Foods II Entreprenuership

What is net income to a business?

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

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

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

A feasibility analysis determines if:

What is not used to construct a cash flow statement?

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

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

What is purpose of a financial plan for a business?

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

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

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

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

Target Customers are:

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

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

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

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

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

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

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

The possibility of financial loss is

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

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

What does an income statement show the business owner?

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

What are marketing objectives

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

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

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

What is a working model of a product?

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