Entrepreneurship

1. It is a comprehensive paper that details marketing, operational, human resource,financial, strategic direction, and tactics of the business.

• Business plan

• Financial plan

• Marketing plan

• Operations plan

Which of the following has the correct sequence of entrepreneurial process?

• a. Determining a capital needed-running the business-developing a business plan- opportunity spotting and assessment

• b. Opportunity spotting and assessment-developing a business plan determining a capital needed-running the business

• c. Running the business- determining a capital needed- opportunity spotting and assessment - developing a business plan

• d. Developing a business plan- opportunity spotting and assessmentdetermining a capital needed-running the business

Amihan takes note of interesting trends in her environment to get ideas in her future business. What entrepreneurial process does the scenario portray?

• a. Determining a capital needed

• b. Developing a business plan

• c. Opportunity spotting and assessment

• d. Running the business

It is the part of entrepreneurial process where entrepreneur should have a controland monitoring system to serve as a check and balance of the formulated plans.

• a. Determining a capital needed

• b. Developing a business plan

• c. Opportunity spotting and assessment

• d. Running the business

It is the proactive process of developing a business venture to make a profit.

• a. Accounting

• b. Entrepreneurs

• c.Entrepreneurship

• d. Marketing

Darang Rosing observes that there is a University located at the city that has only 1 canteen to cater the students. What do you think is the market need based on the scenario?

• a. Computer shop for the projects of the students.

• b. Laundry shops for the students who are very busy.

• c. Other canteen to supply the needs of the students.

• d. Apartment for the students who came from other provinces.

Tonio has a business that specializes kakanin and sells it to their neighborhood and to his friends. Who is the entrepreneur?

• a. Friends

• b. Kakanin

• c. Neighborhood

• d. Tonio

During summer vacation, Pedro wants to have income. He noticed that people have difficulty to beat the heat. What should Pedro offer to the market?

• a. Cakes

• b. Chocolates

• c. Ice Candy

• d. Lomi

Aling Nene lives near the school and she observes that students have a hard time on making projects because they do not have computers or laptops with internet connection. What does the market need?

• a. Barber shop

• b. Bakeshop

• c. Computer shop

• d. Online shop

During COVID-19, Mario is a no work no pay employee but he is equipped withcomputer skills. He wants to have an extra income. What do you think is the marketneed of Mario considering the situation?

• a. Selling fruits.

• b. An online shop to buy essentials or the term pasaBuy.

• c. Alcohol to disinfect their hands and face mask for protection.

• d. A bicycle shop to help the front liners for their transportation.