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Final Examination in Entrepreneurship 12

Authored by Donabel Sator

Business

12th Grade

Used 2+ times

Final Examination in Entrepreneurship 12
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31 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which government office is responsible for issuing a business permit?

DTI

SEC

Mayor's Office

BIR

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

To secure Tax Identification Number (TIN), which office will you go?

SEC

BIR

DTI

Mayor's Office

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which office do you visit to register partnership or corporation business?

SEC

BIR

DTI

Mayor's Office

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is it important for an entrepreneur to have a business plan?

To impress investors with a long document

To have a clear roadmap for business operations

To avoid paying taxes

To ensure quick profits within a week

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does consulting a professional help in business implementation?

They provide guidance on legal, financial, and operational matters

They can predict the exact profit of the business

They manage the business for the owner

They guarantee success without effort

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A new business owner wants to open a small café. What should they do first?

Start selling coffee immediately

Hire employees before deciding on a business plan

Register the business with DTI or SEC

Create a website before securing legal permits

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following best describes the role of marketing in business implementation?

It focuses only on selling expensive products

It ensures product awareness and customer engagement

It eliminates the need for customer service

It replaces the need for financial planning

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