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TLE THIRD QUARTER UPDATED Exam Questions and CORRECT Answers

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TLE THIRD QUARTER UPDATED Exam Questions and CORRECT Answers What does SWOT stand for? - Correct Answer- Strength, Weakness, Opportunity, and Threat What does PECs stand for? - Correct Answer- Personal Entrepreneurial Competencies Which of the following is considered the possible risk in start...

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  • August 17, 2024
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  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • TLE THIRD QUARTER
  • TLE THIRD QUARTER
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TLE THIRD QUARTER UPDATED Exam
Questions and CORRECT Answers

What does SWOT stand for? - Correct Answer- Strength, Weakness, Opportunity, and Threat


What does PECs stand for? - Correct Answer- Personal Entrepreneurial Competencies


Which of the following is considered the possible risk in starting a business? - Correct
Answer- producing a product without prior knowledge and experience


Which of the following is correct about assessing PECs? - Correct Answer- used to identify
the attributes to improve as an entrepreneur


Ana has been managing her own nail salon for two years. Last year, she encountered a
problem which affected the sales of her business. Despite this problem, she never gave up
and continued to make her business successful. What entrepreneurial competency did Ana
possess? - Correct Answer- Persistence


Jane went to a salon and spa which was too noisy because it was located beside the main road
and the room is too small with a lot of chairs. Since she too is interested in salon and spa and
has a little knowledge in this kind of business, a year later she decided to put up a salon
which offers good ambiance and comfort. She used her experience as a customer in deciding
her business. What entrepreneurial competency did Jane demonstrate? - Correct Answer-
opportunity-seeking


Which of the following is not part of generating a business idea? - Correct Answer-
identifying the type of target customer


Categorize the following business elements as Strength, Weakness, Opportunity, and Threat. -
Correct Answer- fresh and less expensive salon opens beside your location - threat


unique and new services offered in the salon - Opportunity


promo rates are given during holidays - strength

,insufficient salon staff - weakness


What steps need to be taken to generate a business idea? - Correct Answer- identify what to
sell


Identify the needs of the community


List all the possible ways on how to sell the products or services


Below are considered important elements in generating a business idea, except - Correct
Answer- brand name


Which of the following business ideas shows that an entrepreneur considers the needs of the
majority of the community? - Correct Answer- There is no regular waste collection here. It
might be a good idea to start a wwaste collection in the area


Which of the following shows a problem-orientated form of business? - Correct Answer- a
salon free from noise


Which of the following business ideas does not show concern for the environment? - Correct
Answer- using chemical fertilizer


Suppose that you are new as an entrepreneur in beauty care services. Even if you don't have
prior experience or knowledge you still want to pursue it. What is the best thing to do in order
to succeed in your chosen business venture? - Correct Answer- ask help from the experts or
attend training


What is the reason why an entrepreneur needs to consider the environmental impact of the
chosen business? - Correct Answer- to make the business sustainable in the long run


Why is there a need for the entrepreneur to assess his/her personal entrepreneurial
competencies? - Correct Answer- for the entrepreneur to improve on his chosen business
venture or career

, Why is there a need for businesses to conduct SWOT analysis? - Correct Answer- to
determine the strategies needed for the business to succeed


Which of the following situations shows the strength of a particular business? - Correct
Answer- I know how to cut hair


Which of the following situations shows show the weakness of a particular business? -
Correct Answer- I do not have a supplier who provides good quality shampoo at an affordable
price


Which of the following situations shows the opportunity of a particular business? - Correct
Answer- Let us cut your hair and donate it to the people in need business concept


Permanent things you can use at a longer time without replacing immediately. - Correct
Answer- tools and implements


Durable and can be used for a particular purpose. Usually using electricity and big spaces. -
Correct Answer- Equipment


Used to bevel and shape the free edges of the nails with coarse and finer sides. - Correct
Answer- Nail file and emery board


Used to cut excess cuticles. - Correct Answer- Cuticle scissors


A large rectangular container used for soaking the fingers to soften the nails and cuticles of
the feet. - Correct Answer- Foot spa basin


A substance used to thin out the nail polish when it has thickened. - Correct Answer- solvent


Sequence the methods in using the nail file. - Correct Answer- Hold the nail file firmly


place the nail file slightly higher


file back and forth

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