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WorksheetsLS 4 2018 reviewer
Total questions: 50
Worksheet time: 25mins
One of the most difficult and important decisions that you will make in your life is to choose ________.
the career you will pursue
the clothes you will wear on your first day in the job
the vacation spot you will visit
the purchase you will make on your first pay-day
Before you make a good decision about your career choices, you need to ________.
consult your parents
consult your closest friend
consult your teacher
assess yourself/your goals
The following are some of the responsibilities of employers except _______.
giving their employees a safe workplace
giving their employees their salary and benefits
asking their sick employees to report to finish their work
giving their employees a prior written notice if their contract is about to end
It refers to a job that someone does for a long period in his or her life.
Task
Career
Duty
Skills
Lifelong is the practice of continuing to learn throughout one’s entire life.
Training
Learning
Journey
Skills
It is a plan that includes specific steps that you will have to take in order for you to make progress in achieving your goal.
action plan report
career action plan
career plan
goal plan
A/An is an individual who creates a business, bears most of the risks, and enjoys most of the rewards.
Businessman
Entrepreneur
General Manager
Employee
A talent or an ability that comes from training or practice is called ____________.
Strength
Skill
Personality
Talent
________ refers to a person's ability to handle more than one task at the same time.
Hard-working
Persevering
Multitasking
Skills
Managing your own business is both ____________.
a talent and a responsibility
a blessing and a curse
an advantage and a disadvantage
a cause and an effect
For item number 11-13: Identify what skill or quality of an entrepreneur is shown in each of the following statements. “Thinking of selling something and earning a profit are not enough. You have customers that you need to impress so that they will always come back to you. This is why you need to be creative. You must also think of ways on how to keep your business running and how to keep your customers coming back.”
knowing how to calculate risks
identifying and seizing opportunities
having determination and perseverance
being disciplined
For item number 11-13: Identify what skill or quality of an entrepreneur is shown in each of the following statements. “Being your own boss means you will have to grow your business on your own. Thus, for it to reach its full potential, you should know what you could use to your advantage. You must also know how to connect to people who may help you improve your business.”
identifying and seizing opportunities
being disciplined
being creative and visionary
having determination and perseverance
For item number 11-13: Identify what skill or quality of an entrepreneur is shown in each of the following statements. “Bad days shouldn’t get in your as they are part of your journey. Instead, you should keep your eye on your goal if you really want your business to succeed. No matter how difficult things may get, you should be strong enough to reach your goal.”
identifying and seizing opportunities
being disciplined
being creative and visionary
having determination and perseverance
As an entrepreneur, if you will not stop enhancing your personal entrepreneurial competencies, you will likely ____________.
fail
succeed
go bankrupt
be hated
In order to keep the business running, an entrepreneur should be ___________.
all knowing
passionate
close-minded
pessimistic
Work ______ is an attitude of determination and dedication toward one’s job.
Behaviour
Ethic
Contact
Welfare
A/An ________ is a location where someone works for his or her employer.
Environment
Setting
Workplace
Ethnic
________ refers to a person’s mental or physical condition.
Welfare
Health
Status
State
The ability to use one’s time effectively or productively is called ______ management.
Ethnic
Schedule
Program
Time
What do you do if you are putting most essential activities high on your to do list?
Being energetic
Time availability
Being accommodating
Setting priorities
Which of the following situations show punctuality?
You arrived 15 minutes early in a client’s meeting.
You submitted the needed report when it is asked from you.
You reported to work on time.
None of the above
Your sales performance last month was down, and you accept that you made a mistake, what value do you demonstrate?
resourcefulness
bravery
weakness
accountability
What do you value if you always finished scheduled task for the day?
time is gold
efficiency
professionalism
obligation
______ refers to the ability to accomplish a job with a minimum use of time and effort.
Effectiveness
Proficiency
Efficiency
Business
_____ refers to methods, systems, and devices which are the result of scientific knowledge being used for practical purposes.
Technology
Equipment
Machine
Market
_____ is an organization that sells goods or services for a profit.
Occupation
Business
Market
Seller
How would you know if your business is succeeding?
It has more inventories.
It is in a good location.
You have more suppliers.
You have an increased profit.
Why is it important to know your business’ strengths and weaknesses?
to have more suppliers
to have a loan from the bank
to continuously improve
to fulfill the mayor's requirement
What question should you ask yourself if you want to start a business?
What are the people’s needs?
How much capital do I need?
Where will I put my business?
How much product will I sell?
What do you call someone who sells foods or services for a profit?
investor
politician
self-employed
entrepreneur
What do you need to have to manage your business even if you are not in your store physically?
CCTV
record book
system
cashier
The physical objects that satisfy the needs and wants of the people are called ______.
Goods
Services
Resources
Consumer
______ are the actions or activities that one person performs for another person.
Goods
Services
Resources
Consumer
______ is a place where two parties can gather to facilitate the exchange of products.
Industry
Market
Community
Exchange
Which of the following accurately describes a market system?
The market system process can happen through the internet where the buyer looks for products being sold at a convenient price.
A market system may involve successful interaction between two entities where one provides a product in exchange of money or another medium of exchange.
Either A or B
Neither A nor B
Market system involves completion of transaction between two players. Some markets are specific only to particular products which sell items to certain types of buyers.
The first statement is true. The second statement is false.
The first statement is false. The second statement is true.
Both statements are true.
Both statements are false.
You went to the market to buy fruits for your family. Instead of buying various fruits, you only bought a dozen of apples because you found out that these are sold at an unusually low price. This is an example of:
Situational Factor
Personal Factor
Psychological Factor
Social Factor
The act or process of using up something is called ________.
Production
Distribution
Consumption
Needs
________ is a long-term shift in global or regional climate patterns.
Climate change
Charter change
Global change
Environment
________ are things that are important to human beings for survival.
Needs
Wants
Desires
Distribution
Dante desires to minimize his resource use at home and lessen his waste. He has accumulated sacks of plastic bottles due to his good appetite for beverages. What do you think Dante can do to maximize the use of those wastes?
Avoid storing plastic bottles.
Bury the bottles at the backyard.
Sell or donate the plastic bottles.
Throw them away.
Your mother is not feeling well; you are asked to buy foods for your dinner. This is the first time that you will do this, your mother gave you money and the list of items that you will buy, what is the very first thing that you need to do?
Wear your favorite dress.
Go with your friends.
Go to the nearest store located in your place.
Consider which stores sells the items that you need to buy.
Teacher Catherine has a new pair of shoes. She bought it online. Before she adds it to her cart she browses first the details and specifications of this product, she also reviews the comments of other people who have already purchased the same item. What kind of consumer teacher Catherine is?
sensitive
meticulous
has high standards
making informed choices
Sustainable living is a way of life that focuses on reducing the harmful effects of our consumption and lifestyle in the environment. There are varied ways to reduce the harmful effects of our consumption. To follow this way, how do you call something that is done by finding new purposes for old items that you already have?
recycling
reusing
redoing
refusing
______ are paid announcements in newspapers, magazines, radio, television, or on the Internet.
Public Notices
Advertisements
Promotions
Investment
The ability to make smart decisions with money refers to ________ literacy.
Arithmetic
Financial
Economic
Wealth
________ is an item acquired with the goal of generating income.
Investment
Wealth
Property
Security
Which statement about advertisement is INCORRECT?
Advertisement aims to catch the attention of the people to buy the products.
Advertisement aims to create connection with customers to buy the products.
Advertisement aims to help different social media station to be popular as well as the artist.
Advertisements aims to promote their products to purchase the goods and services.
Businesses vary in the focus of their target clientele. Some businesses offer products and others offer services. How do you call an individual who patronizes business products and services?
clients
seller
consumers
buyers
Which of the four consumer rights provide correct information regarding their products and services?
Right to choose
Right to safety
Right to representation
Right to be informed
