3 1. Which of the following is NOT a definition of Entrepreneurship? A. It creates opportunities, ensures social justice, instills part of the economic growth strategies of many local and national confidence and stimulates the economy. B. An important driver of economic growth and innovation C. Refers to a person who sets up a business with the aim to make a profit. D. The act of creating a business or businesses while building and scaling it to generate a profit.
4 2. Which of the following is a relevance of Entrepreneurship to SHS Students? A. It generates new wealth in an economy. B. It aids students from all socioeconomic backgrounds to think outside the box. C. It creates opportunities and ensures social justice. D. It creates job.
5 3. Which of the following words is not associated with an entrepreneur? A. Innovative B. Collaborative C. Impulsive D. Creative
6 4. Which of the following statements below is true? A. Entrepreneur has limited career opportunities B. Entrepreneurs are prone to constant high income C. Entrepreneurs are contributor to the development of the society D. Entrepreneurs are the reasons for unemployment problem
7 5. Which of the following 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
8 6. How does technological advancement impact entrepreneurship? a) It has no impact on entrepreneurship b) It creates new business opportunities and reduces operational costs c) It only affects large enterprises d) It makes traditional business models irrelevant
9 7. Which economic factor is most likely to influence an entrepreneur’s decision to start a business? a) Inflation rate b) Religious beliefs c) Natural resources availability d) Weather patterns
10 8.Which of the following traits describes an entrepreneur who seeks new opportunities and ways to improve? A) Flexibility B) Innovation C) Procrastination D) Self-doubt
11 9. Who is the founder of SM Investments, one of the largest conglomerates in the Philippines? A) Enrique Razon B) Manuel V. Pangilinan C) Henry Sy D) Andrew Tan
12 10.Which business tycoon is known for his ownership of the global shipping company International Container Terminal Services, Inc. (ICTSI)? A) Henry Sy B) Enrique Razon C) Manuel Villar D) Tony Tan Caktiong
13 11. Who is the founder of the Jollibee Foods Corporation, the largest fast-food chain in the Philippines? A) George Ty B) Andrew Tan C) Tony Tan Caktiong D) Henry Sy
14 12. Who is the founder of the Ayala Corporation, one of the oldest and most influential business conglomerates in the Philippines? A) Jaime Zobel de Ayala B) Tony Tan Caktiong C) John Gokongwei D) Manuel Villar
15 13. Which of the following is a key characteristic of a successful entrepreneur? A) Being risk-averse B) Having limited creativity C) Being adaptable and innovative D) Relying solely on traditional business methods
16 14. Which of the following is NOT a typical entrepreneurial career path? A) Starting a small business B) Becoming a freelance consultant C) Investing in real estate D) Working as an employee in a corporation
17 15. Which of the following best defines "innovation" in the context of entrepreneurship? A) Copying existing business models B) Selling products at lower prices C) Introducing new products, services, or processes D) Following traditional business practices