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Filipino 2 - Midterm Quiz 1

Total questions: 15

Worksheet time: 8mins

Name
Class
Date
1.

The benefit of entrepreneurship where entrepreneur's business become their instruments for self-expression and self-actualization.

a)

opportunity to create your own destiny

b)

opportunity to make a difference

c)

opportunity to reach your full potential

2.

The benefit of entrepreneurship where the owners enjoy the trust and recognition they receive from the customers and the communities they have served faithfully over the years.

a)

opportunity to reap impressive profits

b)

opportunity to contribute to society and be recognized for your efforts

c)

opportunity to do what you enjoy and have fun at it

3.

The benefit of entrepreneurship states that the people who own their own business are more likely to be millionaires than those who are employed by others.

a)

opportunity to reap impressive profits

b)

opportunity to contribute to society and be recognized for your efforts

c)

opportunity to do what you enjoy and have fun at it

4.

The benefit of entrepreneurship that describes social entrepreneurs.

a)

opportunity to create your own destiny

b)

opportunity to make a difference

c)

opportunity to reach your full potential

5.

The benefit of entrepreneurship states that owning a business provides entrepreneurs the independence and the opportunity to achieve what is important to them.

a)

opportunity to create your own destiny

b)

opportunity to make a difference

c)

opportunity to reach your full potential

6.

One of the drawbacks of entrepreneurship where the steady income that comes with working for someone else is absent because the owner is always the last one to be paid.

a)

uncertainty of income

b)

rise of losing your entire investment

c)

lower quality of life until the business gets established

7.

One of the drawbacks of entrepreneurship is that marriages, families, and friendships are too often casualties of small business ownership.

a)

uncertainty of income

b)

risk of losing your entire investment

c)

low quality of life until the business gets established

8.

The drawback of entrepreneurship is that entrepreneurs unnecessarily bear the burden of managing alone because they cannot bring themselves to delegate authority and responsibility to others in the company, even though their employees are capable.

a)

high level of stress

b)

complete responsibility

c)

discouragement

9.

One of the drawbacks of entrepreneurship where entrepreneurs will heading into many different obstacles, some of which appear to insurmountable.

a)

high level of stress

b)

complete responsibility

c)

discouragement

10.

The drawback of entrepreneurship where is that the realization that the decisions they make are the cause of their company's success or failure has a devastating effect on some people.

a)

high level of stress

b)

complete responsibility

c)

discouragement

11.

One of the factors that led to entrepreneurship is the shift to a global economy has opened the door to tremendous business opportunities for entrepreneurs willing to reach across the globe.

a)

independent lifestyle

b)

the internet, cloud computing, and mobile marketing

c)

International opportunities

12.

The factor that led to entrepreneurship is the freedom to choose where they live, what hours they work, and what they do.

a)

independent lifestyle

b)

technology advancement

c)

shidt to service economy

13.

One of the factors that led to entrepreneurship is the help of modern business machines.

a)

technology advancements

b)

shift to a service economy

c)

demographic and economic factors

14.

The factor that led to entrepreneurship is the college and universities discovered that entrepreneurship is an extremely popular course of study.

a)

entrepreneurs a heroes

b)

entrepreneurial education

c)

demographic and economic factors

15.

One of the factors that led to entrepreneurship is the accomplishment of successful entrepreneurs as models to follow.

a)

entrepreneurs as heroes

b)

entrepreneurial education

c)

demographic and economic growth