1. A tangible item that is put on the market for acquisition and consumption your a. needs C. services b. product 2. Classified as luxuries and desires that requires wealth and expensive way of living d. wants a. business C. wants b. luxuries d. basic needs 3. The important things which an individual cannot live without them a. business C. wants b. luxuries d. basic needs 4. These products are purchased for further processing or for business used. a. Goods c. Industrial Products b. Services d. Consumer Products 5. Managerial tool used to assess the environment and gather information used in strategic planning c. Business seminar a. Marketing b. SWOT Analysis d. Business marketing
