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START-UP ICSM SHS ICONTRPRENEURS

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

What do you think is the closest word to "innovation"?

a)

Current

b)

Improvement

c)

Ingenious

d)

Renovation

2.

What is the most essential factor for entrepreneurs in choosing their supplier?

a)

Proximity

b)

Cost-reduction

c)

Loyalty

d)

Brand Name

3.

the process of engaging existing customers to continue buying products or services from your business.

a)

Customer-Retention

b)

Customer-Satisfaction

c)

Customer-Relations

d)

Customer-Loyalty

4.

A hybrid of old and new marketing tools. It takes the idea of celebrity endorsement and places it into a modern-day content-driven marketing campaign.

a)

Social Media Marketing

b)

Influencer-Marketing

c)

Outbound Marketing

d)

Public Relations Marketing

5.

A framework or tool used by marketers to analyze and monitor the macro-environmental (external marketing environment) factors that have an impact on an organization, company, or industry.

a)

SWOT Analysis

b)

Porter's Five Forces Analysis

c)

PESTEL Analysis

d)

Competitors Analysis

6.

A planning process that helps your company overcome challenges and determine what new leads to pursue.

a)

PESTEL Analysis

b)

SWOT Analysis

c)

Porter's Five Forces Analysis

d)

Competitors Analysis

7.

The first financial statement typically prepared during the accounting cycle.

a)

Statement of Financial Position

b)

Income Statement

c)

Statement of Changes in Equity

d)

Statement of CashFlows

8.

A detailed account that records all the financial transactions of a business, to be used for the future reconciling of accounts and the transfer of information to other official accounting records.

a)

journal

b)

financial statements

c)

General Ledger

d)

Bookkeeper's Account

9.

Who said this quote, “Innovation distinguishes between a leader and a follower.”

a)

Bill Gates

b)

Steve Jobs

c)

Mahatma Gandhi

d)

Mark Villar

10.

Bonus question: Based on the forbes list, who is the richest entrepreneur in the Philippines as of 2022?

a)

Manny Villar

b)

Henry Sy Jr.

c)

Enrique Razon Jr.

d)

Ramon Ang