PRELIMINARY EXAMINATION IN ENTREPRENEUR 12

Name: _____________________________________________ Score: _______________

Subject Teacher: Ms. Eizell Andrea S. Lajara_______________ Date: ________________

I. Read each question carefully and answer the demands of the following questions.
1. Explain the relevance of Entrepreneurship. (3 points)
2. Explain the concept of Entrepreneur. (3 points)
3. Briefly discuss the core competencies in entrepreneurship. (8 points)

II. Read each situation then answer the questions that follows.
Situation 1
Edgar Sia, a native of Iloilo City dropped out of college to pursue his own photo-developing and laundry
business at the age of 19. In 2003, Sia, the 26 years old, decided to open the barbecue fast food restaurant, Mang
Inasal – Illonggo for “Mr. Barbecue.” The first branch was built at a mall parking lot in his home city.
The restaurant took off. When Tony Caktiong heard about Sia’s growing business, he decided to buy
Mang Inasal for a total of P5 billion. Sia eventually put the sales of Mang Inasal to other investments like
banking and healthcare. At 42, he’s considered the country’s youngest billionaire. (business.inquirer.net, 2020)
Questions:
1. What entrepreneurial traits do Edgar Sia possess? List at least 5 entrepreneurial traits. (5 points)
2. How were you able to identify the entrepreneurial traits of Edgar Sia? What was your basis? (5 points)

Situation 2
Jollibee Food Corporation (JFC) buys out remaining 30 percent equity shares of Mang Inasal Philippines
(MIPI) for P2 billion. This move is in line with the terms sited under the Shareholders’ Agreement on 22
November 2010, when JFC acquired the initial 70 percent stake of the MIPI. With this acquisition, JFC now
owns 100% of Mang Inasal Philippines.
The JFC Group of Companies will also continue its strong business relationship with Mr, Edgar Sia II,
former owner and founder of MIPI, together with his team, primarily the Double Dragon Properties Corp.
(manginasal.com, 2020)
Question:
1. Upon knowing that Mang Inasal is now owned by Jollibee Foods Corporation, what factor/s do you
think had led Mr. Edgar Sia to sell his business? List at least 3. What was your basis? (6 points)

III.
As an entrepreneur, you should have a new business idea. What business idea do you have in mind which
you think will negatively be affected by environmental and biological factors? By using your critical thinking
ability, what are you going to do in order to solve the issue? (5 points)
 PRELIMINARY EXAMINATION IN PE 12
Name: _____________________________________________ Score: _______________
Subject Teacher: Ms. Eizell Andrea S. Lajara_______________ Date: ________________

I. Answer the following questions.

1. What are the benefits of outdoor recreation according to: (3 points each)
a. Health
b. Social
c. Economic
d. Spiritual

2. Explain briefly the seven principles of Leave No Trace Seven Principles. (3 points each)