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TLE 6-ICT/ ENTREPRENEURSHIP GAME QUIZ 5

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.
1. It is the pursuit of opportunity beyond resources controlled.
a)
A. Entrepreneurship
b)
B. Demands
c)
C. Needs
d)
D. Product
2.
2. He is the person who starts a business and is willing to risk loss.
a)
A. Consumer
b)
B. Entrepreneur
c)
C. Producer
d)
D. Vendor
3.
3. It is the necessity of people such as food, clothing, and shelter
a)
A. Demands
b)
B. Needs
c)
C. Products
d)
D. Wants
4.
4. These are goods or services that people desire or wish to have.
a)
A. Demands
b)
B. Needs
c)
C. Products
d)
D. Wants
5.
5. This is something that is manufactured following a process or grown and nurtured in order to be sold for a profit.
a)
A. Demands
b)
B. Needs
c)
C. Products
d)
D. Wants
6.
6. Which of the following product can be offer in the school and community based on existing needs and demands? 1. Bottled water is one of the most in-demand products in school and community that can provide a solution to a need. 2. Used clothing and furniture commonly known as garage sale business offers old products and sometimes overruns sold at a lower price 3. Street food such as fishballs, siomai, and assorted kakanin can be sold the whole day and are offered at a lower price 4. Beauty products made of organic and natural ingredients
a)
A. 1 and 2 only
b)
B. 1, 2, and 3 only
c)
C. 1, 2, and 4 only
d)
D. all of the above
7.
7. Peanuts are abundantly grown in San Carlos City, Negros Occidental. The following are simple products that can be produced from peanuts. Which one is NOT?
a)
A. Peanut brittle
b)
B. Peanut butter
c)
C. Salted peanuts
d)
D. Soy sauce
8.
8. In selling process, the first thing you must do is to _______________.
a)
A. conduct an opening party
b)
B. invite all people in the community
c)
C. request the services of an advertising agent
d)
D. conduct a survey of prospective and qualified buyers of the product
9.
9. In order to effectively promote your product in the buying process, you should first?
a)
A. conduct an opening party
b)
B. prepare for selling strategies
c)
C. invite all people in the community
d)
D. understand the buying decision process
10.

10. Which word describes the picture?

a)
A. buyer
b)
B. product
c)
C. seller
d)
D. service