INTRODUCTION TO ENTREPRENEURSHIP
DEFINITION OF ENTREPRENEURSHIP
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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True
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False
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Either A or B
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None of the above
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Detailed explanation-1: -A consumer is a person or organization that purchases and uses economic services or commodities. In economic systems consumers are utilities expressed in the decision to trade or not.
Detailed explanation-2: -Consumers are defined as individuals or businesses that consume or use goods and services. Customers are the purchasers within the economy that buy goods and services, and they can exist as consumers or alone as customers.
Detailed explanation-3: -A consumer is a person who purchases goods or services for personal use and gains. Consumer goods refer to any tangible commodity produced to satisfy consumer needs and desires.
Detailed explanation-4: -A consumer is any person or group who is the final user of a product or service.
Detailed explanation-5: -Consumers are people who buy or use goods and services to satisfy their wants.