BGE INTRO TO BUSINESS

A good thing about buying online is...

• It is open 24/7

• You can get scammed

• It is expensive

Which 'P' from the marketing mis is being describe?

"How much it costs to purchase a product"

• Product

• Price

• Place

• Promotion

Which 'P' from the marketing mis is being describe?

"How consumers find out about your product/service "

• Product

• Price

• Place

• Promotion

Which 'P' from the marketing mis is being describe?

"Where a business chooses to set up"

• Product

• Price

• Place

• Promotion

Target market means...

• A group of consumers who buy products at a market. 

• A group of consumers that a product is aimed at. 

• Dividing consumers up into group. 

Give an example of a target market.

Evaluate responses using AI:

OFF

An entrepreneur is: 

 

“A person who sets up a business and takes risks in the hope of making money”. 

• True

• False

A partnership is an agreement between two or more people to manage a business and share its profits. 

• True

• False

Which sector of economy does this business belong in?

• Public

• Private

• Third/Voluntary

Which sector of economy does this business belong in?

• Public

• Private

• Third/Voluntary