Which of the choices is NOT part of the environmental factors?

d. family background of the manager

Which of the statements below is true?

c. Entrepreneurs are contributor to the development of the society.

a. Entrepreneur has limited career opportunities.

b. Entrepreneurs are prone to constant high income.

d. Entrepreneurs are the reasons for unemployment problem.

Which of the statement is NOT true?

a. An entrepreneur will patiently wait for his efforts to bear fruit.

b. The profit of the entrepreneur is immediate.

c. All entrepreneurs are successful

d. Entrepreneurs are researchers

Which of the following is NOT true?

c. Entrepreneurs improves the economy

a. Entrepreneurship create organizations

b. Improves the life of the entrepreneur alone

The intensity of rivalry among existing firms is characterized to the following factors except one:

D. The product represents a high percentage of the buyer’s cost.

C. Characteristics of the products or services.

The following are the forces competing within the industry except one:

A. Potential new entrants and Substitute Products

C. Rivalry among existing firms

Which among the following is the result of identifying entrepreneurial opportunities?

B. Opening of entrepreneurial venture

A. Creation of entrepreneurial ideas

D. Entrepreneurial process Wants

What entrepreneurial idea will you recognized, if you consider the new discovery and advancement of technology as source of opportunity?

B. Technological discovery and advancement

C. Government’s thrust, programs, and policies

Source of entrepreneurial idea where expertise and skills developed by a person from its previous work can lead to the opening of a related business enterprise.

A. Government’s thrust, programs, and policies

D. Technological discovery and advancement

What is the relationship between unique selling proposition and value proposition?

a. a framework of each business industry

b. meet your competitors needs wants.

c. persuades another to exchange money for a product service’s

d. connected with only one particular thing.

What is the function of Value Proposition?

b. convince customer to purchase a particular product or services.

d. provide value to your customers

Give example in promotion using Value Proposition and Unique Selling proposition.

a. with the slogan “Langhap Sarap”

The term behavioral segmentation refers to:

d. divided according to customers behavior pattern as they interact with a company.

b. divided in terms for customers think and believe.

c. divided according to geographical location.

b. Size of arena where the entrepreneur will play their business

a. tangible things that can be seen.

c. The most important part to the success of the company

d. another variation of segmentation marketing.

Considered favorable indicators for doing business in that particular location.

c. size and growth of the segment

entrep exam

Quiz

•

Business

•

12th Grade

•

Practice Problem

•

Hard

Rhoda Inalvez

Used 5+ times

FREE Resource

c. Self-confidence

d. Risk-taker

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entrep exam

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The entrepreneurs who create new ideas are called?

The entrepreneur who lives on the labor of others is called?

These are entrepreneurs who are to follow the path shown by innovative entrepreneur.

Which of the following is NOT a function of an entrepreneur?

Entrepreneur means:

It is a personality factor which means “doing things even before being told.”

It is a personality factor which means convincing customers to buy the product.

Which of the choices is NOT part of the environmental factors?

All except one does NOT belong to the group?

The entrepreneur who is skeptical about the changes in the company is called?

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