Professional Documents
Culture Documents
Quiz 4
Quiz 4
Quiz 4
Department of Education
REGION V
SCHOOLS DIVISION OFFICE OF CATANDUANES
MANAMBRAG NATIONAL HIGH SCHOOL
MANAMBRAG, SAN ANDRES, CATANDUANES
Entrepreneurship
Name: __________________________________________________________________
Date: _______________ Grade: ______________ Section: ___________________
(Use this for your answer sheet)
Topic: Determine the possible product/s or service/s that will meet the need.
Assessment 3.5
DIRECTIONS: Determine whether the statement is TRUE OR FALSE. Write TRUE if the
statement is correct and write FALSE if otherwise. Write your answer in the space provided.
____________1. Market size is the number of individuals in a certain market segment who are potential
buyers.
____________2. Customer is a person or organization that uses a commodity or service
____________3. Asking what related products will customers need in the future is helpful in identifying
potential markets.
____________4. To determine the potential market is not helpful for business future growth.
____________5. To know the demographic information that people have in common is a way of reaching
a potential market.
____________6. Existing customers are people who have already purchased your product.
____________7. Need is a motivating force that compels action for its satisfaction.
____________8. Target market users are people who have not yet purchased your product but are
considering it.
____________9. Available market refers to a group of potential customers to whom a company wants to
sell its products and services.
____________10. Penetrated Market is a set of customers or clients who are already using a particular
product or service.
Prepared by:
Personal Development
Name: __________________________________________________________________
Date: _______________ Grade: ______________ Section: __________________
Topic: Train to be Smart, Dump being Dumb