LONG TEST

ENTREPRENEURSHIP

Name: ___________________________ Score: _________

Grade and Section: _________________ Date : _________

I. Fill in the blanks. Write the word or group of words to complete each of the following statements. Choose your
answer from the box below.

Entrepreneurial heart frame Micro Environment Macro Environment

Entrepreneurial mind frame Preferences Entrepreneurs
Piques Any Reach
Perceptions Revenues Returns
Executive Summary Business plan Specific

1. Entrepreneurs who plan to enter any business endeavor must have a __________________ on hand to guide
them throughout the process.
2. Business plan must have a __________________ audience in mind and what important questions do this
audience want answered.
3. The __________________ contains everything that is relevant and important to the business audience.
4. __________________ are innovative and opportunity seekers.
5. The __________________ allows the entrepreneur to see things in a very positive and optimistic light in the
midst of crisis or difficult situations.
6. If there is one commonality between an inventor and an entrepreneur, it is their surging passion or the
__________________.
7. The __________________ refers to uncover to the “big and macro forces” that affect the area, the industry,
and the market which the enterprise belong to.
8. Consumer __________________ can be sources of opportunities.

II. TRUE or FALSE. Write TRUE if the statement is correct, otherwise write the name of your crush on the blank
before each sentence.
1. __________________There are business plans that are written during the first few years of the enterprise in
order to guide the entrepreneur on which strategies would be most beneficial for the enterprise to take.
2. __________________ Social environment includes the demographics and cultural dimensions that govern
the relevant entrepreneurial behavior.
3. __________________ Political environment is mainly driven by supply and demand forces.
4. __________________ Economic environment includes all natural resources.
5. __________________Ecological environment makes or breaks competing participants in any industry.
6. __________________ Technological environment includes the demographic and cultural dimensions that
govern the relevant entrepreneurial behavior.
7. __________________ The products/services must be described by highlighting the features and attributes
that would most appeal to the target customers.
8. __________________The Business plan should expound on the Enterprise Strategy (ES) by mapping the
competitive landscape.
9. __________________ The EDS starts from the throughput.
10. __________________ The Business plan should also assure the reader that all the necessary local
government ordinances and barangay ethics would be followed by the enterprise.
III. Fill in the blanks. Write the word or group of words to complete each of the following parts of the Business
Plan
I. Introduction
A. The 1. __________________ Concept and 2. __________________Model
B. The Business Goals:3. __________________ , 4.__________________, Objectives, and
5. __________________
C. The Business Offering and 6. __________________
II. 7. __________________ Summary
III. The Business 8. __________________: Organizers with their Capabilities and 9. __________________
IV. The target customers and the Main Value 10. __________________ to the Customer
V. The Market, Market Justification based on the Industry Dynamics and the Macro Environmental Factors
Affecting Opportunities and Threats in the Market, the Size, Potential and 11. __________________ Share of
the Market.
VI. The Product and 12. __________________ Offerings
VII. The Enterprise Strategy and Enterprise Delivery Systems: Business 13. __________________
VIII. The Financial Forecasts and Expected Returns, Risks and 14. __________________
IX. __________________and Regulatory Compliance
X. The Capital Structure and Financial Offering: 15. __________________ and Benefits to Investors,
Financiers, and Business Partners

IV. Enumeration: Give what is asked.

1-5. Macro environment forces
6-17. Rs of Opportunity Screening
Formula of
18. Score
19. Income
20. Assets
21. Payback Period
22. Return on Sales
23. Return on Assets
24-27. Target Customer expectations affecting the scale and complexity of an enterprise’ s operations.
28-30. Investments to be funded

1. __________________ 21. __________________

2. __________________ 22. __________________
3. __________________ 23. __________________
4. __________________ 24. __________________
5. __________________ 25. __________________
6. __________________ 26. __________________
7. __________________ 27. __________________
8. __________________ 28. __________________
9. __________________ 29. __________________
10. __________________ 30. __________________
11. __________________
12. __________________
13. __________________
14. __________________
15. __________________
16. __________________
17. __________________
18. __________________
19. __________________
20. __________________
 LONG TEST
ENTREPRENEURSHIP

Name: ___________________________ Score: _________

Grade and Section: _________________ Date : _________

I. Fill in the blanks. Write the word or group of words to complete each of the following statements. Choose your
answer from the box below.
1. In market research ________________________ know thy market well!
2. The ________________________ should exert all efforts

II. TRUE or FALSE. Write TRUE if the statement is correct, otherwise write the name of your crush on the blank
before each sentence.
11. __________________There are business plans that are written during the first few years of the enterprise in
order to guide the entrepreneur on which strategies would be most beneficial for the enterprise to take.
12. __________________ Social environment includes the demographics and cultural dimensions that govern
the relevant entrepreneurial behavior.
13. __________________ Political environment is mainly driven by supply and demand forces.
14. __________________ Economic environment includes all natural resources.
15. __________________Ecological environment makes or breaks competing participants in any industry.
16. __________________ Technological environment includes the demographic and cultural dimensions that
govern the relevant entrepreneurial behavior.
17. __________________ The products/services must be described by highlighting the features and attributes
that would most appeal to the target customers.
18. __________________The Business plan should expound on the Enterprise Strategy (ES) by mapping the
competitive landscape.
19. __________________ The EDS starts from the throughput.
20. __________________ The Business plan should also assure the reader that all the necessary local
government ordinances and barangay ethics would be followed by the enterprise.

III. Fill in the blanks. Write the word or group of words to complete each of the following parts of the Business
Plan
I. Introduction
C. The 1. __________________ Concept and 2. __________________Model
D. The Business Goals:3. __________________ , 4.__________________, Objectives, and
5. __________________
C. The Business Offering and 6. __________________
II. 7. __________________ Summary
III. The Business 8. __________________: Organizers with their Capabilities and 9. __________________
IV. The target customers and the Main Value 10. __________________ to the Customer
V. The Market, Market Justification based on the Industry Dynamics and the Macro Environmental Factors
Affecting Opportunities and Threats in the Market, the Size, Potential and 11. __________________ Share of
the Market.
VI. The Product and 12. __________________ Offerings
VII. The Enterprise Strategy and Enterprise Delivery Systems: Business 13. __________________
VIII. The Financial Forecasts and Expected Returns, Risks and 14. __________________
IX. __________________and Regulatory Compliance
 X. The Capital Structure and Financial Offering: 15. __________________ and Benefits to Investors,
Financiers, and Business Partners

IV. Enumeration: Give what is asked.

1-5. Macro environment forces
6-17. Rs of Opportunity Screening
Formula of
18. Score
19. Income
20. Assets
21. Payback Period
22. Return on Sales
23. Return on Assets
24-27. Target Customer expectations affecting the scale and complexity of an enterprise’ s operations.
28-30. Investments to be funded

21. __________________ 21. __________________

22. __________________ 22. __________________
23. __________________ 23. __________________
24. __________________ 24. __________________
25. __________________ 25. __________________
26. __________________ 26. __________________
27. __________________ 27. __________________
28. __________________ 28. __________________
29. __________________ 29. __________________
30. __________________ 30. __________________
31. __________________
32. __________________
33. __________________
34. __________________
35. __________________
36. __________________
37. __________________
38. __________________
39. __________________
40. __________________