Entrepreneurship Final Exam Name: - Course & Section: - Date: - Score

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Republic of the Philippines

Department of Education
Region XII
Division of South Cotabato
Sto.Niño National High School

Third Periodical Examination


January 17-18, 2019

ENTREPRENEURSHIP FINAL EXAM


Name: ___________________________ Course & Section: ________________ Date: _________ Score: ______
Test I. Multiple Choice: Encircle the letter of the correct answer. (10pts)
1. The spark that drives the development of new products ideas or ways to do business.
a.) Creativity b.) Flexibility c.) Determination d.) Dedication
2. The ability to move quickly in response to changing market needs. It is being true to a dream while also being mindful of
market realities.
a.) Creativity b.) Flexibility c.) Determination d.) Dedication
3. The following are Advantages of a Small Business, Except:
a.) Feel more important b.) Feel more secure c.) Fewer benefits d.) Comfort Level
4. Which of the following is the Key Personal Attributes of Entrepreneurs?
a.) Original thinkers c.) Take responsibility for own actions
b.) Risk takers d.) Key Personal Attributes
5. Which of the following is not a characteristics of entrepreneurs?
a.) Poor Managers b.) Key Personal Attributes c.) Strong Managerial d.) Good Technical Skills
6. Listed below are the importance for a successful startup, except:
a.) Perfect alignment b.) Inefficient c.) Strong leadership d.) Customer-obsessed
7. In employee satisfaction which of the following is not true?
a.) In companies with less than 50 employees, 44% were satisfied.
b.) In companies with 50-999 which of the following is not employees, 31% are satisfied.
c.) Business with more than 5000, only 50% are satisfied.
d.) Business with more than 1000, only 28% are satisfied.
8. The following are common traits of entrepreneurs, except:
a.) Original thinkers c.) Take responsibility for own actions
b.) Risk takers d.) Failure to plan and prepare
9. An Entrepreneurs is identified as successful when:
a.) Creative and Innovative b.) Low work ethic c.) Inefficient d.) Poor money managers
10. The following are Disadvantages of a Small Business, except:
a.) Feel more important c.) Feel more secure
b.) Hard to move to a big company d.) Comfort Level

Test II. Identification: Identify the following questions. Write your answer on the blank provided. (10pts)
__________________ 1. Someone who owns, operates, and manages his or her business.
__________________ 2. Defined as a process aimed at enabling business to develop more advanced and powerful forms of
social responsibility.
__________________ 3. The extremely strong desire to achieve success.
__________________ 4. The ability to move quickly in response to changing market needs.
__________________ 5. Refers to the combined assets of society that enable and stimulate its people and organizations to be
innovated and creative.
__________________ 6. Defined as the sum of economic activity arising from a highly educated segment of the workface
encompassing a wide variety of creative individuals,
__________________ 7. Defined as actively placing capital in business and funds that generate social and/or environmental
good and at least a nominal return to the investor.
__________________ 8. It motivates the person to work hard to get the endeavor off the ground.
__________________ 9. A term coined by cherwitz(2000 and stresses the goal of education citizen scholars intellectual
entrepreneurship, both inside and outside universities.
__________________ 10. A person who startup a business venture.

Test III. Enumeration: Give what are being asked. (20pts)


1 – 6 ---- > Disadvantages of a Small Business
7 – 11 --- > Common traits of Entrepreneurship
12 – 14 --- > Characteristics of Entrepreneurs
15 – 20 --- > Key Personal Attributes of Entrepreneurs

Test IV. Explanation and Discussion. Answer the following questions in three sentences or less. (10pts)
1. Who is an entrepreneur?
2. Why is it important to practice business ethics and values?
Republic of the Philippines
Department of Education
Region XII
Division of South Cotabato
Sto.Niño National High School
Fourth Quarter Examination
March 14 - 15, 2019

ENTREPRENEURSHIP FINAL EXAM

Name: ___________________________ Course & Section: ________________ Date: _________ Score: ______

Test I. Identification: Identify the following questions. Write your answer on the blank provided. (10pts)

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