Entrep Mind - pretest

What is the most popular non-store trading?

• manufacturing

• trading

• direct selling

• services

It is what you see in a completed product?

• direct labor

• raw materials

• factory overhead

• none of the above

It is larger than supermarkets and department stores have emerged

• specialty stores

• convenience stores

• sari sari stores

• superstores

It is the selling of goods and services directly to the final consumers which can be an individual person or business unit.

• retailing

• service business

• trading

• direct selling

Which one is not a classification of a store trading?

• amount of service

• product line

• retail prices

• None of the above

Selling is a primary factor that moves the economy.

• YES

• NO

• MAYBE

• I DONT KNOW

When an entrepreneur decides to go into business, he has to consider several factors, which one is NOT?

• capital

• labor costs and supply

• technology

• relatives

It is a process of converting raw materials into finished products.

• direct selling

• service business

• manufacturing

• trading

It refers to human efforts used in the factory which cannot be identified as pertaining to a particular product.

• indirect labor

• indirect materials

• direct labor

• indirect expenses

Which one is NOT TRUE about Creativity in an individual?

• Creativity is developed by being observant

• Creativity innate during birth

• Creativity is developed because pf external conditions

• Creativity is developed by imagination