Midterm ENTREP TEST QUESTIONS

NORTHERN SAMAR COLLEGES, INC.
Catarman Northern Samar
SENIOR HIGH SCHOOL DEPARTMENT
MIDTERM EXAMINATION IN ENTREPRENEURSHIP
NAME _______________________________________ Yr. & Section _______________
Date: _______________ Score: ___________
TEST I- MATCHING TYPE (2 pts each)- 30 items
Directions: Match column A with the column B. Write only the letter of the correct answer.
Column A
1. ____refers to the recognition of a business idea or the detection of opportunities that could make
money for the entrepreneur.
2. ____they engage in micro and small businesses as an alternative to formal employment .
3. ____the process of carrying out the business plan.
4. ____comes from the French word entreprendre.
5. ____these individuals are willing to absorb huge risks of using enormous amount of capital in their
business ventures.
6.____refers to the systematic and rational way of providing an answer to a question.
7. ____described as uncertain situations and developments that can increase the probability of loss or
business failure.
8. ____are threats coming from various environments outside the business firm.
9. ____refers to thought processes that bring about discovery of new ideas.
10. ___include the qualities of individuals such as demographics, personal traits, psychological
characteristics.
11. ___pertains to strategies related to the expansion of the business firm.
12. ___pertains to dangers comibg from the management of resources of a business enterprise that may
emperil its
13.___involves thought processes that assess current situation that can be useful in the formulation of
plans for the future.
14. ___the process of identifying, assessing and responding to the risk.
15. ___refers to the ability of individuals to be involved in the process of producing several ways of
decision making.
Column B
a. Entrepreneurship
b. External risk
c. Mega entrepreneurs
d. Microentrepreneurs
e. Organizing resources
f. Discovery
g. Strategic thinking
h. Reaping the returns
i. Implementation
j. Critical thinking
k. Risk
l. Entrepreneurial intention
m. Internal factors
n. Creative thinking
o. Risk management
p. Internal risk
q. Cognitive adaptability
TEST II- MULTIPLE CHOICES (2 pts each)- 20 items
Direction: Encircle only the letter of the correct answer.
1. it gives more details on how the general business idea can be realized.
A. development of a business concept
B. organizing resources
C. implementation
2. although they are not crucial in bringing rapid economic prosperity to a country, they
nevertheless contribute to inclusive growth.
A. megaentrepreneurs
B. microentrepreneurs
C. innovation
3. draw their ideas from current inventions and other technological developments that bring
about huge profits for them.
C. organizing resources
4. involves several stages from the awareness of an opportunity to the realization of a business
idea.
A. entrepreneurial process
B. implementation
C. discovery
5. he emphasized the role of entrepreneur in the process of economic transformation.
A. Joseph Schumpeter
B. Mark Zuckerberg
C. Socorro Ramos
6. are individuals who have generated substantial value and profits from innovations in a very
short period of time.
A. entrepreneurs
B. entrepreneurship
C. entrepreneurial
7. are usually drawn from the pool of unemployed or underemployed.
C. risk appetite
8. include a host of qualities, including need for achievement, risk appetite, acceptance for
vagueness, self- efficacy and goal setting.
A. psychological traits
B. internal factors
C. risk
9. are more willing ton take risks compared to microentrepreneurs.
B. entrepreneurs
C. macroentrepreneurs
10. refer to gender, marital status, age, and employment status of individuals who are likely to
form entrepreneurial intentions.
A. demographics
B. internal factors
TEST III- Jumbled letters (2 pts each)
Instruction: Form a correct word with a correct spelling.
1. ETNREPRENUESR -
2. SHIPENTRENEURPRE -
3. ITERNNAL-
4. MAGEENTREPRENEUR-
5. MCROITREPENRENUER-
6. DISRYVECO-
7. IPLEMMENTIONTA-
8. EPLOMYENTM-
9. RSKI ATITEPPE-
10. PYSLOCHOCALGI-
11. PSOERNAL TAIRTS--
12. DMOEGRACIPSH
13. VLUEA AEDDD-
14. ENOCOICM-
15. EMMENTPLOY-
TEST VI. ENUMERATION- 10 items
5 Steps in Entrepreneurial Process

1.
2.
3.
4.
5.
2 Types of Entrepreneurs
1.
2.
3 Characteristics of an Entrepreneur
1.
2.
3.
3 types of mental processes
1.
2.
3.
2 categories of business risk
1.
2.
5 characteristics of an entrepreneur
1. 4.
2. 5.
3.
GOD BLESS YOU!
Prepared by: Noted:
JOVELYN C. DAMASO SOCORRO V. DELA ROSA, Ed. D
STEM – 11 Adviser School Principal
Approved:
LEAH MOORE- MANGADA
School President

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NORTHERN SAMAR COLLEGES, INC.

Catarman Northern Samar

SENIOR HIGH SCHOOL DEPARTMENT

MIDTERM EXAMINATION IN ENTREPRENEURSHIP

NAME _________________________ Yr. & Section _

Date: _____ Score: _

TEST I- MATCHING TYPE (2 pts each)- 30 items

TEST II- MULTIPLE CHOICES (2 pts each)- 20 items

Direction: Encircle only the letter of the correct answer.

TEST III- Jumbled letters (2 pts each)

Instruction: Form a correct word with a correct spelling.

TEST VI. ENUMERATION- 10 items

5 Steps in Entrepreneurial Process

GOD BLESS YOU!

Prepared by: Noted:

JOVELYN C. DAMASO SOCORRO V. DELA ROSA, Ed. D

STEM – 11 Adviser School Principal

LEAH MOORE- MANGADA

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