Which of the following refers to the marketing copy that explains what a product is and why it is worth purchasing?

It represents the final products from the production process and distributed to the customers.

It is a replica of a product.

Which of the following refers to the system of organizations, people, activities, information, and resources involved in moving a product or service from supplier to customer?

Which of the following is the process or activities by which a company adds value to an article, including production, marketing, and the provision of after-sales service?

It is an entity that supplies goods and services to another organization.

Statement I - Skills and expertise are not important in considering manpower.

Statement II - Benefits are the reasons why customers will decide to buy the products.

Statement I - Educational qualifications and experience are one of the criteria in considering manpower.

Statement II - Product to produce is one of the factors to be considered in method or production method.

Statement I - In selecting the type of equipment to purchase, the entrepreneur may consider cost and capacity of the equipment.

Statement II - The purpose of a product description is to supply customers through details around the features and benefits of the product.

It involves the collection, storage, and distribution of product or service to customer.

Involve activities that create awareness among the general public regarding the product.

All those activities that increase the value of product or services.

It deals with receiving, storing and distributing of inputs internally.

These are conversion/transformation of the inputs into finished products / outputs that are sold to the customer.

Irene sells fashion bags online. She gets each bag for P150.00 from a local supplier. She then ads P100.00 as mark-up for each bag. How much is the selling price of each bag?

Aling coring sold 5 pieces of rugs. She bought the rugs for 20 pesos and sold it for 35 pesos. How much is the total cost of goods sold?

Nathaniel sells bottled water in a nearby city bus terminal. Every day he can sell 30 pieces of bottled water at 20 pesos each. How much is Nathaniel's daily sales.

Lina sold all ten t-shirts for 1, 500.00 pesos. Suppose she added 50.00 pesos as mark-up price for every t-shirt. How much was the cost for every t-shirt sold?

Mr. Q is practicing Doctor of Medicine. During the month of March 2019, he received Professional Fees amounting to P 1, 000, 000.00 and total expenses of P 250, 000.00. The net income of Mr. Q is?

The gross profit rate of the entrepreneurial venture is computed by dividing the cost of goods sold by net sales.

The gross profit rate provides information on the cost ratio of the business.

In evaluating the profitability of the entrepreneurial venture, the evaluation must focus on the information reflected on the face of the balance sheet.

The operating profit margin rate indicates information on the percentage of operating expenses on the net sales.

Profit is the money received from the customer in exchange of products given to customer.

The gross profit rate of the entrepreneurial venture is computed by dividing the cost of goods sold by net sales.

The gross profit rate provides information on the cost ratio of the business.

One of the objectives in evaluating the gross profit rate of the business is to determine whether the amount of the gross profit is sufficient to cover the operating expenses.

The operating profit margin rate indicates information on the percentage of operating expenses to net sales.

The net profit margin rate presents the general perspective of the operating performance of the business.

Which office will you go to register your single-owned business?

Which office do you visit to register a partnership or corporation?

To secure a Tax Identification Number (TIN), which office will you go?

Registering your business trade name is done in the office of?

SSS, Philhealth and Pag-ibig fund contributions are made by?