PRELIM EXAM

Entrepreneur HRM 21 A

Name: _____________________________________ Score: ___________

Section: __________________ Date: ____________

Instruction. Read each statement below carefully. Strictly NO ERASURES.

I. Identification.
________________1. A person who organizes and operates a business or businesses.
________________2. This is a French word meaning to undertake tasks, skills, abilities
and opportunities.
________________3. It refers to an attractive idea which an entrepreneur can choose for
investment with a good basis for assuming the feasibility of the project.
________________4. These are referred to as strong points or good attributes of the
project or the business.
________________5. These are the obstacles that may prevent the business from
achieving its financial objectives which may totally damage the venture and cause its
downfall.
________________6. It is simply defined both an art and a science of converting ideas
into highly marketable goods and services that will improve mans quality of life.
________________7. These are probable problems that a business or entrepreneur
faces like poor management, poor design and inappropriate size.
________________8. These are good chances for future advancement which the
business should take advantage of.
________________9.
________________10.

II. Matching type.

_______1. Micro Enterprise