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7. Retailing – this store is
put up to enable customers
to buy merchandise on a
per piece basis. Customers
usually pay in cash for
goods bought for their
personal consumption.
15. • Manufacturing – This is the
creation of goods from raw
materials, or the assembly of
parts to produce a finished
product. Generally,
manufacturers sell their goods
to wholesalers, who in turn pass
these on to retailers.
21. • Service – It is any business
that requires work to be done,
with or without the use of tools
or equipment, whether skilled or
unskilled.
Examples of service workers:
beauticians, barbers,
electricians, plumbers,
designers and landscapers.
22. SEATWORK#___
Identify the type of entrepreneurial activities described
in each item.
1. It is any business that requires work to be done, with or
without tools or equipment, whether skilled or unskilled.
2. This is the creation of goods from raw materials, or
the assembly of parts to produce a finished product.
3. This store is put up to enable customers to buy
merchandise on a per piece basis.
4. This type of business activity sells merchandise in
bulk to customers whose purpose is reselling them.
5. Customers usually pay in cash for goods bought for
their personal consumption.
6. Sell their goods to wholesalers, who in turn pass
these on to retailers.
24. PROJECT#1.1 (Individual)
Materials needed:
1. Plastic cover, scissors and scotch tape
2. Paste/glue
3. Assorted colored papers
4. ¼ size illustration board or card board (used)
Tasks:
1.Make a collage of the Types of Entrepreneurial
Activities
a) Retailing
b) Wholesaling
c) Manufacturing
d) Service