3. The following are examples of basic human needs EXCEPT one: @food b. shelter c. clothing d. recreation 4. If a businessman plans to establish a store, what should he consider first? a. prevailing prices of products and services in the area b. proximity and/or access of the target customers c. the design or layout of the store d. the type of merchandise 5. If an entrepreneur orders his men to make some changes in the current product to make it mo appealing and better to the consumers, he is doing a. invention b. innovation c. alteration d. improvement 6. What could be the main reason why an entrepreneur conducts studies and surveys on populat in certain localities? a. to determine whom to sell his products and services b. to have a hint who his future top buyers or "suki" would be c. to know his competitors and possible partners d. to determine his favorite consumers 7. Antonio aims to have a peso-internet café in their sitio, which of the following will help him determine a successful plan for setting up his business? a. feedback on the quality of service c. survey on consumer association b. checking for probable competitor d. conduct SWOT analysis 8. It is natural for man that he has his needs and wants, What can an entrepreneur do to supp these needs and wants? produce products and services which are costly to earn more​