First Quarter Test for TLE 6

It is an act of exchanging something such as goods and services for the purpose of profit.

• Demanding

• Buying

• Selling

• Prospecting

Manang Fely had just opened a karinderia in their neighborhood, she welcomes and accommodates her customers warmly and thank them when they leave. Which step in selling did Manang Fely show?

• Presentation

• Prospecting and Qualifying

• Follow-up

• Pre-approach

You plan to put up a business in your community, what should you do to know the needs and demands of the people in your community?

• Make guess of the needs and demands.

• Call for a meeting in the community.

• Go to the barangay hall and ask the barangay officials.

• Make a survey or interview the people in the community.

In making 'pancake', what ingredients are to be mixed?

• sugar, flour, egg

• salt, egg, baking, margarine

• flour, sugar, margarine, egg

• sugar, baking, margarine, flour, egg

Before putting up a business, you need to conduct a survey that could help you start your buying decision process. What data are most needed in the survey?

• products that are bought by rich people

• products with lowest sales and reasons for low demand

• products with highest sales and reasons for high demand

• products that are usually bought by farmers and government employees

If you are an owner of a sari-sari store in a remote place near a school, which of the following set of items would you sell to address the needs of customers?

• pencil, ballpen and paper

• meat, vegetables, plastic wares

• tables, wooden chairs and cabinets

• basic phones, designer clothes, toiletries

A seller or retailer must develop a sound buying and selling program to ensure profit and good service. Which of the following principles should a good buying program be based?

• buy low-cost products

• buy high quality products

• buy the needs and demands of rich customers

• buy goods that will meet the needs and satisfaction of customers

Your family plans to put up a business in your community that is near to a school. What appropriate products are you going to sell?

• construction materials

• educational supplies

• shoes and clothing

• toys and gadgets

Mr. and Mrs. Camilo own merchandise to cater the needs of the farmers in their community. What do you expect to see inside their store?

• aggregates

• gadgets

• RTWs and shoes

• seeds and fertilizers

You are a business-minded person, and you live in a community where other business people had put up educational supply stores, sari-sari stores, construction materials and fertilizer stores. What kind of business are you going to put up also to meet the immediate demands of your potential customers?

• canteen or an eatery

• bookstore

• aggregate shop

• furniture shop