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  • Entrepreneurship 10: LESSON 2-1: Purchasing of Goods and Services From The Local Sources

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    Desiree Bermeo
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    As an entrepreneur, you must understand where goods and services come from. Purchasing locally has benefits like stopping colonial mentalities, generating tax revenue, maximizing natural resources, developing skills, and providing affordable options. When purchasing locally, consider factors like studying producers, researching consumption, knowing customers, finding suppliers, determining quantities, checking records, observing patron behavior, and ensuring sustainability.

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    Entrepreneurship

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    Lecture2-1

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    As an entrepreneur, you must understand where goods and services come from. Purchasing locally has benefits like stopping colonial mentalities, generating tax revenue, maximizing natural resources, developing skills, and providing affordable options. When purchasing locally, consider factors like studying producers, researching consumption, knowing customers, finding suppliers, determining quantities, checking records, observing patron behavior, and ensuring sustainability.

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    16 views1 page

    Entrepreneurship 10: LESSON 2-1: Purchasing of Goods and Services From The Local Sources

    Uploaded by

    Desiree Bermeo
    As an entrepreneur, you must understand where goods and services come from. Purchasing locally has benefits like stopping colonial mentalities, generating tax revenue, maximizing natural resources, developing skills, and providing affordable options. When purchasing locally, consider factors like studying producers, researching consumption, knowing customers, finding suppliers, determining quantities, checking records, observing patron behavior, and ensuring sustainability.

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    ENTREPRENEURSHIP 10

    LESSON 2-1: Purchasing of Goods and Services from the Local Sources

    As an entrepreneur, you must realize that there are things that are
    grown like the fruits, plants, vegetables and other natural resources. Other
    things made and manufactured according to the needs and wants of our target
    market or customers. Likewise, the services are also made and created
    according to the felt need of the community. Service is more delicate to
    manage because it is a work that someone has to provide to others with
    satisfaction.

    Why do you prefer to purchase from local sources?

     it stops the value of colonial mentality not only among young


    children;
     it gives additional income to the government through tax collection;
     it maximizes the use of our natural resources from raw materials
    to the finished products;
     it develops the skills of the Filipino people making them more
    innovative, creative and productive; and
     it gives affordable price for seasonal and quality products, fruits
    and vegetables.

    What are the factors do you consider when purchasing goods and
    services from the local sources?

     study the profile of the local producers


     research on the daily average consumption of the customers
     know your customers
     find out the right place to buy
     determine how much to procure
     check the track record of each supplier
     get the behavior of the patrons towards the products and services
     ensure the sustainability of the items

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