Unit 1 Business Management AOS1 The Business Idea

The M in SMART goals stands for...

Physical items that satisfy an individual's wants or needs are called...

A business mentor runs the business during the initial stages of a start-up.

The running of a business day-to-day is done by?

Which of these is NOT a source of business opportunity?

Creating and implementing new ideas or significantly improving existing goods or services is...

Addressing a previously unmet area of demand is an example of...

The remaining amount of revenue left over after expenses have been deducted is called...

Businesses that engage in research and development contribute to the economic wellbeing of a nation by...

Being innovative is a key characteristic to be a successful entrepreneur.

Technological developments can allow a business to improve their business processes.

Business goals are important because they...

A social enterprise has the primary goal of...

Quantitative data is...

A researched evaluation of how viable a business concept might be is called a...

The personal motivation to start a business is the same for all new business owners.

A favourable situation which can lead to advancement or success is called a...

To protect a poem you would use what?

A businesses web address is called a(n)...

A person taking a risk to develop, start and manage a profitable business is a(n)...