Free Printable Entrepreneurship

1.

The act of assuming the risk of organizing productive resources to produce goods and services.

a)

business

b)

critical thinking

c)

entrepreneurship

d)

risk management

2.

What is an entrepreneur?

a)

A person who is in charge of a specific location.

b)

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

c)

A person who organizes and operates a business or businesses.

d)

None of these

3.

Which is NOT a common characteristic of an entrepreneur?

a)

risk-taker

b)

creative

c)

organized

d)

irresponsible

4.

An entrepreneur is someone who works for themselves.

a)

True

b)

False

5.

Most entrepreneurs work long hours, but they create their own schedule.

a)

True

b)

False

6.

Which is not a characteristic of a successful entrepreneur?

a)

Motivated

b)

Takes very little risk

c)

Passionate

d)

Hard-working

7.

Entrepreneurs create ____________________ for themselves and others.

a)

wealth

b)

risk

c)

plans

d)

none of these

8.

Importance of entrepreneurship is create job for others.

a)

True

b)

False

9.

Means of livelihood for the family - business operated and owned by different individuals.

a)

True

b)

False

10.

Importance of entrepreneurship is to generate income for the industry and the community.

a)

True

b)

False

11.

A successful entrepreneur relentlessly works to realize his or her goal.

a)

Persistence

b)

Self- confidence

c)

Desire for responsibility

12.

He or she knows how to motivate people and get their interest in the products he or she sells.

a)

Adequate knowledge

b)

Persuasive ability

c)

Creativity

13.

He is able to instill confidence to others

a)

Self - confidence

b)

Self - control

c)

Hard work

14.

Government Agencies that are involved in overseeing the promotion of the entrepreneurship business EXCEPT .

a)

Board of Investment

b)

Bureau of Animal Industry

c)

Bureau of Export Trade Promotion

d)

Municipal/City government

15.

Which of the following statement is true?

a)

Register with the Department of Labor and Employment for business with more than five employees.

b)

Register with Social security system for the business BIR identification member.

c)

Register the name, location and nature of the business in Department of Labor and Employment

d)

None of the above

16.

This is where you register if your enterprise is a single proprietorship. This agency will issue a certificate of registration of business name.

a)

Department of Trade and Industry (DTI)

b)

Securities and Exchange Commission

c)

Cooperative Development Authority (CDA)

17.

You register with the municipality or city where you will set up your business. This office will issue the business permit.

a)

Cooperative Development Authority (CDA)

b)

Local Government Unit (LGU)

c)

Securities and Exchange Commission

18.

This is the government agency mandated by the law to assess and collect all national internal revenue taxes, fees, and charges.

a)

PhilHealth

b)

Social Security System

c)

Bureau of Internal Revenue

19.

LEPLIHHAHT

a)

BUREAU OF INTERNAL REVENUE

b)

PHILHEALTH

c)

SOCIAL SECURITY SYSTEM

d)

BARANGAY CLEARANCE

20.

LAOSIC TYSIUCRE MSTSEY

a)

PHILHEALTH

b)

LOCAL GOVERNMENT UNIT

c)

COOPERATIVE DEVELOPMENT AUTHORITY

d)

SOCIAL SECURITY SYSTEM

Entrepreneurship

Total questions: 20

Worksheet time: 13mins

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