People distribute, promote, price, and sell the products in the most attractive market places.

Promotion of a product can include all of the following except

One of the aims of promotion is to:

Before deciding on the most appropriate advertising media, it is important to

Which of the following is an advantage of television advertising?

Which of the following is not an element of the Marketing Mix?

Which company is a good example of a business with a large product width?

Which of the following can best improve a company's image?

What is it called when companies increase their product offerings by adding new product lines, items, or services?

What do we call all of the different items that a company makes or sells?

Which phase of the product life cycle experiences and increase in new competition?

Clustering of competitor establishments. The location traffic generally composed of your target customer?

People aim to please the customers through continuing service and product enhancements long after the customers have bought the product.

Enterprise can use several people or organizational modalities to arouse the interest of customers

Image and location conditions, a certain location might not have the most customers or the best economics in the short term, but it might become a central business hub within the next five years. Watch out for signs of development like a construction boom or a new shopping mall nearby.

Entrepreneurship is the art of turning an idea into business.

An entrepreneur must be able to determine the price that comes with the location because it will spell out the success or failure of the business.

In finding a good location, one needs to know the number of customers residing or working in the area, and the number of customers who frequently pass through the area.

Fiscal and regulatory requirements. An entrepreneur would want to set up shop in a town or city with low tax rates, good governance, excellent infrastructures, and great public services

Clustering of competitor establishments. This refers to the physical look of a location, sanitary conditions, crime and safety levels,

What business category will you venture if you want to put up a grape farm for commercial and as a tourist attraction?

Julie had stop working because of the pandemic. She wanted to teach online so that she can still have income. What business category will she be in?

LBC, J&T, Ninja Van and Air21 are businesses that fall under what category?

Manang Martha attended a seminar-workshop on how to make chicken embutido. Upon completion, she wanted to engage right away in the production and selling of her product. What is the category of Manang Martha’s business?

Mr. Delfin Chua just retired from being an employee of a private company. He purchased an 18 – seater van and he wants it to turn into a public utility vehicle. What business venture will Mr. Chua undertake?

It can lead you to make many mistakes, bad decisions, and let your inner beast go on rampage.

Setting some boundaries in advance. Remember what is truly most important.

It is empowering people to do awesome work for you, they might not 100% like you, but they generate even better result.

It is a real or virtual movement of money. The most common reasons for new business failures.

In business or entrepreneurship, some times it is better for you to take a break and go on a vacation. This statement tells you to:

Risk-bearing is able to assume the risk involve in the enterprise.

An entrepreneur is an organizer

What is the formula for market size?

It is the highest price that a willing customer will pay for a good/service and the lowest price that the willing seller will sell.

It is a market size by sales volume measures the amount of good sold by quantity.

Companies are interested to know this before launching a new product or service in an area.

It is calculated by taking away the company’s sales over the period and dividing it by the total sales of the industry.

It is a place or process which allows buyers and sellers to meet and exchange goods, service and information.

These are the named and unnamed needs of your customer.

Thinking of your business, investor needs to identify it first before starting the business

Which of the following products is tangible?

It is non-material action resulting in a measurable change of state cause by the provider.

These are any creation of the intellect that has commercial value.

It is a products or goods that does not have physical nature

An Entrepreneurial mind that change new knowledge into something very useful and working product.

An Entrepreneurial mind that thinks about and designs a product.

A business owned by at least 15 individuals called members

A business that could be classified in more than one type of business

The business where owners are called shareholders.

Grocery stores, convenience stores, and ice cream vendors