TLE 6 Entrepreneurship and ICT - The Buyers and the Sellers

Buying and selling complements each other.

• True

• False

A service is not made available to the buyer/customer every time a good or product is offered for sale.

• True

• False

A seller's personality is one of the main factor in bringing sales in any field of business.

• True

• False

Listen to the buyer/customer attentively.

• True

• False

The seller must be honest to his/her buyers.

• True

• False

These are made of actions or outputs of individuals.

• Goods

• Services

• Quality

• Intangibility

It is a major challenge for food chains to give this uniformly over and over again.

• Goods

• Services

• Quality

• Intangibility

These are manufactured and sold.

• Goods

• Ownership

• Services

• Tangibility

He/She is a merchant who sells directly to the customers for their own use.

• Seller

• Buyer

• Supplier

• Retailer

He/She is a good or product provider.

• Seller

• Buyer

• Supplier

• Retailer