Preliminary Examination

Name: ________________________________________ Date: ___________

Course Year & Section: _____________________ Score: __________
Instruction: Answer the following questions. Strictly NO ERASURES
are allowed.

I. FILL IN THE BLANK. Write the proper word/s on the blank space to complete the
university vision. (10 points)

The University of Perpetual Help System is a premier University that provides _________
and innovative _____________ process, contents end-results for the pursuit of __________ in
academics, ___________, and research through ____________ partnership and _____________
linkages.

The University takes the lead ___________ as a catalyst for human resource
_____________ and continues to inculcate values a way of ______________ the moral fiber of
Filipino individuals, proud of their race and prepared for ____________ global participation in the
realm of arts, sciences, humanities, and business.

II. MULTIPLE CHOICE: Select the best answer from the choices listed below. Write the
letter of your choice on the space provided. Use CAPITAL letter only. (2 points each)

____1. It is independently owned and operated by only one person.

A. Small business
B. Management business
C. Private enterprise
D. Public enterprise

____2. It refers to the economic activity of a person who starts to manage a business enterprise.
A. Entrepreneurship
B. Entrepreneur
C. Retailing
D. Wholesaling

____3. It is an actual introduction of a new product.

A. Production
B. Innovation
C. Invention
D. Development

____4. It provides services to owners of various appliances.

A. Personal services
B. Repair services
C. Educational services
D. Recreation services

____5. A course of action aimed at ensuring the organization will achieve its objectives.
A. Defining
B. Strategy
C. Forecasting
D. Planning
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____6. It is the process of determining the major objectives of an organization.
A. Management
B. Planning
C. Strategic planning
D. All of the above

____7. This refers to the distinctive competencies, resource, or skill that provides the
organization in a competitive advantage in the market place.
A. Strength
B. Weakness
C. Opportunity
D. Threats

____8. It refers to a current or future condition in the environment that is favorable to the current
or potential output of the organization.
A. Weaknesses
B. Threats
C. Opportunity
D. Strength

____9. This is a negative external force that can lead to a lowering of the performance of the
organization.
A. Opportunity
B. Strength
C. Weaknesses
D. Threats

____10. This refers to a negative international condition that can lead to a lowering of
organizational performance.
A. Opportunity
B. Threats
C. Strength
D. Weaknesses

____11. Refers to the managements vision of what the organization seeks to do and to become.
A. Organizational strategies
B. Vision/mission of the organization
C. Organizational policies
D. Organizational mission

____12. Activities of establishments who do not sell in large amounts to final consumers.
A. Wholesaling
B. Retailing
C. Personal selling
D. None of the above

____13. This refers to the methods for handling specific problems within the organization.
A. Rules
B. Practices
C. Budget
D. Procedures

____14. These are procedures covering one situation only.

A. Procedures
B. Practices
C. Rules
D. Policies

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____15. Descriptions of the steps to take in a given work setting.
A. Procedures
B. Practices
C. Rules
D. Policies

____16. Financial blueprint for a given period of time based on estimated revenues and
expenses.
A. Rules
B. Practices
C. Budget
D. Procedures

____17. Reflects basic beliefs, values, aspirations, and philosophical priorities of the
organization.
A. Philosophy.
B. Policies.
C. Vision.
D. Objectives.

____18. This involves a structured process for integrating individual thinking and group
interaction in order to capitalize on the benefits of both.
A. Interactive technique.
B. Nominal group technique.
C. Delphi technique.
D. Kage bunshin technique.

____19. Refers to ability to see unusual connections between objects or things.

A. Awareness
B. Creativity
C. Originality
D. Flexibility

____20. The reorganization of experiences into new configurations.

A. Awareness
B. Creativity
C. Originality
D. Flexibility

____21. Refers to the responsibility for results.

A. Goal setting.
B. Innovation
C. Accountability
D. productivity

____22. The reorganization of experiences into new configurations.

A. Awareness
B. Creativity
C. Originality
D. Personality

____23. Refers to the differences among people plus the stability of any individuals behavior
over long periods.
A. Awareness
B. Creativity
C. Originality
D. Personality

____24. Refers to the various skills needed to perform the job of the entrepreneur.

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 A. Communications ability
B. Technical knowledge
C. Thinking ability
D. Drive

____25. Refers to the activities of those persons or establishments which sell to retailers and
other merchants.
A. Wholesaler
B. Retailer
C. Wholesaling
D. Retailing

____26. The collection of two or more large bodies of information that become associated with
new unique ways is undertaken.
A. Verification phase
B. Incubation phase
C. Preparation phase
D. Insight phase

____27. Occurs when the creative individual discovers new associations and patters which
provide a useful solution to a problem.
A. Verification phase
B. Incubation phase
C. Preparation phase
D. Insight phase

____28. Refers to the motivation, or willingness to repeat a process until the answer to a
problem is obtained.
A. Drive
B. Fluency
C. Flexibility
D. Originality

____29. Refers to thinking beyond a certain category of ideas.

A. Drive
B. Fluency
C. Flexibility
D. Originality

____30. Refers to the ability of the creative person to come up with a lot of ideas regarding the
problem under consideration.
A. Drive
B. Fluency
C. Flexibility
D. Originality

III. ENUMERATION

A. Types of small business:

1. ________________________________________________
2. ________________________________________________

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 3. ________________________________________________
4. ________________________________________________
5. ________________________________________________

B. Strategies for small businesses by Boseman and Phatak

6. ________________________________________________
7. ________________________________________________
8. ________________________________________________

C. Options when entering a new business

9. ________________________________________________
10. ________________________________________________
11. ________________________________________________

D. Contents of the Tactical Plans

12. ________________________________________________
13. ________________________________________________
14. ________________________________________________
15. ________________________________________________

E. The Entrepreneurs tasks

16. ________________________________________________
17. ________________________________________________
18. ________________________________________________
19. ________________________________________________
20. ________________________________________________

F. Examples of successful innovations

21. ________________________________________________
22. ________________________________________________
23. ________________________________________________
24. ________________________________________________
25. ________________________________________________
26. ________________________________________________

G. Activities at start-up stage of new ventures

27. ________________________________________________
28. ________________________________________________

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 29. ________________________________________________
30. ________________________________________________
31. ________________________________________________

H. Cultural values of Filipinos favorable to entrepreneurship

32. ________________________________________________
33. ________________________________________________
34. ________________________________________________
35. ________________________________________________
36. ________________________________________________
37. ________________________________________________
38. ________________________________________________
39. ________________________________________________
40. ________________________________________________

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