country's borders in a specific time period.
Gross domestic product (GDP)

Refers to a person who works aboard a watercraft as part of its crew, and
may work in any one of several different fields that are related to the operation
and maintenance of a ship.
Seafarer

MARINA functions cover domestic shipping, overseas shipping, shipbuilding,

and ship repair, except the maritime manpower sectors.
Select one:
True
False
The manning agencies may institute programs that are both income-
generating and socially responsible for the seafarers.
True

If MIDP will be supported, it was projected to double or triple the economic

growth of the country because 90 percent of our trade is through the sea.
Select one:

True

False
They have a crucial role in the competitiveness of the maritime industry and
the entire Philippine economy since its operations and services influence
significantly the value of the supply chain.
Ports

It refers to a transfer of money, often by a foreign worker to an individual in

their home country.
Remittances

Maritime transport becomes obsolete as time goes by.

Select one:

True

False
A term used referring to a land formation composed of many islands such as
Philippines.
Archipelago