ENTREPRENEURSHIP Q4 ONLINE INTERACTIVE EXAM
Entrepreneurship Interactive Quiz
Test your knowledge of entrepreneurship with this interactive quiz designed for aspiring business leaders and students alike. This quiz covers essential topics such as business plans, value propositions, the marketing mix, and financial understanding.
- 30 engaging multiple-choice questions
- Covers key concepts in entrepreneurship
- Assess your understanding and improve your skills
How does the business plan helps an entrepreneur?
A. Serves as a tool guide.
B. An excellent starter kit.
C. A checklist of business.
D. Very important document.
What is the most important part of a business plan?
A. Capital.
B. Concept.
C. Cooperation.
D. Business Permit.
What is Unique Selling Proposition?
A. Lets you stand apart from competitors.
B. An important part of creating pricing power.
C. A business that customers genuinely love.
D. Defines your company in the marketplace
Department of Education incorporates Entrepreneurship subject to Senior High School students, how entrepreneurial skills can help us in the future?
A. Explore career opportunities.
B. Further discuss the relevance of the course.
C. Enhance our personal competencies in this academic field.
D. Provide us an option to engage in business if we ran out of luck in other field.
What is Value Proposition?
A. An innovation, service, or feature intended to make a company or product attractive to customers.
B. Lets you stand apart from competitors.
C. An important part of creating pricing power.
D. A business that customers genuinely love.
Which sentence can best define Value Chain?
A. The process or activities by which a company adds value to an article, including production, marketing, and the provision of after-sales service.
B. To make a company or product attractive to customers.
C. A business that customers genuinely love.
D. Defines your company in the marketplace.
A stand out personality of an Entrepreneur.
A. Determination
B. Regret
C. Emotionality
D. Self-importance
Mr. Gerald Anderson Emboc has a Gold Trading Company, He had accumulated an Asset of PhP 1,547,305.00, but he still have an outstanding balance from a previous loan in a commercial bank in the amount of PhP576,540.00, how much is the Owner's Equity left in his company?
A.PhP 970,765.00
B. PhP 907,756.00
C.PhP 2,132,845.00
D. PhP 576,540.00
Mr. Gonzales is about to submit a financial report to the Board of Directors of the Megaworld Resort, reflected in the financial statement was the Assets gained an increase of PhP 15M, apparently, the report shows that it has an outstanding obligation to a government bank for the working capital of PhP 17M from the original principal amount of PhP 30M. Obviously, the Owner's Equity is PhP -2M. What is the financial status of the company?
A. Gaining
B. Losing
C. Break-Even
D. Status Quo
Assets in business jargon is defined as;
A. An asset is something that provides a current, future, or potential economic benefit for an individual or other entity.
B. Set of skills needed to become a successful entrepreneur.
C. A useful or valuable thing, person, or quality.
D. Set of personal traits that provides charisma.
The picture shown above was the 5 Forces Model Affecting the business of Coca- Cola. From this model, draw your own conclusion, among the factors involved, which of them immensely affects the beverage business of Coca-Cola?
The diagram shows the simple illustration how Value Chain operates in an industry, in the production of Canned Fish (Sardines), shown from the image above, which part of the process was the most expensive? Which part of the process that costs less? Which process consumes more time?
In the 7 P's of Marketing, where did it belong?
PRODUCT
PLACE
PROMOTION
PROCESSING
In the 7 P's of Marketing, where did it belong?
PROCESSING
PRICE
PEOPLE
PACKAGING
In the 7 P's of Marketing, where did it belong?
PLACE
PROMOTION
PROCESSING
PRICE
In the 7 P's of Marketing, where did it belong?
PLACE
PROMOTION
PROCESSING
PRICE
In the 7 P's of Marketing, where did it belong?
PRODUCT
PLACE
PROMOTION
PROCESSING
In the 7 P's of Marketing, where did it belong?
PROCESSING
PRICE
PEOPLE
PACKAGING
In the 7 P's of Marketing, where did it belong?
PLACE
PROMOTION
PROCESSING
PRICE
Product is the most important aspect in developing the market mix.
TRUE
FALSE
Unique Selling Proposition is defining your differentiation above others.
TRUE
FALSE
People make products, move products and buy your products.
TRUE
FALSE
Good location is not a question, people will buy wherever you are.
TRUE
FALSE
Pricing is the most difficult aspect in marketing mix, this will define your cash flow.
TRUE
FALSE
Packaging is the total aspect of your product, it creates identity.
TRUE
FALSE
Promotion is elevating your product from poor to excellent level.
TRUE
FALSE
Learning the forces surrounding your business provides you inner peace.
TRUE
FALSE
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