You are on page 1of 5

ANSWER KEY

APOLINAR B. MACIAS MEMORIAL HIGH SCHOOL


Casile, Dauin, Negros Oriental

T.L.E 10
First Periodic Test

Instruction: Read the following questions and write the correct answer on your answer
sheet.

1. The following are the fundamental characteristics of an entrepreneur EXCEPT.


a. FUTURE ORIENTED
b. COPES WITH UNCERTAINTY
c. COMMITTED
d. SMALL-MINDED
2. This involves developing and using logical, step-by-step plans or offering evaluation
alternatives, monitoring progress and switching to successful strategies to achieve the goals
you want.
a. SET YOUR OWN STANDARD
b. TAKE THE INITIATIVE
c. WILLING TO LISTEN
d. RESPONDS TO FEEDBACK
3. It refers to the ability to take measured or calculated risks.
a. PERSISTENT
b. RISK-TAKER
c. HARDWORKING
d. PROFIT-ORIENTED
4. Mr. Chavez believes that, in order to have successful business one should first believe in
his/her self. What trait did he possess?
a. PERSISTENT
b. COMMITTED
c. SELF-CONFIDENT
d. HARDWORKING
5. It is considered as a major priority in the entrepreneurs life.
a. WILLING TO LISTEN
b. SET YOUR OWN STANDARD
c. COMMITTED
d. FLEXIBLE
6. What PECs must an entrepreneur if he/she is interested in money generation?
a. PROFIT-ORIENTED
b. FUTURE-ORIENTED
c. GOAL-ORIENTED
d. All of the above
7. Dianne is very flexible and open-minded, she obtain useful feedback and advice from others.
What PECs did she demonstrated?
a. Sensitive
b. Reliable
c. Decision-maker
d. Responds to Feedback
8. What does PECs stands for?
a. PERSONAL ENTREPRENEURIAL CHARACTERISTICS
b. PERSONAL ENTREPRENEURIAL COMPETENCIES
c. PERSONAL ESTIMATED COMMUNITY
d. PERSONAL ELECTRONIC COMPUTER
9. It is the ability to set a long-term goal needed for the preparation and production of the
business.
a. Trustworthy
b. COMMITTED
c. GOAL-ORIENTED
d. All of the above
10. Which of the following PECs should an entrepreneur possess in order to be patient., strong-
willed and follow his/her own belief despite of any rejection?
a. COMMITTED
b. HARDWORKING
c. RISK-TAKER
d. PERSISTENT
11. Mario works diligently and industriously, he spends so much time and effort to run a
successful business. What PECs has been demonstrated by Mario?
a. HARDWORKING
b. FLEXIBLE
c. COMMITTED
d. STRONG-MINDED
12. It is the ability in which an entrepreneur set his/her realistic targets to have an advanced
preparation for his/her business.
a. GOAL ORIENTED
b. COPES WITH FAILURE
c. TAKE THE INITIATIVE
d. BUILDS ON STRENGTH
13. What PECs must be apply in order to handle unusual events that may happen in business?
a. COPES WITH UNCERTAINTY
b. TAKE THE INITIATIVE
c. SET OWN STANDARD
d. RESPONDS TO FEEDBACK
14. It is the ability to be trustworthy, honest and being fair.
a. RISK-TAKER
b. PERSEVERING
c. RELIABLE AND HAS INTEGRITY
d. FLEXIBLE
15. Rolly learns to work all by himself without the help of others. What PECs has been
demonstrated by Rolly?
a. HARDWORKING
b. INDEPENDENT
c. RESOURCEFUL
d. RISK-TAKER
16. It is a trait in which an individual can easily adopt to any situations.
a. FLEXIBLE
b. DECISIVE
c. CREATIVE
d. SENSITIVE
17. What PECs must be apply if there are problems in the demand and production of the goods
and services?
a. COMMITTED
b. HARDWORKING
c. SELF-CONFEDENCE
d. COPES WITH UNCERTAINTY
18. Which of the ff. Statements is correct?
a. An entrepreneur exerts time and effort
b. An entrepreneur is concern of his/her income
c. An entrepreneur is forward looking
d. All the above
19. Which of the ff. PECs where people base their works on strengths?
a. RISK-TAKER
b. RELIABLE
c. BUILDS STRENGTHS
d. OBSERVANT
20. It is the ability of an entrepreneur to build a good reputation and courage to do the right
thing.
a. RELIABLE AND HAS INTEGRITY
b. COMPETENT
c. DECISIVE
d. EFFICIENT
21. Which of the ff. is the important trait of an entrepreneur?
a. EFFICIENT
b. CREATIVE
c. INDEPENDENT
d. ALL OF THE ABOVE
22. It is the way in how to deal with failures and use these into productive learning experiences.
a. COPES WITH FAILURE
b. HARDWORKING
c. PERSISTENT
d. NONE OF THE ABOVE
23. Nelly takes her time to listen to the advice, suggestions and recommendations of her
friends. What PECs did she demonstrated?
a. PERSISTENT
b. TAKE THE INITIATIVE
c. WILLING TO LISTEN
d. ALL OF THE ABOVE
24. It is the ability in putting yourself in a position where you are responsible for the failure or
success of your business.
a. TAKE INITIATIVE
b. COMMITTED
c. FLEXIBLE
d. COMPETENT
25. The ff. are guides on how to strengthen your own PECs except;
a. BEING PASSIVE AND TOO AGGRESSIVE
b. ACQUIRE SPECIFIC SKILLS
c. BE RESPONSIBLE
d. DEMONSTRATE POSSITIVE ATTITUDE
26. These are essential to every individual so he/she may be able to live with dignity and pride.
a. Basic needs
b. Wants
c. Desire
d. Recreation
27. It is the desires, luxury and extravagance that signify wealth and an expensive way of living.
a. Basic needs
b. Wants
c. Services
d. Recreation
28. Which of the ff. is an example of our basic needs?
a. Laptop
b. Cellphone
c. Food
d. None of the above
29. The ff. are example of wants of the individual except;
a. EDUCATION
b. PERFUME
c. JEWELRY
d. ACCESORIES
30. Which of the ff. pair is incorrect?
a. Food-needs
b. Clothing-needs
c. Education-wants
d. Shoes-wants
31. Which of the given is classified as wants?
a. Luxurious cars
b. Shelter
c. Education
d. Food
32. It is the process of gathering, analyzing and dispensing information for tactical or strategic
purposes
a. Generating ideas
b. Entrepreneurship
c. Technology
d. Environmental scanning
33. Which of the ff. sets of decisions that you need in order to responds to the needs and wants
of people?
a. What to produce
b. How to produce
c. How to share/sell out the product to the market
d. All of the above
34. Which of the ff. statements is correct?
a. Needs are desires of individuals
b. Wants are needed for survival
c. Wants signify wealth and expensive way of living
d. None of the above
35. In order to generate ideas for business, Mr. Tan should consider?
a. Examine the existing goods and services
b. Examine only the present needs
c. Examine the wants of the individual not their needs
d. All of the above
36. What would you do to become a successful entrepreneur?
a. Identifying the opportunities around you
b. Developing character and personality and how to respond to some business
challenges and opportunities
c. Thinking what do people need
d. Using products for specific purpose
37. _________________ in a business are important things that every individual cannot do without in
a society.
a. Needs
b. Health
c. Wants
d. All of the above
38. What are the two basic indicators in doing a business?
a. Education and relaxation
b. Needs and wants
c. Health and shelter
d. All of the above
39. __________________ are ways in improving or enhancing the product.
a. Services
b. Wants
c. Desires
d. Innovation
40. __________________ are ways in introducing an entirely new product to replace the old one.
a. Invention
b. Innovation
c. Desires
d. Wants