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Pre-Final, Entrepreneurship

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Republic of the Philippines

Department of Education
BICOL FOR CHRIST MISSION ACADEMY, INC.
San Juan Evangelista St., Goa, Camarines Sur
Tel. # (054) 875-4794 E-mail :bcmaofficialaccountgoa@yahoo.com

PRE-FINAL EXAMINATION
ENTREPRENEURSHIP
GRADE 12

Name: ___________________________________ Grade Level/Strand: ____________________


Teacher: JOY LAOVENIA SALES Score: ____________

I. IDENTIFICATION: Identify the following. Write the correct answers on the blanks.

_________________________1. It simply refers to the environment within the business.

_______________________2. These are assets or properties owned or controlled by the business.

_______________________3. These are assets of the business that have physical appearance and form.

_______________________4. These are assets of the business that do not have physical appearance and

form.

_______________________5. Known as the organizational and corporate culture.

_________________________6. It refers to the formal organizational arrangement of the business in terms of

hierarchy of positions, flow of communication, relationship of functional areas, and production and

marketing processes.

_________________________7. Refers to the strong attributes or capabilities of the business that provide

great advantage in exploiting the business opportunity.

_______________________8. These are poor attributes or deficiencies that give disadvantages to the

business.

_______________________9. These are business situations in the form of products or services that must be

exploited because of their potential in terms of profit and growth.

_______________________10. These are possible external events in the environment that may provide

harm to the business.

II. TRUE OR FALSE. Write T if the statement is True and F if False.

________11. A corporation is easily dissolved compared to a partnership.


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________12. A bakeshop is classified as a merchandising entity

________13. A tailoring shop is considered as manufacturing entity.

________14. Law offices are service businesses.

________15. Schools are manufacturing entities.

________16. Consumers have common wants.

________17. The entrepreneurial venture can serve all the requirements of the total market.

________18. In the process of determining the position of the business in the market, the entrepreneur has to

segment the total market.

________19. Market segmentation applies only to small entrepreneurial ventures.

________20. Once the market segment has already been identified, the product will be designed specifically

for such market segment.

III. ENUMERATION:

21-22. The two commonly used as internal environmental scanning tools.

23-25. The common environment forces in the internal environment.

26-28. Give the Forms of Entrepreneurial Venture.

29-34. Give the Nature of Entrepreneurial Venture.

35-37. The three important elements in the Production System.

38-40. From four Ms of Production, enumerate at least three (3).

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