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WorksheetsENTREP.- F.A #1.1
Total questions: 10
Worksheet time: 8mins
A market is any place where two or more parties can meet to engage in an economic transaction—and should only involve legal tender.
TRUE
FALSE
Market refers to the whole area of operation of demand and supply.
TRUE
FALSE
A market signifies any arrangement in which the sale and purchase of goods take place.
TRUE
FALSE
The market establishes the prices for goods and other services.
TRUE
FALSE
Households living in a remote area.
existing customer
target market users
Karlo, a factory worker, needs transportation.
existing customer
prospect
Arlene, a student of a public school, needs mobile data in order to comply with the requirements in school.
existing customer
prospect
Mike, a sari-sari store owner, wants to go online selling.
existing customer
prospect
Jeep drivers need to modify their jeeps for public transportation.
existing customers
target market user
Ella needs to buy her vitamin C to boost her immune system.
existing customer
prospect
