WRITTEN

I. MULTIPLE CHOICE: Read and understand carefully the following statement. Choose the correct answer and write the letter of the corresponding answer on your answer sheet.



1. The following statements tell how environmental scanning is done. Choose from the options the correct

arrangement of the steps in conducting environmental scanning.



1. Note down the needs of the people in the community.

2. For things and services needed, find out what are not available and plan how to develop these into entrepreneurial ventures.

3. Communicate with people through interviews, observations and advertisements on what is new.

4. Check those items which are already available and think how they may improve the packaging

and quality.

A. 4,1,2,3 B. 3,1,4,2 C. 2,4,1,3 D 1,4,2,3



2. The statistical study of human population and its distribution is called _________.

A. Demography B. Ecology C. Photography D. Psychology



3. Environmental scanning is the acquisition and use of information about events, trends and relationships in and organization’s external environment. New products or materials and new processes in doing things are vital aspects of_______________.



A. ecological environment

B. educational environment

C. political environment

D. technological environment



4. As an entrepreneur, the first thing that you should find out are the demands of the community. This refers

to___________.

A. community needs B. Evaluation C. industrial information D. technology



5. How will you determine the needs of the people in your community?

A. conduct an environmental scanning

B. make use of observations

C. make use of surveys and referrals

D. all of the a

E. bove



6. The acronym for SWOT is _________.

A. Style, Wear, Operation, Tool

B. Strengths, Weaknesses, Opportunities, Threats

C. Store, Warehouse, On – line, Technology

D. Supply, Weekly, Opportunities, Time



7. If the people in the community patronize your product, then your business has _______.

A. Operation B. Strength C. Threats D. Weakness



8. When there is competition, then there is a___________ in business.

A. Opportunity B. strength C. threat D. weakness



9. Which of the following questions can be categorized as an opportunity?

A. What could you improve?

B. What are the interesting trends you are aware of?

C. What obstacles do you face?

D. Is it accessible to all?



10. You encounter difficulty in hiring workers due to low salary. This is classified as ________.

A. Opportunity B. strength C. threat D. weakness



11. Is an artificial being created by operation of law having the right of succession and the powers, attributes and properties expressly authorized by law.

A. Partnership B. Sole Proprietorship C. Corporation D. All of these



12. Which of the following is the characteristics of a sole Proprietorship?

A. Difficult in ease of formation

B. Directors set policy and appoint officers.

C. Owner have equal say with regards to the management of the business.

D. The owner decides on the operation of the business.



13. Which of the following is the simplest and easiest enterprise to organize?

A. Partnership B. Sole Proprietorship C. Corporation D. All of these



14. It refers to how a business is structured.

A. Business Organization B. Business Management C. Business Finance D. Business Enterprise



15. Two or more persons who bind themselves into a contract to contribute money, property, and expertise in a common venture with the intention of dividing the profits among themselves.

A. Partnership B. Sole Proprietorship C. Corporation D. All of these



PERFROMANCE

Directions: Think and list your Strengths, Weaknesses, Opportunities, Threats by answering the following questions below. Write your answers inside the corresponding box.





























MY PERSONAL SWOT



STRENGTH





















WEAKNESSES











OPPORTUNITIES



















THREAT​