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    Identify The Image If It Is Need or Want

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    Jairo Amigable
    This document discusses the differences between needs and wants, and provides methods for generating business ideas. Needs are essential goods and services required for basic living, like food, clothing, shelter. Wants are desires beyond needs, and signify wealth, like fashion accessories, travel, luxury homes. The document then lists several ways to generate business ideas, such as examining existing goods/services for improvements, identifying present and future needs, available resources, and learning about new technologies from publications. Generating ideas involves understanding customer needs and finding ways to satisfy them.

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    Identify The Image If It Is Need or Want

    Uploaded by

    Jairo Amigable
    51 views31 pages
    This document discusses the differences between needs and wants, and provides methods for generating business ideas. Needs are essential goods and services required for basic living, like food, clothing, shelter. Wants are desires beyond needs, and signify wealth, like fashion accessories, travel, luxury homes. The document then lists several ways to generate business ideas, such as examining existing goods/services for improvements, identifying present and future needs, available resources, and learning about new technologies from publications. Generating ideas involves understanding customer needs and finding ways to satisfy them.

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    This is my work and only work presentation

    Original Title

    Needs and Wants

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    This document discusses the differences between needs and wants, and provides methods for generating business ideas. Needs are essential goods and services required for basic living, like food, clothing, shelter. Wants are desires beyond needs, and signify wealth, like fashion accessories, travel, luxury homes. The document then lists several ways to generate business ideas, such as examining existing goods/services for improvements, identifying present and future needs, available resources, and learning about new technologies from publications. Generating ideas involves understanding customer needs and finding ways to satisfy them.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    51 views31 pages

    Identify The Image If It Is Need or Want

    Uploaded by

    Jairo Amigable
    This document discusses the differences between needs and wants, and provides methods for generating business ideas. Needs are essential goods and services required for basic living, like food, clothing, shelter. Wants are desires beyond needs, and signify wealth, like fashion accessories, travel, luxury homes. The document then lists several ways to generate business ideas, such as examining existing goods/services for improvements, identifying present and future needs, available resources, and learning about new technologies from publications. Generating ideas involves understanding customer needs and finding ways to satisfy them.

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    You are on page 1of 31

    Identify the image if it is need or want.

    Identify the image if it is need or want.


    Identify the image if it is need or want.
    Identify the image if it is need or want.
    Identify the image if it is need or want.
    Identify the image if it is need or want.
    Identify the image if it is need or want.
    Identify the image if it is need or want.
    Identify the image if it is need or want.
    Identify the image if it is need or want.
    Identify the image if it is need or want.
    Identify the image if it is need or want.
    Identify the image if it is need or want.
    Identify the image if it is need or want.
    Identify the image if it is need or want.
    Needs and wants
    HOW DOES ONE SELECT
    AN ENTREPRENEURIAL
    ACTIVITY?
    needs
    Basic needs are essential to every individual so he/she
    may be able to live with dignity and pride in the
    community of people.
    Goods or services that are required. This would
    include the needs for food, clothing, shelter and
    health care.
    Needs in business are important things
    that every individual cannot do
    without in a society. These include:

    1. Basic commodities for consumption


    2. Clothing and other personal belongings
    3. Shelter, sanitation, and health
    4. Education and relaxation
    Wants
    Wants are desires, luxury, and extravagance that
    signify wealth and an expensive way of living.
    Some examples are the eagerness or the passion
    of every individual which are non- basic needs
    like: fashion accessories, shoes, clothes;
    travelling around the world; eating in an
    exclusive restaurant; watching movies, concerts,
    plays; having luxurious cars; wearing expensive
    jewelry, perfume;
    living in impressive homes; and others
    Generating Ideas for
    Business
    Here are some ways by which you may generate
    possible ideas for business.

    Examine the existing goods and services.


    Examine the present and future needs.
    Examine how the needs are being satisfied.
    Examine the available resources around you .
    Read magazines, news articles, and other publications on new
    products and techniques or advances in technology.
    Examine the existing goods and
    services.
    Are you satisfied with the
    product? What other people do who use the product
    say about it? How
    can it be improved?
    There are many ways of improving a product from
    the way it is made to the way it is packed and sold.
    Examine the existing goods and
    services.

    You introduce new ways of using the


    product, making it more useful and
    adaptable to the customers’ many needs.
    Examine the present and future
    needs.

    Look at and listen to what the


    customers, institution, and communities are
    missing in terms of goods and services.
    Examine how the needs are being
    satisfied

    Needs for the products


    and services are referred to as market
    demand. To satisfy these needs is to supply the
    products and services that meet the demands
    of the market.
    Examine the available resources
    around you.

    Observe what
    materials or skills are available in
    abundance in your area.
    Business ideas can come from your own
    skills.
    Read magazines, news articles, and other publications
    on new products and techniques or advances in
    technology.
    You can pick up new business ideas from Newsweek,
    Reader’s Digest, Business Magazines, Go Negosyo, KAB
    materials, Small- industry Journal and even in the
    internet.
    It will also guide you on how to put the right product in
    the right place, at the right price, at the right time.
    Read magazines, news articles, and other publications
    on new products and techniques or advances in
    technology.

    It will also guide you on how to put the right


    product in the
    right place, at the right price, at the right time.
    Activity
    List 5 wants and needs of people
    Needs Wants

    How these needs and wants help you to


    generate ideas for business?

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