G12 Entrepreneurship Q4Lesson 1&2

G12 Entrepreneurship Q4Lesson 1&2

12th Grade

10 Qs

quiz-placeholder

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G12 Entrepreneurship Q4Lesson 1&2

G12 Entrepreneurship Q4Lesson 1&2

Assessment

Quiz

Education

12th Grade

Easy

Created by

Roykristian Villadelrey

Used 1+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

True or False:

The business plan is prepared using a scientific approach in determining possible business situations considering the different perspectives of people who are interested in the business.

TRUE

FALSE

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

TRUE or FALSE:

Feasibility study is another document that must be prepared and is of equal importance as the business plan. This serves as the forerunner of the business plan.

TRUE

FALSE

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

TRUE or FALSE:

The business plan is actually the roadmap of the new business. It is the roadmap of the entrepreneur. It is only the business plan that provides a clear direction and light to an uncertain business endeavor.

TRUE

FALSE

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What do you call a detailed and integrated written document that describes the various activities involved in opening and operating a new entrepreneurial venture?

Business Plan

Feasibility Study

Test of Possibility

Test of Feasibility

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

In general, two major tests are conducted every time a new business idea is created. What are these two major tests?

Test of Possibility

Test of Feasibility

Confidentiality Test

Conduct Test

Test of Culture

Test of Society

Test of Demand

Test of Supply

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What do you call the entrepreneurial task that is not as simple as it sounds, delicate, and important task for the entrepreneur because it may exist in the market for many years?

Formulation and drafting of Business Name

Preparation and Distribution of Business Plan

Conducting and Studying Market Demands

Conducting Feasibility Study

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is not a major part of the business plan?

Address of the business

Introduction

Executive Summary

Business Description

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