ENTREP Q1

Quiz
•
Professional Development
•
12th Grade
•
Hard
Ms. Arlene Alcantara-Okuma
Used 12+ times
FREE Resource
15 questions
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1.
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1 min • 1 pt
Have limited income and by which they want to satisfy their maximum utility (utility is the want satisfying capacity of a commodity)
2.
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1 min • 1 pt
The degree to which a business or activity yields profit or financial gain
3.
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1 min • 1 pt
TRUE OR FALSE: Potential Market is the part of the customers you can capture from the past
4.
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1 min • 1 pt
A place where two parties can gather to facilitate the exchange of goods and services
5.
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1 min • 1 pt
A collection of people who wish to buy a specific product or service
6.
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1 min • 1 pt
TRUE OR FALSE: Potential Market Includes the demographic groups that are currently your customers but could become customers in the future
7.
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1 min • 1 pt
TRUE OR FALSE
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