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WorksheetsENTREP QUIZ
Total questions: 20
Worksheet time: 10mins
Which sector is considered a key driver of the Philippine economy?
Agriculture
Textile industry
Business Process Outsourcing (BPO)
Mining
What is a major source of income for many Filipino families that also significantly contributes to the economy?
Domestic investments
Exports
Remittances from Overseas Filipino Workers (OFWs)
Foreign loans
Which sector has the Philippine government actively promoted to attract more visitors and develop the economy?
Manufacturing
Real estate
Tourism
Energy
Despite economic growth, what remains a persistent issue in the Philippines?
Overpopulation
Income inequality
Lack of natural resources
Labor shortages
What is one of the significant challenges hindering economic growth and development in the Philippines?
Inflation
Corruption
High literacy rates
Excessive taxation
Which government agency is responsible for promoting trade and industry in the Philippines?
Department of Labor and Employment (DOLE)
Department of Tourism (DOT)
Department of Trade and Industry (DTI)
Department of Finance (DOF)
What does the Business Name Registration System (BNRS) under the DTI allow entrepreneurs to do?
Pay taxes
Register business names online
Apply for loans
Register trademarks
Which government agency is responsible for overseeing the securities market in the Philippines?
Bureau of Internal Revenue (BIR)
Securities and Exchange Commission (SEC)
Department of Budget and Management (DBM)
Bangko Sentral ng Pilipinas (BSP)
What is one of the services offered by the DTI to support SMEs?
Tax exemptions
Access to financing
Free office space
Automatic registration
Which government agency is tasked with managing the collection of taxes and ensuring tax compliance in the Philippines?
Department of Finance (DOF)
Board of Investments (BOI)
Bureau of Internal Revenue (BIR)
Department of Justice (DOJ)
Which industry is considered a prime opportunity for entrepreneurs due to the Philippines' picturesque landscapes and rich cultural heritage?
Manufacturing
Agriculture
Tourism
Construction
What is a challenge that many entrepreneurs in the Philippines face, particularly in finance and technology sectors?
Regulatory requirements
Low labor costs
High demand
Excess capital
What is one of the growing trends among Philippine entrepreneurs that focuses on addressing environmental and social issues?
Consumerism
Social entrepreneurship
Traditional retail
Import-export
What factor is driving the growth of e-commerce and digital services in the Philippines?
Large expat community
Young and tech-savvy population
High agricultural output
International aid
Collaboration between startups, industry peers, and government agencies is an example of what entrepreneurial trend?
Isolationism
Mergers and acquisitions
Innovation and collaboration
Vertical integration
Which of the following is a popular tourist destination in the Philippines known for its pristine beaches?
Banaue Rice Terraces
Boracay
Mayon Volcano
Manila Bay
What key factor attracts repeat visitors to the Philippines?
Low prices
Filipino hospitality
Proximity to Europe
High-tech facilities
The National Tourism Development Plan focuses on promoting what kind of tourism?
Mass tourism
Sustainable tourism
Religious tourism
Adventure tourism
What recent trend is shaping the tourism industry in the Philippines, particularly in offering health-focused services?
Wellness tourism
Industrial tourism
Religious tourism
Agricultural tourism
The rise of which social class has fueled a boom in domestic tourism in the Philippines?
Upper class
Middle class
Working class
Elite class
