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Recognizing Opportunity Flashcards | StudBud
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Recognizing Opportunity
Recognizing Opportunity
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Further into Entrepreneurship
Flashcards
19 cards
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Practice quiz
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Questions
19
Answers
1
Personal characteristics of a population
Diversities
Cultural segmentation
Ethnicity
Demographics
2
When you _______________, you think freely to generate ideas
network
brainstorm
daydream
interface
3
Contracting with companies for services
Packaging
Hiring
Outsourcing
Cooperation
4
Services are __________ that businesses provide that enhance our lives
tangible items
necessities
intangible things
basic needs
5
Business started to improve society by identifying social needs as opportunities
Social Entrepreneurship
Internet business
Outsourcing
Service Business
6
This trend accounts for the largest part of U S economic growth
CORPORATE VENTURE
SERVICE
TECHNOLOGY
ONLINE BUSINESSES
7
The beliefs and principles by which you choose to live by
code of ethics
core values
mission statement
corporate ideals
8
Venture seeks economic, environment & social goals without affecting future generations.
Outsourcing
Demographics
Sustainability
Goodwill
9
A small, specialized market
mass market
opportunity
niche
profit center
10
The first step in the entrepreneurial process is to
identify a business opportunity
find a backer
secure financing
find a strategic alliance
11
Forming a partnership with another company
STRATEGIC ALLIANCE
CORPORATION
MELDING
CORPORATE VENTURE
12
A new venture started inside a large company
corporate venture
corporation
strategic alliance
melding
13
Reading about a/an ____________ field can spark an idea that applies to your field
unrelated
similar
educational
philosophical
14
Conducts business by means of the internet
online business
manufacturing business
home-based business
service business
15
TREND THAT PROMOTES SUSTAINABILITY
TECHNOLOGY
OUTSOURCING
SERVICE
GREEN BUSINESSES
16
A legal agreement to begin a new business in the name of a recognized company
contract
franchise
investment
venture
17
Continued consumer loyalty after you take over an existing business
goodwill
personal relationship
inheritance
reputation
18
Someone who brings buyers and sellers of businesses together
AGENT
BUSINESS BROKER
BUSINESS PARTNER
MANUFACTURER'S REPRESENTATIVE
19
A __________ magazine is a periodical published for SPECIFIC TYPE OF businesses or industries
news
trade
technology
specialty