Quiz 2 in Entrepreneurship 9

Identify the available raw materials in your community.

• A. Environment

• B. Behavior of the Product

• C. Location of the Business

• D. Production Plan

Look into market trends.

• A. Environment

• B. Behavior of the Product

• C. Location of the Business

• D. Production Plan

The distance of the market to the source of the raw materials must be determined.

• A. Environment

• B. Behavior of the Product

• C. Location of the Business

• D. Production Plan

One must list down all the needed workers in the business then the salaries or wages

• A. Environment

• B. Behavior of the Product

• C. Location of the Business

• D. Organizational Plan

Consider the number of products to be produced to meet market demands.

• A. Environment

• B. Behavior of the Product

• C. Location of the Business

• D. Production Plan