EPP Flashcards
He/she believes that there are new and better ways of doing things.
Innovative
He/she is readty to face the outcomes of his experiment .
Willing to take risk
The keys to success .
Persistent and hard working
An entrepreneur is always active and mobile.
Full of energy and mobility.
Entrepreneur regard any undertaking entrusted to them as a duty that they have to fulfill.
Responsible
Entrepreneur musy have enough faith in themselves to be able to overcome life’s adversities and problems.
Confident
Entrepreneur are expert in their field of business .
Knowledgeable
A people’s leadership skill is oit to test if he or she can make people follow the tasks.
Able to manage
Successful entrepreneurs focused on those goals and all their activities .
Goal-oriented
A marketing transaction in which the merchant sells the product or service for the purpose of securing profit.
Selling
Marketing transactions in which the purchaser buys in bulk for the purpose of securing profit through reselling.
Wholesaling
Refers to all forms of selling direct to the consumer.
Retalling
Refers to buyers whovare usually the end-consumers, retailers or wholesalers.
Market
This refers to want the people desire to have
a. need
b. want
c. demand
b. want
These are things needed for survival .
a. retailing
b. security
c. psychological
security
