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Q1 EPP 1st Summative Test

The document is a 20 question summative test on technical livelihood education. It covers topics such as identifying the steps to make simple products, differentiating between needs, wants, demands and services, determining appropriate products based on customer needs and demands, and factors for successful buying and selling of products. The questions test understanding of concepts like production and marketing of goods, customer demand, sound buying practices, and traits of ethical sellers.

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KEVIN BUNAGAN
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39 views5 pages

Q1 EPP 1st Summative Test

The document is a 20 question summative test on technical livelihood education. It covers topics such as identifying the steps to make simple products, differentiating between needs, wants, demands and services, determining appropriate products based on customer needs and demands, and factors for successful buying and selling of products. The questions test understanding of concepts like production and marketing of goods, customer demand, sound buying practices, and traits of ethical sellers.

Uploaded by

KEVIN BUNAGAN
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Technical Livelihood Education

1st Summative Test

Table of Specification

Item
No. of
Objectives Placeme
Items
nt
- Produce simple products to sell 1 1

- Identify the steps in making simple products 1 2

- Differentiate needs, wants, demands, & services 3 3, 4 & 5


- Determining the products based on needs and demands
- Examine products sold based on needs and demands in school and 8 6-13
community
- Identify the different factors to become successful in buying and selling
7 14-20
product
Total 20 20
1. Dorothy collected plastic bottles for his TLE project. What simple product will he make out
of recyclable materials he collected?
a) Bag
b) Book Organizer
c) Door mat
d) Pencil Holder

2. Xandrian wants to make a simple product. What is the first step or guide in making simple
product?
a) Buyer
b) Demand
c) Money
d) Product

3. It means to do WORK that others are willing to pay you to DO.


a) Buyer
b) Demand
c) Seller
d) Service

4. It is an important product that you must acquire.


a) Book
b) Customer
c) Need
d) Want

5. It is a product that you desire but is not important.


a) Customer
b) Like
c) Need
d) Want

6. The __________ depends on HOW MUCH is needed by the customer at one time or at a
certain period of time.
a) Right space
b) right quantity
c) Right quality
d) Right time

7. Which of the following group of things/goods is the basic needs of the family?
a) House, cellphone, foods, clothing
b) House, medicine, foods, clothing
c) House, car, Television, clothing
d) House, laptop, cellphone, medicine
8. Mrs. Reyes will start a food cart business in front of the school. He will sell Turon. What are
the ingredients that she needs to prepare?
a) Ground pork, salt, pepper and Onions
b) Grated cassava, sugar and eggs
c) Lumpia wrapper, banana and oil
d) Powdered milk, evaporated milk and butter

9. The _______ enables the seller or retailer to buy goods when there is a great supply from
manufacturers, producers, and wholesalers. Usually an abundant supply can lower the
prices especially when the demand is low.
a. Right Time
b. Right Space
c. Right Selling
d. Right Quality

10. It refers to one who can afford to buy within his/her resources.
a. Customer
b. Need
c. Producer
d. Seller

11. Success in selling depends largely on the___________.


a) Salesperson
b) Customer
c) Community
d) Family

12. Most products that are in demand in school are__________


a) Clothes and shoes
b) Food and clothes
c) Rice and oil
d) School supplies and foods

13. Products that are in demand in your community


a) Car accessories
b) Furnitures
c) Kitchen utensils
d) Vegetables, rice, meat and fish

14. As a young entrepreneur you should know how to be a good buyer. If you plan to have a
small business, how do you rate a food product?
a) Appearance and price
b) Manufacturer and quality
c) Nutritional value and price
d) Price and brand
15. If you will buy a school bag, what would you choose?
a) Good quality and high price
b) High price and poor quality
c) Low price and good quality
d) Poor quality and low price

16. Sell goods that will meet the ______and ______of the customers
a) Needs and services
b) Needs and satisfaction
c) Quantity and Quality
d) Use and source

17. Which of the following is true about sound buying?


a) Buying at the right quality only
b) Buying at the right sources
c) Buying at the right sources, at the right quality and quantity at the right time and price
d) Buying at the right quantity at the right time

18. What is the principle of buying program of the retailer?


a) Buy one take one of all the goods
b) Buy goods that will meet the needs and satisfaction of the consumers or buyer
c) Free taste on all the food products
d) Sell goods in the lowest price even though you have no profit

19. Being a seller in your community, what traits and duties should you possess?
a) Dishonest in your dealings
b) Do not follow the dictum “The Customer is always right”
c) Give the most satisfactory service to the customer
d) Treat well your customers if they are your friends

20. When you plan to put-up a small business in your community, the product or goods that
you will sell should be________.
a) Affordable with quality
b) Cheap and low-quality
c) Expensive with quality
d) Less quality with high profit
Answer Key:

1. D
2. D
3. D
4. C
5. D
6. B
7. B
8. C
9. A
10. A
11. A
12. D
13. D
14. C
15. C
16. B
17. C
18. B
19. C
20. A

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