Environment and Market
Authored by jerold b
Business, Other, Social Studies
10th Grade
Used 530+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
This is generated by examining the goods and services sold in the community.
Business Creation
Business Pricing
Business Concept
Business Idea
2.
MULTIPLE SELECT QUESTION
10 sec • 1 pt
A process of making a new product to be sold to the customers.
Product Analysis
Product Conceptualization
Product Development
Product Implementation
3.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
These are luxuries, advantages and desires that every individual considers beyond necessity.
Wants
Desires
Requirements
Needs
4.
MULTIPLE SELECT QUESTION
10 sec • 1 pt
This is the factor or consideration presented by a seller as the reason that one product or service is different from and better than that of the competition.
Unique Selling Plan
Unique Selling Proposition
Unique Pricing Policy
Finding Value-added
5.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
In this stage, the needs of the target market are identified, reviewed and evaluated
Concept Development
Economic Analysis
Project Development
Refine Specification
6.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
This is the introduction of new ideas to make the product and services more attractive and saleable to the target customers.
New Idea
Creativity
Product Development
Innovation
7.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
A managerial tool used to assess the environment and to gather important information that can be used for strategic planning.
Environmental Scanning
SWOT Analysis
Survey Analysis
WOTS Analysis
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