Activity 17

My validation of the service description of the product with

potential customers to determine its market acceptability

1. Analyze Your Competition:

- Check online for the planned product or service competitions.

2. Understand The Market:

- For trending purposes, check online for your selected product or

services to understand your business.

3. Survey Your Target Market:

- For trending purposes, check online for your selected product or

service to understand your business.

4. Create a Crowd funding Campaign:

- You use the suggested website and other website resources in

developing crowd funding campaigns.

5. Open a Test Store:

- In many ways, you can prepare and find ways of checking your
preferred goods and services online or offline.
Activity 18

1. Get a Quotation
Sunrise supplier
Contact no. 09345624521

Description Quantity Price Amount

Flour 10 sacks P 1, 000.00 P 10, 000.00
Sugar 15 kgs. P45.00 P675.00
Total P 10, 675.00

2. Compare a potential suppliers

- Although our position does not matter, the quality of our product or service may be the most
significant.

3. Negotiate terms and conditions

- Times are only to be used as a reference and are subject to the order's acceptance and
approval. Payment terms are the conditions under which a seller makes a transaction, such as: if
payment is expected, any condition on that payment and any discounts obtained by the buyer, the
quality of the product is the ability of the product to satisfy the end user's expectations and needs.
 Activity 19

Value Chain

Inventory and Research and Product Marketing Customer

Operations Service
supply chain Development Management and Sales

Supply Chain

Logistics

Production Purchasing

Supply Chain
Managemen
t
Research and
Development
Market and
Sales

Finance
Activity 20

My recruitment of qualified people for one’s business enterprise

1. Competent:
- This is one of the first things you need to consider while you're in the process of hiring
employees. Before assigning tasks to the employees, check if they're skilled and experienced to handle
daily work pressure. Not only your great employees need to be competent but should also acquire
necessary education, and knowledge to successfully complete the given task.

2. Capable:

-Being capable actually means a person must have potential for growth and willingness to take
on more responsibilities.

3. Compatible:

-This is another important thing your employees must have. Remember that the workplace
environment can go smoothly only if your employees are compatible with each other.

4. Commitment:

- While you're in the process of recruiting the best people, you should never forget to consider
the candidate’s commitment towards your company.

5. Character:

- The character of an employee counts whether or not they are the right one for your company

6. Culture:

- Culture means that it’s based on certain values, expectations, policies and procedure that
influence the behavior of a leader and his/her employees.

7. Compensation:

- When you’re hiring employees you need to be sure that your hire agrees to market –based
compensation package and is satisfied with what is offered.