Let Us Remember Answer the following questions. Write your answers on your quiz notebook

1. What is product? Give examples of products sold in your school or community

2. What is service? Give examples of services offered in your school or community

3. Is business proposal important? Why?

4. What are the steps to consider in creating a product?

5. In your community, what do you think is the best product to sell? Why?

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2. you just need to give examples the kind of service's that they offered in your school or the community (the village you living in) just give the example's like what does the school give to you when your in school last year then give an example like what did the people offered you in your community like relief goods,

3. Writing a business proposal will help you make important decisions on things like cash flow, marketing and personnel. Having clearly defined goals and objectives will also enable you to monitor the business's performance and make adjustments as you move forward.

4. Step 1: Ideation and concept. We first define the initial product concept. ...

Step 2: Market research. ...

Step 3: Business plan. ...

Step 4: Prototype. ...

Step 5: Crowdfunding. ...

Step 6: Design and production. ...

Step 7: Marketing and distribution.

5. product that is most likely needed or mostly likely to be consumed by the citizens, if you would take this idea and opportunity as a businessman/woman it will definitely help you gain profit.