Question

1. Whot refers to what the people desire to have?
A need
B demand
C. Want
D. social need
2. What are the things needed for survivei?
A. social
B. security
C. physiological
D. marketing
3. What do you call when selling directly to consumer?
A retailing
B marketing
C. wholesaling
D. living
4. What do you call the interaction between seller and buyer?
A marketing
B. wholesaling
C transaction
D. security
5. Which of the following should an entrepreneur possess?
A confident
B. persistent
C. goal oriented
D. innovative​

Answer 1

Below are the answers:

1. Option C. 'Want' refers to what people desire to have.

2. Option C. Physiological things are needed for survival.

3. B2C - Business-to-consumer refers to the process of selling products directly to consumers.

4. Option A - Interaction between a seller and a buyer is called "Marketing."

5. Option C- An entrepreneur should be consistent in his efforts to run the business.