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EPP 6 Summative Test Overview

1. The document appears to be a summative test for a business or entrepreneurship course, consisting of 20 multiple choice questions. 2. The questions cover topics like different types of entrepreneurs (e.g. lifestyle, social, serial), key aspects of starting a business (e.g. identifying customer needs, creating a product, marketing and selling), and concepts like capital, packaging, and procedures. 3. The test examines students' understanding of entrepreneurship concepts as well as their ability to analyze scenarios and choose the best answer from multiple choice options.
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0% found this document useful (0 votes)
620 views2 pages

EPP 6 Summative Test Overview

1. The document appears to be a summative test for a business or entrepreneurship course, consisting of 20 multiple choice questions. 2. The questions cover topics like different types of entrepreneurs (e.g. lifestyle, social, serial), key aspects of starting a business (e.g. identifying customer needs, creating a product, marketing and selling), and concepts like capital, packaging, and procedures. 3. The test examines students' understanding of entrepreneurship concepts as well as their ability to analyze scenarios and choose the best answer from multiple choice options.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

SUMMATIVE TEST # 1 IN EPP 6

QUARTER I, WEEK 1 & 2

Pangalan: ____________________________________________________________Iskor:
__________________

Direction: Choose the letter of the best answer. Write the chosen letter on a separate sheet of paper.

Jane’s mother is in the market wearing her mask to buy needs for their lunch. She carefully choose the best
quality of vegetables before she pays Aling Thelma, the owner of the stall.
1. Who is the seller in the scenario?
A. Aling Thelma B. Jane C. Mother D. Not mentioned
2. What do you call Jane’s mother as being described in the scenario?
A. buyer B. entrepreneur C. owner of the stall D. seller
3. What characteristic of a buyer is Jane’s mother? being____
A. thrifty in spending B. generous to other people
C. friendly to customers D. sensitive to the quality of the products
4. This type of entrepreneur offers products and services with the overall intention of creating social good.
A. Lifestyle entrepreneur B. Serial Entrepreneur
C. Social Entrepreneur D. Solopreneur
5. Dr. Pas earn more in her online business at this time of pandemic. She is happy to do it because she loves
talking with other people. What kind of entrepreneur she is?
A. Lifestyle entrepreneur B. Serial Entrepreneur
C. Social Entrepreneur D. Solopreneur
6. The avid customers were amazed on the muffins baked by Ms. Tana which are made up of squash and
malunggay leaves. What kind of entrepreneur is she?
A. caring B. helpful C. industrious D. innovative
7. During Covid period, Aling Nena decided to put up a business and will operate alone and manages all aspects
of the business made possible with the use of ICT tools. What kind of entrepreneur is Aling Nena?
A. Lifestyle entrepreneur B. Serial Entrepreneur
C. Social Entrepreneur D. Solopreneur
8. This type pf entrepreneur would set up businesses and bring them to a stage of development.
A. Lifestyle entrepreneur B. Serial Entrepreneur
C. Social Entrepreneur D. Solopreneur
9. What do you call the person who meets the needs and demands of the buyers?
A. customer B. entrepreneur C. end-user D. market
10.Mr. Uy presented his son to his business partners as his successor in his business firm. What kind of
entrepreneurship is done by Mr. Uy?
A. Lifestyle entrepreneur B. Serial Entrepreneur
C. Social Entrepreneur D. Solopreneur
11. Which of the following gives a clear idea on what shall be done in order to produce a product?
A. construction B. market C. plan D. selling
12. What do you call the process of exchanging products for a certain amount of money?
A. marketing B. planning C. producing D. selling
13. What does an entrepreneur must have in order to sell products efficiently?
A. capital B. owner C. plan D. product
14. This is produced by the seller to be consumed by the buyer
A. budget B. market C. product D. store
15. These are containers or other household use to produce the product
A. apron B. capital C. location D. utensils
16. What should be considered to make the product appealing?
A. budget B. packaging C. procedure D. taste
17. A series of action to be done to produce quality product
A. ingredients B. procedure C. evaluation D. budget
18. Why is there a need to identify the demands of your customer? So that you___
A. earn low profit C. can start the good plan of your product
B. identify the materials needed D. know the potential customer
19. What kind of product you should sell?
A. cheap but easily broken B. damaged C. expensive D. quality
20. To ensure that your products can be sold and to find out the needs and demands of your customers you need
to make a
A. plan B. ROI C. quality D. survey

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