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Pre-Test in Entrepreneurship

Total questions: 30

Worksheet time: 15mins

Name
Class
Date
1.

The entrepreneurs who create new ideas are called ______________.

a)

Innovative

b)

Imitating

c)

Fabian

d)

Drone

2.

The entrepreneur who lives on the labor of others is called __________.

a)

Drone

b)

Fabian

c)

Imitating

d)

Innovative

3.

These are entrepreneurs who are to follow the path shown by innovative entrepreneurs.

a)

Innovative

b)

Imitating

c)

Social Entrepreneurs

d)

Fabian

4.

Which of the following does not belong to the group?

a)

Skills management

b)

Risk taking

c)

Conduct research

d)

Make no changes with his product

5.

Entrepreneur means:

a)

Risk taker

b)

To undertake

c)

To research

d)

To improve standard of living

6.

It is a personality factor which means “doing things even before being told.

a)

proactive

b)

perseverance

c)

persuasion

d)

initiative

7.

It is a personality factor which means convincing customers to buy the product.

a)

Proactive

b)

Persuasion

c)

Self-confidence

d)

Risk-taker

8.

Which of the choices is NOT part of the environmental factors?

a)

Political

b)

Weather condition

c)

Climate

d)

Family background of the manager

9.

All except one does NOT belong to the group. Which one is it?

a)

Unfair trade practices

b)

Strikes

c)

Political protest

d)

Product

10.

The entrepreneur who is skeptical about the changes in the company is called

a)

Fabian

b)

Social entrepreneur

c)

Drone

d)

Imitating

11.

Which is NOT a career for an entrepreneur?

a)

Business consultant

b)

Sales

c)

Research and Development

d)

Domestic Helper

12.

They are entrepreneurs who drive social innovation and transformation in various fields.

a)

Drone

b)

Social entrepreneur

c)

Fabian

d)

Imitating

13.

Which of the statements below is true?

a)

Entrepreneurs have limited career opportunities

b)

Entrepreneurs are prone to constant high income.

c)

Entrepreneurs are contributors to the development of the society.

d)

Entrepreneurs are the reasons for the unemployment problem.

14.

Which of the statements is NOT true?

a)

An entrepreneur will patiently wait for his efforts to bear fruit.

b)

The profit of the entrepreneur is immediate

c)

All entrepreneurs are successful.

d)

Entrepreneurs are researcher

15.

Which of the following is NOT true?

a)

Entrepreneurship creates organizations.

b)

Entrepreneurs improve the life of the entrepreneur alone.

c)

Entrepreneurs improves the economy.

d)

None of the choices

16.

It is the process of considering, evaluating, and pursuing market-based activities that are believed to be advantageous for the firm.

a)

Opportunity seeking

b)

Opportunity seizing

c)

Opportunity screening

d)

Sources of opportunity

17.

This is essential to opportunity seeking which allows the entrepreneur to see things in a positive and optimistic light in the midst of crisis or difficult situations.

a)

Entrepreneurial mind frame

b)

Entrepreneurial gut game

c)

Entrepreneurial heart flame

d)

Entrepreneurial heart frame

18.

It is the ability of entrepreneur that can sense without using the five senses, also known as intuition.

a)

Entrepreneurial mind frame

b)

Entrepreneurial gut game

c)

Entrepreneurial heart flame

d)

Entrepreneurial heart frame

19.

One of the essetials of entrepreneur’s opportunity seeking that refers to the driven passion of an individual.

a)

Entrepreneurial mind frame

b)

Entrepreneurial gut game

c)

Entrepreneurial heart flame

d)

Entrepreneurial heart frame

20.

What variable of societal environment includes income level and employment rate?

a)

Economic forces

b)

Sociocultural forces

c)

Political forces

d)

Technological forces

21.

A. Preferences and tastes of the customers easily change.

B. The buyer has the potential for backward integration.

C. The cost of switching the supplier cost is minimal.

D. Product differentiation is highly noticeable.

Which are the factors of the substitute product that pose a great threat in the industry environment?

a)

A, B, C, D

b)

A and C

c)

A and D

d)

B and C

22.

A. Preferences and tastes of the customers easily change.

B. The buyer has the potential for backward integration.

C. The cost of switching the supplier cost is minimal.

D. Product differentiation is highly noticeable.

Which are the factors that influenced the buyer to have a less threats because of the bargaining power?

a)

A only

b)

A and C

c)

A and D

d)

B and C

23.

They are the one that pays cash in exchange to your goods and services.

a)

Buyers

b)

Competitors

c)

Sellers

d)

Suppliers

24.

The intensity of rivalry among existing firms is characterized to the following factors except one:

a)

Diversity of rivals.

b)

Number of competing firms.

c)

Characteristics of the products or services.

d)

The product represents a high percentage of the buyer’s cost.

25.

The following are the forces competing within the industry except one:

a)

Potential new entrants and Substitute Products

b)

Buyers and Suppliers

c)

Rivalry among existing firms

d)

Needs and Wants

26.

Which of the following good sources of entrepreneurial ideas determine the interest, hobbies and preferences of people.

a)

Changes in the environment

b)

Technological discovery

c)

People’s Interest

d)

Past experiences

27.

Societal environment includes the following, except:

a)

Economic forces

b)

Sociocultural forces

c)

Political forces

d)

Natural resources

28.

Which among the following is the result of identifying entrepreneurial opportunities?

a)

Creation of entrepreneurial ideas

b)

Opening of entrepreneurial venture

c)

Sources of opportunity

d)

Entrepreneurial process

29.

What entrepreneurial idea will you recognized, if you consider the new discovery and advancement of technology as source of opportunity?

a)

Changes in the environment

b)

Technological discovery and advancement

c)

Government’s thrust, programs, and policies

d)

People’s interest

30.

Source of entrepreneurial idea where expertise and skills developeb by a person from its previous work can lead to the opening of a related business enterprise.

a)

Government’s thrust, programs, and policies

b)

Past experiences

c)

People’s interests

d)

Technological discovery and advancement