
entrep
Quiz by EUNICE MAY LOPEZ
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He studied how entrepreneurs are motivated to look and innovate better ways of doing business.
These are some of Entrepreneurial competencies or fundamentals
where is the Philippine stock exchange located in?
He created Maslow's hierarchy of needs, a theory of psychological health predicated on fulfilling innate human needs in priority, culminating in self-actualization.
He Describes an entrepreneur as someone who searches for things to change, taking new ideas and trends to make something better.
These are the things you should consider in pricing
creates subsets of a market based on demographics, needs, priorities, common interests, and other psychographic or behavioral criteria used to better understand the target audience.
Is a quantitative and qualitative evaluation of the market.
It is where you get Raw materials and Uses psychological pricing like $199, $299
Divides groups that have similar values and lifestyles.
These are the Types of businesses
Factors that affect consumers decision to purchase products or services
Involves the placement of departments, workstations, machines, and inventory storage within the factory
Regardless of the type of product or service, the price of product or service charge will have a direct impact on the success of the business
This is commonly used by manufacturers, wholesalers, or retailers. It is computed by adding a set amount or certain percentage to the cost of a product.
The target market is composed of consumers with enough purchasing power, and willingness to buy a particular products and services.
Market segments must present measurable purchasing power and size
Product quality is probably the one that gets the highest consideration, especially in the Philippines. Consumers want to make sure they get the value for their money
Business expert peter drucker
Econimist Joseph Schumpeter