APPLIED CON SUMMATIVE TEST 1st-2nd Sem 2021

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ALEJANDRO FIRMEZA MEMORIAL NATIONAL HIGH SCHOOL

Aguiauan, Miagao, Iloilo

APPLIED ECONOMICS
Summative Test

Name:____________________________ Grade/Section:___________Date:___________Score:________

Test I. Direction: Choose the letter of the correct answer. Write your answers on the space before each
number.
_______1. In a SWOT analysis, which two elements are part of the internal environment?
    a. strengths and treats        c. weaknesses and strengths
    b. opportunities and treats     d. weaknesses and treats
_______2. What does the acronym VMOST stand for?
    a. Vision and Mission, Objectives, Strategy, Tactics 
     b. Vision and Money, Objective, Strategy, Tactics
    c. Vision and Motion, Objective, Strengths, Treats 
    d. Vision, Mission, Objectives, Strategy, Treats 
________3. A SWOT Analysis looks at?
    a. the internal factor only        b. the external factor only
    c. both internal and external    d. none of the above
________4. SWOT stands for?
    a. strengths, wellbeing, opportunities and treats
    b. sudden, weaknesses, outstanding, treats
     c. strengths, ways, overcome, treats
    d. strengths, weaknesses, opportunities, treats
________5. Which among the principles in creating business has the potential to grow.
    a. big ideas    b. vision    c. scalability        d. growth
________6. Which of the following statement best describe profitability?
   a. it create an economic certainty for the communities.
    b. selected carefully to make a team.
    c. aim high beyond the existing standard
    d. it is the result of a big dream in mind.
________7. In SWOT analysis it is the external factor that you have no control over.
    a. opportunities    b. strengths        c. treats    d. weaknesses
________8. In VMOST it is a concise actions of changes that company to accomplish its vision.
    a. mission statement    b. objectives        c. tactics    d. vision
________9. In PESTLE analysis these are the determinants of an economy’s performance that directly impact
the company.
    a. economic factors        b. political factors    c. legal    d. social
________10. In what elements of PESTLE analysis tax policies, fiscal policy, trade and tariffs belong.
    a. political    b. economic     c. legal    d. social   

Test II.ESSAY:The impact and result

Today the world is facing the Covid-19 Pandemic, which affect both the people and the economy. Answer the
following questions being presented. Your answer are rated using rubrics.

1. What are the impact of the virus in business sector in your community. List down each, write your answer on the back
part of your test paper.
2. Among affected business. What are the business that is still operating in your community that the buying public is still
patronizing. List down each, write your answer on the back part of your test paper.
3. As an ABM students. Do you think this is the best time to create your business? Why? How? 

Rubrics:

Score
10 7 2
Provide substantial and Provide adequate elaboration and Limited and inadequate
specific answer explanation of idea explanation of idea. 

Prepared by :
Miss Jonadhe C. Mondeja
Subject Teacher

Noted by :

______________________________
Parent/Guardian Name and Signature
App Econ/2020/[email protected]
#1st summative test/2nd quarter
Test II. Enumeration: Write the correct answer. 12.______________________________________
13.______________________________________
1-4 Trends in ICT
1._______________________________________
_
2._______________________________________
_
3._______________________________________
_
4._______________________________________
_

5-7 Mobile Technologies


14-20 Tips to Stay Safe Online
5. _______________________________________
6._______________________________________ 14. ______________________________________
7._______________________________________ 15.______________________________________
16.______________________________________
8-15 Features of Web 2.0 17.______________________________________
8. ______________________________________ 18.______________________________________
9. ______________________________________ 19.______________________________________
10.______________________________________ 20._____________________________________
11.______________________________________
Mil/2019/[email protected]
#summative SCORE:

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