G5 4Q Ent Identifying Income N Opportunities at Home

What is entrepreneurship?

• Providing free services to the community

• Selling products without creating them

• Investing in the stock market

• Creating products and services to meet people's needs

Which of the following is an example of a product industry?

• Processed foods

• Printing and machine shops

• Repair and maintenance shops

• Beauty parlors

What do service industries provide to customers?

• Manufactured products

• Repair and maintenance services

• Ready to wear garments

• Toys for children

What can both product and service industries provide for the family and community?

• Entertainment

• Income generating opportunities

• Free products

• Educational services

Which of the following is an example of a service industry?

• Processed foods creation

• Ready to wear garments production

• Food retailing and catering establishments

• Toys manufacturing

What is the main purpose of product industries?

• Meet specialized demands

• Manufacture products for mass market

• Create income generating opportunities

• Provide free products to customers

What type of businesses provide services like repairs and printing?

• Printing and machine shops

• Beauty parlors

• Dress and tailoring shops

• Recreation centers

Which industry involves creating or manufacturing products for individual demands?

• Entertainment businesses

• Service industries

• Product industries

• Recreation centers

What do service industries like food retailing and catering establishments provide?

• Repair services

• Educational services

• Manufactured products

• Food products

What is the focus of entrepreneurship?

• Ignoring customer needs

• Selling products at a loss

• Creating income generating opportunities

• Providing free services