Exam in Tle
Exam in Tle
Name:_____________________________________________________Score:_______________________
Grade and Section_________________________
DIRECTION:
Choose the correct answer, write the answer in your answer sheet, letters only
______ 1. It is the pursuit of opportunity beyond resources controlled.
A. Entrepreneurship C. Product
B. Demands D. Needs
______ 2. He is the person who starts a business and is willing to risk loss
A. Consumer C. Producer
B. Vendor D. Entrepreneur
______ 3. It is the necessity of people such as food, clothing, and shelter
A. Products C. Wants
B. Needs D. Demands
______ 4. These are goods or services that people desire or wish to have.
A. Products C. Wants
B. Needs D. Demands
______ 5. This is something that is manufactured following a process or grown and
nurtured in order to be sold for a profit.
A. Products C. Wants
B. Needs D. Demands
______ 6. Which of the following product can be offer in the school and community based
on existing needs and demands?
1.Bottled water is one of the most in-demand products in school and
community that can provide a solution to a need.
2. Used clothing and furniture commonly known as garage sale business
offers old products and sometimes overruns sold at a lower price
3. Street food such as fishballs, siomai, and assorted kakanin can be sold the
whole day and are offered at a lower price
4. Beauty products made of organic and natural ingredients
A. 1 and 2 only C. 1, 2, and 4 only
B. 1, 2, and 3 only D. all of the above
______ 7. Peanuts are abundantly grown in San Carlos City, Negros Occidental. The
following are simple products that can be produced from peanuts. Which one is
NOT?
A. Soy sauce C. Peanut brittle
B. Peanut butter d. Salted peanuts
______ 8. In selling process, the first thing you must do is to _______________.
A. conduct an opening party
B. invite all people in the community
C. conduct a survey of prospective and qualified buyers of the product
D. request the services of an advertising agent
______ 9. In order to effectively promote your product in the buying process, you should
first
A. understand the buying decision process
B. prepare for selling strategies
C. conduct an opening party
D. invite all people in the community
______ 10. Which word describes the picture below?
A. product C. buyer
B. service D. seller