Grade 6 Entrepreneurship Final Test

What is eCommerce?

• Buying and selling in a store

• Making friends online

• Buying and selling goods or services using the internet

• Creating websites

Which of the following is NOT an example of eCommerce?

• Shopping on Lazada

• Buying from a sari-sari store

• Ordering from Shopee

• Booking online food delivery

What is commerce?

• Making crafts

• Buying and selling of goods and services

• Playing computer games

• Farming rice

One advantage of eCommerce is:

• No electricity needed

• Limited customers

• 24/7 availability

• Requires face-to-face interaction

One disadvantage of eCommerce is:

• Easy to operate

• No internet needed

• Product cannot be seen in person before buying

• Safe from scams

Which of the following is a type of business based on ownership?

• Partnership

• Bartering

• Selling

• Advertising

In a sole proprietorship, the business is owned by:

• Three people

• The government

• One person

• A big company

What type of business is owned by two or more people who share profits and responsibilities?

• Corporation

• Partnership

• Sole proprietorship

• Cooperative

A business formed by a group to help each other succeed is called a:

• Corporation

• Cooperative

• Sole trade

• Partnership

Which type of business is owned by shareholders and has legal rights like a person?

• Corporation

• Cooperative

• Sari-sari store

• eCommerce store