Entrepreneurship Review

Who should the manager contact if there is something wrong with shipment or an invoice?

Of factors leading to success of a business, which is affected by the lack of working capital?

The Foods class prepared 25 doz cookies,  noone came to purchase them-what should be evaluated?

Students practice making several products b4 choosing which one to sell. What is this called?

A company decided to sell stock to raise capital.  Under which form of business do they operate

What is the covering, wrapper, or container in which merchandise

What are marketing objectives?

Asking questions in attempting to solve business problems is an example of?

Which organization has as its purpose the stimulation of local economic growth?

Product standards are developed to benefit the?

Which term can be defined as the conception, pricing, promotion and distribution of products

What must the company know in advance to predict when it will begin making a profit?

When seeking a loan, an entrepreneur who has capacity

Who are the people to whom a business plans to sell its products?

A short term loan is repayable in?

Why is sole proprietorship the most common form of business ownership?

What is net income to a business?

Which is a major disadvantage of a corporation?

A system for verifying and maintaining the desired standards in a product or service is called?

What is the amount added to the cost of an item to cover expenses and ensure profit?

A feasibility analysis determines if

Which is a major advantage to buying a franchise?

What is NOT used to construct a cash flow statement?

If the foods class lost money on project but all products were sold, what should be evaluated?

Which type of business can own assets and borrow money without involving people who own it

What kind of plan is presented to potential lenders or investors to gain financial support?

Advertising and promotion expenses for an ongoing business are

Target customers are chosen with care when beginning a business because they are the customers

The Federal agency which provides assistance on how small businesses can increase revenues is

Under which form of business ownership do owners have limited liability?

Which is a major disadvantage to buying a franchise?

What expenses will stay constant with the number of items produced?

What agency provides businesses with information regarding employer responsibilities for insur

What step BEST describes the development of a marketing strategy?

Initial inventory for the business is which type of cost?

There are no coffee shops in Greenville, M thinks one would have commercial value. His idea is

What does the income statement show the business owner?

What is a working model of a product?

If a price is reduced, what must happen to continue to break even?

Making a trip to an accountant during start up is an example of?

What is the process used to test a business idea or concept?

Who are the people most likely to buy a specific product or service?

Before offering a service or product for sale, determine that there is?