Questions


August 2022 1 2 Report
What do you call the person who meets the needs and demands of the buyers? 

A.customer

B.market

C.entrepreneur

D.end-user

6. Edz bought egg, rice and can goods to Super 8’s Grocery. Edna is called__________. 

A.seller

B.buyer

C.creditor

D.debtor

7. The seller must possess the following quality except; 

A.As a person he/she must be in good health, possess character such as being cheerful, honest and prompt in attending his costumers.

B.He/She must think on how to gain more profit than services

C.Must have pleasing personality

D.He/she must have an adequate knowledge of what he/she is selling, can compute the cost of his product, determine its selling price and profit.

8. Are you creative and resourceful? If yes, what product can you make out of old newspapers? 

A.bag & wall decor

B.wall decor

C.door mat

D.bags

9. Ave wants to make a simple product. What is the first step or guide in making simple products? 

A.Create the product

B.Decide what materials to use

C.Design your product

D.Advertise your product

10. Which of the following of things/goods is the basic need of the family? 

A.House, cellphone, foods, clothing

B.House, laptop, cellphone, medicine

C.House, car, television, clothing

D.House, medicine, foods, clothing

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