Entrepreneurship Summative-3rd Week

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Republic of the Philippines

Department of Education
Region VII, Central Visayas
Division of Cebu Province

SANTA FE DISTRICT
___________________
School
SUMMATIVE Assessment in TLE 12- ENTREPRENEURSHIP
Quarter 2 Week 3 & 4

1. It is known as the network of suppliers that provide the materials, services, and logistics that
support an entrepreneur.
A. Logistics B. supply chain C. Value chain D. Marketing
2. What do you call the one that provide delivery services from the purchase of materials up to the
delivery of the finished products to the customer?
A. Logistics B. supply chain C. Value chain D. Marketing
3. It is the set of activities that add value to the product or service
A.Value chain B. production C. marketing D. resources
4. It is the same with supply chain but viewed as going in opposite direction.
A.Value chain B. production C. marketing D. resources
5. It helps the entrepreneur assess costs and plan the needed manpower.
A.Visualizing and planning B. Visualizing C. Planning D. Organizing
6. What do you call the model that describes how a business creates, delivers, and captures value for
itself as well as the customer.
A. Business model B. development model C. value chain model D. strategic model
7. They are also known as the target market.
A. Retailer B. customers C. entrepreneurs D. retailer
8. It is what the business provides.
A.Offerings B. products C. demands D. supply
9. It is how the business provides the offering/services.
A.Infrastructure B. Financials C. supply D. demand
10. It is how the business makes money and what are the costs involved.
A.Money B. Financials C. cost D. operation
11. It makes finished products from raw materials.
A.Distributor B. manufacturer C. retailer D. seller
12. It sells directly to the public after purchasing the products from a distributor or wholesaler.
A.Distributor B. manufacturer C. retailer D. seller
13. What do you call a company that has both an online store and a brick-and mortar store?
A. E-commerce B. Nickel-and-dime C. Bricks-and-Clicks D. Brick-and-mortar
14. They buys products from manufacturers and resells them to the retailers or the public.
A.Distributor B. manufacturer C. retailer D. seller
15. They uses the parents business’s model and brand while paying royalties.
A. Retailer B. Seller C. Franchise D. distributor
16. Where the business owners owns a physical store or shop and deals with the customers directly.
A. E-commerce B. Nickel-and-dime C. Bricks-and-Clicks D. Brick-and-mortar
17. For every other service that comes with it, a certain amount is charged.
A. E-commerce B. Nickel-and-dime C. Bricks-and-Clicks D. Brick-and-mortar
18. What do you call the online companies offer basic services to the customers for free while charging a
certain premium for extra add-ons.
A. Freemium B. Premium C. Marketplace D. Subscription
19. What do you call the business model that lets you keep customers over a long-term contract and get
recurring revenues from them through repeat purchases?
A. Freemium B. Premium C. Marketplace D. Subscription
20. What do you call the recently developed model where the company offer various service providers of a
niche and sell their services under its own brand?
A. Freemium B. Premium C. Marketplace D. Aggregator
21. A type of business model that aggregate different sellers into one platform who then compete with
each other to provide the same product/service at competitive prices.
A. Online marketplace B. Advertisement C. seller D. franchise
22. A type of company earns revenue from advertisers or sponsors for running their advertisement usually
on a website or streaming service.
A. advertisement B. data selling C. seller D. franchise
23. What do you call the company sells or licenses the data of its users to third parties who then use the
same for analysis, advertising, and other purposes.
A. advertisement B. data selling/data licensing C. seller D. franchise
24. What do you call an agency partners with several other companies that outsource their non-core
tasks?
A. Agency-based B. Affiliate marketing C. dropshipping D. network marketing
24. What do you call the commission-based model where the affiliate builds its business around promoting
a partner’s product and directs all its efforts to convince its followers and users to buy the same.
A. Agency-based B. Affiliate marketing C. dropshipping D. network marketing
25. What do you call the business model that involves a pyramid-structured network of people who sell a
company’s products?
A. Agency-based B. Affiliate marketing C. dropshipping D. network marketing
26. What do you call the business model that involves the users to contribute to the value provided?
A. Crowd-sourcing B. Peer 2 Peer Catalyst C. Blockchain D. High Touch
27. It is a decentralized internet-based economy where two parties interact directly with each other to buy
or sell goods or to conduct a transaction without the intervention of any third party.
A. Crowd-sourcing B. Peer 2 Peer Catalyst C. Blockchain D. High Touch
28. What do you call an digital database that no one owns but anyone can contribute to?
A. Blockchain B. High Touch C. Low Touch D. SaaS,laaS,PaaS
29. What do you call the business model that requires lot of human interaction?
A. Blockchain B. High Touch C. Low Touch D. SaaS,laaS,PaaS
30. What do you call the business model that requires minimal human assistance or intervention in selling
a product or service?
A. Blockchain B. High Touch C. Low Touch D. SaaS,laaS,PaaS
31. It is a type of business model that mostly used for unique items that are not frequently traded and that
don’t have a well-established market value, like collectables, antiques, real estate, and even businesses.
A. Auction-based B. Reversed-Auction-based C. Razor and Blades D. Reverse Razor and Blades
32. It a type of business model where an auction where the roles of a buyer and seller are exchanged.
Sellers bid prices instead of buyers.
A. Auction-based B. Reversed-Auction-based C. Razor and Blades D. Reverse Razor and Blades
33. What type of business model that is used by companies which deal in complementary or companion
products like razors and blades?
A. Auction-based B. Reversed-Auction-based C. Razor and Blades D. Reverse Razor and Blades
34. What do you call the business model that offers the low margin item at a very less price or below the
cost to encourage the sale of the high margin product.
A. Auction-based B. Reversed-Auction-based C. Razor and Blades D. Reverse Razor and Blades
35. A type of business model where a customer’s demand is fulfilled by delivering goods and services on
demand (usually immediately).
A. Auction-based B. Reversed-Auction-based C. Razor and Blades D. On-Demand
36. A type of business model that is driven by the network effect, this business model involves granting
access to a community or a network in return for a membership fee.
A. Auction-based B. Reversed-Auction-based C. Razor and Blades D. User-Community
37. Costs incurred through payment of utilities such as electricity and water.
A. Revenue B. Operating Expenses C. Mark-Up D. Free
38. It refers to the amount added to the cost of a product to determine the selling price. A. Cost B. Mark
Down C. Mark Up D. Revenue
39. It is a planning tool that helps entrepreneur copes up with uncertainties in the future operation of the
business.
A. Benchmarking B. Forecasting C. Revenue D. Selling
40. It represents the final products from the production process and distributed to the customers.
A. Input B. Materials C. Output D. Suppliers
Republic of the Philippines
Department of Education
Region VII, Central Visayas
Division of Cebu Province

SANTA FE DISTRICT
___________________
School
PERFORMNACE Assessment # 1 in TLE 12- ENTREPRENEURSHIP
Quarter 2 Week 3 & 4

Directions:
1. Based on the product or service you prototyped in the previous LHT, plan the supply or value chain of your
business.
2. At the back of this LHT, draw a diagram of your supply chain.
3. Based on your diagram, list down all the people you need in your business. Use any space available in this
LHT.

Republic of the Philippines


Department of Education
Region VII, Central Visayas
Division of Cebu Province

SANTA FE DISTRICT
___________________
School
PERFORMNACE Assessment # 2 in TLE 12- ENTREPRENEURSHIP
Quarter 2 Week 3 & 4

Directions:
1) Based on the supply/value chain you created in the previous LHT, identify what business model are you
adapting. You may identify more than one if you’re planning to adapt a hybrid.
2) Write the reason for your choices. Be sure to highlight the strengths and weaknesses.
3) Identify the initial costs you think may be associated with your business. Divide them according to fixed
assets, fixed costs, and recurring costs.
4) You may use any space available in this LHT.
Republic of the Philippines
Department of Education
Region VII, Central Visayas
Division of Cebu Province

SANTA FE DISTRICT
___________________
School
ALTERNATIVE Assessment in TLE 12- ENTREPRENEURSHIP
Quarter 2 Week 3 & 4

Direction:
Identify what business model is used by these businesses/businessman. Write your
answers on the blanks provided.

1) Wattpad
2) Globe Telecom
3) Barbecue Stand
4) Barbershop
5) Roadside Vulcanizing
Shop
6) Food Panda
7) Fish Vendor
8) Vegetable Farming
9) Poultry
10) Piggery

Direction:
Identify whether the following costs are fixed costs or recurring costs. Write your answers on the blanks provided.

1) Delivery fees
2) Property Rent
3) Income Taxes
4) Electricity Bill
5) Water Bill
6) Internet Bill
7) Property Tax
8) Subcontracted janitorial
service
9) Subcontracted security
service
10) Ingredients
Republic of the Philippines
Department of Education
Region VII, Central Visayas
Division of Cebu Province

SANTA FE DISTRICT
___________________
School
ANSWER KEY in TLE 12- ENTREPRENEURSHIP
Quarter 2 Week 3 & 4

1. A
2. A
3. A
4. A
5. A
6. A
7. B
8. A
9. A
10. A
11. A
12. A
13. C
14. A
15. C
16. D
17. B
18. A
19. D
20. D
21. A
22. A
23. B
24. A
25. D
26. A
27. B
28. A
29. B
30. C
31. A
32. B
33. C
34. D
35. D
36. D
37. B
38. C
39. B
40. C

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