Name:

Hyaci
nthAi
ri
shL.DeLeon Sect
ion:
11-Av
icenna

Subj
ect:
Ent
repr
eneur
shi
p Dat
e:June24,
2021

Teacher:
Mr.Nei
lAndr
ewCacas Week#:
8

Lear
ningTask1

1.Amongthesevenp'sofmarketi
ngofmarket
ingmi
x,whatdoy
out
hinki
sthef
ir
st
pri
ori
tyoft
heorgani
zati
on?Explai
nbri
efl
y

Personal l
y,thepr oductshouldbet hefi
rstpriori
tyinmarketi
ngmi x,Producti sanit
em
thatsat i
sfi
esaneedoradesi re.Thiscanbeaphy si
cali
tem,aser vi
ceorav irt
ual
offeri
ng.Itisproducedatacostandi ssubsequent l
ymadeav ail
abletotheright
audienceatapr ice.What ev
erthenat ur
eoft hepr oduct
,itwi
llfol
lowal i
fecycleand
throughr easonabl epredi
cti
onsoft hisli
fecycle,acompanycani ncreaseitscompet i
ti
ve
edge.becauset heai m ofproductistosatisfytheneedsanddesi resofcustomer si
n
mar ket.Withoutapr oductthere'snomar keting.Becausethewhol emarketingisbased
onpr oduct.

Lear
ningTask2

1.Howt
heMar
ket
ingMi
xhel
ptheent
repr
eneur
s?

Theimpor t
anceofmar ket i
ngmi xi
nentr
epreneursisthemar ketingmi xist
hespeci fi
c
acti
onsandt act
icsmar ketersusetomakecrucialdecisionswi ththehopeofget ti
ng
thebestoutcomef orthei rbusi
ness.Themarketingmixwhi char eproduct,pr
omot ion,
pri
ce,andplace.Sot heent r
epreneur
sshouldknowt hemar ketingmi xfori
dentif
ying
andarrangi
ng.Ithelpst omakesur et
hatyouareabl etoof f
ery ourcust omerstheright
product,
attherightti
meandatt heri
ghtpl
acefort herightprice.

2.Whati
sthesi
gni
fi
canceoft
hemar
ket
ingmi
xtot
hest
udentl
i
key
ou?

Wellpersonall
ythesigni
fi
canceofmarket
ingmi
xtot
hestudentl
i
kemeisifsomedayi
haveabusi nessitcanhel
pmeal ott
oknowmybusinessstr
engt
hsandav
oid
unnecessarycosts.