ENTREPRENEURSHIP FINAL EXAM S.Y 2025-2026

Direction: Read and analyze each statement and encircle the letter of your answer. What do the 4Ms of operations primarily refer to in business?

• Tools used for advertising

• Basic parts of a business plan

• Factors affecting marketing mix

• Essential resources in production

Direction: Read and analyze each statement and encircle the letter of your answer. In a bakeshop business, which 4M includes flour, sugar, and eggs?

• Machine

• Manpower

• Materials

• Method

Direction: Read and analyze each statement and encircle the letter of your answer. Which operation focuses on workers’ skills, performance, and motivation?

• Machine

• Manpower

• Materials

• Method

Direction: Read and analyze each statement and encircle the letter of your answer. What does the “Machine” component in the Ms mainly refer to?

• Workers’ skills

• Business strategies

• Packaging materials

• Production equipment

Direction: Read and analyze each statement and encircle the letter of your answer. What does “Method” in the 4Ms emphasize in operations?

• Financial control

• Marketing strategy

• Steps in production

• Raw material quality

Direction: Read and analyze each statement and encircle the letter of your answer. Which operation is being applied when a business develops its production plan and process flow?

• Machine

• Manpower

• Materials

• Method

Direction: Read and analyze each statement and encircle the letter of your answer. How does the “Materials” component of the 4Ms affect business operations?

• It reduces marketing costs.

• It increases machine efficiency.

• It improves employee performance.

• It determines product quality and cost.

Direction: Read and analyze each statement and encircle the letter of your answer. What operation is improved when a company trains workers before production?

• Machine

• Manpower

• Materials

• Method

Direction: Read and analyze each statement and encircle the letter of your answer. Which operation is strengthened when a company selects reliable suppliers?

• Machine

• Manpower

• Materials

• Method

Direction: Read and analyze each statement and encircle the letter of your answer. What factor is mainly used in forecasting the revenue of a business?

• Customer feedback

• Expected sales and pricing

• Supplier credit terms

• Tax policies