Activity 8: Explain in your own words. 1. Intangible- 2. Perishable- 3, Needs - 4. Wants 5. Demands - aallata

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
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Activity 8: Explain in your own words.
1. Intangible-
2. Perishable-
3. Needs -
4. Wants -
adhalalaaattal
5. Demands -
Transcribed Image Text:Activity 8: Explain in your own words. 1. Intangible- 2. Perishable- 3. Needs - 4. Wants - adhalalaaattal 5. Demands -
What I Have Learned
Activity 10: Refleçtion
Direction: Write your own answer. (Shorts Explanation only).
1. A company makes a pair of shoes (a semi-durable) that can last for more than 10
years, Is this art advantage or a disadvantage for its customers? Explain
2. People "need" to eat, Some "want" to eat pizza or a sandwich. Is it possible for a
"want" not to emanate from a "need"? Explain by relating your experience.
What I Can Do
Activity 11: Compare and Contrast
Direction: In a separate sheet of paper. Using Venn Diagram, Write the similarities
and differences of the traditional and contemporary approaches to marketing.
Traditional
Aproaches to
Marketing
Contemporary
Approaches to
Marketing
Similirities
Transcribed Image Text:What I Have Learned Activity 10: Refleçtion Direction: Write your own answer. (Shorts Explanation only). 1. A company makes a pair of shoes (a semi-durable) that can last for more than 10 years, Is this art advantage or a disadvantage for its customers? Explain 2. People "need" to eat, Some "want" to eat pizza or a sandwich. Is it possible for a "want" not to emanate from a "need"? Explain by relating your experience. What I Can Do Activity 11: Compare and Contrast Direction: In a separate sheet of paper. Using Venn Diagram, Write the similarities and differences of the traditional and contemporary approaches to marketing. Traditional Aproaches to Marketing Contemporary Approaches to Marketing Similirities
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