SHORT QUIZ ENTREP

Which of the following does not refer to market?

• Market consists of existing customers.

• Market consists of prospect customers.

• Market consists of viability.

• Market consist of target market users.

Which of the following is does not an example of a basic needs of a person?

• Luxury Necklace

• Clothes

• Foods

• House

Which of the following is not a reason for customers to buy a product or service?

• Customers buy products or services for unique, individual values, real or perceived, they believe it will help them fulfill.

• Customers buy products or services because of a benefit, real or perceived, they believe it will offer them.

• Customers buy product or services because of demand.

• Customers buy products or services because of the features included in the purchase.

Which of the following defined as the total of all the buyers and sellers in all areas?

• Market

• Marketing

• Investment

• Planning

One reason why customer can purchase a product or services because they are affordable and within their budget, what type of product needs of a customer?

• Functionality

• Convenience

• Price

• Experience