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WorksheetsResponsibilities and Accountabilities of Entrepreneurs
Total questions: 15
Worksheet time: 10mins
Entrepreneurs have responsibilities and accountabilities to the following
sectors, EXCEPT ONE.
Employees
Suppliers and creditors
Government
Competitors
It is important that you ask permission from the rightful owner before you use
their own creation for business to avoid ____________.
Penalties
Imprisonment
Copyright violation
Foreclosure
Which of the following is the responsibilities and accountabilities of entrepreneurs to the government
Payment of Taxes
Right and Truthful Advertising
Provide Best Working Environment
Promote Healthy Competition
Right and Truthful Advertising is one of the responsibilities and accountabilities of an entrepreneur to his _____________
Employees
Suppliers and Creditors
Clients
Government
They are the stakeholders of business who need to receive just compensation and government mandated benefits from business organizations.
A. creditors
B. customers
C. employees
D. suppliers
The following are responsibilities of an entrepreneur to the government EXCEPT for:
A. Compliance of government Rules
B. Payment of taxes
C. Follow Environmental Regulations
D. Provide Fair Return on Investment
What is your analysis of the given statements below?
Statement 1: The Entrepreneur should not provide information about possible future development to the suppliers, in time, so that they mold themselves according to the changing circumstances.
Statement II: Entrepreneur should provide cooperation to the government by proper utilization of available resources in accordance with the government targets.
A. Both Statements are true
B. Only Statement II is true
C. Only Statement 1 is true
D. Both Statements are false
How do business enterprise dispose their wastes?
I. Waste should be placed in a big plastic container and burn.
II. There must be proper segregation of waste materials to prevent pollution.
A. Statement I alone is SUFFICIENT to answer the question
B. Statement II is SUFFICIENT to answer the question.
C. Statement I alone is SUFFICIENT but statement is not sufficient to answer the question
D. Both statement I and II are SUFFICIENT to answer the question.
Which should be done by the entrepreneur to gain customer loyalty?
A. Create advertisement promoted by famous personalities.
B. Give regular promotions such as discounts and freebies.
C. Utilize social media platforms to reach greater audience.
D. Produce high quality products and services at reasonable prices.
The following are responsibilities and accountabilities of entrepreneurs to its
customers EXCEPT__
A. Ensure quality products and services
B. Honesty in advertising and promotion
C. Promote healthy competition
D. Provide free training
SSS, Philheatlh, Pag-Ibig contributions of employees are remitted to the collecting
agencies at any time the entrepreneur chooses.
TRUE
FALSE
Personal protective equipment (PPE), tools and equipment should be provided
by the business to its employees for free.
TRUE
FALSE
Businesses continue to operate even without permits and licenses as long as
they pay just compensation to their employees.
TRUE
FALSE
Shareholders are given fair return of their investments because the business is
honest with the results of its operations.
TRUE
FALSE
Prices of products and services are raised because artificial shortage of supply
is created by the business.
TRUE
FALSE
