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6. A country’s aging population belongs to the technological force.
False (Demographic)
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15. An online shop adjusts prices because of high inflation. Which force caused this?
Economic
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4. Which is the last step in spotting opportunities?
b) Seizing
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8. What product gets more valuable the less of it exists?
Scarce resources (e.g., gold, oil, water in droughts)
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17. You invest ₱5,000 in a business. After selling, you earn ₱7,000. What is your profit percentage?
40%
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2. A milk tea shop bans plastic straws due to city rules. Which force caused this?
b) Political and Legal
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1. Which macroenvironmental force directly affects people’s spending power?
b) Economic
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7. If consumer tastes suddenly shift, it’s an example of a socio-cultural factor.
True
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9. I disappear the moment you share me. What am I?
A secret
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18. A gadget costs ₱12,000. You give a 20% discount. What is the new price?
₱9,600
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14. GrabFood thrives because people prefer convenience over cooking. Which force explains this?
Socio-cultural
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3. Which internal source of opportunity is most affected if your supplier raises prices?
c) Suppliers
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13. The five microenvironmental sources are: Customers, Suppliers, Resellers, Competitors, and ______.
General Public
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19. Which macroenvironmental force would MOST affect a country shifting from cash to digital wallets?
Technological
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20. What happens if an entrepreneur skips the screening step of opportunity spotting?
They risk choosing the wrong business opportunity.
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10. What business makes the most money when people are sick?
Pharmacy / Medicine seller
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12. ______ forces relate to natural resources needed as business inputs.
Ecological
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11. The 3S of opportunity spotting are: ______, ______, and ______.
Seeking, Screening, Seizing
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5. A competitor’s success can signal a strong demand for the same product.
True
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16. A startup copies a competitor’s app but adds faster delivery. Which internal source gave them the idea?
Competitors
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