Questions and Answers
What does utilitarianism focus on?
What is NOT considered revelation according to the text?
What are the determinants of morality mentioned?
The object of the act, the end or purpose, and the circumstances.
Christian moral life should not be oriented to Jesus Christ.
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What is referred to as the 'Sacred Deposit of Faith'?
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The Bible reveals who God is and is considered _____ because of its content.
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Discipleship involves being part of a collection gathered for a common purpose.
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What must Christians practice to conform to the image of God?
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For Christians, God's highest revelation is found in the _____ of Jesus Christ.
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What is the definition of a market in the context of entrepreneurship?
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Which of the following best describes customers in a market?
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Consumers and customers are always the same person.
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What must customers have in order to be considered part of the market?
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What is market identification?
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Which method is NOT used for segmenting the market?
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Why is it vital for an entrepreneur to understand customer needs?
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Study Notes
Learning Outcomes
- Utilize time wisely for class activities and studies.
- Prepare for Summative Quiz 3 on Approaches to Christian Morality.
Sources of Morality: Sacred Axis
- Identifying goodness involves Tradition, Natural Law, Experience, and Sacred Scripture.
- The Church preserves and passes on faith through Tradition across generations.
Sacred Scripture
- Represents God's special revelation through the writings of Prophets and early Christian communities.
- Interplay between Scripture and Tradition creates the "Sacred Deposit of Faith," revealing truths entrusted to the Church by Christ.
Christian Moral Life
- Must align with Jesus Christ and His Gospel, emphasizing community and discipleship.
- Discipleship is a commitment to seek and uphold the truth in fidelity to Jesus and the Gospel message.
The Bible as a Source of Morality
- The Bible is sacred for revealing God’s nature rather than being viewed as a dictated text.
- Understanding God involves recognizing Him as "Love" and "Deus semper maior" (God is always more), prompting ongoing discernment of God’s Spirit.
Jesus Christ as the Ultimate Norm
- The definitive revelation of God is found in the person of Jesus Christ, not solely in the Bible.
- Jesus serves as the ultimate authority for Christian morality, embodying "Norma Normans Non Normata" (the norm with no norm over it).
Methodology of Scriptural Interpretation
- Interpretation begins with recognizing God's revelation through Jesus rather than focusing solely on biblical texts.
- Scripture is not self-evident; it requires translation, analysis, and interpretation before application.
- Important questions to consider: How does a particular scriptural text relate to one’s current situation?
Conclusion
- Engaging with Scripture demands careful interpretation to genuinely understand how its teachings apply to moral life and decision-making in accordance with Christian values.
Understanding the Market
- Market varies in interpretation; it can be a physical location for selling or a group of customers with buying power and unmet needs.
- Definition of market encompasses three core elements:
- Customers, who are the purchasing entities (individuals or businesses).
- Customers with buying power, determined by their income and purchasing capability.
- Customers with unsatisfied needs, who will make purchases only when their needs are recognized and addressed.
Market Identification Process
- Market identification is a strategic marketing technique to clearly define the target customer for a product.
- It involves three main strategic marketing approaches to pinpoint the specific market for a product.
Market Segmentation
- Market segmentation is aimed at dividing the broader market into smaller, identifiable segments based on specific criteria.
- Effective segmentation allows entrepreneurs to tailor their strategies to meet the distinct needs of targeted groups.
- Common methods for segmenting the market include:
- Geographic Segmentation: Divides the market based on geographic regions such as cities, provinces, or regions within the Philippines.
- Psychographic Segmentation: Based on lifestyle, values, and personality traits.
- Behavioral Segmentation: Considers consumer behaviors, such as purchasing patterns and brand loyalty.
- Demographic Segmentation: Involves variables like age, gender, income level, and education.
Importance of Market Identification
- Understanding market segments enables entrepreneurs to focus efforts on specific customer needs, enhancing the likelihood of business success.
- Not all potential customers will interact with or purchase from a business; recognizing and defining the target market is crucial for effective marketing strategies.
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Description
Explore the sources of morality through the Sacred Axis in this comprehensive lesson. Gain insights into the determinants of morality including the object of the act, purpose, and circumstances. Prepare for your upcoming quiz on Approaches to Christian Morality and Utilitarianism.
