SAN RAFAEL TECHNOLOGICAL HIGH SCHOOL

ENTREPRENEURSHIP
Directions: Read the questions carefully and encircle the correct answer.
1. The most basic management functions of an entrepreneur, which tells you where
you are going and how to get there?
a. controlling
b. organizing
c. planning d. staffing
2. Plans are categorized in different ways. Which plan is used repeatedly as it covers
policies, procedures, and rules in management functions?
a. organizational plans
b. staffing plans
c. standing plans
d. single-purpose plans
3. This plan is essentially non-repetitious. Since it is usually used within a short
period of time. It comprises programs, projects and budgets
a. improvement plan
b. organizational plan
c. single purpose plan
d. standing plan
4. A management function that clusters the activities into departments or job
positions, and designating the personnel to head and compose each department is
called ______.
a. directing b. organizing
c. planning d. staffing
5. A diagram that shows the relationships of the position and their corresponding
authority, responsibility, and accountability is ______.
a. functional type organization
b. line and staff organization
c. line organization
d. organizational chart
6. Directing is a challenging task. The principal concern of directing as a
management function is to ______.
a. assess the skills, strengths, weaknesses and potentials of personnel
b. discover the problem in quantity or quality of skills of personnel
c. influence subordinate to contribute to the attainment of the firm objectives
d. make sure that what is done in the enterprise conforms with what had been
planned
7. Which among the choices below is necessary to determine how often you should
measure performance in the controlling process?
a. compare performance with standards and analyze deviations
b. establish standards
c. measure actual performance
d. set performance measurements
8. A type of organization chart where officers have staffs to assists them but who do
not have any authority over line personnel is .
a. line and staff organization
b. line organization
c. functional staff organization
d. organizational chart
9. Assessing the skills, strengths, weaknesses and potentials of your personnel will
tell you whether_______.
a. your company has just the right quantity and quality of men
b. you have an excess in quantity but are short in quality
c. both quantity and quality of skills of your personnel are insufficient

d. a b & c
10. If you find out that there is a problem in quantity and quality of skills among
your present personnel. What solution should you adopt to solve the problem?
a. consider recruiting from inside or outside the organization
b. undertake training and skills development
c. advise the person to look for another job
d. a & b
11. The statistical study of human population and its distribution is called _________.
a. demography
b. ecology c. photography
d. psychology
12. Environmental scanning is the acquisition and use of information about events,
trends and relationships in an organizations external environment. New products or
materials and new processes in doing things are vital aspects of_______________.
a. ecological environment
b. educational environment
c. political environment
d. technological environment
13. As an entrepreneur, the first thing that you should find out are the demands of
the community. This refers to___________.
a. community needs
b. evaluation
c. industrial information d.
technology
14. How will you determine the needs of the people in your community?
a. conduct an environmental scanning
b. make use of observations
c. make use of surveys and referrals
d. all of the above
15. The growth of industry always creates opportunities for establishing an
enterprise. This refers to ________.
a. industrial information b. review of old projects c. synchronization of plans
d. technology
16. Read technical and business journals. The underlined words refer to
____________.
a. evaluation of development plans
b. industrial information
c. local specialized skills
d. review of old projects
17. Why is there a need for an entrepreneur to explore the economic, cultural, and
social conditions of the community?
a. To determine the number of population in the community
b. To discover the developed enterprise in the community
c. To find out the analytical skills among the professional in the community
d. To identify the problems, needs and business opportunities in the community
18. As an entrepreneur, how will you make your product more useful and of good
quality?
a. change the brand of the product into a new one
b. seek assistance from the government
c. use your creativity and imagination
d. none of the above
19. When you identify the demands of the people then you are identifying the
______________.
a. Community Needs
b. Industrial Information c. Local Specialized Skills d.
Technology
20. When there is competition, then there are ___________ in business.
a. opportunities
b. strengths c. threats
d. weaknesses

21. Anything that can be offered to a market that might satisfy a want or need is
called_______.
a. package
b. product
c. service
d. technology
22. The acronym SWOT means _________.
a. Style, Wear, Operation, Tool
b. Strengths, Weaknesses,
Threats
c. Store, Warehouse, On line, Technology d. all of the above

Opportunities,

23. If the people in the community patronize your product, then your business has
______________.
a. Operation
b. Strength
c. Threats
d. Weakness
24. Which of the following questions can be categorized as an opportunity?
a. What could you improve?
b. What are the interesting trends you are aware of?
c. What obstacles do you face?
d. Is it accessible to all?
25. You encounter difficulty in hiring workers due to low salary. This is classified as
________________.
a. opportunities
b. strengths
c. threats
d. weaknesses
26. Which of the following is not an ingredient that defines a product?
a. brand promises
b. delivery processes
c. description and features
d. tangible elements
27. What business term describes the complete process of bringing a new product
to market?
a. business environment
b. new product development
c. product design
d. product development process
28. The producers view of a product is called__________.
a. feature of the product
b. product formulation
c. product concept
d. all of the choices
29. The following are the factors to consider in preparing a product concept EXCEPT:
a. the costs
b. the market
c. the goods and services
d. the people
30.The following statements tell how environmental scanning is done. Choose from
the options the correct arrangement of the steps in conducting environmental
scanning.
1. Note down the needs of the people in the community.
2. For things and services needed, find out what are not available and plan how to
develop these into entrepreneurial ventures.
3. Communicate with people through interviews, observations and advertisements
on what is new.
4. Check those items which are already available and think how they may improve
the packaging and quality.
a. 4,1,2,3 b. 3,1,4,2 c. 2,4,1,3 d. 1,4,2,3