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Entrepreneurship_Quiz 1

Total questions: 20

Worksheet time: 7mins

Name
Class
Date
1.

Barangay Tingloy in Batangas has no electricity, Sun company introduce the use of Solar Panel to help the community to cope up with their social problem. What field or expertise does Sun company belong to?

a)

Technopreneur

b)

Extrapreneur

c)

Intrapreneur

d)

Social entrepreneur

2.

It refers to the person who strongly advocates and correctly practices entrepreneurial concepts and principles.

a)

Entrepreneurship

b)

Businessman

c)

Entrepreneur

d)

Enterprise

3.

Grab food hops to different companies to promote innovation, what field of expertise does grab company belongs to?

a)

Technopreneur

b)

Extrapreneur

c)

Social entrepreneur

d)

Intrapreneur

4.

There is a lot of street vendors outside Olivarez College who is not an advocate of entrepreneurship. What type of business venture will you consider the street vendors?

a)

Business

b)

Small Business

c)

Local Business

d)

Ordinary Small Business

5.

What word pertain to the business venture in which the concepts and principles of entrepreneurship are applied?

a)

Entrepreneurship

b)

Business

c)

Entrepreneur

d)

Enterprise

6.

What is the etymological word of entrepreneurship?

a)

Entreprenare

b)

Entreprendre

c)

Entrepremder

d)

Entreprender

7.

Ayala corporation is a large company they are tasked to think, establish and run new big ideas to create more profit what field or expertise does Ayala corporation belongs to?

a)

Technopreneur

b)

Extrapreneur

c)

Social entrepreneur

d)

Intrapreneur

8.

Providing a valuable good and services can make happy and satisfied customers.

a)

True

b)

False

c)

Unsure

d)

no correct answer

9.

Aling Aning has a big sari-sari store. She computed the cost and expenses of her store and she notices that she has an excess income from her store. What term represents the excess income or revenue from the cost and expenses?

a)

Profit

b)

Revenue

c)

Wealth

d)

Capital

10.

Grab food customers use mobile phones, tablets, laptops, and computers to avail the service of grab. What field or expertise does the Grab food company belongs to?

a)

Technopreneur

b)

Extrapreneur

c)

Social entrepreneur

d)

Intrapreneur

11.

Unfailing dedication to the enterprises and the acceptance with full responsibility for everything it involves, including problems

a)

Persistence

b)

Commitment

c)

Risk Taking

d)

Opportunity Seeking

12.

Involves being able to take all the necessary actions in order to accomplish a goal, despite obstacles or difficulties along the way.

a)

Persistence

b)

Commitment

c)

Risk Taking

d)

Opportunity Seeking

13.

This involves formulating long-term and short-term goals, as well as clear, measurable, time bounded, and realistic objectives.

a)

Goal Seeking

b)

Information Seeking

c)

Risk Taking

d)

Opportunity Seeking

14.

It involves seeking out experts and consultants to give technical and management advice.

a)

Goal Seeking

b)

Information Seeking

c)

Risk Taking

d)

Opportunity Seeking

15.

They realize that specific decisions in certain areas can affect other areas, as well as the business as a whole.

a)

Eye for detail

b)

Seeing the Big Picture

c)

Risk Taking

d)

Opportunity Seeking

16.

Knowing the importance of the little things can determine quality of a product or service, commitment in a personal or business relationship, and other matters.

a)

Eye for detail

b)

Seeing the Big Picture

c)

Risk Taking

d)

Opportunity Seeking

17.

Entrepreneurs are challenged by the idea of doing things in a way that’s never been done before, or of tweaking old products to bring out something new or novel.

a)

Creativity

b)

Flexibility

c)

Confidence

d)

Determination

18.

Entrepreneurs try to assess the business scenario, problems, and then address these with a calm and confident demeanor.

a)

Creativity

b)

Flexibility

c)

Confidence

d)

Determination

19.

An entrepreneur identifies and sets goals for himself and his business, and works with purposeful action, towards achieving them.

a)

Creativity

b)

Flexibility

c)

Confidence

d)

Self-Determination

20.

This trait refers to the eagerness to be involved in commercial activities, i.e. to think of a great good and service to sell, to produce, and to sell and market it, in order to gain a fair share of profit from it.

a)

Passion for Business

b)

Self-Determination

c)

Flexibility

d)

Confidence