Entrepreneurship 1 Vocab

Which of the following do not describe a population demongraphic

Goods are intangible things that businesses do for us that enhance our lives

Which of the following is a government program that helps small business

Contracting with other companies for services

The sellor of a franchise is called

A niche is a small specialized market

What type of distribution involves building Web sites

An established scope and purpose of a company and reflects its values and beliefs

A new business undertaking that involves risk is called economics

Global Economy involves what

SBA stands for what?

To participate in a trade mission, you need a product that is on the _______ list

Which of the following is a trade barrier

Many entrepreneurs were influenced early in life by

An individual who undertakes the creation, organization, and ownership of a business.

A person with a record of successes

True of flase: SITC stands for Standard Industrial Trade Classifcation

What does GDP stand for?

Which of the following wasn't a vocab word

Something that promotes a or enhances the value of a product or service to the customer is a

A document that describes a new business and a strategy to launch that business is called what?

Prototype means working model of a new product

Which of the following is an outside source

A customers loyalty after new owner ship is

Once you have an idea for a new business, you don't need to turn it into a business concept