FIRST MONTHLY EXAMINATION

TECHNOLOGY AND LIVELIHOOD EDUCATION 9

NAME: _______________________________YEAR & SECTION:

GENERAL INSTRUCTIONS:
1. Read and understand each sentence carefully.
2. Choose the letter of
the best answer
3. No Erasure.

A. Directions: Read and study the situation that describes the entrepreneurial characteristics or
attributes. Answer the question by writing the letter of your choice in your assignment notebook or
in the answer sheet provided.
Mrs. Gina Magno opens up her own retail business. She knows that her personal entrepreneurial
characteristics are insufficient to ensure a successful operationalization of a business that she has in mind.
Your answers to the questions below will help in developing her PECS
1. What PECs must she possess if there are customers who complain about the quality of her
product?
a. Patience c. Versatile
b. Hardworking d. All of the above
2. Which of the following is NOT considered as a characteristic of an entrepreneur?
a. Copes with failure c. Persistent
b. Dependent d. Opportunity seeker
3. If she wants to ensure a profitable business operation, what characteristic will she maintain?
a. Commitment c. Futuristic
b. Goal oriented d. Opportunity seeker
4. Mrs. Magno follows the advice of a friend to be flexible especially if she intends to open a retail
business. What PECs has been demonstrated by Mrs. Magno?
a. Self-confidence c. Open to feedback
b. Reliable and has integrity d. Persistent
5. She tells Mary, her best friend that she has a strong will and does not give up to find a solution to a
business problem. What PECs has been demonstrated by Mrs. Magno?
a. Hard work c. Self-confidence
b. Persistence d. Risk-taking
6. If you are determined to run your own business, you must concentrate on your work either as a
producer or a seller. The success of your business depends on how much time and effort you will
spend on it. It is an example of what type of PECS?
a. Hard work c. Self-confidence
b. Persistence d. Risk-taking
7. You must have a strong faith in your ability despite the problems that you will encounter along the
way. It is an example of what type of PECS?
a. Future Oriented c. Persistence
b. Self-confidence d. Reliable and has integrity
8. Once a person enters in a line of business, you must understand that you are in a non-stop
contract that an entrepreneur should understand. It may take several years to build up a business
to a reasonable standard. The goal for most successful business people is to build a secure job
and stable income for themselves based on their own ability.
a. Future Oriented c. Persistence
b. Self-confidence d. Reliable and has integrity
9. When you enter into the world of business, obviously, you are looking for income because you
know that this will be your bread and butter not only for you but also for your family. Therefore, you
 must see to it the business can generate income. Another plan of action is to expand your own
business through the use of your generated income.
a. Hard work c. Self-confidence
b. Profit-Oriented d. Reliable and has integrity
10. An entrepreneur is forward looking. You have an advanced preparation for your business. You set
a long-term goal for the activities that are needed, an extensive preparation for the production
process and procedures that you need to go through to acquire, human and non-human resources.
a. Goal-Oriented c. Self-confidence
b. Profit-Oriented d. Reliable and has integrity
11. The following are examples of peoples’ basic needs, except.
a. Recreation c. Shelter
b. Clothing d. Food
12. Which of the following should be considered first by a prospective entrepreneur in choosing the
right location for his/her store?
a. Type of Merchandise c. The attractiveness of the store layout
b. The access of the target customers d. The prevailing prices of goods in area
13. Thong plans to put a
“digi-print” studio in their locality. Which of the following will help him determine his plan for a success
setting up of his business?
a. Survey of consumer associations
b. Checking for similar business to avoid competition
c. Getting feedback on the quality of service
d. Conduct a SWOT analysis
1. Ceasar studies the population in his immediate community. He is doing this to_______
a. Identify his would be “suki” c. select his favorite costumers
b. Predict his biggest buyer d. determines whom to sell his product or service
2. When an entrepreneur improves and alter products to make it more appealing to target
consumers, he/she is doing an ___________ of the product.
a. Alteration c. Innovation
b. Invention d. Improvisation
3. Examine the existing goods and services. Are you satisfied with the product? What do other
people who use the product say about it? This is an example of what kind of ideas in
business?
a. Examine the present and future needs.
b. Examine the existing goods and services
c. Examine how the needs are being satisfied
d. Examine the available resources around you.
4. Observe what materials or skills are available in abundance in your area. A business can be
started out of available raw materials by selling them in raw form and by processing and
manufacturing them into finished products. This is an example of what kind of ideas in
business?
a. Examine the present and future needs.
b. Examine the existing goods and services
c. Examine how the needs are being satisfied
d. Examine the available resources around you.
5. You can pick up new business Ideas from Newsweek, Reader's Digest, Business Magazines,
Go Negosyo, KAB materials, Small-industry Journal.
a. Read magazines, news articles, and other publications on new products.
b. Examine the existing goods and services
c. Examine how the needs are being satisfied
d. Examine the available resources around you.
6. Needs for the products and services are referred to as market demand.
a. Examine the present and future needs.
b. Examine the existing goods and services
c. Examine how the needs are being satisfied
d. Examine the available resources around you.
7. Look and listen to what the customers, institution, and communities are missing in terms of
goods and services.
a. Examine the present and future needs.
b. Examine the existing goods and services
 c. Examine how the needs are being satisfied
d. Examine the available resources around you.

II. MATCHING TYPE

III.
8. The following are examples of peoples’ basic needs, except.
c. Recreation c. Shelter
d. Clothing d. Food
9. Which of the following should be considered first by a prospective entrepreneur in choosing the
right location for his/her store?
c. Type of Merchandise c. The attractiveness of the store layout
d. The access of the target customers d. The prevailing prices of goods in area
10. Thong plans to put a
“digi-print” studio in their locality. Which of the following will help him determine his plan for a
success setting up of his business?
e. Survey of consumer associations
f. Checking for similar business to avoid competition
g. Getting feedback on the quality of service
h. Conduct a SWOT analysis
11. Ceasar studies the population in his immediate community. He is doing this to_______
c. Identify his would be “suki” c. select his favorite costumers
d. Predict his biggest buyer d. determines whom to sell his product or service
12. When an entrepreneur improves and alter products to make it more appealing to target
consumers, he/she is doing an ___________ of the product.
c. Alteration c. Innovation
d. Invention d. Improvisation
13. Examine the existing goods and services. Are you satisfied with the product? What do other
people who use the product say about it? This is an example of what kind of ideas in
business?
 e. Examine the present and future needs.
f. Examine the existing goods and services
g. Examine how the needs are being satisfied
h. Examine the available resources around you.
14. Observe what materials or skills are available in abundance in your area. A business can be
started out of available raw materials by selling them in raw form and by processing and
manufacturing them into finished products. This is an example of what kind of ideas in
business?
e. Examine the present and future needs.
f. Examine the existing goods and services
g. Examine how the needs are being satisfied
h. Examine the available resources around you.
15. You can pick up new business Ideas from Newsweek, Reader's Digest, Business Magazines,
Go Negosyo, KAB materials, Small-industry Journal.
a. Read magazines, news articles, and other publications on new products.
b. Examine the existing goods and services
c. Examine how the needs are being satisfied
d. Examine the available resources around you.
16. Needs for the products and services are referred to as market demand.
e. Examine the present and future needs.
f. Examine the existing goods and services
g. Examine how the needs are being satisfied
h. Examine the available resources around you.
17. Look and listen to what the customers, institutions, and communities are missing in terms of
goods and services.
e. Examine the present and future needs.
f. Examine the existing goods and services
g. Examine how the needs are being satisfied
h. Examine the available resources around you.