1) If an entrepreneur refuses to adopt digital payment systems despite customer demand, even at the cost of losing sales, this person would be considered a: a) Drone entrepreneur b) Fabian entrepreneur c) Imitating entrepreneur d) Innovative entrepreneur 2) A group of entrepreneurs starts a recycling business to address waste problems in their city while earning income. This demonstrates which type of entrepreneurship? a) Imitating entrepreneur b) Social entrepreneurship c) Fabian entrepreneurship d) Innovative entrepreneurship 3) THESE ARE THE RELEVANCE OF ENTREPRENEURSHIP TO AN ORGANIZATION EXCEPT a) Improving Standard of Living b) Development of Managerial Capabilities c) Means of Economic Development d) Creation of Business 4) Which core competency involves telling others clearly what to do and confronting problems directly? a) Assertiveness b) Proactive c) Communicator d) Initiative 5) Which of the following best describes a Fabian entrepreneur? a) Lives on the labor of others b) Hesitant to change, only acts when necessary c) Introduces new ideas and innovations d) Focuses on social impact 6) Which competency means producing work that meets or exceeds existing standards? a) Concern for high quality of work b) Persistence c) Efficiency orientation d) Assertiveness 7) Which core competency involves telling others clearly what to do and confronting problems directly? a) Assertiveness b) Proactive c) Communicator d) Initiative 8) An innovative entrepreneur and a social entrepreneur can be the same person if the new ideas also aim for social impact. a) TRUE b) FALSE 9) A proactive entrepreneur waits for problems to occur before creating solutions. a) True b) False 10) A business owner reduces packaging costs by switching to recyclable materials without lowering product quality. This is an example of: a) Risk taking b) Efficiency orientation c) Opportunity seeking d) Persistence 11) Which position focuses on overseeing HR duties, improving organizational processes, and enhancing quality and efficiency? a) Product Manager b) Operations Manager c) Project Manager d) Marketing Manager 12) Defining the release process and coordinating activities to bring a product to market is the job of a: a) Chief Executive Officer b) Marketing Manager c) Advertising Sales Agent d) Product Manager 13) Which role involves contacting potential clients, making sales presentations, and selling advertising space? a) Marketing Manager b) Advertising Sales Agent c) Product Manager d) Operations Manager 14) A Project Manager’s main responsibilities include initiating, planning, executing, and closing a project. a) TRUE b) FALSE 15) Leading a sales team’s daily activities, managing customer accounts, and designing strategies to boost product sales are key tasks of which career? a) Sales Manager b) Fundraiser c) Business Consultant d) Talent Recruiter 16) Ms. Silva plans to feature the inspiring story of a housewife who built a successful banana-based business. To ensure accuracy, she arranges an in-person interview with the owner. What is her profession? a) Business Reporter b) Talent Recruiter c) New Venture Creator d) Fundraiser 17) Entrepreneurship can be shaped by one’s interests and pursued for many years, making it more than just a temporary activity. Therefore, entrepreneurship is considered a: a) Side line b) Practice c) Habit d) Career 18) Which type of market refers to people who have already purchased your product? a) Prospect customer b) Target market user c) Existing customer d) Market competitor 19) In the steps of market analysis, which step involves studying patterns in buying behavior? a) Analyzing trends and consumer behavior b) Competitor analysis c) Collecting market data d) Identifying target market 20) Which of the following is an example of a prospect customer? a) A loyal Shopee buyer b) Someone comparing Globe and PLDT internet plans c) A store owner unaware of POS apps d) A person who has no interest in your product 21) Market analysis is the process of guessing what customers want without research. a) TRUE b) FALSE 22) What is market analysis? a) The process of selling products b) The process of gathering and assessing data c) The process of making advertisements d) The process of buying goods in bulk 23) Who are target market users? a) People not interested in any product b) People in your market but not looking for a solution yet c) People who already bought from you d) People selling products online

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