DEPARTMENT OF EDUCATION
Region X- Northern Mindanao
Division of Camiguin
Mahinog District II
SIXTO A. ABAO NATIONAL HIGH SCHOOL
Hubangon,Mahinog, Camiguin
S.Y 2022-2023
3rd Quarter Examination in Entrepreneurship
Directions: Incircle the letter of your choice. While taking the examination talking and cheating is strictly
prohibited if caught , automatically the teacher will take your test questionnaire. You can ask the teacher
for clarifications and confusions not your classmates.
1.) Which of the following tools an entrepreneur can use to help him decide what most suitable business
idea he could introduce in the market?
a. PESTLE c. SWOT ANALYSIS
b. Environment Scanning d. Product Survey
2.) This new product/service source helps you understand who are going to patronize the product.
a. The consumer
b. The established products and services in the market
c. The distribution channels
d. The government
3.) Which of the following talks about the questions that needs to be evaluated such as; how often do you
buy this product; how much do you buy the product; etc.?
a. Market value c. Markete potential
b. Market share d. Market size
4.) Which of the following is a very good way for generating and screening ideas and concepts?
a. Problem Inventory System c. Focus Group Discussion
b. Brainstorming d. Case study analysis
5.) This is a specific group of people you want to reach with your marketing message.
a. A marketer c. An Entrepreneur
b. A target marketer d. An investor
6.) The acronym SWOT analysis stands for what?
a. Strengths, Willingness, Outstanding, Threats
b. Strong, Weaknesses, Opportunities, Treats
c. Strong, Weaknesses, Opportunities, Threats
d. Strengths, Weaknesses, Opportunities, Threats
7.) If the entrepreneur has an area where he/she can focus on, the effective development of idea can
occur. What ways of generating new products/services is being talked about?
a. Focus group discussion c. Problem Inventory analysis
b. Brainstorming d. Market Survey
8.) "I love business. This is my passion. I love doing it everyday". The statement is an example of?
a. Strengths c. Opportunities
b. Weaknesses d. Threats
9.) Which of the following reasons could be the best option why we need to recognize a potential
market?
a. To earn money
b. To established business name in the market
c. To satisfy the on-going needs of an individual
d. To attract more demand from the market
10.) "The business is easily copied. I might lose my market share". The statement is an example of?
a. Strenghts c. Opportunities
b. Weaknesses d. Threats
11.) This new product service helps an entrepreneur suggest and market new product.
a. The consumer
b. Distribution channels
c. The established products and services in the market
d. Research and Development
12.) Which of the following combination may be creating a big advantage for your proposed
business?
a. Strengths and Opportunities c. Weaknesses and Threats
b. Strengths and Weaknesse d. Weaknesses and Opportunities
13.) "The number of people who wants to have a car is continuously increasing". The statement is an
example of?
a. Strengths c. Opportunities
b. Weaknesses d. Threats
14.) Which of the following talks about the amount of money spent on the particular product each
month or year?
a. Market value c. Market potential
b. Market share d. Market size
15.) Who is the responsible in defining the target market?
a. Manager c. Marketer
b. Investor d. Customers
16.) Which of the following refers to the human workforce involved in the
manufacture of products?
A. Materials B. Method C. Machine D. Manpower
17.) The 4M’s of production are as follows except ONE. Which one is it?
A. Management B. Manpower C. Method D. Machine
18) Which of the following refers to the marketing copy that explains what a product
is and why it is worth purchasing?
A. Prototype
[Link] Model
B. Product description D.
Suppliers
4. It represents the final products from the production process and distributed to
the customers.
A. Input
B. Supplies
C. Output D. Materials
5. It is a replica of a product.
A. Prototype
C.
Business Model
B. Product description
D.
Suppliers
6. Which of the following refers to the system of organizations, people, activities,
information, and resources involved in moving a product or service from
supplier to customer?
A. Supply Chain B. Value Chain
C. Business model D. Prototype
7. Which of the following is the process or activities by which a company adds
value to an article, including production, marketing, and the provision of aftersales service?
A. Supply Chain B. Value Chain
C. Business Model D. Prototype
8. It describes the rationale of how an organization creates, delivers, and captures
value in economic, social, cultural or other contexts.
A. Prototype
C.
Business Model
B. Product description
D.
Suppliers
9. It is an entity that supplies goods and services to another organization.
A. Prototype
B. Product Description C. Business Model D. Suppliers
[Link] of the following refers to the manufacturing equipment used in the
production of goods or delivery of services?
A. Machine
B. Manpower
C. Method
D. Materials
[Link] refers to the process or technique of converting raw materials to finished
products.
A. Machine
B. Manpower
C. Method
D. Materials
12. It simply refers to the raw materials needed in the production of a product.
A. Machine
B. Manpower
C. Method
D. Materials
