ENTREPRENEURSHIP

Mid- Term Exam

SMAW 11

NAME: ________________________Year & Sec.________________Date:___________Score:_________

l-MATCHING TEST: Match Column A with Column B. Write the letter of the correct answer on
the space provided before the number.

COLUMN A COLUMN B
_____1.) evaluate the risk level of the business .
_____2.) stopped you from making a costly mistake. a.) market research
_____3.) assess the legal and financial considerations of the project. b.) income projection
_____4.) used to determine whether a proposed projection. c. ) business goals
d.) business plan
_____5.) serve as the aspiration score card of the enterprise managers. e.) cash flow
_____6.) a formula on how the enterprise exactly plans to make f.) performance indicator
money out of the business. g.)expansion possibilities
_____7.) show the future and long term prospects of the enterprise. h.) business concept
_____8.) is a formal written document containing business goals , i.) business model
methods and time frame. J.) feasibility study
_____9.) a plan written prior to setting up an enterprise. k.) entrepreneur
_____10.) contains the essence of the enterprise in a concise l.) strong people skills
but powerful manner. m.) competitive
_____11.) the act of creating a business to generate a profit. n.) key result
_____12.) a person who sets up a business with the aim to sets up a profit. o.) entrepreneurship
_____13.) a quality of a successful business in which they need to win at the p.) objectives
business they created. q.) passion
_____14.) a quality of a successful business to repurpose products r.) zoning
to market to new business. s.) discipline
_____15.) another important traits of an entrepreneur is to love , willing t.) creativity
to work with an extra hours for the success of the business.
_____16.) a specific quality of a successful entrepreneur which focused to
eliminate distraction to the goals.
_____17.) another quality of an entrepreneur who knows how to motivate
good relation and has strong communication to employees
to make the business grow.
_____18.) it is theprocess of dividing land in a municipality into zones to determine
whether planning permission for a given development is granted.
_____19.) it must be specific, measurable, achievable and time bound.
_____20.) are the qualitative manifestation that the objectives are being achieved.

II-ENUMERATION: ENUMERATE THE FOLLOWING:

1-10 What are the parts of a business plan?

11-14 What are the compositions of a business goals?
15-18 What are the objectives of feasibility study ?
19- 28 What are the 10 traits of a successful entrepreneurs?
29-30 Give two reasons why people become entrepreneur?

GOOD LUCK!!!!!!!