LEON GUINTO MEMORIAL COLLEGE, INC.

Atimonan, Quezon

FIRST QUARTER EXAM IN Entreprenuership FOR SENIOR HIGH SCHOOL - B

Mrs. Mavel G. Cueto - Instructor

Name: Strand: Score:

I. Give the meaning of the following: ( 2 pts. )

1. Single Proprietorship –

2. Corporation –

3. Revenue –

4. Costs –

5. Profit –

6. Value Chain –

7. Prototype

8. Business Model –

9. Forecasting –

10. Partnership –

II. Enumeration

1. Forms of Business Ownership

a. c.
b.

2. Factors to be considered in selecting suppliers

a. c.
b.

3. 8 M’s of Operations

a. e.
b. f.
c. g,
d. h.

4. The business model must contain at least of the following:

a. c.
b. d.
III. Word Hunt ( 2pts. )

F O R E C A S T I V Y H J O R
M S R C O R P O R A T I O N A
S F O R E C A S T L K L P T W
F U W E E S T G H U N A C R M
E C P T G M N B T E W I M O A
A D E P B R Y O L C T S A W T
S S O D L D D F F H F F Y K E
I F P C H I T Y U A O P H S R
B Z L E F F E A S I B I L I I
I R E R G R T R T N G H K G A
L R E C R U I T S D Y J H J L
I D E P I H S R E N T R A P S
T F O R E C A S T I N G F J K
Y R E C R U I T M E N T E T Y
B U S I N E S S M O D E L S G
D R G U J J T W F D T W D H L

IV. Discuss the following: (40pts.)

1. Enumerate the 4M’s of operations in relation to business opportunity and give a brief
description of each. ( 20pts.)
2. Explain the concept of value chain in relation to a business enterprise. ( 10 pts.)
3. Explain the importance of and steps in forecasting a firm’s revenues and costs. ( 10pts.)