Entrepreneurship (Grade 12) SUMMATIVE Test No. 1 - SY. 2021-2022

ENTREPRENEURSHIP (GRADE 12)
SUMMATIVE Test No. 1– QUARTER 2

SY. 2021-2022
Name: Jemuel Mark L. Zacarias Grade & Section: 12-STEM C Class #:28 Date: _________
Score:_____
I. Direction: Read carefully each item. Write only the letter of the best answer
before the number.
_______ 1. Which of the 4m’s is called the input?
A. Materials B. Methods C. Manpower D. Machine
________2. This is called the cost or the amount at which something is valued?
A. Quality B. Delivery C. Price D. Operation
_______3. Which is a marketing copy used to describe a product’s value to potential customers.
A. Description B. Design C. Prototype D. Value
________4. Which of the following should be taken into consideration in making an effective
product description?
A. Company’s objectives B. Investors point of views
C. Potential Market D. Product undesirable features
________5. This method of prototyping wherein the output is said to be like the product itself but
not interactive and clickable?
A. Mock-ups B. Wireframes
C. Duct Tape D. Bailing Wire
________6. Which is the process of piloting your prototype with the real users to validate design
decisions before development starts?
A. Prototype creation B. Prototype development
C. Prototype testing D. All the choices
________7. This is an early sample, model, or release of product to test a. process
or concept?
A. Model B. Prototype C. Clone D. Mock-ups
_________8. The ideas in mind that should be written in papers to arrive at a first step in making
your idea into reality.
A. Build a Physical Prototype B. Create a Concept Sketch
B. Develop a Virtual Prototype D. Locate a Manufacturer
_________9. 6. Which is called the transformation process where input is converted into output?
A. Input B. Process C. Output D. Quality
_________10. Which of the selection below refers to the expectations are captured in the
discussions with the customer and then refined for inclusion in the project product
description.?
A. Quality expectations B. Price Expectation
C. Delivery expectation D. Product Selection
_________11. 7. These are the following benefits or uses of product description, EXCEPT.
A. Identify the level of quality and usability of a product.
B. Express the skills required to produce the products.
C. State who will be benefited for the profit it will generate.
D. Understand the purpose, function, and benefits of the product
_________12. Which is the first and arguably the best way to validate the marketability of your
product?
A. Making initial sales
B. Receiving orders
C. Receiving product recommendations
D. Receiving positive comments from the product testers
_________13. What process of presenting a concept for a product to its target market and
learns from those prospective buyers whether or not the idea is worth pursuing.
A. Market Penetration B. Market Segmentation
C. Market Research D. Market Validation
_________14. What 4M’s of operation is very functional that without this M everything will not
function?
A. Manpower B. Machin C. Method D. Materials
________15. Which statement about the quality expected from the projec product?
A. Delivery expectations B. Price expectations
C. Quality expectations D. Quantity expectation
_________16. What should be done when your potential buyers are not interested in your
product?
A. Play around with some methods of delivery and adding value.
B. Test your product with a few variants of concepts.
C. Do your research and find out what feature should be changed or added.
D. All the choices are correct.
_________17.
_________18.
_________19. As a newbie in business, Jesseflor wanted to make sure that there is a demand
for the product he would offer. Thus, he searched for the product trends on the
internet. What validation method did Jesseflor used?
A. beta testing B. competitive analysis
C. research existing demand D. ringing the cash register
_________20. Which reference points help make final purchase decision?
A. Delivery expectations B. Price expectations
C. Quality expectations D. Quantity Expectations
________21. What is the delivery of products and services to customers to meet or
surpass the expectations?
A. Operation Management B. Quality expectations
C. Delivery expectations D. Price Expectations
________22. Why does competitive analysis say that competition is good?
A. It makes a business strive hard to beat its competitors.
B. It confirms an existing demand for a product or a service.
C. It is both beneficial to the buyers and the businesses.
D. It motivates businesses to make innovations to take lead from their competitors.
_______23. What do you call the cost or the amount at which something is valued and also
defined as to put a cost on something, or find out a cost?
A. Price B. Delivery C. Quality D. Method
_______24.
_______25.
Prepared by:
MARICRIS S. DELA CRUZ

STEM Subject Teacher
Checked by: Noted by
ARNEL S. DUMO GEMMA R. FLORA

Master Teacher II Head Teacher III
OIC-Office of the Assistant Principal
Approved by:
MELANIE C. ESTEPA
Head Teacher III
OIC-Office of the Principal

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ENTREPRENEURSHIP (GRADE 12)

SUMMATIVE Test No. 1– QUARTER 2

MARICRIS S. DELA CRUZ

Checked by: Noted by

ARNEL S. DUMO GEMMA R. FLORA

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