Professional Documents
Culture Documents
Grade/Section:
Activity/Assessment 1
1.Why is it important to define the target market when preparing a market
plans? Explain.
2.What is the difference between cost-based pricing and value-based
pricing? which pricing scheme is more advantageous for the
entrepreneur? explain your answer.
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Activity/Assessment
Name the top brand that first comes to mind when these generic products
or services are mentioned. Why do you think they are the top of mind
brands?
1. Toothpaste
2. Soap
3. Coffee
4. Milk
5. Car
6. Rubber shoes
7. Mall
8. Spa
9. Beauty salon
10. University
11. Soft drinks
12. Fast food restaurant
13. Convenience store
14. Potato chips
15. Cookie
16. Chocolate
17. Refrigerator
18. Television
19. TV station
20. Smartphone