*PASSION *ABILITY TO PLAN

*WILLING TO TAKE RISK *CREATIVE

*LEADERSHIP *SELF-CONFIDENCE

*LISTENING *COMMUNICATION

*MANAGEMENT *OPSTIMISTIC
CHARACTERISTICS SKILL
 CHARACTERISTICS SKILL

1. PASSION 1. ABILITY TO PLAN

2. SELF-CONFIDENCE 2. COMMUNICATION
3. WILLING TO TAKE 3. LISTENING
RISK 4. LEADERSHIP
4. CREATIVE 5. MANAGEMENT
5. OPSTIMISTIC
 FISHERY
PROCESSED
PRODUCTS
1. Which of the following is not an example of peoples basic needs?

a. Clothing
b. Food
c. Recreation
d. Shelter

2. Which of the following should be given priority by prospective entrepreneur

in choosing the right location for his/her store?

a. Access of the target custumers

b. The attractiveness of the store layout
c. The prevailing prices of the goods in the area
d. Types of mercahandise
3. Lawrence plans to put a “Seafood Restaurant” in their locality. Which of the
following will help him determine a successful plan for setting up his business?

a. Checking for similar business to avoid competition

b. Conducting a SWOT analysis
c. Getting feedback on the quality of service
d. Relying on surveys done by consumer associations

4. Why does Eleazar study the population in his immediate community?

He is doing this to_____________________

a. Determine whom to sell his product or service

b. Identify his would be “suki”
c. Predict his biggest buyer
d. Select his favorite costumers
5. When an entrepreneur improves and alters products to make it more
appealing to target consumers, he/she is doing an ________ of the product.

a. Alteration
b. improvisation
c. innovation
d. invention

6. It is a process of gathering, analyzing, and dispensing of information for

tactical and strategic purposes

a. Environmental analysis
b. Environmental evaluation
c. Environmental scanning
d. Environmental differentition
7. Letter “T” in SWOT analysis stands for__________________

a. training
b. threats
c. treats
d. thrust

8. Which of the following is not an example of strength and weakness of a

businesss?

a. competition
b. technology
c. economics
d. profitability
9. It refers to the positive factors that may influence your business.

a. strength
b. competition
c. economics
d. weaknesses

10. It is the basic indicator of the kind of business to raise.

a. needs
b. Education
c. leisure
d. luxury