ST.

THERESE MONTESSORI SCHOOL OF SAN PABLO

Brgy. San Nicolas San Pablo City
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5th Written Work in Entrepreneurship

Second Semester SY 2021-2022

Answer the following questions.

1. Why is it important to define the target market when preparing a marketing plan?

2. What are the advantages and disadvantages of each form of business ownership?

3. How can young, budding entrepreneurs compete with older, more experienced entrepreneurs? It is
enough to have a novel business idea? Explain your answer.