On one whole sheet of pad paper, answer the following questions in not less than 5 sentences.
1. Environmental scanning is a thorough observation of a target area. What are the advantages of environmental scanning over plain observation?
2. Why is earning a profit while answering the needs of the people an important part of entrepreneurship?
3. Business employs different tactics or gimmicks to attract customers. Is this practice really necessary to succeed in business? Prove your answer by citing an example.
4. How can technology help an entrepreneur become competitive on the market?
5. SWOT stands for Strengths, Weaknesses, Opportunities and Threats. If you were to add another area that an entrepreneur must look at, what would it be and why?
All answer sheets will be collected on Monday, July 25, 2011 on your ICT time.
Sir, yung question number 5 po, how many should it be?
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