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Entrepreneurship Review Flashcards | StudBud
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Entrepreneurship Review
Entrepreneurship Review
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Review Chapters 1-5
Flashcards
10 cards
F
Practice quiz
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Host live
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Questions
10
Answers
1
Things that you think you must have in order to be satisfied
Scarcity
Supply
Needs
Wants
2
The name, symbol, or design used to identify your product
marketing plan
marketing strategy
brand
product features
3
Which of the following is NOT an example of a service?
Lawn Care
Bicycle
Cable TV installation
Car Wash
4
The different products and services a business sells
features
product mix
brand
market share
5
People who own, operate, and take the risk of business venture
Supervisors
Employees
Entrepreneurs
Managers
6
A business plan is NOT intended for
Your Bank
Your Competition
Your Business Partners
Potential Investors
7
The plant where Goodyear Tires are made is an example of which type of business?
Manufacturing
Service
Wholesaling
Retailing
8
A written document that describes all the steps necessary for opening and operating a business
Executive Summary
Cover Letter
Business Plan
Harvest Strategy
9
A description of the characteristics of the person or company that will use your business
Competitive Analysis
Focus Group
Market Segment
Customer Profile
10
Businesses do not need to identify their target market in order to succeed
false
true