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50 questions
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  • Q1

    Buyer is defined as "a party which acquires, or agrees to acquire, ownership (incase of goods), or benefit or usage (in case of services), in exchange for money or other consideration under a contract of sale."

    False

    True
    30s
  • Q2

    Seller is defined as " a party that makes, offers or contracts to make a sale to an actual or potential buyer."

    True

    False

    30s
  • Q3

    A buyer is someone who makes a purchase while seller is someone who sells something.

    True

    False

    30s
  • Q4

    To be a successful seller, you must not consider building relationship to buyers.

    True

    False
    30s
  • Q5

    An entrepreneuralso buys the raw materials to create a product that he would like to sell.

    True

    False

    30s
  • Q6

    An entrepreneur can be both a buyer and a seller.

    False

    True
    30s
  • Q7

    Buying process is the series of steps that a consumer will take to make a purchasing decision.

    True

    False

    30s
  • Q8

    A want is an important product that you must acquire while a need is a product that you desire but is not important.

    False

    True

    30s
  • Q9

    One of the unique product that could be easily sell is making Polvoron.

    False

    True
    30s
  • Q10

    In selling process the first thing you must do is to conduct prospecting and qualifying of buyers of your product.

    True

    False

    30s
  • Q11

    __________ is a web application that allows collaborativeediting of its content and structure

    Blogsite                                       

    email

    Wiki

    30s
  • Q12

    Wiki allows users to __________________________ content that is posted on the website.

    add, edit or delete                                           

    delete     

    change

    30s
  • Q13

    __________ does not allow others to modify the original material posted on the website.

    gmail   

    Wiki

    Blog

    30s
  • Q14

    The term wiki comes from the word wiki wiki which means "___________" in Hawaiian. The first wiki was created by Ward Cunningham in 1995.

    slow

    quick                                                  

    easy        

    30s
  • Q15

    The most popular wiki is the ______________.

    Wikipedia

    Encyclopedia                                   

    Merriam Websters

    30s

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