LONG QUIZ IN ENTREPRENEURSHIP 12
Name: _____________________________________________
Grade & Section: ___________________________________
Score: __________________________
Date: ___________________________
I. MULTIPLE CHOICE
Read the following questions carefully. Choose the letter of the best answer and write it on the line
before the number.
1. It is the process of considering, evaluating, and pursuing market-based activities that are
believed to be advantageous for the firm.
A. Opportunity seeking
C. Opportunity screening
B. Opportunity seizing
D. Sources of opportunity
2. This is essential to opportunity seeking which allows the entrepreneur to see things in a
positive and optimistic light in the midst of crisis or difficult situations.
A. Entrepreneurial mind frame
C. Entrepreneurial heart flame
B. Entrepreneurial gut game
D. Entrepreneurial heart frame
3. It is the ability of entrepreneur that can sense without using the five senses, also known as
intuition.
A. Entrepreneurial mind frame
C. Entrepreneurial heart flame
B. Entrepreneurial gut game
D. Entrepreneurial heart frame
4. One of the essentials of entrepreneur’s opportunity seeking that refers to the driven passion of
an individual.
A. Entrepreneurial mind frame
C. Entrepreneurial heart flame
B. Entrepreneurial gut game
D. Entrepreneurial heart frame
5. What variable of societal environment includes income level and employment rate?
A. Economic forces
C. Political forces
B. Sociocultural forces
D. Technological forces
6. Which of the choices is NOT part of the environmental factors?
A. Political
C. Climate
B. Weather condition
D. Family background of the manager
7.The entrepreneur who is skeptical about the changes in the company is called?
A. Fabian
C. Drone
B. Social entrepreneur
D. Imitating
8. Which is NOT a career for an entrepreneur?
A. Business consultant
C. Research and Development
B. Sales
D. Domestic Helper
9. They are entrepreneurs who drive social innovation and transformation in various fields.
A. Drone
C. Fabian
B. Social entrepreneur
D. Imitating
10. Societal environment includes the following, EXCEPT:
A. Economic forces
C. Political forces
B. Sociocultural forces
D. Natural resources
II. TRUE OR FALSE
Read the following statements carefully. Write TRUE if the statement is correct; FALSE if it is
wrong. Write your answer on the blank before the number.
________ 11. Entrepreneurs enter a business because of its profitability.
________
________
________
________
________
________
________
________
________
12. New business ideas provide business opportunities.
13. Entrepreneurial process starts with identification of entrepreneurial opportunities.
14. Not all changes in the external environment provides business opportunities.
15. Discovery and advancement in the use of technology are additional good source of
business opportunities.
16. Interest and hobbies of the people are possible good source of entrepreneurial ideas.
17. Industry environment of business is under technological discovery and advacement
sources of opportunities.
18. The variables in the physical environment include the economic forces.
19. Entrepreneurial heart flame refers to the ability of the entrepreneur to sense without
using the five senses.
20. Entrepreneurial mind frame permits the entrepreneur to see things in a very positive
and optimistic light.
III. JUMBLED LETTERS
Arrange the jumbled letters to form a correct word.
21.
22.
23.
24.
25.
UPSIERSPL
NISSUBES
KERTAM
EDICRRSTO
SUTEMOSRC
________________
________________
________________
________________
________________
26.
27.
28.
29.
30.
UTSBETIUST
ICEVERS
PECITIONMTO
IMCLTEA
NTERTSAN
________________
________________
________________
________________
________________
IV. ENUMERATION
A. GIVE AT LEAST THREE (3) RELEVANCE OF ENTREPRENEURSHIP TO AN
ORGANIZATION
31. _____________________________
32. _____________________________
33. ____________________________
B. GIVE THE FIVE (5) FORCES OF COMPETITION MODEL
34. _____________________________
37. _____________________________
35. _____________________________
38. _____________________________
36. _____________________________
C. GIVE AT LEAST TWO (2) SOURCES OF OPPORTUNITIES
39. _____________________________
40. _____________________________
GOOD LUCK & GOD BLESS!!!
Prepared by:
ORLANDO I. PRAGAS
Subject Teacher