TLE

Write True on the line if the statement is

correct. Write False if it is incorrect.
1. Sustainable development means improving the
people’s welfare not only on the present but for
future generations.
2. Spend excessively on materials and accessories for
your project. There is no need to budget funds.
3. In making a project plan, for enhancing a finished
product, a sketch or drawing of a product is not
necessary.
Use of Technology to Market a Product
The following are the appropriate marketing
strategies that can be applied in selling
enhanced or decorated finished products.
1. Print Media. Finished products can be
marketed in print advertisements such as
newsmakers, magazines, brochures, and flyers
Use of Technology to Market a Product
2. Product display. Finished products can be
displayed and sold in exhibits, markets and bazaars.
3. Internet marketing. This is promoting the finished
products through the internet, e-mail, and social
networking sites. Consumers nowadays spend most
of their time surfing the Internet.
Computing for earnings
A person or group who ventures into business has
one ultimate goal: to earn profit. The continued
existence of the business is highly dependent on the
following factors:
1. Ability to sell products and/or services and
2. Ability to keep operating costs and expenses
down while maintaining the quality of
merchandize.
Computing for earnings
Profit = Sales-Expenses
Profit is the amount earned from the sales of
products and/or services after operating costs and
expenses have been deducted.
Sales is the amount of money received from the
customer in exchange for the product and/or service
provided and sold.
Computing for earnings
Expenses include the amount spent to produce the
product or undertake the service including the cost
of:
•Materials and equipment •Damage to goods and
•Labor spoilage
•Packaging and labelling •Utilities( electricity, water,
transportation, telephone,
•Marketing and promotions internet, etc)
Sample computation

Php 445.00
 Sample computation
Product: Cabinets
No of Cabinets Sold: 10 pcs
Mark-up: 20%
Sales= ? Cost= ? Profit= ?