Part 1: Directions: Choose the letter of the correct answer. Write your answer on a
separate sheet of paper.
1. It refers to one who takes the risk of creating new enterprises
A Entrepreneurship B. Worker C. Customers D. Entrepreneur
2. It refers to what and how a new product can be modified to meet the market needs.
A. Research & Development
C. Distribution
B. Idea Generation
D. Identification
3. It is an entrepreneur's basis for selecting the best product or service to offer.
A. Government Policies B. Peer Advise C. SWOT Analysis D. Market Need
4. It is a technique for evaluating the performance, competition, risk, and potential of a business
A. Market Analysis
B. SWOT Analysis C. Exploring Ideas D. Product Analysis
5. Market size refers to the estimated number of
A. Competitors
B. Workers
C. Customers
D. Products
Answers & Comments
Answer:
1) B
2)C
3)A
4)A
5)D
Explanation:
HOPE IT'S HELP!
#Fallow back