4th QuarterlyAssessment

HELE 6
S.Y. 2020- 2021
Name: _________________________ Score: __________
Prepared by: Mrs. MARY ANN F. LAURETA Date: ___________

I. TRUE OR FALSE
_________1. An entrepreneur strives to raise to raise standards, aims for excellence, and does his
best to make things better and faster than others.
_________2. Entrepreneurs let opportunities pass by.
_________3. When entrepreneurs start something, they always finish it.
_________4.use expensive and imported resources to produce quality products
_________5. Produce products which are unique and useful to the market
_________6. Strengths refer to the obstacles and hindrance in building a business.
_________7.planning guides the entrepreneurs to do the right thing
_________8. Swot analysis prepare the entrepreneurs for tasks that lie ahead in managing the
business.
_________9. Weaknesses refer to the problems needed to be addressed immediately.
_________10. Availability of supply is a threat to the business.

II. Fill in the blanks. Choose the correct word from the box.

*QUALITY *SURVEY FOR BUSINESS IDEAS *IMAGE

*RESOURCES *MONEY *INNOVATION AND CREATIVITY
*SET YOUR GOALS *SWOT ANALYSIS
*PERSONAL SELLING *PRICING YOUR PRODUCT

___________________1. Offer products of high quality and have excellent workmanship.

___________________2. Consider the trend and demand of the people. Identify the wants and
needs of the customers.
___________________3. Develop a professional image for the business. Create a unique and
special identity to establish your market.
___________________4. If possible, use local resources instead of imported materials.
___________________5. Effective management of the financial aspect of the business is one of
the secrets of a successful business.
___________________6. Make your own style and design produce unique products that are
aesthetically pleasing and are useful to the market
___________________7. Entrepreneurs always set a plan to guide them to do the right thing.
___________________8. Analyzing the business strengths, weaknesses, opportunities, and
threats prepares entrepreneurs for the tasks that li e ahead in managing their business.
___________________9. It is a face to face contact where the seller and the buyers have to meet
and communicate in person.
___________________10. When determining a selling price for merchandise, an entrepreneur
should consider both the cost and the profit.

III. Enumerate what is asked in the following:

Give 10 factors to consider in selling novelty craft
1. _______________________________
2. _______________________________
3. _______________________________
4. _______________________________
5. _______________________________
6. _______________________________
7. _______________________________
8. _______________________________
9. _______________________________
10. _______________________________