entrepreneurship

One-time shallow commitment purchases

• Short Term Relationship

• Long Term Relationship

Regular purchases based on established relationship

• Short Term Relationship

• Long Term Relationship

TRUE or FALSE

Disadvantages of short-term relationship is there is NO established trust between the buyer and seller

• TRUE

• FALSE

TRUE or FALSE

In long-term relationship, buyer and seller can build stronger relationship

• TRUE

• FALSE

TRUE or FALSE

It's important for seller and buyer to establish good relationship

• TRUE

• FALSE

Which of the following is a human basic needs?

• car

• food

• travel

• gadgets

ENTREPRENEUR a person who owns, organizes and operates a business or businesses.

• TRUE

• FALSE

What kind of business is shown in the picture?

• product

• service

• hybrid

What kind of business is shown in the picture?

• product

• service

• hybrid

Businesses are important because they provide products and services

• TRUE

• FALSE