SAGAYEN NATIONAL HIGH SCHOOL

Sagayen Asuncion, Davao del Norte

FOURTH PERIODICAL EXAMINATIONS

TECHNOLOGY AND LIVELIHOOD EDUCATION II

Name: _________________________________________ Score:____________

Section:_______________________ Date:_____________

Test I. Multiple choice.

Direction: Read the questions carefully and write the letter of the correct answer on the space
provided for.

_____ 1. Tessie is NOT afraid of taking chances for her business even if she is not sure of the
result, what competency does she possess?
a. opportunity seeker c. goal setter
b. risk taker d. good salesman
_____ 2. Alfonso always keeps his promise to his customers, what competency did he possess?
a. persistent initiator c. goal planner
b. committed worker d. risk taker
_____ 3. Which of the following situations does NOT show strength of an entrepreneur?
a. Gloria always sticks to her schedule.
b. Gerald learned from the mistake he committed.
c. Jason did not finish the work that he started.
d. Gabby do all possible means to keep his promise.
_____ 4. Martha bought a bread full mold and the filling has flies, what was consumer right that
has been violated in this situation?
a. Right to continuous supply.
b. Right against foods treated with chemicals.
c. Right to correct information.
d. Right to sanitary processing and handling of foods.
_____ 5. How can consumers make a right choice when making a purchase?
a. By buying items that are endorsed by famous celebrities..
b. By purchasing items that are not planned.
c. By buying items that have a big discount even if it is not a need.
d. By asking one self if the product is really a need and it is of good quality in
affordable price.
_____ 6. What problem will the entrepreneur face when he start a business with inadequate
capital?
a. managerial problem c. marketing problem
b. financial problem d. problem relating to facilities
_____ 7. What entrepreneurial problem does competition and high advertising costs belong?
a. managerial problem c. marketing problem
b. financial problem d. problem relating to facilities
_____ 8. What is the correct way of packing customer’s order?
a. Place everything in just one bag.
b. Separate the soap, shampoo and other products that contain chemicals from food
products.
c. Place cans on top of the box.
d. Place eggs at the bottom of the plastic bag.
_____ 9. Who among the entrepreneurs showed creativity in order to make their product
saleable?
a. Princess placed the Lumpia inside the cellophane.
b. Empress sells Puto with assorted colors.
c. Quennie piled the flowers inside the boxes.
d. Sultana added lunga to the Banana Que that she sells.

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_____ 10. If you are an entrepreneur what is the best way to solve the problem if your business
starts to sink?
a. I will change the business name.
b. I will offer big discounts to selected items.
c. I will renovate the place and make it attractive.
d. I will produce products based on the customer’s needs and preferences.
_____ 11. Why is management an important factor in entrepreneurial activity?
a. To ensure the success of the business.
b. To produce more goods.
c. To be accepted in the world market.
d. To be accepted by competitors.
_____ 12. Mr. Garcia is frustrated because he was not able to realize the goals he had set for
his Pancit factory. One problem that he notice was the workers do not have quality
work, if he will going to apply the behavioral management theory, what will he do?
a. Send employees to training.
b. Give them, productive bonus.
c. Cut-off overtime pay of workers.
d. Close the factory and look for other business.
_____ 13. In business type of ownership, how does corporation differ from cooperative?
a. Corporation is owned by 25 or more individuals but there are only five owners in a
cooperative.
b. Cooperative started when individuals buy on voluntary basis and aimed to produce
basic commodities of members while in corporation, incorporators initiated the
starting capital and shares of stock were sold to interested parties.
c. Corporation is owned by rich people while cooperative is for the poor.
d. Cooperative members may not pay their loans but in corporation members are not
allowed to have loan.
_____14. If in sole proprietorship the business is owned by one person, how many are the
owners of a partnership business?
a. one b. two c. three d. five
_____15. Which of the following types of business ownership that the entrepreneur will suffer
entirely the financial loss if the business will not succeed?
a. sole proprietorship c. corporation
b. partnership d. cooperative
_____16. Which of the following reasons below does NOT show the importance of retailing to
national economy?
a. It is a major source of employment.
b. Taxes paid from retailing add income to national treasury.
c. It serves as a link between the manufacturer and the ultimate consumer.
d. It adds burden to poor families.
_____17. Which of the following entrepreneurial activities is NOT an example of a retail
business?
a. factory c. sari-sari store
b. grocery d. shoe shop
_____18. What do you call the stores that are owned and managed by the same individuals of
corporation and offer the same product line?
a. chain stores c. franchise
b. credit stores d. independent stores
_____19. What is the type of retail outlet wherein the customer pays for the merchandise upon
delivery of the item to his/her home?
a. cash & carry c. credit sale
b. C.O.D d. supermarket
_____20. What is the mode of operation in retail outlets wherein products are sold directly from
the producer to the ultimate user?
a. credit sale c. mail-order
b. direct selling d. vending machine
_____21. What do you call the retail stores which sell different kinds of unrelated commodities?
a. convenience store c. unique store
b. general store d. specialty store
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_____22. Which is the LEAST reason why production planning is important?
a. It identifies needed raw materials, kinds of machines and equipments to be used.
b. It ensures the availability of the supply of the materials.
c. It stops the normal operation due to machine breakdown.
d. Products will be delivered to customers on time.
_____23. Which of following situations do NOT show a characteristic of a good work place?
a. Have adequate water and power supply.
b. Near to market.
c. Have available transportation facilities.
d. Inadequacy of labor supply.
_____24. Which of the following tools described below will you buy for your business and why?
a. I will choose those cheap tools and equipment even if it is low quality so that I can
save money.
b. I will buy imported and expensive tools because I know it is of good quality.
c. I will use the use and through tools because I do not like to keep tools for long.
d. I will prefer to buy tools that are guaranteed with warranty parts and service.
_____25. What is the difference between goods and services entrepreneurial activity?
a. Goods are materials in nature while service is a product of human activity meant to
satisfy human need.
b. Goods are expensive while one will pay lesser for service.
c. Goods are done by experts while services could be done by even inexperienced person.
d. Goods follow a standard while services do not.
_____26.Do you think a student like you can be entrepreneurs?
a. No, because I do not have big capital.
b. Maybe if my parents will support me.
c. Yes, I could use my leisure time and I can start a business that only needs small
capital.
d. I cannot decide yet.
_____27. What does four I’s of service business mean?
a. Intangibility, Inconsistency, Inseparability, Inventory
b. Instant, Invention, Increases, Income
c. Intelligent, Industrious, In-Service ,Income
d. If, I ,Imitate, I can
_____28. What does it mean inconsistency in business?
a. Service is people oriented.
b. Service cannot be stored.
c. Service is definite.
d. Service cannot be duplicated.
_____29. Which of the following situations show that the customer’s order slip is NOT filled-up
correctly?
a. Mariz included the quantity of items ordered by the customer.
b. Myra wrote the price of the ordered items.
c. Joan initialed the order slip after the order has been made.
d. The date of order was not specified in the order slip Maria made.
_____30. Jemielle baked one layer of cake and sliced it into 24 pieces. The total expenses she
made for her cake is Php 60.00 and add 25% mark-up. How much is the peso mark-up?
a. Php 8.00 b. Php 10.00 c. Php 15.00 d. Php 20.00
_____31. Duncan originally sells the ball pen at Php 10.00 but after two weeks of display the
item was not sold, so he marked down at Php 9.00, how many percent is the mark
down?
a. 5% b. 10% c. 15% d. 20%
_____32. How much is the selling price if the original cost of bag is Php 150.00 and it was
added with 20% mark-up?
a. Php 160.00 b. Php 170.00 c. Php 180.00 d. Php 190.00
_____33. What should be avoided when making a poster to advertise a product?
a. Making it simple and attractive .
b. Using misspelled words.
c. It should be made clear and visible.
d. The message provides needed information.
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_____34. What should be remembered when making a price tag?
a. It should have plenty of design.
b. It should have alterations.
c. It should use small letters.
d. It should be seen at the distance of three meters.
_____35. What do you call the way of promoting sales wherein customers are given free
product to try and judge its quality?
a. discounting b. giving away c. prizing d. sampling
_____36. In what way promotion through fashion shows is done?
a. Merchandise is sold in special offer.
b. Merchandise is on discount.
c. Merchandise is exposed to a hotel lobby or in any beautiful place.
d. Merchandise is paraded by professional models.
_____37. What is meant by promotion through media?
a. Asking media men to serve as models in promoting a product.
b. Advertising through newspapers, radio, television etc.
c. Posting big streamers in the streets.
d. Promoting by hiring professional magicians.
_____38. Who among the business owners shows competence of an entrepreneur?
a. Brandon who is strong and good looking.
b. Duncan who is willing to sacrifice relationships just to make money.
c. Jemielle who is always working and do not find time to rest.
d. Orange who is keeps on trying different strategies to improve her goods and
service to people.
_____39. Which is the best way to say to the customers that his order is NOT available?
a. I’m sorry Sir , but your order is unavailable I think you better leave.
b. Sir, why do you insist in ordering what is not available?
c. Just a minute Sir I will let the manager talk to you.
d. I’m sorry Sir , but your order is not available ,why don’t you try our specialty,
maybe you will like it.
_____40. Which of the following situations do NOT show courtesy and efficiency when serving
customers?
a. Greeting them with a smile.
b. Bidding them goodbye and inviting them to come again.
c. Leaving them attended because you are fixing the displays.
d. Being patient while the customers make their choices.

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