Answered: 1. An entrepreneur does their best to…

Principles Of Marketing

17th Edition

ISBN:9780134492513

Author:Kotler, Philip, Armstrong, Gary (gary M.)

Publisher:Kotler, Philip, Armstrong, Gary (gary M.)

Chapter1: Marketing: Creating Customer Value And Engagement

Section: Chapter Questions

Problem 1.1DQ

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Multiple Choice: Read carefully each statement and encircle the correct answer 1. An entrepreneur does their best to satisfy customers and to deliver what is promised. What entrepreneunal competencies are being described? a. Demand for efficiency and quality c. Goal Selling b. Risk-laking d. Persistence 2. Ms. Cristy Ternate is the owner of the bus company first love travel and lours. She requires to be an effective and efficient communicator in her company. Also, in her job. It meeds a good relationship with their customers. What skill of an entrepreneur is being described? a. Decision Making c. Planner b. Discipline d. People Skills 3. Due to the pandemlc that we now experience it has an adverso allocl on pnce hike in raw material and supplies, fare hike due to the price of oil. As an entrepreneur on this change, we are affected because of a sudden change in the price of the raw materials. What kind of characteristics of an entrepreneur is being described? a. Ability to accept change c. Committed b. Creative d. Soll confidence 4. Kylie is a housewife with 5 children. Also, Kylie is an onkne seller that supply bedsheet, bed cases and other smal things in a hotel or transient house Kylie is an example of Online Seller c. Entrepreneur b. Entrepreneurship d Supplier 5. Ronnle Sally is a teacher who supplies uniforms and other materia's need in facully cooperative He learned from his teachers to be smart in making business decisions What entrepreneurial competences are being desenbed? a Information seeking e Persuasion and Network b. Goal Setting d. Opportunity seeking 6. In the news today announced that the price of the vegetable drop into 2 pesos per kilo in Benquet while in the primary market like Balintawak has a price hike However, despite this scenario, the Benguet fammer will continue to produce their product. The farmer character is the best example of a. Information seeking b. Goal Selling + Persuasion and Network d Opportunity seeking 7. Alson Tapiru wants to expand her online business due to the increase in demand for her milk tea Alison has a character is the example of a Information seeking ¢ Persuasion and Network b. Goal Setting d Opportun ty seeking B. Danny Malicdem attend the different seminar and training to upgrade his services. He has a charaderistic of good a. Information seeking b. Goal Setting e Persuasion and Nelwork d. Opportun ly seeking 9. Richmond Alegre make an action plan for development of new product. His action show as a. Information seeking b. Goal Setting c. Persuasion and Network d. Systemate, Planning and monitoring 10. Kim Ty is one of the TikTok video sensations. While doing her TikTok video she announces diferent product she used in malntaining her younger outlook, this action is an example of a. Information seeking e. Persuasion and Network b. Goal Setting d. Systematic Planning and monitoring

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