Name: ________________________ Score: ______

Grade and Section: ____________________ Date: ________

Instruction: Read the statements carefully then write True if the statement is correct & write False if you
think the statement is not correct.
__________1. Entrepreneur means “to undertake.”
__________2. Entrepreneurship is a process of actions of an entrepreneur who is always in search of
opportunities.
__________3. The greatest significance of entrepreneurship is to help identify and develop the managerial
capabilities of entrepreneurs.
__________ 4. Entrepreneurship will lead to the creation of organizations.
__________5. Entrepreneurship can improve the life of the entrepreneur only.
__________ 6. Coward people will become successful entrepreneurs.
__________7. An entrepreneur is a “Risk Taker”.
__________8. Entrepreneurship is not an economic activity.
__________9. Entrepreneurs are innovative.
__________10. Profit potential is the compensation of the entrepreneur.
__________11. An entrepreneur can become a business consultant.
__________12. An entrepreneur can also be a researcher.
__________13. An entrepreneur can also become a salesman.
__________14. Entrepreneurship graduates can become business reporters.
__________15. The entrepreneur could easily see the results of his efforts

Multiple Choice: Directions: Read the question carefully. Select and write the letter of your answer on the space
provided.

_____1. What do you call people who own, operate, and take a risk of a business venture?

A. Celebrities B. Employees C. Entrepreneurs D. Managers _____

_____2. A Chinese philanthropist who is famous for his self-discipline, handwork and perseverance.

A. Felipe Gozon B. Henry Sy C. Jaime Zobel D.Lucio Tan

_____3. Which one is TRUE about entrepreneurship?

A. They are always well-funded and carefully planned. B. They do not hire employees. C. There are no
known risks. D. There are lots of risks and rewards involved.

_____4. A businessman who gives priority to those in deaf community and known to his motto: “To make a difference
for the glory of god”.

A. Henry Sy B. Lucio Tan C. Mariano Que D. Pedro Cecilio

_____5. A characteristic that convinces customers and financiers to patronize his business. A. Initiative B.
Perseverance C. Persuasive D. Proactive

______ 6. This refers to the chances or possibilities of any business ideas that are available in an environment.

A. business analysis B. business opportunities C. business plan D. business proponent

______ 7. The following are good impacts of entrepreneurship in a country’s economic growth, which one does not
belong?

A. employment opportunities B. high standard of living C. increased of individual loans

D. revenue in the government

A. entrep B. entreprendre C. entreprende D. entrepreneurial

_______ 9. It refers to the discovery of new ideas that provide new ventures, products, technology and quality of goods.

A. convention B. innovation C. invention D. renovation

_______ 10. Which of the following is NOT a consequence of business failure?

A. customers are deprived of goods B. employee’s loss jobs C. government loses taxes D.
higher expenditures on education.

Word search. Shade or highlight the word/s that are discussed in Lesson 1. List down the words that you have
searched from the table. Explain these words based on how you understand. 3 points each.

1. ________________________________________________________________________

2. ________________________________________________________________________

3. ________________________________________________________________________

4. ________________________________________________________________________

5. ________________________________________________________________________

Match the name of the famous entrepreneurs in Column A with the corresponding business they own,
manage and build in column B. Write your answer on the space provided .
Column A Column B
_____1. Mariano Que a. Lamoiyan Corporation

_____ 2. Socorro C. Ramos b. Ayala Corporation

_____3. Felipe L. Gozon c. CDO Foodsphere

_____4. Alfredo Yao d. Mercury Drugstore

_____ 5. Cecilio K. Pedro e. GMA Network Inc.

_____ 6. Jaime Zobel de Ayala f. Zest-O Corporation

_____ 7. Lucio Tan g. SM (Shoemart)

_____ 8. Tony Tan Caktiong h. Philippines Airlines

_____ 9. Corazon D. Ong i. National Bookstore

_____ 10. Henry Sy j. Jollibee Food Inc. k. McDonalds

Congratulations! You are done!