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HELE-4/ 1ST QUIZ

Total questions: 23

Worksheet time: 13mins

Name
Class
Date
1.

Entrepreneurship is the process of designing the (a)   .

2.

In the early days, "Entrepreneurship is the journey of __________ exploration and risk management to create_______

(a)  

3.

Entrepreneurship starts with an ________ on how an individual, family or community provides needs through the abundance __________ in the surrounding.

(a)  

4.

The entrepreneur needs others to help him operate his business.

a)

Self employment

b)

Generate income for the industry and the community

c)

Create jobs for others

5.

Business operated and owned by families, become the resource of their livelihood.

a)

Self-employment

b)

Means of livelihood for the fsmily

c)

Establishment of industries

6.

A person earning income from his own business or profession rather than by working for someone else.

a)

Self-employment

b)

Create jobs for others

c)

Means of livelihood for the family

7.

Successful entrepreneurs need to be motivated.

a)

TRUE

b)

FALSE

8.

Business owners really needs to be able look and think outside the box to find better ways of owning the business.

a)

TRUE

b)

FALSE

9.

Successful entrepreneurs are really flexible and are able to quickly adapt to change.

a)

TRUE

b)

FALSE

10.

Collaboration is need to be able to work with their employers and employes.

a)

TRUE

b)

FALSE

11.

These are some of the qualities which describe a successful entrepreneur accept one.

a)

Confidence

b)

Willingness to take risks

c)

quitter

d)

Disciplined

12.

4. An entrepreneur could and should never be discouraged with obstacles and challenges

a)

Commitment to work

b)

Goal setting

c)

Persuasion and networking

d)

Persistence

13.

1. If you want to register you business with more than 5 employees what Government agency you should register it?

a)

a. DOLE

b)

b. Security Exchange Commission

c)

c. SSS

14.

2. fOR HE IDENTIFICATION OF A BUSINESS YOU MUST REGISTER IT IN_________.

a)

a. SSS

b)

b. BIR

c)

C. pAG-iBIG

15.

3. It is the Government Agency where we register the business employee.

a)

a. SSS

b)

B. pHIL hEALTH

c)

c. All of are right

16.

5. Who must be the one that should comply to the rules and regulations of the Government.

a)

a. citizen

b)

b. students who plan to have a part time job.

c)

c. entrepreneur who plans to enter into business.

17.

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)

18.

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

19.

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

20.

LEPLIHHAHT

a)

BUREAU OF INTERNAL REVENUE

b)

PHILHEALTH

c)

SOCIAL SECURITY SYSTEM

d)

BARANGAY CLEARANCE

21.

LAOSIC TYSIUCRE MSTSEY

a)

PHILHEALTH

b)

LOCAL GOVERNMENT UNIT

c)

COOPERATIVE DEVELOPMENT AUTHORITY

d)

SOCIAL SECURITY SYSTEM

22.

ARUUEB OF EINRNATL EENUREV

a)

LOCAL GOVERNMENT UNIT

b)

DEPARTMENT OF TRADE AND INDUSTRY

c)

BUREAU OF INTERNAL REVENUE

d)

HOME DEVELOPMENT MUTUAL FUND

23.

COLAL RNNMEGOETV TUIN

a)

DEPARTMENT OF TRADE AND INDUSTRY

b)

LOCAL GOVERNMENT UNIT

c)

DEPARTMENT OF LABOR AND EMPLOYMENT

d)

SECURITIES AND EXCHANGE COMMISSION