TLE6- Module 5

1. It is usually given during the store opening, anniversary and Christmas season to invite more buyers of the product.

• A. giveaway

• B. brochure

• C. gift pack

• D. menu

2. It is a general term for any media that requires an electronic device for the content to be accessed.

• A. Electronic media

• B. Internet

• C. Print media

• D. Social media

3. It is an easy way to communicate information on new products to a large group by posting and uploading product details.

• A. Electronic media

• B. Internet

• C. Television

• D. Social media

4. Transit advertising also known as moving billboards are found on the following, except one.

• A. cars

• B. stores

• C. taxis

• D. buses

5. Why is social media or online selling the fastest and easiest way of promoting products?

• A. More potential buyers can receive the information of the product.

• B. More billboards can be viewed in the streets.

• C. More consumers can access the internet.

• D. More information of the product is viewed.

6. Creating a new product should be based on _________________.

• A. the result of research to ensure marketability.

• B. the need of the community.

• C. interested and loyal customers.

• D. the request of potential buyers.

7. What will help you arrive at a reasonable estimate of the needed materials?

• A. Inventory

• B. Time of production

• C. Source and cost of materials

• D. Skill level of workers

8. How can an entrepreneur determine specific product that can be best produce?

• A. through an inventory

• B. through product listing

• C. through a survey

• D. selecting skilled workers

9. What will be needed first before you can mass produce your product or create a new product?

• A. Time of production

• B. Working Capital

• C. The number of skilled workers

• D. Materials needed

10. Why is it important to prepare a plan before deciding to mass produce a product or create a new product?

• A. Time can be managed efficiently.

• B. Successful business outcome

• C. Ensure marketability

• D. All of the above.