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entrepreneurship

Total questions: 10

Worksheet time: 2mins

Name
Class
Date
1.

One-time shallow commitment purchases

a)

Short Term Relationship

b)

Long Term Relationship

2.

Regular purchases based on established relationship

a)

Short Term Relationship

b)

Long Term Relationship

3.

TRUE or FALSE

Disadvantages of short-term relationship is there is NO established trust between the buyer and seller

a)

TRUE

b)

FALSE

4.

TRUE or FALSE

In long-term relationship, buyer and seller can build stronger relationship

a)

TRUE

b)

FALSE

5.

TRUE or FALSE

It's important for seller and buyer to establish good relationship

a)

TRUE

b)

FALSE

6.

Which of the following is a human basic needs?

a)

car

b)

food

c)

travel

d)

gadgets

7.

ENTREPRENEUR a person who owns, organizes and operates a business or businesses.

a)

TRUE

b)

FALSE

8.

What kind of business is shown in the picture?

a)

product

b)

service

c)

hybrid

9.

What kind of business is shown in the picture?

a)

product

b)

service

c)

hybrid

10.

Businesses are important because they provide products and services

a)

TRUE

b)

FALSE