CARMEN NATIONAL HIGH SCHOOL
FIRST QUARTERLY EXAMINATION
SY: 2019-2020
ENTREPRENEURSHIP 9
Name: Grade and Section:
Date: Score:
I. Multiple Choice. Read and analyze each item carefully. Choose the correct answer from the choices a, b, c and d. Encircle the letter
that corresponds to your answer. BEST OF LUCK!
1. Which of the following is the index of entrepreneurship?
a. Developing a small elite class c. Searching, identifying and developing raw materials
b. Transforming ideas into economic opportunities d. Innovating and developing new products and services
2. Which of the following is NOT closely associated with entrepreneurship?
a. flexibility b. change and creativity c. knowledge and innovation d. leadership
3. What happens when entrepreneurial activities slow down?
a. Income is evenly distributed c. Quality of life is improved
b. Tax revenues are increased d. Country’s unemployment rate goes up
4. Which of the following is NOT true about entrepreneurship?
a. Entrepreneurship contribute significantly to the continuous improvement of living standards
b. Entrepreneurship helps the development of a handful of people getting rich through enterprise
c. Entrepreneurship activities slow down country’s unemployment rates.
d. Entrepreneurship provides an opportunity for making unproductive use of capital resources.
5. The ability to convince others is one quality of a successful entrepreneur. Which option below is the most important?
a. Well-Organized b. Passion c. Sales Ability d. Integrity
6. Self-discipline is important in putting up a business. Which statements below contribute to the success of an entrepreneur?
a. Develop the ability to get things done, even when you don’t feel like it.
b. Dedicate yourself in improving your leadership, skills, and abilities.
c. Being able to appeal to other people’s emotion in selling your ideas, products or services.
d. The demand for products or services.
7. To communicate effectively is one quality of a good entrepreneur. Which of the options below is the most important?
a. Sales Ability b. Self-Discipline c. Strong Work Ethics d. Strong Leadership Qualities
8. In business, it is the survival of the fittest that counts. Which of the statements below best describes competitiveness?
a. Identify a profitable market and build your business
b. Make an effort to genuinely like, respect, and appreciate other people.
c. Learn self-discipline with the right information and conscious efforts.
d. Play to win, but never sacrifice your integrity for the sake of a few pesos.
9. With PECs behavioral indicator meets or beats existing standards of excellence to improve performance
a. Opportunity Seeking c. Demand for Quality and Efficiency
b. Persuasion and Networking d. Commitment to the Work Contract
10. Which of the following statements is not a good PECs indicator?
a. Developing and using alternatives to monitor progress
b. Ready to adopt to alternatives or strategies when necessary
c. Developing systematic plans and monitoring activities and performance
d. Accomplish business objectives and use of network of friends and acquaintances
11. Which of the following best describe entrepreneurship?
a. Has the capacity for innovation, investment, and creation of markets, products, and techniques
b. Empower citizens, generates innovation and changes mindsets
c. Creates Employment
d. a, b, and c
12. The state of being employed or having a job refers to .
a. Job creation b. Employment c. Occupation d. Entrepreneurship
13. The most basic management function of an entrepreneur which tells you where you are going and how to get there.
a. Controlling b. Organizing c. Planning d. Staffing
14. Plans are categorized in different ways. Which plan is used repeatedly as it covers policies, procedures, and rules in
management functions?
a. Organizational Plan b. Staffing Plan c. Standing Plan d. Single-purpose Plan
15. This plan is essentially non-repetitious. Since it is usually used within a short period of time. It comprises programs, projects,
and budgets.
a. Improvement Plan b. Organizational Plan c. Single-purpose Plan d. Standing Plan
16. A management function that clusters the activities into departments or job position, and designating the personnel to head and
compose each department is called.
a. Directing b. Organizing c. Planning d. Staffing
17. A diagram that shows the relationships of the position and their corresponding authority, responsibility and accountability is:
a. Organization c. Line Organization
b. Line and Staff Organization d. Organizational Chart
18. Directing is a challenging task. The principal concern of directing as a management function is to .
a. Assess skills, strengths, weaknesses and potentials of personnel
b. Discover the problem in quantity or quality of skills of personnel
c. Influence subordinate to contribute to the attainment of the firm objectives
d. Make sure that what is done in the enterprise conforms with what has been planned
19. Which among the choices below is necessary to determine how often you should measure performance in the controlling
process?
a. Compare performance with standards and analyse deviations c. Measure actual performance
b. Established standards d. Set performance measurements
20. A type of organization chart where officers have staff to assist them but who do not have any authority over line personnel is
a. Line and Staff Organization c. Functional Staff Organization
b. Line Organization d. Organizational Chart
21. Assessing the skills, strengths, weaknesses and potential of your personnel will tell you whether
a. Your company has just the right quantity and quality of men
b. You have an excess in quantity but are short in quality
c. Both quantity an quality of skills of your personnel are insufficient
d. a, b, and c
22. If you find out that there is a problem in quantity and quality of skills among present personnel. What solution should you adopt
to solve the problem?
a. Consider recruiting from inside or outside the organization
b. Undertake training and skill development
c. Advise the person to look for another job
d. a, b, and c
23. An entrepreneur is aware of
a. his family’s activities c. his relations to people in his community
b. his business competitors d. the demand for products and services in his community
24. The term legal form refers to the type of business ownership. Which type of business ownership is the simplest in common?
a. Corporation b. Cooperative c. Partnership d. Sole Proprietorship
25. Partnership is a business form owned by two or more persons. Which among the choices below is NOT an advantage of a
partnership?
a. Partners have to be consulted each time a decision and action is made
b. No income tax is levied in the partnership itself but on the owners as individuals
c. Partners decide as to who shall pay debts in case the business is unable to pay its liabilities
d. If one partner commits mistake, the other has to suffer the consequences
26. Which among the following is NOT an advantage of a corporation
a. Corporation continues to exist for a maximum of 50 years
b. Continuity of existence is not affected by the death of a stockholder
c. Each stockholder shares in the ownership of the company, together with the incorporators
d. Subject to a more government control
II. Enumeration. Write your answers on the spaces provided below.
Characteristics and Qualities of a Successful Entrepreneur
27. 32.
28. 33.
29. 34.
30. 35.
31.
Management Functions of Entrepreneurs
36.
37.
38.
39.
40.
