HARVEST HOUSE LIFEGIVER COLLEGE OF SOUTHERN PHILIPPINES
Purok 8, Upper Communal, Tibungco, Davao City
FIRST QUARTER EXAMINATION
December 14-15, 2023
ENTREPRENUERSHIP
Name: ________________________________
Teacher: Mr. Mark Rigel D. Arnoco
Score:
Parent’s Signature:
I.
Read each item carefully. Write the letter of the correct answer on the space provided
_____ 1. Refers to the human work force involved in the manufacture of products.
a. Manpower
c. Machine
b. Method
d. Materials
_____ 2. Refers to the process or technique of converting raw materials to finished products.
a. Manpower
c. Machine
b. Method
d. Materials
_____ 3. The physical output of the whole production process.
a. Output
c. Heterogeneous product
b. Product
d. Homogeneous product
_____ 4. A product that has dissimilar characteristics, parts, and physical appearance.
a. Output
c. Heterogeneous product
b. Product
d. Homtogeneous product
_____ 5. Products that have a physical appearance, taste, or chemical content that can hardly
be distinguished from that of the other products.
a. Output
c. Heterogeneous product
b. Product
d. Homogeneous product
_____ 6. Refers to the manufacturing equipment used in the production of goods or delivery
services.
a. Manpower
c. Machine
b. Method
d. Materials
_____ 7. Refers to the raw materials needed in the production of a product.
a. Manpower
c. Machine
b. Method
d. Materials
_____ 8. The roadmap of the new business. It is the road map of the entrepreneur.
a. Operation plan
c. Business plan
b. Introduction
d. Roadmap
_____ 9. All of this is part of the business plan introduction, EXCEPT:
a. Proposed name of business
c. Names of customer
b. Address of the business
d. Name of owner
_____ 10. Commonly the last section to be written after all other major parts have been written.
a. Executive summary
c. Business plan
b. Introduction
d. Roadmap
_____ 11. This section describes the extend of the owner’s financial obligations with creditors.
a. Production plan
c. Operation plan
b. Liability of owner
d. Financial plan
_____ 12. Presents or describes activities related to the production of goods.
a. Production plan
c. Operation plan
b. Liability of owner
d. Financial plan
_____ 13. It accumulates and describes all the data expressed in monetary units from the other
sections of the business plan.
a. Production plan
c. Operation plan
b. Liability of owner
d. Financial plan
_____ 14. A section of the business plan that outlines the various activities.
a. Production plan
c. Operation plan
b. Liability of owner
d. Financial plan
_____ 15. All of this is part of the marketing plan, EXCEPT:
a. Product
c. Price
b. Place
d. Dog
_____ 16. All of this is part of the business plan outline, EXCEPT:
a. Title page
c. Book worm
b. Table of contents
d. List of tables
_____ 17. The product is usually substantial in size and is bound by a specific time to complete it.
a. Project method
c. Batch method
b. Job order method
d. None of the above
_____ 18. The production is completed by a single employee or a batch of employees.
a. Project method
c. Batch method
b. Job order method
d. None of the above
_____ 19. The production undergoes several stages and the product is transferred from one
worker to another.
a. Project method
c. Batch method
b. Job order method
d. None of the above
_____ 20. Adopted when the demand for the product is considered constant.
a. Intermittent production system
c. Just-in-time production system
b. Continuous production system
d. None of the above