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HELE 6 1st Unit Test 2021

Total questions: 40

Worksheet time: 23mins

Name
Class
Date
1.

It pertains to the quality of the entrepreneurs that need to visualize the future of one’s business to keep it in the world of business.

a)

Business-minded

b)

Good seller

c)

Practicality vs. Impossibilitly

d)

Win-win Process

2.

They are the one who create a product and services out of their passion because they are more focused on life rewards.

a)

The founders entrepreneur

b)

The Lifestyle entrepreneur

c)

The passionate entrepreneur

d)

The social entrepreneur

3.

A person who innovates, organizes, and manages any enterprise is called…………..

a)

Philanthropist

b)

Seller

c)

Buyer

d)

Entrepreneur

4.

A money, property or resources by an individual for business is called ………

a)

Profit

b)

Capital

c)

Expenditures

d)

Cash

5.

It is a quality of a good seller that always finds the work as an exciting and meaningful experience.

a)

Business-minded

b)

Solopreneurs

c)

The Strategies

d)

The passion is real

6.

He is known as the co-founding facebook and serves as its chairman, chief Executive officer and controlling shareholders.

a)

Steve Jobs

b)

Elon Musk

c)

Mark Elliot Zuckerberg

d)

Eduardo Saverin

7.

An entrepreneurial author, and poet that inspires many people in terms of Business.

a)

Chrisine Miller

b)

Elon Musk

c)

Michelle Asence-Fontelera

d)

Sara Blakely

8.

An item that needs only a small amount of investments compared to other Products.

a)

Appliances

b)

Clothes

c)

Antiques

d)

Books

9.

It is the most important criteria in selecting products and services.

a)

Specifications

b)

Quality

c)

Read the product labels

d)

Observe

10.

They are the institutions who offer financial services and give loans to their

Members.

a)

Microfinance

b)

Bangko Kabayan

c)

Ahon sa hirap Inc.,

d)

Alalay sa kaunlaran Inc.,

11.

In this qualities, it is important to develop products and services that satisfy both customers and entrepreneurs.

a)

Business-minded

b)

Good seller

c)

Practically vs. Impossibly

d)

Win-win Process

12.

He is the founder of Apple, Next, and Pixar.

a)

Steve Jobs

b)

Elon Musk

c)

Mark Elliot Zuckerberg

d)

Eduardo Saverin

13.

They are aware of their rights as buyers and knowledgeable about the different government and nongovernment organizations to help them when they encounter problems in product and services.

a)

Mindful readers

b)

Keen observers

c)

Well-informed buyers

d)

Strategic buyers

14.

These kinds of items can be sold in garage, auctions, and estate sales.

a)

Appliances

b)

Antiques

c)

Books

d)

Jewelry Items

15.

The products and services must pass these standard basis to ensure customers trust in you to buy your product.

a)

Licensing and Permits

b)

Regulatory and Statutory

c)

Business Permit

d)

General Licenses

16.

Sell expensive products in your store

a)

True

b)

False

17.

Sell products on a cash basis so that you maintain your stocks.

a)

True

b)

False

18.

An entrepreneur owns, operates, and takes the risk of a business venture.

a)

True

b)

False

19.

In the market economy, consumers and producers together determine the prices and quantities of goods and services produced.

a)

True

b)

False

20.

In identifying different products or services to sell, a business will have to select product features.

a)

True

b)

False

21.

Quantity is the most important criteria in selecting products and services.

a)

True

b)

False

22.

Successful entrepreneurs are confident and able to make quick decisions when necessary.

a)

True

b)

False

23.

Many entrepreneurs do not have enough money to purchase an existing business.

a)

True

b)

False

24.

Before deciding to buy a product the consumer will try to research first the feedback from the majority of people on the internet.

a)

True

b)

False

25.

Successful entrepreneurs need to set new goals every time a poor decision is made.

a)

True

b)

False

26.

Success doesn’t come from what you do occasionally , It comes from what you do (a)   .

27.

They are labeled as the “ (a)   .” They are focused on alleviating poverty through business innovations and developments.

28.

Being a (a)   person takes a lot of creativity to think of a different concept which is different from the usual and to think of its demand as a whole.

29.

They are labeled as “ (a)   ” who start, run, and develop the business and manage the operation alone.

30.

Sometimes, entrepreneurs do not consider the _______and ________ of the consumers as two different categories since they find opportunities in both of them.

(a)  

31.

Facebook

a)

Lifestyle Entrepreneur

b)

Serial Entrepreneur

c)

Solopreneur

d)

Social Entrepreneur

32.

Educational programs

a)

Lifestyle Entrepreneur

b)

Serial Entrepreneur

c)

Solopreneur

d)

Social Entrepreneur

33.

Elon Musk

a)

Lifestyle Entrepreneur

b)

Serial Entrepreneur

c)

Solopreneur

d)

Social Entrepreneur

34.

Sari-sari Store

a)

Lifestyle Entrepreneur

b)

Serial Entrepreneur

c)

Solopreneur

d)

Social Entrepreneur

35.

Programmer

a)

Lifestyle Entrepreneur

b)

Serial Entrepreneur

c)

Solopreneur

d)

Social Entrepreneur

36.

Banker

a)

Lifestyle Entrepreneur

b)

Serial Entrepreneur

c)

Solopreneur

d)

Social Entrepreneur

37.

Blogger

a)

Lifestyle Entrepreneur

b)

Serial Entrepreneur

c)

Solopreneur

d)

Social Entrepreneur

38.

Ebook Author

a)

Lifestyle Entrepreneur

b)

Serial Entrepreneur

c)

Solopreneur

d)

Social Entrepreneur

39.

John Gokongwei

a)

Lifestyle Entrepreneur

b)

Serial Entrepreneur

c)

Solopreneur

d)

Social Entrepreneur

40.

Henry Sy

a)

Lifestyle Entrepreneur

b)

Serial Entrepreneur

c)

Solopreneur

d)

Social Entrepreneur