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    Entrepreneurship Summative 1

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    fatima naranjo
    1. The document is a summative test from Antipolo National High School in the Philippines on the topic of entrepreneurship. It contains 25 multiple choice questions testing knowledge of concepts like the 4Ms of operations, factors of production, product description, and prototyping. 2. The test questions cover topics such as the 4 critical factors in business operations known as the 4Ms, attributes of manufacturing, factors that determine what products should be sold, how raw materials are translated to finished goods, and the purpose and development process of product prototypes. 3. The questions are designed to evaluate students' understanding of foundational entrepreneurship concepts through topics like the 4Ms framework, production

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    © All Rights Reserved
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    Entrepreneurship Summative 1

    Uploaded by

    fatima naranjo
    287 views3 pages
    1. The document is a summative test from Antipolo National High School in the Philippines on the topic of entrepreneurship. It contains 25 multiple choice questions testing knowledge of concepts like the 4Ms of operations, factors of production, product description, and prototyping. 2. The test questions cover topics such as the 4 critical factors in business operations known as the 4Ms, attributes of manufacturing, factors that determine what products should be sold, how raw materials are translated to finished goods, and the purpose and development process of product prototypes. 3. The questions are designed to evaluate students' understanding of foundational entrepreneurship concepts through topics like the 4Ms framework, production

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    1. The document is a summative test from Antipolo National High School in the Philippines on the topic of entrepreneurship. It contains 25 multiple choice questions testing knowledge of concepts like the 4Ms of operations, factors of production, product description, and prototyping. 2. The test questions cover topics such as the 4 critical factors in business operations known as the 4Ms, attributes of manufacturing, factors that determine what products should be sold, how raw materials are translated to finished goods, and the purpose and development process of product prototypes. 3. The questions are designed to evaluate students' understanding of foundational entrepreneurship concepts through topics like the 4Ms framework, production

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    287 views3 pages

    Entrepreneurship Summative 1

    Uploaded by

    fatima naranjo
    1. The document is a summative test from Antipolo National High School in the Philippines on the topic of entrepreneurship. It contains 25 multiple choice questions testing knowledge of concepts like the 4Ms of operations, factors of production, product description, and prototyping. 2. The test questions cover topics such as the 4 critical factors in business operations known as the 4Ms, attributes of manufacturing, factors that determine what products should be sold, how raw materials are translated to finished goods, and the purpose and development process of product prototypes. 3. The questions are designed to evaluate students' understanding of foundational entrepreneurship concepts through topics like the 4Ms framework, production

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 3

    Republic of the Philippines

    Department of Education
    Caraga Region
    SCHOOLS DIVISION OF SURIGAO DEL SUR
    ANTIPOLO NATIONAL HIGH SCHOOL
    Antipolo, Marihatag Surigao del Sur

    QUARTER 2
    SUMMATIVE TEST no. 1
    ENTREPRENEURSHIP

    DIRECTIONS: Read the statements below and shade the letter of your answer on the zipgrade sheet.

    1. In relation to business, what does 4Ms of a. manpower


    operation means? b. machine
    a. 4 critical factors c. method
    b. 4 business aspect d. money
    c. 4 critical domains 8. The most important factor in the
    d. 4 business domains production?
    2. What are the 4 attributes of a. money
    manufacturing? b. people
    a. manpower, machine, material, c. machine
    method d. method
    b. money, machine, manpower, 9. 4M: equipment
    market a. materials
    c. machine, money, mandate, material b. machine
    d. None of the Above c. manpower
    3. It pertains to anything used as inputs to d. method
    production? 10. 4M: people
    a. materials a. money
    b. money b. materials
    c. method c. method
    d. man d. manpower
    4. It refers to the system or step by step 11. 4M: supply distribution
    process in the business? a. materials
    a. manpower b. money
    b. Method c. method
    c. machine d. man
    d. materials
    12. Determines what should be sold?
    5. The following are the 4Ms of operations
    a. materials used
    except one. What is it?
    b. product to produce
    a. materials
    c. money to purchase
    b. money
    d. people to produce
    c. method
    d. man 13. Translating raw materials to finished?
    a. materials
    6. It refers to the facilities, vehicles, tools and
    b. machine
    equipment for production?
    c. manufacturing
    a. method
    d. money
    b. materials
    c. manpower 14. What is the “best friend” of manpower?
    d. machine a. machine
    b. money
    7. It refers to the workers? c. materials
    d. method
    15. It is a marketing copy used to describe a
    product’s value? 20. What do you call the rudimentary
    a. cover simulation of the actual product?
    b. description a. Stereotype
    c. container b. Prototype
    d. None of the above c. Mesotype
    d. None of the Above
    16. The following statements describe product
    21. It is designed to imitate the functions of
    description EXCEPT one. What is it?
    the actual product as close as possible?
    a. describe a product disadvantages
    a. miniatures
    b. describes product value
    b. functional
    c. provides buyers w/ details
    c. realia
    d. provide the product features
    7.
    d. replica
    17. The following questions are guide in
    22. How miniatures are usually developed?
    crafting product description EXCEPT one.
    a. 3D printing
    What is it?
    b. drawing
    a. Who produced the product?
    c. video presentation
    b. How the product does works?
    d. All of the Above
    c. When should one use the product?
    23. What is the most important aspect of
    d. None of the Above
    prototyping?
    18. Which of the following is the correct format
    a. precise
    in writing compelling product description?
    b. improvising
    a. paragraph(s) of prose + bulleted list
    c. functional
    of specs
    d. representation
    b. paragraph of phrases + bulleted list
    24. What is the main motive behind
    of specs
    prototyping?
    c. paragraph(s) of prose + paragraph
    a. validate the design
    list of features
    b. improve the product
    d. None of the above
    c. create best version
    19. Which of the following is NOT a possible d. produce a product
    target that measures success of product 25. It is used in industries where look is more
    description? important?
    a. A decrease in conversion rate a. Display prototype
    b. A decrease in cart adding b. Functional prototypes
    c. A lower return rate? c. Miniatures
    d. Fewer calls from shoppers d. None of the above

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