TLE 5 Review

These are activities or processes that are provided for one's expertise, knowledge, and skill in a specific area, a job, a profession, or occupation to create, build improve, shape, and transformed object

• Products

• Services

• Trading

• Manufacturing

It is an example of a service provider for a customer.

• Plumbing

• Car

• Bicycle

• Vegetable

Usually referred to as goods, commodities, or merchandise.

• Products

• Services

• Trading

• Manufacturing

What is the difference between products and Services?

• Products come to customers while customers come to services

• Services are goods and commodities while Products are for using someone's expertise.

• Products and services are both the same

What is the main purpose of any business idea that should be met by the business owners?

• Needs and Wants of the customers

• Group chat

• Friends and Family

• The internet

Which of the following is NOT an example of a product?

• Transportation

• Car

• Snacks

• Clothing

It is called the web address of your business.

• Ancestral Domain

• Web Domain

• Name tag

• Price tag

Why do we need a name tag for our products?

• Tells the customers how much the product cost

• Identifies the product

• The web address of the product

• Enclose the product to protect it

It actually tells us how much the product costs.

• Name tag

• Package

• Web Address

• Price tag

It is exchanging goods with money.

• Saling

• Mailing

• Selling

• Trading