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GROUP 4 ASSESSMENT

Total questions: 20

Worksheet time: 10mins

Name
Class
Date
1.

Program aims to contribute to inclusive growth and poverty reduction. It will support the performance of the country’s economic sectors and ensure equitable access to infrastructure services, especially as these affect the people’s health, education, and housing.

a)

Economic Development

b)

Infrastructure Development

c)

Development In The Philippines

2.

The most difficult are decreasing poverty rates, access to quality education, and a good healthcare system for all its citizens.

a)

Economic Development

b)

Infrastructure Development

c)

Development In The Philippines

3.

Programs, policies or activities that seek to improve the economic well-being and quality of life for a community.

a)

Economic Development

b)

Infrastructure Development

c)

Development In The Philippines

4.

The most difficult are decreasing poverty rates, access to quality education, and a good healthcare system for all its citizens.

a)

Economic Development

b)

Infrastructure Development

c)

Development In The Philippines

5.

Keeping businesses and getting new ones is example of __?

a)

Economic Development

b)

Infrastructure Development

c)

Development In The Philippines

6.

SME stands for?

a)

Small and Medium Enterprise

b)

Single and Married Enterprise

c)

Small and Middle Enterprise

7.

Less likely to be able to obtain bank loans than large firms.

a)

SMCs

b)

SMEs

c)

MMEs

8.

Play a major role in most economies, particularly in developing countries.

a)

MMEs

b)

SMCs

c)

SMEs

9.

It is the second most cited obstacle facing SMEs to grow their businesses in emerging markets and developing countries.

a)

access to finance

b)

expenses

c)

competition

10.

How the World Bank helps SMEs' owner?

a)

by combining advisory and lending services

b)

by micro financing

c)

by offering business training

11.

Microfinance allows people to provide for their families.

a)

TRUE

b)

FALSE

12.

By extending microfinance opportunities, people have access to small amounts of credit, which not help to stop poverty at a rapid pace.

a)

TRUE

b)

FALSE

13.

Small amount could be enough for an entrepreneur in a developing country to pull themselves out of poverty.

a)

TRUE

b)

FALSE

14.

Most of the microfinance companies seek collateral for providing financial credit.

a)

TRUE

b)

FALSE

15.

Microfinance companies are not only limited to providing emergency credit but also capable of disbursing housing loans, business loans, and working capital loans with minimum formalities and processing.

a)

TRUE

b)

FALSE

16.

Business Manager is an individual who creates a new business, bearing most of the risks and enjoying most of the rewards.

a)

TRUE

b)

FALSE

17.

It is important to have Entrepreneurship Program because it provide training for students, faculty, researchers and business leaders to drive positive, disruptive change to society by building scalable enterprises.

a)

TRUE

b)

FALSE

18.

The Bachelor of Science in Entrepreneurship Program prepares students to start and manage their own business.

a)

TRUE

b)

FALSE

19.

Managers are responsible for managing the company’s finances, analyzing financial data, organizing corporate investment activities, and advising senior management on financial matters.

a)

TRUE

b)

FALSE

20.

If you imagine yourself supervising a firm’s operations, mediating with investors, promoting strategic corporate growth, and being responsible for overall business success, then sales is the job for you.

a)

TRUE

b)

FALSE