First Periodical Examination
First Periodical Examination
First Periodical Examination
NAME:_________________________________________ DATE:____________________
(Last Name) (First Name) (Middle Name) (mm/dd/yyyy)
I. MULTILPLE CHOICE
1. The people in the marketplace who are selling items or offering services for a fee.
a. Businessmen b. entrepreneurs c. operators d. workers
2. __________________is the mother of all inventions
a. Product b. Technology c. Necessity d. Entrepreneur
3. It was created to answer a need and cater for a demand.
a. Business b. market c. entrepreneur d. product
4. The success of a business person greatly depends on a certain set of characteristics
called_______________.
a. Free enterprise b. Personal Entrepreneurial Competencies c. opportunities d. journey
5. A____ attitude is the result of certain characteristics/traits that help a person approach a business with
success.
II. Study the phrases below. It is all about PECs. Choose the possible definition of each from the choices in the
box. Write the corresponding letters of your choice on the space provided before each number.
IV. Complete the chart showing the pros and cons of being an entrepreneur.
CHALLENGES REWARDS
You will face a lot of responsibilities You can be your own boss.
26. 29.
27. 30.
28. You can produce new product or improve existing
ones.