Entrepreneurship Final Review

A person who works for someone else is called a(n) ___.

Which of the following is a way to maintain customer loyalty?

A reduction in the wholesale price of  a produce is ___.

One section that is not in the business plan is the ___.

What characteristic allows an entrepreneur to make his or her own decisions?

Most products and services appeal to __.

The abbreviation for an organization that helps small business and their owners is __.

A letter that introduces and explains an accompanying  document is called  a ___.

The main body of the business plan include __.

All of the following are helpful resources in researching your business except __.

Which of the following explains why you are asking for a loan and what you plan to do?

A document that describes a new business is called a ___.

As an entrepreneur you will face __.

Where Goodyear makes tires and then distributes them is called a __ business.

Data that helps you determine where your potential customers live is called __ data.

When income from sales equals the total cost of producing and selling goods is called __.

An example of a retail store is __.

The ability to learn a particular kind of job is called ___.

Jackson Hewitt Tax Service is what type of business?

Without a business plan you will not be able to __.

A portion of total sales generated by all competing companies in a given market is called __.

The success or failure of an entrepreneurial venture rests entirely on the

These costs of a business are usually the same each month.

Demographics are data that describe a group of people in terms of their __.

Characteristics of successful entrepreneurs include __.

A complete picture of a business's prospective customers is a ___.

A deduction from the retail price is called a ___.

An example of a wholesale business is __.

This will present the company's strategy for making the customer aware of products/services.

What is a risk of being an entrepreneur?