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Recap MidTerm Exam

Total questions: 10

Worksheet time: 3mins

Name
Class
Date
1.

It describes how company’s product or service fulfills the needs of customers.

a)

Market Opportunity

b)

Market Strategy

c)

Value Proposition

d)

Revenue Model

2.

It requires coordination among government agencies, private sector, civil society, and development partners.

a)

DOLE

b)

MSMED Plan 2017-2022

c)

Department of Trade and Industry

d)

Philippine Development Plan (PDP) 2017-2022

3.

What act provides the president to approve a six-year micro, small and medium enterprise development plan?

a)

RA No. 6977

b)

RA No. 10644

c)

RA No. 9178

d)

RA No. 7394

4.

This gives training from industry experts and large corporations on different aspects of business operations.

(a)  

5.

Give at least 5 Ms of 7M ways of uplifting MSMEs

(a)  

6.

Monetary Policy promotes financial stability through micro-macro prudential measures.

a)

TRUE

b)

FALSE

7.

In classifying Medium Enterprise, a business must have an asset size from P3,000,001 to P15,000,000.

a)

TRUE

b)

FALSE

8.

This view creates a love of learning and a resilience that is essential for great accomplishment.

(a)  

9.

It is a framework for how a company creates business and delivers value proposition. It is also a company's plan for making a profit.

(a)  

10.

An act to promote the establishment of Barangay Micro Business Enterprises (BMBEs), providing incentives and benefits

a)

Youth Entrepreneurship Act

b)

Go Negosyo Act

c)

Magna Carta for Micro, Small and Medium Enterprises

d)

Barangay Micro Business Enterprises Act of 2002