Department of Education

Region III
Division of City Schools, Angeles City
ANGELES CITY NATIONAL TRADE SCHOOL

PRE-TEST IN ENTREPRENEURSHIP – 10
FIRST GRADING PERIOD 8. These are benefits of having a business
EXCEPT:
Directions: This is a multiple-choice question; read A. You can serve as an inspirations to others.
carefully and select the best answer. On your B. You can employ others.
response sheet, write the letter of the correct C. You are your own boss.
answer. D. You can tax small businesses.

9. A business organization which is organized and

manage by a single person?
1. Description of the target market is formed in the A. Cooperative.
_______ part of the business plan. B. Corporation.
A. Marketing plan. C. Partnership.
B. Marketing strategies. D. Sole Proprietorship .
C. Operating strategies.
D. Production strategies. 10. Among the Personal Entrepreneurial
characteristics, which among the following is the
2. Detailed description of the products or services is most vital ?
in what part of the business plan? A. Creativity.
A. Marketing plan. B. Innovation
B. Production and Technical plan. C. Originality .
C. Operation plan. D. Passion.
D. Organization and management . 11. It is responsible for the advertisement, selling,
promotion of the product.
3. Which part of the business plan describes how the A. Owner
business has solved the problems. B. Sales Personnel
A. Statement of vision. C. TV
B. The marketing plan. D. Youtube
C. The Problem/Need. 12. Fixed cost plus variable cost is equal to_______
D. Production and Technical plan. A. Total Cost
B. Total Expenses
4. Which part of the business plan presents the data C. Total Profit
on how the products/service will be further D. Total Revenue
developed. 13. This is a statement of the financial condition of
A. Financial plan. an enterprise at a given point in time usually only a
B. The marketing plan. focus, quarterly, semi annually or annually.
C. The Problem/Need. A. Balance Sheet
D. Production and Technical plan. B. Break-even Analysis
C.. Income Statement
5. What part of the business plan presents a clear D. Profit and Loss Statement
statement of values critical to culture, integrity and 14. It is an instrument used to evaluate a
activities of the business. performance.
A. Financial plan. A. Assessment tool
B. Marketing plan. B. Criteria
C. Production plan. C. Rubrics
D. Statement of Vision, Mission and Values D. Table of Content
15. The current _____ is derived from production
6. It is the step-by-step guide in the thorough cost and marked up.
operations of the business A. Place
A. Business plan B. Price
B. Business proposal C. Product
C. Business presentation D. Promotion
D. Project plan 16. This is the synopsis of the business plan. It is a
short report in such a way that readers can rapidly
7. This is the legal personality of the business. become acquainted with the large body of the
A. Business brand material.
B. Business logo A. Executive Summary
C. Business name B. Statement of the Problem
D. Trademark
 C. Statement of Vision, Mission and Values D. Online Selling/Advertisement.
D. sustainability
17. What do you call a search and analysis of the
potential market that may be available to buy the 25. It is known as the language of business.
product. A. Accounting
A. Product scanning B. Bookkeeping
B. Product profile C. Posting
C. Product promotion D. Transaction
D. Product analysis.

18. When the total revenue equals Fixed cost plus 26. What do you call the person who studied and
variable cost, the business is________. applied the subject Entrepreneurship?
A. Break even A. Business man
B. Bankrupt B. Business woman
C. Earning profit C. Coach
D. Losing D. Entrepreneur

19. What do you call the tangible item that is put on 27. It is an economic activity engage in buying and
the market for acquisition, attention or consumption. selling.
A. Product A. Business
B. Service B. Entrepreneur
C. Talent C. Entrepreneurship
D. Yield D. Enteprise

20. It is viewed as change, generally entailing risk 28. Business plan has many advantages, EXCEPT
beyond what is normally encountered in starting a A. It can be used as a reference for future
business, which may include other values than loan in the bank.
simply economic ones. B. It can be used as a guide in the operations
A. Entrepreneur of the business.
B. Entrepreneurship C. It can be used for future expansion.
C. Starting a business D. It can be used for grades only
D. All of the above
29. It is used to determine the potential success of a
21. What selling strategy will you employ if you want proposed business venture.
to avoid high overhead costs, cut advertising costs, A. Market Study
and run your business with flexibility? B Feasibility Study
A. Cold calling. C. Technical Study
B. Consultative selling. D. Management Study
C. Direct selling.
D. Persuasive selling. 30. One of the simplest and most widely used risk
assessment tools
22. You are currently providing your prospects with A. SWOT analysis
product information in order to reduce the risk of B. McKinsey 7-S Framework
losing important information; this is referred to as C. PESTLE
formula selling. What stage of the selling process D. Porter’s Five Forces
does formula selling belong in?
A. Build Long Term Relationships.
B. Closing.
C. Handling questions.
D. Sales Presentation.
Prepared by:
23. What selling strategy is used when a sales
representative is trying to convince a prospect that Jesusa C. Isais
their product or service is the best solution to their
problem? Rhiza Sumayod
A. Cold calling.
B. Consultative selling.
C. Direct selling.
D. Persuasive selling.

24. In light of the pandemic, what is the best strategy

you will employ in your business to expand your
market?
A. Called Calling.
B. Consultative Selling.
C. Face to face presentation.
 Department of Education
Region III
Division of City Schools, Angeles City
ANGELES CITY NATIONAL TRADE SCHOOL