TLE 6 [4th Quarter Assessment]

An entrepreneur offers products based on the need or demand of the target market.

• True

• False

The product cannot be sourced or manufactured.

• True

• False

Market is referred to a group pf consumers the entrepreneurs identified as people who are most likely to use the entrepreneur's product.

• True

• False

An entrepreneur cannot be a buyer and seller when starting a business.

• True

• False

A seller purchases a product for his/her needs and the seller offers for a price a product.

• True

• False

The one sourcing for raw materials.

• Distributor

• Manufacturer

• Store owner

• Customer

He/She delivers the additional stocks of rubber shoes to the store owner.

• Supplier

• Customer

• Store owner

• Distributor

He/she offers the latest model of a rubber shoes.

• Supplier

• Customer

• Store owner

• Distributor

He/she is the one who places the orders from a manufacturer.

• Supplier

• Customer

• Store owner

• Distributor

He/she is the one who is persuaded to try the latest model.

• Supplier

• Customer

• Store owner

• Distributor