
1ST Quarterly Examination HELE5
Authored by Mae Anne Diana
Life Skills
5th Grade
Used 2+ times

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28 questions
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1.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
He is a person who can identify business opportunities and start business.
needs
wants
entrepreneur
concepts
2.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
These refers to the things which are not really needed by people but make life a little better.
services
wants
innovation
offer
3.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
These refers to the things that are required for people to live.
wants
need
products
services
4.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
It is the ability to work in different areas of the business they are starting up.
flexibility
creative thinking
innovation
process
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
This is a system of trading goods and services between two parties without using money in the transaction.
barter system
working system
value system
job system
6.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
People create businesses because they see what their community needs or wants, these can be either _______.
products and services
brief of history
barter system
medium of exchange
7.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
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