Directions. Read each statement and decide if you agree or disagree. Tick YES if you agree and NO if you disagree then write the word/phrases that makes the statement disagreeable. Statements YES NO Word/phrase that makes the statement disagreeable an

1. Needs are necessities of people in order to live such as food, clothing, and shelter. Nowadays, education and health care like medicines are part of human needs.

2. Strength and weaknesses of entrepreneur is not necessary to consider when putting up a business.

3. Demands are request for specific products that the buyer is willing to and able to pay for.

4. Healthy competition among entrepreneurs encourages higher quality of products and services.

5. Purchase raw materials in a store that provides good quality.

6. A manager is someone who can create a new product, willing to take risk and put up the capital needed to set up a business.

7. Conduct a market research about the product, possible clients customers, and location where to put up your business.

8. Managerial is the process of discovering new ways of combining resources, designing a new business, offering a product or services.

9. Packaging must be presentable to increase its saleability.

10.wants are goods or services that people desire or wish to have.People can still live even without these products.Example of wants are jewerly,accessories,nice and expensive shoes.
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