DEPARTMENT OF EDUCATION

CARAGA ADMINISTRATIVE REGION

DIVISON OF DINAGAT ISLANDS
LLAMERA NATIONAL HIGH SCHOOL
Llamera, Libjo, Dinagat Islands

TLE-9
nd
2 QUARTER
ENTREPRENUERSHIP

NAME: __________________________________________ DATE: __________________________

YEAR/SECTION:____________________________________ SCORE: _________________________
I NEED TO BE HONEST BECAUSE GOD IS WATCHING ME
Test I. Multiple Choice
Directions: Answer the following question. Encircle the letter of the correct answer. STRICTLY NO ERASURES
1. A meeting place of people for the purpose of trade by private purchase and sale and usually not auction.
a. Marketing b. Market c. Market research d. Mark Up
2. Is the effort to identify and satisfy customers’ needs and wants.
a. Marketing b. Market c. Market research d. Mark up
3. It refers to the process of setting a price for a product/service.
a. Product b. Promotion c. Pricing d. Profit
4. It refers to goods/services produced for sale.
a. Product b. Promotion c. Pricing d. Profit
5. It means informing your customers of your products and services and attracting them to buy them.
a. Product b. Promotion c. Pricing d. Profit
6. It is gathering of information that ties a small enterprise to its customer.
a. Marketing b. Market c. Market research d. Mark up
7. It means the different ways of getting your products or services to your customers.
a. Place b. Promotion c. Price d. Cost
8. Place is also referred to
a. Retail b. Distribution c. Customers d. Complementary
9. One that purchase a commodity or service.
a. Customer b. Seller c. Dealer d. Supplier
10. The one that offers for sale
a. Customer b. Seller c. Dealer d. Supplier
11. It includes advertising, publicity and personal selling
a. Place b. Pricing c. Product d. Promotion
12. Why conduct a market research?
a. To develop product, price, promotion, place/distribution and people plans
b. To identify problems in their marketplace and discover new opportunities
c. To learn about competitors and how they are marketing their products
d. All of the above
13. How are you going to promote your product?
a. Sell your product in a very cheap cost
b. Give demonstration
c. Do more market research
d. None of the above

Test II. Identification

Directions: Write the word or group being defined or described.
_____________14. Is the way you calculate the total cost of making or selling a product, or providing a service.
_____________15. Is the net income total earnings after expenses are considered.
_____________16. The sum or amount of money or its equivalent for which anything is bought, sold or offered for sale
_____________17. Quantity or number of goods sold or services rendered In the normal operation of a firm in specified
period.
_____________18. The total amount of sales during a specific period, including discounts and returned merchandise
_____________19. Actual payment of cash or cash equivalent for goods or services.
_____________20. These are costs that relate to the running of the business but not directly to the production process.
_____________21. These are costs that are directly related to the level of production.
_____________22. Is the process of establishing the exact amount paid to produce or provide a product or service.
_____________23. These are costs that do not change with the level of production.
_____________24. Refers to cost which are directly connected with the production of products or services.
__________________________25. Formula used in getting the profit
__________________________26. Formula used in getting the revenue
__________________________27. Formula used in getting the expenditure
__________________________28. Formula used in getting the price.

Your Cost 18, 900

Mark up -30% 29.
Seling Price 30.
Your selling Price 31.
Cost 18, 900
Profit 32.

Test III. Enumeration

What are 4 types of cost What are the 4 Ps of marketing

33. 37.
34. 38.
35. 39.
36. 40.

Roles and responsibility of the General assembly Roles and responsibility of the executive committee
41. 44.
42. 45.
43. 46.

Roles and responsibility of the secretary Roles and responsibility of the treasurer
47. 49.
48. 50.

“For I know the plans I have for you,” declares the LORD,”plans to prosper you and not to harm you, plans to give you hope
and future.” Jeremiah 29:11
GODBLESS :-)

PREPARED BY:

GLADEZ L. GALAGARAN
TLE Teacher
 TLE 9 Answers Key

1. B. market
2. A. marketing
3. C. pricing
4. A. product
5. B. promotion
6. C. market research
7. A. place
8. B. distribution
9. A. customer
10. B. seller
11. D. promotion
12. D. all of the above
13. B. give demonstration
14. Costing
15. Profit
16. Price
17. Sales volume
18. Revenue
19. Expenditure
20. Indirect cost
21. Variable cost
22. Costing
23. Fixed cost
24. Direct cost
25. Profit= Revenue-Expenditure
26. Revenue= Price x Sales Volume
27. Expenditure= Material+ Labour + Transportation
28. Price= Cost + Profit
29. 5,670
30. 24, 570
31. 24, 570
32. 5, 670
33. Fixed cost
34. Direct cost
35. Indirect cost
36. Variable cost
37. Place
38. Promotion
39. Pricing
40. Product
41-43. * Has the overall responsibility of the group
 Elects the executive committee members
 Decides on the demand for employment
 Determines monthly savings
 Approves plans and reports
44-46. * IS accountable to the general assembly
 Is collectively responsible for the smooth running of group
 Meets atleast once a week
 Supervise the performance of employee
47-48. * IS the responsible to the chairperson
* Takes minutes
*Prepares reports of the group
49-50. * Participates in preparation of plans
 Register and keeps the property
 Keeps saving books of members