Eulogio “Amang” Rodriguez

Institute of Science and Technology

Nagtahan, Sampaloc, Manila

Name:_Bonagua, Samuel J._Date:February 14, 2023___

Yr. and Sec._BSIT 2-G DT__

Test 1. Multiple Choice: Direction: Choose the correct answer. Write

letter in the blank
__B_1. Are specialists who use judgment to deal with Novel and
complex and problems.

a. Economics b Entrepreneurs c. Resources d. Capital

__D_2. To develop, organize and manage a business venture along with

Any of its risks in order to make a profit is

a. Land b. Labor c. Natural Resources d. Capacity and

Willingness

__A_3. The Father of modern management is

a. Peter Drucker b. Cantillons c. Jean Batiste d. Joseph

Schumpeter

__A_4.Whch was propagated by Adam Smith is

a. Economic Dynamics b. Classical Capitalism c. Profit

d. Financial

__C_5. The Entrepreneur is motivated by an overwhelming need for

 Achievement and strong urge to

a. hold b. Refresh c.Build d.neatness

__C_6.The word Entrepreneur was coined by

a. Joseph Schumpeter b.Economic c. Jean Batiste d.

Achievement

__B_7. Entrepreneurs are prone to over confidence

a. Generalizations b. overwhelming c. Existing d. independence

__C_8. Produce the product they sell

a. Retailing Business b. Wholesaling Business c.

Manufacturing Business d.Financial

__D_ 9. Sell products to other business rather than the final

consumer

a. Retailing business b.Entrepreneur c. Manufacturing Business

d. Wholesaling Business

__D_10. Sells products direct to the people who use on consume

Them.

a. Economic b Capital c. Profit d. Retailing Business

__A_11. Sell services rather than products is called

a. Service business b. Service Requirement c.Extracting

business d. Business
__B_12. Generate fresh produce and other form products such as

Wheat a. Chemicals b. Agricultural Business c. Service Business

d. Resources.

__C_13. Take resources like coal out of the ground so that they can be

Consume a. Product Franchising b. Service Franchising c.

Mining and Extracting Business d. Profitable

__A_14. It is an individual who establishes and manages a business for

The principal purpose of furthering personal goals

a. Franchise Entrepreneurs b. Family c. Franchising d.

Small Business

__A_15. It is the backbone of the U.S, Economy

a. Professional Fast-Growth an Serial Entrepreneurs b. Types

of franchising c. Corporate Entrepreneurs d. Capital

__C_16. Are people who are willing and able to satisfy their needs.

a. Mobilize capital Resources b. Discover new sources of

materials c. Develop new markets d. Create Employment

__C_17. Are never satisfied with on traditional or existing sources of

Materials is a. Introduce new Technologies b. create

Employment c. Human capital d.discover new resources of

materials
__B_18. Are organizers and coordinators of the major factors of

Production such as land, labor and capital

a. Discover new sources of materials b. mobilize capital

resources c. creates employment d. human capital

__C_19. The private business sector is

a. The biggest employer b. capital resources c. human

capital d. Profit

__C_20. 0ffering more jobs satisfaction and flexibility of the workforce

a. Employment b. Financial Capital c. Self Employment d.

Economic Capital

__A_21. Is a market leader at cruising altitude

a. Venture b. Liquidity Event c. Capital d. Profit

__A_22. Once a business is in play following a formal valuation process

And or signing of a letter of intent the value of its equity will

Almost certainly go up. A. Economic capital b. Determine

Equity gifts c. capital d. Financial

__A_23. Entrepreneur have to be prepared for a disappointing

business

Valuation. A. Business Plan b. Equity c. Liabilities d. Gain

__C_24. Many Entrepreneur continue, to start and grow their

 Business here and amass great wealth in the process.

a. Liquidity Event b. Financial c. Venture d. Business

__D__25. The ability of entrepreneur to know and decide what

Are needed over time both human ad material.

a. Management Structure b. Commitment of Resources

c. Commitment to opportunity d. Control Resources

Test 11. Matching Type: Direction: Match Column A with Column B.

Column A Column B

_B_1. Entrepreneurial Management a. offering more jobs

satisfaction

_N_2. Self Employment and flexibility of the workforce

_A_3. An Entrepreneur b. Is the practice of taking

_E_4. Strategic 0rientation entrepreneurial knowledge

_D_5. Commitment of Resources and utilizing for increase the

Effectiveness of new business

_F_6. Control of Resources venturing as well as small-

_G_7. Management Structure medium-sized business

_H_8. Have an amazing support system c. Is intensely dedicated to

_I_9. Just Jump develop business through

Constant innovation
__10. Bring the best people together d. This stress the ability of

_K_11. Set realistic goals and timeless the entrepreneur to be

_L_12. Retailing Business driven only by the

_M_13. Wholesaling Business perception of the

_C_14. Extreme Entrepreneurs opportunities.

_O_15. Human Capital e. The characteristics of a

Of a good entrepreneurs
area multi-staged commitment of resources and putting in minimum

Commitment at each stage or decision point

f. The ability of entrepreneur to know and decide what resources

are need over time both human and materials

g. They content that entrepreneur is stereotyped as selfish and

unique thus unable to manage

h. M sure that you have a few people in your life that you can go to,

who know what you ‘re going through.

i. The time will never feel quite right to start a business

j. This maybe the most important part of expanding business

k Regroup quarterly and make sure your business goals are on track

L. Sells products direct to the people who use or consume them.

m. Sell products to other business rather than the final consumer

n. Entrepreneurship is the last frontier where someone can explore

individuality and pioneer a dream.

0. This includes physical labor, one of the most importance

resources which can be classified in a number of ways.

Prepared BY:

Rodita M. Buencuchillo

Instructor, CIT