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Cooker #2

Total questions: 10

Worksheet time: 3mins

Name
Class
Date
1.

1. Which of the following is not a part of peoples’ basic needs?

a)

recreation

b)

shelter

c)

clothing

d)

food

2.

2. Tony plans to put a “digi-print” studio in their locality. Which of the following will help him determine his plan for a success setting up of his business?

a)

Survey of consumer associations

b)

Checking for similar business to avoid competition

c)

Getting feedback on the quality of service

d)

Conduct a SWOT analysis

3.

3. Cesar studies the population in his immediate community. He is doing this to –

a)

identifies his would be “suki”

b)

predicts his biggest buyer

c)

selects his favorite customers

d)

determines whom to sell his product or service

 

4.

4. Which of the following should be considered first by a prospective entrepreneur in choosing the right location for his/her store?

a)

Type of merchandise

b)

The access of the target customers

c)

The attractiveness of the store layout

d)

The prevailing prices of goods in the area

5.

5. A process of gathering, analyzing, and dispensing information for tactical or strategic purposes is what?

a)

SWOT Analysis       

b)

Environmental Scanning

c)

Needs

d)

Wants

6.

6. What do you call to a marketing practice of creating name, symbol or designs that identifies and differentiates product or services from the rest?

a)

Innovation    

b)

Branding

c)

Generating Ideas for Business

d)

Concepts of Developing a Product

7.

7. What is a believable collection of the most persuasive reasons people should notice you and take the action you are asking for?

a)

Generating Ideas for Business

b)

Unique Selling Proposition

c)

Finding Value

d)

Concepts of Developing a Product

8.

8. Which from the following is not a possible way on how to generate possible ideas for business?

a)

Examine the available resources around you

b)

Examine existing goods and services

c)

Examine how the wants are being satisfied

d)

Examine the present and future needs

9.

9. The introduction of something new in your product or service is about….

a)

Unique Selling Proposition     

b)

Key Concepts of Selecting a Business Idea    

c)

Concepts of Developing a Product 

d)

Innovation

10.

10. When an entrepreneur improves and alter products to make it more appealing to target consumers, he/she is doing an -------- of the product.

a)

alteration

b)

invention

c)

innovation

d)

improvisation