APPLICATION

1. If you were to decide, what kind of business are you interested to put
in soon? Why?
− Scented candles would be my choice for a business. Making candles is an
excellent way to start a small business. It does not necessitate much
equipment or technical knowledge, is inexpensive, and can be done from
home. Aside from that, a candle-making business can be incredibly
profitable.

2. What product are you going to produce? How are you going to
produce them? Who are your target markets?
− Scented candles are the product that I wish to produce because they are
also beneficial to anyone who wants to loosen up, feel calm, and put their
mind in a more productive mode. The process of making scented candles
is extremely simple. I'd also like to show my product to a group of people,
let them try it, and allow them to provide feedback. After that, the candle is
ready for purchase. Women with families are the primary target market for
candles, as are women who enjoy soaking in a bathtub and smelling the
aroma of a scented candle because it is the most soothing and provides a
sense of relaxation. Others, particularly men, buy more candles as gifts
for loved ones or for others. Another alternative is to use any social media
platforms to assist me in marketing my business, but I can also use it to
sell directly to customers.

3. What economic system is evident in your hometown? Why?

− In my hometown, traditional economic systems can be seen. Our
community is primarily agricultural, and the residents, particularly the
elders, are skilled at locating suitable locations for the cultivation of
various vegetables and fruits. Specific work roles have been passed down
from generation to generation, and the goods they produce are heavily
bartered. It is usually ruled by elders or leaders who have enough
expertise to judge and make decisions about economic policies or
decisions, the majority of which are concerned with the proper distribution
of goods.

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