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Questions and Answers
What is the main rule to follow in marketing according to the text?
What is the main rule to follow in marketing according to the text?
- No risk, no profit (correct)
- High risk, high profit
- No risk, no loss
- Low risk, low profit
What is the role of confidence in starting a business?
What is the role of confidence in starting a business?
- Confidence is not necessary for starting a business
- Confidence is needed only for marketing
- Confidence is only needed in small businesses
- Confidence is important for starting a business (correct)
What does the text suggest about the uniqueness of the market?
What does the text suggest about the uniqueness of the market?
- The market should have only one product available
- The market should have more demand and less supply (correct)
- The market should have numerous providers for the same product
- The market should not have any competition
How should the quality of the product be maintained?
How should the quality of the product be maintained?
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What is the significance of maintaining security and privacy for a product being sold virtually, as per the text?
What is the significance of maintaining security and privacy for a product being sold virtually, as per the text?
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What is the relationship between demand and provider according to the text?
What is the relationship between demand and provider according to the text?
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