Reference no: EM133274450
ENTREPRENEURIAL MANAGEMENT
1. a method of using economic input or resources, like labor, capital equipment, or land, to provide goods and services to consumers.
A. the marketing programs
B. the financial management
C. the production process
D. the management team
2. deals with product demand analysis
A. production and technology
B. financial management
C. management structure and component
D. marketing and distribution system
3. part of a business plan, which describes all of the important aspects of a business, such as its goals, values, mission statement, budget, and strategies.
A. marketing plan
B. management plan
C. financial plan
D. advertisement plan
4. the effective handling of money through planning, organizing, directing and controlling funds in a corporation or for an individual.
A. the marketing programs
B. the financial management
C. the management team
D. the production process
5. refers to the process of creating a new enterprise and bearing any of its risks, with the view of making the profit.
A. businessman/woman
B. entrepreneur
C. entrepreneurship
D. entrepreneurial
6. a single sentence that describes a company's fundamental purpose by explaining why the business exists.
A. objectives
B. philosophy
C. vision statement
D. mission statement
7. serves as a picture of what your company can be and will be in the future
A. mission statement
B. objectives
C. vision statement
D. goals
8. a document that contains the operational and financial plan of a business, and details how its objectives will be achieved.
A. business plan
B. market research
C. management plan
D. action research
9. refers to the place of target market and the approaches to penetrate the market nich.*
A. demographic segmentation strategy
B. promotion and advertising strategy
C. psychographic strategy
D. geographic segmentation strategy
10. the place where you will provide your service or sell your products
A. business layout
B. business location
C. potential market
D. rent and space
11. a process that consists of sectioning the target market into smaller groups that share similar characteristics, such as age, income, personality traits, behavior, interests, needs or location.
A. segmentation
B. market segmentation
C. demographic segmentation
D. psychographic segmentation
12. it refers to the transfer or movements of products from the producer to the ultimate user.*
A. channel of product distributions
B. general competitive practice
C. competitors
D. distribution and cost of transportation
13. a socio-cultural value in the Philippines as well as a phrasing in Filipino language that is either said as an expression of a fatalistic attitude towards life or as a determined one in a challenging situation where things are risky and uncertain.
A. our crab mentality
B. our values of BAHALA NA
C. our values of HIYA
D. the MAÑANA HABIT
14. these phases of business plan refer to the need in making the product or service*
A. financial management
B. management structure and component
C. marketing and distribution system
D. production and technology
15. a chain of businesses or intermediaries through which a good or service passes until it reaches the final buyer or the end consumer.
A. channel of distribution
B. agent
C. wholesalers
D. distributors
16. refers to the categorization of the target market based on specific variables like age, education, and gender.
A. demographic segmentation
B. behavioral segmentation
C. geographic segmentation
D. psychographic segmentation
17. which of the following is NOT the starting point to entrepreneurial success.*
A. have a good accountant or a trusted financial adviser
B. start to be on your own
C. explore the business environment
D. the Filipino values and culture
18. refers to the market segmentation for the distribution of the product or service.*
A. demand analysis
B. market profile
C. program analysis of marketing strategies
D. competitive analysis
19. refers to the volume of production per shift per day or a monthly basis considering target market consumption.*
A. program analysis
B. plant location
C. plant rated capacity
D. production process
20. which of the following factors that must be looked into by the entrepreneur*
A. forming the business enterprise
B. income level of prospective customer
C. the feasibility of the business concept
D. the change in life path
21. results in a very unorganized way of doing things, specifically for office tasks because it affects the overall performance of an employee
A. our values of HIYA
B. our crab mentality
C. the MAÑANA HABIT
D. our values of BAHALA NA
22. known as Magna Carta for Small Enterprise*
A. Republic Act 6977
B. Republic Act. 9501
C. Republic Act 11321
D. Republic Act No. 6810
23. which of the following is treats to product profitability and market expansion *
A. product demand
B. government policies and support
C. entrance of competition
D. presence of poor quality in the market
24. it tells about the product or service that the entrepreneur will offer to its target market.*
A. building and facilities
B. machinery and equipment
C. production process
D. product specification
25. a process of gathering information about the events and their relationship with the internal and external environment of the organization.
A. competitors
B. market potentials
C. environmental scanning
D. market research