HELE 6 Entrepreneurs Review

Is the creation of products and services by developing and using resources to meet people’s needs.

• food preservation

• entrepreneurship

• agriculture

• marketing

Is the individual who is highly enterprising and can see and evaluate business opportunities.

• politicians

• sales agents

• accountant

• entrepreneur

Are persons who transfer products or services to buyers in exchange for money.

• uber

• talabat

• seller

• buyer

Are persons who agree to purchase products or avail services presented with the prescribed or correct features.

• uber

• talabat

• seller

• buyer

These are necessities of people such as food, clothing, and shelter.

• demands

• wants

• needs

• obligation

These are the products or services that people desire or wish to have.

• demands

• wants

• needs

• obligation

These are the amount of interest in a product or service that consumers are willing to buy or have at a given price and period.

• demands

• wants

• needs

• obligation

Are things needed for survival such as food, water, air, clothing, and shelter

• psychological needs

• physiological needs

• esteem needs

• safety needs

Also important for survival but not demanding as the basic needs.

• psychological needs

• physiological needs

• esteem needs

• safety needs

Include belongingness, love, affection, friendship, attachment, and affliction from family, friends, etc.

• psychological needs

• physiological needs

• esteem needs

• safety needs