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Midterm EXAM TEST

This document appears to be a midterm exam for an entrepreneurship course at Samar Colleges in the Philippines. It consists of multiple choice questions, true/false questions, identification questions, and essay questions testing students' understanding of key entrepreneurship concepts. The multiple choice questions cover topics like target markets, business types, resources, laws supporting women entrepreneurs, and definitions of entrepreneurship terms. The true/false and identification questions test comprehension of business roles and relationships. The essay question asks students to describe their ideal business and entrepreneurial strengths and principles.

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Karen Moreno Panganoron
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© © All Rights Reserved
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Download as DOCX, PDF, TXT or read online on Scribd
130 views

Midterm EXAM TEST

This document appears to be a midterm exam for an entrepreneurship course at Samar Colleges in the Philippines. It consists of multiple choice questions, true/false questions, identification questions, and essay questions testing students' understanding of key entrepreneurship concepts. The multiple choice questions cover topics like target markets, business types, resources, laws supporting women entrepreneurs, and definitions of entrepreneurship terms. The true/false and identification questions test comprehension of business roles and relationships. The essay question asks students to describe their ideal business and entrepreneurial strengths and principles.

Uploaded by

Karen Moreno Panganoron
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Republic of the Philippines

Samar Colleges, Inc.


College of Education
Mabini Avenue, Catbalogan City

EDUKASYONG PANTAHAN AT PANGKABUHAYAN-ENTREPRENEURSHIP


MIDTERM EXAM

"Life is the most difficult exam.’’

Name: _______________________________________ Date: ____________

Test-1 MULTIPLE CHOICE


Direction: Incircle the correct answer.
1. Referred as a group of consumers the entrepreneur identified as people who are
most likely to use his/her product.
a. Market b. society c. buyers d. consumer

2. What is the best confidence of an entrepreneur?

a. Knowledge b. skills c. demand d. talent

3. Makers of milk
a. Producer b. Manufacturer c. Consumer d. Buyer

4. They are best exemplified by the sari-sari stores that are almost everywhere.
a. Producer b. Manufacturer c. Micro and Small enterprises d. none of these

5. MSE stand for?


a. Medium size entrepreneur
b. Micro and small entrepreneurship
c. Micro and small enterprises

6. Most entrepreneurs set up physical stores and/or online store and sell directly to
buyers. These stores enable the entrepreneurs to monitor their sales, inventory
and consumers’ feedback.
a. retail business b. Micro business c. small business

7. Example of these resources are soil, air, forest and minerals.

a. Nonhuman resources
b. b. Natural resources
c. c. Human resources
d. d. Nonnatural resources

8. An entrepreneur controls and uses the resources to achieve self-determined goals.


a. responsible
b. b. risk-taker
c. c. persistent
d. d. innovative

9. An entrepreneur has the goal to sell the products assigned to him/her.


a. results-oriented
b. b. team-player
c. c. optimistic
d. d. persistent

10. He is the founder of National Bookstore, the largest bookstore in the Philippines.
a. Mariano Que
b. b. Corazon Ong
c. c. Socorro Ramos
d. d. Soccoro Ramos

11. This type of business organization has more rules and regulations to comply with.
a. sole proprietorship
b. b. corporation
c. c. franchise
d. d. cooperative

12. Ford Motor Company


a. Michael Newton
b. b. Micheal Newton
c. c. Henry Ford
d. d. Hinry Ford

13. This is an act providing assistance for women.


a. R.A. 7882
b. b. Magna Carta for Small Entreprises
c. c. Fair Trade Laws
d. R. A. 8782

14. CCTV System


a. Michael Newton
b. b. Mariano Que
c. c. William Henry "Bill" Gates
d. d. Tony Tan Caktiong

15. It is an individual who is highly enterprising and has the ability to see and evaluate
business opportunities, gathers necessary resources, and etc.
a. Entreprenuer
b. b. Entreprenuerial
c. c. Entreprenuership
d. d. none of these

TEST 11- TRUE OR FALSE! 2 pts. each


Direction: Write true if the statement is correct and False if not.
____T_1. Entrepreneurship is the operating or organizing in businesses.
_____T2. A seller offers for a price a product
____T_3. A buyers purchases a product for his/her need.
____F_4. An entrepreneur offers products based on the his/her likes and dislikes.
____T_5. The trademark of an ideal entrepreneur is producing a simple product with
low capital yet successful selling and achieving good sales.

TEST 111 IDENTIFICATION 2 pts. each


Direction: Choose the word inside the box that correspond to the given statement.

Manufacturer Distributor Store owner


Customer Supplier

___M__1. sourcing for raw materials.


___D__2. placing orders from a manufacturer.
_STORE____3. offering the latest model of rubber shoes.
__C___4. persuaded to try the latest model.
___SUP__5. deliver to the store owner additional stocks of rubber shoes.

TEST IV- ENUMERATION


Direction: Enumerate the given statement. Use space for your answer.
1.What are the requirements in registering a Sole Proprietorship business? Give at least
3 requirements or process.
a.
b.
c.
2. Requirements in registering a Partnership or Corporation. Give at least 3
requirements or process.
a.
b.
c.
3. Requirements in registering a Cooperative. Give at least 3 requirements or process.
a.
b.
c.
d.

TEST-V ESSAY
Direction: Read and understand the given task.5pts.
What is your ideal entrepreneur? What is your personal asset in making a business. What is your
principle in business? How are you able to attain and sustain your business in the market?

Prepared by:
JISSELE A. BARSANA
TLE/EPP Instructor

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