Recap MidTerm Exam

It describes how company’s product or service fulfills the needs of customers.

• Market Opportunity

• Market Strategy

• Value Proposition

• Revenue Model

It requires coordination among government agencies, private sector, civil society, and development partners.

• DOLE

• MSMED Plan 2017-2022

• Department of Trade and Industry

• Philippine Development Plan (PDP) 2017-2022

What act provides the president to approve a six-year micro, small and medium enterprise development plan?

• RA No. 6977

• RA No. 10644

• RA No. 9178

• RA No. 7394

This gives training from industry experts and large corporations on different aspects of business operations.

(a)  

Give at least 5 Ms of 7M ways of uplifting MSMEs

(a)  

Monetary Policy promotes financial stability through micro-macro prudential measures.

• TRUE

• FALSE

In classifying Medium Enterprise, a business must have an asset size from P3,000,001 to P15,000,000.

• TRUE

• FALSE

This view creates a love of learning and a resilience that is essential for great accomplishment.

(a)  

It is a framework for how a company creates business and delivers value proposition. It is also a company's plan for making a profit.

(a)  

An act to promote the establishment of Barangay Micro Business Enterprises (BMBEs), providing incentives and benefits

• Youth Entrepreneurship Act

• Go Negosyo Act

• Magna Carta for Micro, Small and Medium Enterprises

• Barangay Micro Business Enterprises Act of 2002