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Quiz No. 1 (TEM) 1st Sem AY 2025-2026

Total questions: 15

Worksheet time: 5mins

Name
Class
Date
1.

Ana observes that her town lacks affordable eco-friendly packaging. She analyzes the situation and identifies an opportunity to introduce biodegradable packaging. Which entrepreneurial role is Ana demonstrating?

a)

   Psychologist’s view of an entrepreneur

b)

   Economist’s view of an entrepreneur

c)

   Businessman’s view of an entrepreneur

d)

Sociologist’s view of an entrepreneur

2.

Mark notices that small enterprises in his city provide more jobs for fresh graduates than large corporations. From the perspective of entrepreneurship’s importance, this reflects:

a)

   Innovation

b)

   Community development

c)

   Creation of job opportunities

d)

   Research and development

3.

A start-up integrates migrants and minority groups as employees in its workforce. Analyzing this situation, what contribution of entrepreneurship is highlighted?

a)

Enhancing standard of living

b)

Political and economic integration of outsiders

c)

Spawning entrepreneurship

d)

Promoting research and development

4.

If a business thrives on making existing resources more valuable by combining them effectively, this reflects the economist’s definition of:

a)

Business leadership

b)

Entrepreneurship

c)

Marketing

d)

Innovation

5.

In a community where entrepreneurship flourishes, you see better sanitation, higher home ownership, and improved recreation services. What aspect of entrepreneurship is being analyzed here?

a)

Enhances standard of living

b)

Growth of entrepreneurship

c)

Impact on community development

d)

Promotes research and development

6.

Sarah faces a major supply chain problem but chooses to see it as an opportunity to innovate a new local source of raw materials. Which entrepreneurial characteristic is she applying?

a)

Heart flame

b)

Mind frame

c)

Gut game

d)

Business mind

7.

A student group designs a new app for online learning. One member handles design, another focuses on coding, while another plans marketing strategies. What concept is applied here?

a)

Entrepreneurial gut game

b)

Entrepreneurial heart flame

c)

Entrepreneurial mind

d)

Entrepreneurial integration

8.

A farmer applies innovative irrigation techniques to increase yield while also creating jobs for neighbors. Which dual impact of entrepreneurship is being applied?

a)

Job creation and standard of living improvement

b)

Research and integration

c)

Innovation and political integration

d)

Gut game and technical mind

9.

A start-up invests in research to improve eco-friendly paint. Applying entrepreneurship’s importance, this action supports:

a)

Spawning entrepreneurship

b)

Enhancing community development

c)

Promoting research and development

d)

Creation of jobs

10.

A bakery owner applies emotional intelligence to maintain strong relationships with employees, even during financial struggles. Which entrepreneurial element is she practicing?

a)

Entrepreneurial mind frame

b)

Entrepreneurial gut game

c)

Entrepreneurial heart flame

d)

Technical mind

11.

A tech company debates whether to prioritize innovation or job creation. If you were the entrepreneur, which would you prioritize to ensure long-term societal benefit, and why?

a)

Job creation, because employment is the foundation of economic stability

b)

Innovation, because it ensures continuous progress and competitiveness

c)

Job creation, because it ensures political integration

d)

Innovation, because it is less risky

12.

A new venture must choose between hiring only skilled workers or giving opportunities to unskilled workers for training. Evaluating entrepreneurship’s role, what is the better choice?

a)

Skilled workers, because efficiency matters most

b)

Unskilled workers, because entrepreneurship creates entry-level jobs

c)

Neither, since job creation is not an entrepreneurial concern

d)

Skilled workers, because innovation requires expertise

13.

An entrepreneur has strong intuition but lacks technical knowledge. Evaluate the best course of action:

a)

Rely on intuition because entrepreneurs need gut game

b)

Partner with someone with technical expertise

c)

Technical mind is an essential and should not be avoided

  

d)

Hire marketing specialists to help solve the problem

14.

You are creating a business plan to develop a solar-powered appliance. Which three “minds” must you integrate to ensure success?

a)

Creative, Technical, Business minds

b)

Mind frame, Heart flame, Gut game

c)

Emotional, Rational, Physical minds

d)

Innovation, Job creation, Research

15.

Suppose you are creating a pitch for investors where you highlight your optimism during crises, your passion for your mission, and your intuitive decisions. Which combination of entrepreneurial qualities are you showcasing?

a)

Heart flame, Technical mind, Business mind

b)

Mind frame, Heart flame, Gut game

c)

Innovation, Creativity, Business integration

d)

Research, Development, Market creation