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WorksheetsTVE.VGD-Module 1 Pre-Test
Total questions: 15
Worksheet time: 5mins
What business term is referred to as an activity of setting up a business or businesses, taking on financial risks in the hope of profit?
a. Competition
b. Entrepreneurship
c. Inflation
d. Supply and Demand
Which of the following term/s refers to the key characteristics that successful entrepreneurs should have in order to be successful?
a. Personal Business - mindedness
b. Personal Entrepreneurial Competencies
c. Personal Needs and Wants Analysis
d. Personal Strength and Abilities
The success of your business depends on how much time and effort you will spend on it. What characteristic of an entrepreneur is being described?
a. Committed
b. Hardworking
c. Persistent
d. Self - confident
Which of the following characteristics is described as having trust in one’s abilities, qualities, and judgment?
a. Committed
b. Hardworking
c. Persistent
d. Self – confident
What characteristics refers to a person who works hard to achieve good results in the tasks that he has been given?
a. Committed
b. Goal – Oriented
c. Risk - taker
d. Self – confident
6. One of the unusual events that may happen in the business is the challenge on demand and production. As an entrepreneur, what characteristics should be a strength?
a. Builds on strengths
b. Copes with failure
c. Copes with uncertainty
d. Demonstrates initiative
7. Assuming the following are possible, which activity will be most appropriate to solve business loss or bankruptcy?
a. Be employed to another company and make your salary additional business income
b. Lend money from a friend to pay the wage of the laborers.
c. Loan sufficient amount from a bank and think of other better ways to generate income
d. Sell some business machines and equipment to accommodate production needs.
Jun-Jun is reliable if he _______________?
a. works hard to achieve his goal.
b. can be trusted and has a strong moral principle.
c. is concerned with or focused on financial gain.
d. can be able to bounce back from failure.
Which of the following ways will more likely strengthen your weaknesses?
a. Acquire specific skills for creating and maintaining a conducive work
environment.
b. Exercise being too passive and being too aggressive.
c. Never display assertiveness style in your workplace.
d. Prioritize your personal gain rather than the business goal.
Mr. Henry See opens up his own retail business. He is aware that his characteristics as a neophyte entrepreneur are insufficient to ensure business success.
What characteristics should he display if tends to work with energy and commitment?
a. Committed
b. Hardworking
c. Patient
d. Versatile
Which of the following characteristics should Mr. See have to help him solve the problem?
a. Being passive
b. Dependent
c. Arrogant
d. Persistent
If he wants to ensure a profitable business operation, what characteristic should he be consistent of?
a. Committed
b. Futuristic
c. Profit – oriented
d. Opportunity seeker
He is receptive to comments and suggestions because he wants to be updated with how his business is going?
a. Persistent
b. Reliable and has integrity
c. Responsive to feedback
d. Self – confident
The goal for most successful business people is to build a secure job and stable income for themselves based on their own ability. How should an entrepreneur be like in this situation?
a. An entrepreneur must be future - oriented.
b. An entrepreneur must be goal - oriented.
c. An entrepreneur should always take risks.
d. An entrepreneur should set his own standards.
Which of the following sayings best describes Coping with Failures?
a. “Time is Gold”
b. “Learn from your Mistakes”
c. “Honesty is the Best Policy”
d. “Cleanliness is next to Godliness”
