QUIZ 2 PRELIM

A person that possesses various skills in terms of marketing, communication, and strategically has the potential demand for the goods and services whether as a sole proprietor, with partners, and within a corporation.

It is a combination of land, labor, natural resources, and capital that can produce a profit.

It provides a holistic view of the business as a whole and is especially useful in running a comparative analysis on the impact of an increase in investment may have on any of the contributing factors.

It is used as a holistic view of the business as a whole, and allows anyone to understand the business and the process of making connections between what your idea is and how to make it into a business.

It tells you what type of services you should be focusing on, what clients you want to work with, and what important information your marketing should include. And it’s the primary reason a prospect should buy from you.

These are known on how you are going to deliver the value propositions to your customers through communication, distribution, and sales.

To create an irresistible product or service, one needs to know who they are selling to.

• TRUE

• FALSE

It makes a great effect on customer management by dividing customers into different groups that share similar needs.

Evaluation enables customers to have ideas and information about the use and benefits of the products.

• TRUE

• FALSE

Business plan is the same with Business Model

Canvas.

• TRUE

• FALSE