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Week 3: The Market

Quiz by Camille Garcia-Santiago

Grade 11/12
Entrepreneurship
Philippines Curriculum: SHS Applied Subjects (MELC)

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10 questions
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  • Q1

    Are those who sell non-competing products and which generally help your sales

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    45s
  • Q2

    This refers to the workforce, whom will help a business to produce more products.

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    45s
  • Q3

    Pertains to anything used as inputs to production or manufacturing.

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    45s
  • Q4

    It speaks to the human truth that we prefer products that are easily available and inexpensive.

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    45s
  • Q5

    Refers to the devices and equipment used to perform specific type of work and usually uses energy(electricity) to perform a task.

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    45s
  • Q6

    This may refer to traditional method, such as producing the product manually, or it may be machine-assisted and automated.

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    45s
  • Q7

    Potential customers favor products that offer quality, performance, or innovative features.

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    45s
  • Q8

    It is a marketing concept that believes that the success of a business depends on the marketing efforts that deliver a better value proposition than its competitors.

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    45s
  • Q9

    It is a marketing concept that believes in giving back to society by producing better products that help the world be a better place.

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    45s
  • Q10

    Costumers who buy less, but nevertheless are useful as in aggregate they may buy quite a lot.

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