RaNdoM
CHAPTER 6
(After Midterms)
MODIFIED: FACT OR BLUFF
100

In this type of partnership, all partners assume liability for the company's potential losses, debt and other obligations.


GENERAL PARTNERSHIP

100

WHAT ARE THE 4P'S ?

Product, Price, Place, and Promotion

100

Entrepreneurs are born, not made

BLUFF (the other way around)

200

Refers to a specialized segment of the market that caters to a specific group of customers with particular needs, preferences, or characteristics.

Niche

200

What type of P's is used in making the business plan?

7p's

200

Psychographic segmentation is a marketing strategy that divides a market into smaller segments based on consumer behavior, usage patterns, decision-making processes, and purchasing habits.

BLUFF (Psychographic Segmentation)

300

Founder of Jollibee Foods Corporation, the largest fast-food chain in the Philippines.

Tony Tan Caktiong

300

These characteristics can include various factors such as age, gender, race, ethnicity, education, income, occupation, marital status, household size, and geographical location.

Demographics

300

Adaptability is The ability to introduce new and creative ideas, products, or processes, fostering a competitive advantage.

BLUFF (INNOVATION)

400

A type of business  that Buys goods in large quantities, typically  from manufacturers and resells them in smaller batches to retailers.


Wholesaling Businesses

400

WHAT ARE THE 7P'S ?

Product, Price, Place, and Promotion, People, Process, and Physical Evidence

500

a term used to describe an individual or business that seeks to replicate or copy the business model, products, services, or strategies of an existing successful entrepreneur or company.

Imitator Entrepreneur

500

Discussed by Jakey:

 It refers to a specific group of consumers or businesses that a company aims to reach with its products, services, or marketing efforts.

Target Market