Republic of the Philippines

Department of Education
REGION XI
DIVISION OF DAVAO ORIENTAL
LUPON WEST DISTRICT
TAGUGPO NATIONAL HIGH SCHOOL
PRK. 1-A, TAGUGPO, LUPON, DAVAO ORIENTAL
ID NUMBER 304337

THIRD PERIODICAL TEST

GRADE 12 - ENTREPRENEURSHIP
S.Y 2022-2023
NAME: __________________________________ SECTION_________________ DATE: ____________

Multiple Choice Direction: Encircle the letter of the best answer.

O O O O 1. The entrepreneurs who create new ideas are called?

A. Innovative B. Imitating

C. Fabian D. Drone

O O O O 2. The entrepreneur who lives on the labor of others is called?

A. Drone B. Fabian

C. Imitating D. Innovative

O O O O 3. These are entrepreneurs who are to follow the path shown by innovative entrepreneur.

A. Innovative B. Imitating

C. Social Entrepreneurs D. Fabian

O O O O 4. Which of the following is NOT a function of an entrepreneur?

A. Skills management B. Risk taking

C. Conduct research D. Make no changes with his product

O O O O 5. Entrepreneur means:

A. Risk taker B. To undertake

C. To research D. To improve standard of living QUARTER CHALLENGE 1

O O O O 6. It is a personality factor which means “doing things even before being told”.

A. proactive B. perseverance

C. persuasion D. initiative

O O O O 7. It is a personality factor which means convincing customers to buy the product.

A. Proactie B. Persuasion
 C. Self-confidence D. Risk taker

O O O O 8. Which of the choices is NOT part of the environmental factors?

A. Political B. Weather condition

C. climate D. family background of the manager

O O O O 9. All except one does NOT belong to the group?

A. Unfair trade practices B. Strikes

C. Political protest D. Product

O O O O 10. The entrepreneur who are skeptical about the changes in the company is called?

A. Fabian B. Social entrepreneur

C. Drone D. Imitating

O O O O 11. The following are the forces competing within the industry except one:

A. Potential new entrants and Substitute Products B. Buyers and Suppliers

C. Rivalry among existing firms D. Needs and Wants

O O O O 12. They are the one that provides something that is needed or wanted.

A. Buyers B. Buyers

C. Competitors D. Sellers

O O O O 13. It refers to the physical environment, societal environment, and industry environment
where the business operates.

A. Entrepreneurial mind frame B. Entrepreneurial heart flame

C. External Environment D. Entrepreneurial heart frame

O O O O 14. They are the one who enters something.

A. Buyers B. Suppliers

C. new entrants D. Sellers

For questions 15 to 16 refer to the following statements:

A. Substantial capital requirement. B. Substitute products are not readily available in the market C.
Difficulty in accessing distribution channels. D. The product or service is unique. E. Characteristics of
the products or services. F. Increased capacity

O O O O 15. In Potential New Entrants the intensity of its threat will be affected by the presence of the
following barriers.

A. A and C B. A only
 B. A, B, C and D D. All of the above

O O O O 16. In rivalry among existing Firms the industry is attributable to the following factors.

A. E and F B. A and B

C. A, B, C and D D. All of the above

O O O O 17. Which of the following includes the industry environment of the business?

A. Competitors B. Creditors

C. Customers D. All of the above

O O O O 18. It is the process of considering, evaluating, and pursuing marketbased activities that are
believed to be advantageous for the firm.

A. Opportunity seeking B. Opportunity screening

C. Opportunity seizing D. Sources of opportunity

O O O O 19. This is essential to opportunity seeking which allows the entrepreneur to see things in a
positive and optimistic light in the midst of crisis or difficult situations.

A. Entrepreneurial mind frame B. Entrepreneurial heart flame

C. Entrepreneurial gut game D. Entrepreneurial heart frame

O O O O 20. It is the ability of entrepreneur that can sense without using the five senses, also known as
intuition.

A. Entrepreneurial mind frame B. Entrepreneurial heart flame

C. Entrepreneurial gut game D. Entrepreneurial heart frame

O O O O 21. What is the function of Value Proposition?

A. use to power up sales
B. customers buying habits
C. convince customer to purchase a particular product or services.
D. provide value to your customers
O O O O 22. Give example in promotion using Value Proposition and Unique Selling Proposition.

A. fruit shake stand B. with the slogan “Langhap Sarap”

C. ordinary sari-sari store D. multinational business

O O O O 23. Select type of customer requirement.

A. service responsibility B. service requirement

C. service oriented D. service fulfillment

O O O O 24. Considered favorable indicators for doing business in that particular location.

A. structure of the segment B. capability of the business

 C. size and growth of the segment D. segmentation marketing

O O O O 25. What is market size?

A. tangible things that can be seen.

B. The most important part to the success of the company

C. Size of arena where the entrepreneur will play their business

D. another variation of segmentation marketing.

O O O O 26. This refers to how you sell your products or services to you customer.

A. Value proposition B. Selling proposition

C. Marketing concept D. Unique selling proposition

O O O O 27. Service requirement _____________ thing or product not able to touch but customer can
feel the fulfillment.

A. Intangible B. Service

C. Tangible D. Output

O O O O 28. Tips for the entrepreneur on how to create an effective unique selling proposition to the
target customers, except.

A. Completeness of proportion

B. Identify and rank the uniqueness of the product or services characteristic.

C. Very specific

D. Keep it short and simple

O O O O 29. ________________ will determine entrepreneur possible customers in one locality.

A. Market design B. Market strategy

C. market size D. market research

O O O O 30. The following variable to consider in behavioral segmentation, except.

A. perception B. reaction

C. brand concept D. benefits