Foods 2 Entrepreneurship

What kind of plan is presented to potential lenders or investors to gain financial support

A feasibility analysis determines if:

Who are the people to whom a business plans to sell its product

Advertising and promotion expenses for an ongoing business are:

What does an income statement show the business owner

If a price is reduced, what must happen to continue to break even?

Target customers must be chosen with care when starting a new business bc they are:

Before offering a service or product for sale, determine that there is:

Which is a major advantage to buying a franchise

What is the amount added to the cost of an item to cover expenses and ensure profit

If the Foods class lost money on their project but all products were sold, what should change

What type of business can own assets & borrow money w/o directly involving people who own it

If something is $20.00, with a 100% mark up, taking one cent off, what is the retail price?

Initial inventory for the business is which type of cost

What is a working model of a product

A short-term loan is repayable in:

Joe asks questions and conducts research when trying to solve problems, this characteristic is:

Which is a major disadvantage to buying a franchise

A system for verifying and maintaining the desired standards in a product or service is called:

What expenses will stay constant with the number of items produced

Under which form of business ownership do owners have limited liabilty

Chris starts a business for age 50 & older, what type of market strategy does this demonstrate

When seeking a loan, an entrepreneur who has capacity:

What is the process used to test a business idea or concept

What are marketing objectives?

Who should be the purchasing manager contact if there is something wrong with a shipment 

Who are the people most likely to buy a specific product or service

The federal that provides assistance and advice on how a small business can increase profits is

There are no coffee shops in Faison. Mike thinks a coffee/bagel should is worth value. This is:

Product standards are developed to benefit the:

The inability to interpret financial records demonstrates a lack of

Which form of incorporation would a church or charity use

What is the covering, wrapper, or container in which merchandise is placed for retail sale?

Which can be defined as the conception, pricing, promotion and distribution to satisfy needs

Why is sole proprietorship the most common form of business ownership

Of the major factors giving to the success of a business, which is affected by lack of captial

The cooper company decided to sell stock. Which type of business does the company operate 

The Foods class prepared 25 doz. cookies, no one came to buy them. What should be evaluated

Which agency provides businesses info about employee responsibilities in relation to unemployme

Which is a major disadvantage of a corporation

What is the net income to a business

What financial statement tells an entrepreneur what his/her business is worth at a given time

FACS students mades several products before choosing which to one to sell. That is called a:

Which organization has as its purpose the stimulation of local economic growth

What is NOT used to construct a cash flow statement

What must the company know in advance to predict when it will being making a profit

What step BEST describes the development of marketing strategy