TLE 6 Quarter 1 Review

Juan wants to make a simple product. What is his first step or guide in making simple product?

• Advertise your product

• Create the product.

• Decide what materials to use.

• Design your product.

This refers to the part of the price that covers the product. What do you call the amount paid for the merchandise?

• Capital or Cost of product

• Gross Sales

• Labor cost

• Net Profit

Maria wanted to put up a business in their small community. Which is the BEST way to start her plan?

• Conduct a survey to identify potential customers.

• Identify neighbors that are rich and luxurious.

•      Make a teaser or an advertisement.

• .      Put up a business that can compete to his neighbor’s business.

Ryan gained P20.00 from his sold simple product amounting to P100.00. How will you compute for the mark-up price?

• Get the 20% of the selling price.

• Get the 20% of the total cost of the product.

• Get the 20% of the total operating expenses.

• Get the 20% of the total cost of product plus total operating expenses.

Angel collected plastic bottles for her TLE project. What simple product will she make out of recyclable materials she collected?

• Bag

• Book Organizer

• Door mat

• Pencil Holder

What is an entrepreneur?

• A person who is in charge of a specific location.

• A person who works for someone else in order to learn skills.

• A person who organizes and operates a business or businesses.

• A person who sells the product for business

Which is NOT a common characteristic of an entrepreneur?

• Creative

• Irresponsible

• Organized

• Rish-taker

Which statement is true about an entrepreneur?

• An entrepreneur is someone who works for others.

• An entrepreneur is someone who works for themselves.

• An entrepreneur is someone who generally sticks to the processes already in use.

• An entrepreneur is someone who does not take different ideas to change the way of doing business.

Which of the following type of question creates a grid from which people can select one or more answer per row?

• Checkbox Grid

• Dropdown

• Linear Scale

• Multiple Choice Grid

Which of the following is NOT an option in sharing your online survey form?

• Sending through email.

• Sharing on Facebook and Twitter.

• Sharing using printed materials.

• Using a direct link.