SUMMATIVE TEST IN

ENTREPRENEURSHIP
 I. IDENTIFICATION
1. It is an individual who is highly enterprising and has the
ability to see and evaluate business opportunities.
2. It is considered as an input.
3. Conversion or transformation of resources into
products/services.
4. A guide for the entrepreneurs who plan to enter business.
5. It contains the essence of the enterprise in a concise but
powerful manner.
6. Contains everything that is relevant and important to
the business audience.
7. An entrepreneur is able to handle stress, what do you
call this trait?
8. Entrepreneur who always think positivity.
9. Entrepreneur who can adjust to the changing demand
of the customers.
10. An entrepreneur is quick to grab opportunities.
 II. MULTIPLE CHOICE
1. An entrepreneur should speak well.
a. Risk-taker b. communicates well
c. Professional d. responsible
2. An entrepreneur does not stop taking actions until problems are solved.
a. Proactive b. Resilient c. Confident d. Persistent
3. An entrepreneur has in mind his/her set goals and able to achieve
desired outcomes.
a. results-oriented b. Open-minded
c. Professional d. Team player
4. )An entrepreneur should study and learn from the present and
past because his thinking is directed to future.
a. Proactive b. Professional c. confident d. Flexible
5.) An entrepreneur works with a team and implement and efficient
work.
a. Resilient b. Open-minded c. team player d. Professional
6.) Resources that include time, money or capital goods, property,
and facilities.
a. Natural Resources b. Human Resources c. Nonhuman resources
7.) 3RD section of business plan.
a. Business Concept
b. Executive Summary
c. Business proponent
d. The Target Customer Main value proposition
8.) 4th section of business plan.
a. Business concept b. Executive summary c. Business proponent
d. The Target Customer and Main value proposition