Foods II Entreprenuership

The possibility of financial loss is

What is the amount added to cost of item to cover expenses & ensure profits?

Foods received complaints about appearance of cakes they sold. What should be evaluated?

Chris is developing marketing plan that appeals to males age 50&older. Name market segmentation

What does an income statement show the business owner?

Target Customers are:

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

A system for verifying& maintaining desire standards in product or service is called:

Rhonda target market lives within 25 miles radius of Asheville NC. Name market segmentation

What is the covering, wrapper, or container in which merchandise is place for retail sale?

No coffee shop on Island. Mike thinks that coffee&bagel shop would have commercial value.

What financial statement tells entrepreneur what their business is worth at a given time?

What is not used to construct a cash flow statement?

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

Before offering service or product for sale determine that there is:

Targetcustomers must be chosen with care when beginning new business because they are customers

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

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

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

Students practice making several products before choosing one to sell. Results of practice is

What are marketing objectives

A feasibility analysis determines if:

Inability to interpret financial records demonstrates lack of which entrepreneurial skills?

Whom should purchasing manager contact if there is something wrong with shipment or invoice?

She asks questions&conducts research when attempting to solve problems related to her business

A person created, manages&owns Italian restaurant. He/She would be considered a/an

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

Foods II class prepared 25 dozen cookies, but no one brought any. What should be evaluated?

What is net income to a business?

What is purpose of a financial plan for a business?

What is a working model of a product?

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