QUIZ 2

TRUE or FALSE
1. Opportunities that require fewer resources from the
entrepreneur is better than requiring more resources.
2. Assets is equals to liabilities plus retained earnings
3. Investment in land and buildings is part of working
capital
4. Purchasing power is a source of opportunity in the
political environment
5. Income statement is a financial statement that measures
an enterprise performance for a certain period
 IDENTIFICATION
6. Ability to sense without using the five senses
7. It is your investment in buying land and building
for your business
8. A great desire to attain a vision or fulfil a
mission that entrepreneurs must have
9. It is used in screening the opportunity
10.How to compute or what is the formula for the
Return on sales?
ENUMERATION & ESSAY
11. – 13. Enumerate at least 3 customer
expectations
14. – 15. Explain how a consumer is a
source of opportunity (3-5 sentences)
BONUS QUESTION 

■What are the 12Rs of

Opportunity screening? (3
pts)