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- 1. Multiple Choice
1. What characteristic does a person possess if he utilizes his interpersonal and technical skills, knowledge on product and service creation, experience in trade and industry, wide network and connections in establishing and stabilizing his own business?
Profit-oriented
Takes the initiative
Committed
Builds on strengths
- 2. Multiple Choice
1. Which characteristic of an entrepreneur can be associated with the saying “Learn from your mistakes”?
Goal-oriented
Copes with failure
Copes with uncertainty
Builds on strengths
- 3. Multiple Choice
1. Anya takes into consideration the advice, suggestions and recommendations of her fellow businessmen. Marcia is __________.
risk-taker
setting her own standards
willing to listen
is reliable and has integrity
- 4. Multiple Choice
The following are characteristics of a successful entrepreneur, EXCEPT
Sets own standards
Builds on strengths
Dwells with failure
Takes the initiative
- 5. Multiple Choice
1. This is a characteristic in which an entrepreneur must ensure that his or her business generates profits, and whenever it does not, he or she must implement appropriate actions and solutions.
Committed
Profit-oriented
Persistent
Copes with uncertainty
- 6. Multiple Choice
Joey focuses on the success of his business. He spends not only his financial resources but also his time and effort. What characteristic does he possess?
Persistent
Goal-oriented
Self-confident
Hardworking
- 7. Multiple Choice
Tonya knows how to take calculated risks in order to gain profits. Which of the following characteristic does she possess?
Goal-oriented
Risk-taker
Committed
Profit-oriented
- 8. Multiple Choice
Ella is open to the reality and current status or performance of her business. Which of the following best describes the Ella’s characteristic?
Willing to listen
Takes the initiative
Sets own standards
Responds to feedback or open to feedback
- 9. Multiple Choice
Gloria possesses the courage to do the right thing, loyal and fair as she deals with her subordinates and customers. Which of the following describes Gloria?
Self-confident
Willing to listen
Reliable and has integrity
Hardworking
- 10. Multiple Choice
In handling a business, personal needs and social attachment to family and friends are taken separately. What characteristic is being described?
Persistent
Hardworking
Risk-taker
Committed
- 11. Multiple Choice
It is a tool for documenting internal strengths and weaknesses in your business, as well as external opportunities and threats.
WOTS Analysis
TWOS Analysis
SWOT Analysis
STOW Analysis
- 12. Multiple Choice
These are the desires, luxury and extravagance that a person wishes to have.
needs
requirements
wants
desires
- 13. Multiple Choice
What does “S” stand for in SWOT Analysis?
Strengths
Score
Standard
Safety
- 14. Multiple Choice
It is generated by examining the goods and services sold in the community.
business concept
business idea
business pricing
business creation
- 15. Multiple Choice
The following are examples of basic needs, EXCEPT
education
shelter and sanitation
clothing and other personal belongings
exclusive restaurants
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