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FORMATIVE ASSESSMENT Multiple Choice: Read and answer each statement carefully then write the letter of the best answer on a separate sheet of paper. 1. Who acts as a coordinating agent in a capitalist economy? C. Entrepreneur A. Manager B. Finance Officer D. Broker 2. Which of the following is not a definition of Entrepreneurship? A. It creates opportunities, ensures social justice, instills confidence and stimulates the economy. B. It is an inmportant part of the economic growth strategies of many local and national governments around the world. C. Refers to a person who sets up a business with the aim to make a profit. D. The act of creating a business or businesses while building and scaling it to generate a profit. 3. Which of the following is a relevance of Entrepreneurship to SHS Students? A. It generates new wealth in an economy. B. aids students from all socioeconomic backgrounds to think outside the box. C. It creates opportunities and ensures social justice. D. It creates job. 4. Whici statement is not correct about the status of entrepreneurship in the Philippines? A. The number of business establishments formed every year would generally show an increasing trend. B. N-entrepreneurs are people who can secure resources such as technology and information to gain distinct, sustainable, competitive advantages. C. In 2005, the top 50 Philippine corporations in terms of sales could be broken down into 25 private domestic firms, 20 foreign firms, and 5 government-owned and/or controlled corporations. D. The 22 companies could be identified with 11 families and individuals, mostly Filipinos of Chinese ethnic background. 5. Which of the following words is not associated with entrepreneur? A. innovative C. collaborative B. impulsive D. Creative

FORMATIVE ASSESSMENT Multiple Choice: Read and answer each statement carefully then write the letter of the best answer on a separate sheet of paper. 1. Who acts as a coordinating agent in a capitalist economy? C. Entrepreneur A. Manager B. Finance Officer D. Broker 2. Which of the following is not a definition of Entrepreneurship? A. It creates opportunities, ensures social justice, instills confidence and stimulates the economy. B. It is an inmportant part of the economic growth strategies of many local and national governments around the world. C. Refers to a person who sets up a business with the aim to make a profit. D. The act of creating a business or businesses while building and scaling it to generate a profit. 3. Which of the following is a relevance of Entrepreneurship to SHS Students? A. It generates new wealth in an economy. B. aids students from all socioeconomic backgrounds to think outside the box. C. It creates opportunities and ensures social justice. D. It creates job. 4. Whici statement is not correct about the status of entrepreneurship in the Philippines? A. The number of business establishments formed every year would generally show an increasing trend. B. N-entrepreneurs are people who can secure resources such as technology and information to gain distinct, sustainable, competitive advantages. C. In 2005, the top 50 Philippine corporations in terms of sales could be broken down into 25 private domestic firms, 20 foreign firms, and 5 government-owned and/or controlled corporations. D. The 22 companies could be identified with 11 families and individuals, mostly Filipinos of Chinese ethnic background. 5. Which of the following words is not associated with entrepreneur? A. innovative C. collaborative B. impulsive D. Creative

Principles of Economics 2e
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter1: Welcome To Economics!
Section: Chapter Questions
Problem 25CTQ: Why is it unfair or meaningless to criticize a theory as unrealistic?
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FORMATIVE ASSESSMENT Multiple Choice: Read and answer each statement carefully then write the letter of the best answer on a separate sheet of paper. 1. Who acts as a coordinating agent in a capitalist economy? C. Entrepreneur D. Broker 2. Which of the following is not a definition of Entrepreneurship? A. Manager B. Finance Officer A. It creates opportunities, ensures social justice, instills confidence and stimulates the economy. B. It is an inmportant part of the economic growth strategies of many local and national governments around the world. C. Refers to a person who sets up a business with the aim to make a profit. D. The act of creating a business or businesses while building and scaling it to generate a profit. 3. Which of the following is a relevance of Entrepreneurship to SHS Students? A. It generates new wealth in an economy. B. l aids students fron all socioeconomic backgrounds to think outside the box. C. It creates opportunities and ensures social justice. D. It creates job. 4. Whici statement is not correct about the status of entrepreneurship in the Philippines? A. The number of business establishments formed every year would generally show an increasing trend. B. N-entrepreneurs are people who can secure resources such as technology and information to gain distinct, sustainable, competitive advantages. C. In 2005, the top 50 Philippine corporations in terms of sales could be broken down into 25 private domestic firms, 20 foreign firms, and 5 government-owned and/or controlled corporations. D. The 22 companies could be identified with 11 families and individuals, mostly Filipinos of Chinese ethnic background. 5. Which of the following words is not associated with entrepreneur? A. innovative C. collaborative D. Creative B. impulsive Congratulations!!! You are done in this module. You may now
Transcribed Image Text:FORMATIVE ASSESSMENT Multiple Choice: Read and answer each statement carefully then write the letter of the best answer on a separate sheet of paper. 1. Who acts as a coordinating agent in a capitalist economy? C. Entrepreneur D. Broker 2. Which of the following is not a definition of Entrepreneurship? A. Manager B. Finance Officer A. It creates opportunities, ensures social justice, instills confidence and stimulates the economy. B. It is an inmportant part of the economic growth strategies of many local and national governments around the world. C. Refers to a person who sets up a business with the aim to make a profit. D. The act of creating a business or businesses while building and scaling it to generate a profit. 3. Which of the following is a relevance of Entrepreneurship to SHS Students? A. It generates new wealth in an economy. B. l aids students fron all socioeconomic backgrounds to think outside the box. C. It creates opportunities and ensures social justice. D. It creates job. 4. Whici statement is not correct about the status of entrepreneurship in the Philippines? A. The number of business establishments formed every year would generally show an increasing trend. B. N-entrepreneurs are people who can secure resources such as technology and information to gain distinct, sustainable, competitive advantages. C. In 2005, the top 50 Philippine corporations in terms of sales could be broken down into 25 private domestic firms, 20 foreign firms, and 5 government-owned and/or controlled corporations. D. The 22 companies could be identified with 11 families and individuals, mostly Filipinos of Chinese ethnic background. 5. Which of the following words is not associated with entrepreneur? A. innovative C. collaborative D. Creative B. impulsive Congratulations!!! You are done in this module. You may now
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