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MARASIGAN INSTITUTE OF SCIENCE & TECH.
Entrepreneurial Behavior
Midterm Exam
Test. 1. MULTIPLE CHOICE: Choose your answer from the given choices. Write only the answer.
1. Entrepreneurs look for challenging opportunities and are not afraid of the possibility of failure.
a. Risk taker
b. Goal Oriented
c. Creative
d. Responsible
2. Entrepreneurs believe in themselves.
a. Creative
b. Responsible
c. Risk taker
d. Self confident
3. Writing, speaking, and listening skills.
a. Communication
b. Human relation
c. Math
d. Basic business
4. Entrepreneurs must get along with others and enjoy meeting and talking to people
a. Communication skills
b. Math skills
c. Basic business skills
d. Human relation skills
5. Computer skills necessary for business functions
a. Creativity
b. Math skills
c. Technical skills
d. Human relations skills
6. A basic understanding of how the economy works and fundamental concept of finance,
marketing, and management.
a. Math skills
b. Technical skills
c. Basic business skills
d. Communication skills
7. Which of the following is not part of the sustainable development Goals
a. Provision of clean water for all
b. Provision of internet services for all
c. Provision of sustainable energy for all
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d. Provision of decent jobs for all
8. Why is education for sustainable development relevant?
a. It enhances career prospects
b. empowers individuals to reflect on their own actions
c. It promotes better understanding about the environment
d. It gives opportunities to individuals to live comfortably
9. Entrepreneurship can be learned by anyone, it’s not something that can simply learn in a
classroom.
a. True
b. False
10. Certain skills, such as communication, delegating and respecting others can only be acquired
through practice and development habits of character.
a. True
b. False
11. Habits of character may not strictly be related to business but are to do with the kind of person
the entrepreneur is and what he/she does.
a. True
b. False
12. An entrepreneur has to have certain cultivated and inherent qualities in order to make success
of his or her venture.
a. True
b. False
13. Hard work and determination to win have made many successful business people to reach their
aspired goals
a. True
b. False
14. An entrepreneur must hesitate for personal or other reasons.
a. True
b. False
15. Business involves many risks, which an entrepreneur must hesitate to take.
a. True
b. False
16. New ideas help make business venture successful.
a. True
b. False
17. Certain attributes are essential for an entrepreneur to establish his or her business on sound
footing.
a. True
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b. False.
18. The only way to acquire the habits essential for entrepreneurs is by acting in a way inconsistent
with them.
a. True
b. False
19. Identify what level of competency: Negotiation Skills
a. Personal competencies
b. Interpersonal skills
c. Business competencies
20. Identify what level of competency: Leadership skills
a. Personal competencies
b. Interpersonal skills
c. Business competencies
21. Identify what level of competency: Persistence
a. Personal competencies
b. Interpersonal skills
c. Business competencies
22. Identify what level of competency: charisma
a. Personal competencies
b. Interpersonal skills
c. Business competencies
23. Identify what level of competency: Resource Management skills
a. Personal competencies
b. Interpersonal skills
c. Business competencies
24. Identify what level of competency: Resiliency
a. Personal competencies
b. Interpersonal skills
c. Business competencies
25. Identify what level of competency: human relation
a. personal competencies
b. interpersonal skills
c. business competencies
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Test ll: Essay
1. How dos a successful entrepreneur learn more about the ‘whys’ and ‘what ifs?’
2. What is an entrepreneurial mindset? Explain with your own words.
3. How to measure mindset?
4. What is the most common reason given for why people choose to become entrepreneurs?
5. What are some characteristics shared by successful entrepreneurs are?

Unformatted Attachment Preview

MARASIGAN INSTITUTE OF SCIENCE & TECH. Entrepreneurial Behavior Midterm Exam Test. 1. MULTIPLE CHOICE: Choose your answer from the given choices. Write only the answer. 1. Entrepreneurs look for challenging opportunities and are not afraid of the possibility of failure. a. Risk taker b. Goal Oriented c. Creative d. Responsible 2. Entrepreneurs believe in themselves. a. Creative b. Responsible c. Risk taker d. Self confident 3. Writing, speaking, and listening skills. a. Communication b. Human relation c. Math d. Basic business 4. Entrepreneurs must get along with others and enjoy meeting and talking to people a. Communication skills b. Math skills c. Basic business skills d. Human relation skills 5. Computer skills necessary for business functions a. Creativity b. Math skills c. Technical skills d. Human relations skills 6. A basic understanding of how the economy works and fundamental concept of finance, marketing, and management. a. Math skills b. Technical skills c. Basic business skills d. Communication skills 7. Which of the following is not part of the sustainable development Goals a. Provision of clean water for all b. Provision of internet services for all c. Provision of sustainable energy for all d. Provision of decent jobs for all 8. Why is education for sustainable development relevant? a. It enhances career prospects b. empowers individuals to reflect on their own actions c. It promotes better understanding about the environment d. It gives opportunities to individuals to live comfortably 9. Entrepreneurship can be learned by anyone, it’s not something that can simply learn in a classroom. a. True b. False 10. Certain skills, such as communication, delegating and respecting others can only be acquired through practice and development habits of character. a. True b. False 11. Habits of character may not strictly be related to business but are to do with the kind of person the entrepreneur is and what he/she does. a. True b. False 12. An entrepreneur has to have certain cultivated and inherent qualities in order to make success of his or her venture. a. True b. False 13. Hard work and determination to win have made many successful business people to reach their aspired goals a. True b. False 14. An entrepreneur must hesitate for personal or other reasons. a. True b. False 15. Business involves many risks, which an entrepreneur must hesitate to take. a. True b. False 16. New ideas help make business venture successful. a. True b. False 17. Certain attributes are essential for an entrepreneur to establish his or her business on sound footing. a. True b. False. 18. The only way to acquire the habits essential for entrepreneurs is by acting in a way inconsistent with them. a. True b. False 19. Identify what level of competency: Negotiation Skills a. Personal competencies b. Interpersonal skills c. Business competencies 20. Identify what level of competency: Leadership skills a. Personal competencies b. Interpersonal skills c. Business competencies 21. Identify what level of competency: Persistence a. Personal competencies b. Interpersonal skills c. Business competencies 22. Identify what level of competency: charisma a. Personal competencies b. Interpersonal skills c. Business competencies 23. Identify what level of competency: Resource Management skills a. Personal competencies b. Interpersonal skills c. Business competencies 24. Identify what level of competency: Resiliency a. Personal competencies b. Interpersonal skills c. Business competencies 25. Identify what level of competency: human relation a. personal competencies b. interpersonal skills c. business competencies Test ll: Essay 1. 2. 3. 4. 5. How dos a successful entrepreneur learn more about the ‘whys’ and ‘what ifs?’ What is an entrepreneurial mindset? Explain with your own words. How to measure mindset? What is the most common reason given for why people choose to become entrepreneurs? What are some characteristics shared by successful entrepreneurs are? Name: Description: ...
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