SWOT stands for

Marites said “ mare tara, mas mura dito”.

Which is not true about entrepreneur?

What maintains the freshness and quality of the product?

It is the only element of the marketing mix that generates revenue, everything else represents a cost.

A good or a service that is created for the purpose of satisfying the need and the want

Define as the employees that execute the service chiefly concerned the matter and skill which they do so.

All of the following should be avoided when deciding for a USP except.

Which of the following marketing mix includes the various methods of publicizing the products or services whether directly or indirectly?

The human workforce involved in the manufacturing process of business.

This refers to the system and step by step process in the business.

This refers to the manufacturing equipment used in the production of goods or delivery of services.

All are characteristics of an effective UNIQUE SELLING PROPOSITION except

Which one of the following is the best explanation of USP?

Arrange the steps in writing a USP. Combine all in one paragraph. Clearly define your promise. List what benefits set you apart. Jot down the problem your product solves. Identify your target audience. Condense it in one sentence.

It is a personality factor which means “doing things even before being told.”

It is a personality factor which means convincing customers to buy the product.

Service requirement is a/an ___________________ thing or product that cannot be touched but customer can feel his fulfillment.

The amount that a customer pays to enjoy it.

Which of the following is NOT a function of an entrepreneur?

Entrepreneur means:

This section of the business plan helps you determine your monetary needs.

Which of the following is not a characteristic of a good business plan?

ROI stands for ______________________

The question “where do you want your business to go?” in business planning is being defined by what component of a business plan?

It is the money earned by the business.

Ryan established a laundry business located in the town proper. Who do you think is his target customers?

COVID-19 pandemic is a national health issue which results to panic buying of people. Which of the following goods people buy the most nowadays?

This part of a business plan gives the overview of the product / service.

It is one way to gather data through a printed questionnaire.

It is the activities of designing and producing the container for a product?

It is done through one -on-one or face-to-face meeting to gather data of a specific person provided with background qualifications.

This part of Business Plan emphasizes the mission and vision of the company.

Sir Ariel created brochures and flyers in promoting his business. What part of business plan does brochures and flyers locate?

Mang Alfredo wanted to put up small business in San Vicente, Alcala, Pangasinan. Based on his survey, most of the population are dual-income families leaves them less time to cook their food. If you are him, what business are you going to put up?

Your barangay is having an increase in incident of house breaking, if you are businessman, what business are you going to engage with?

The following are the impressions that the prototype, model or demo of product or service can give to the customer, except for one.

Which of the ff. is the contribution of the entrepreneur in our Socio Economic Dev’t?

As a future entrepreneur, what would you do to help our country?

Which of the following best describe the need for business opportunity?

A preliminary model or sample of a new product or service that is created to test a product concept or service process.

The entrepreneur must examine every stage of the manufacturing process or every process of the service blueprint to evaluate and finalize costs involved.

The entrepreneur must test a similar line of products or the competitors’ product or service itself to compare and get the best practices to be applied to the new product or service.

The entrepreneur must ensure that the product or service complies with all relevant laws and regulations and has a necessary license or permit to operate a particular business.

Each component of the product or service must be tested independently to identify component failures for goods or service.

In services, entrepreneur must ensure that the processes to be performed by the service provider must not be detrimental to the safety and health of the customer.

SWOT Analysis is used on this component of a business plan

Entrepreneur should come up with this to see whether there are any possible barriers to success.

A business plan should

Who should write a business plan?