Entrepreneurship Final Review

A sole-proprietorship is a type of ownership good for two friends looking to start a business.

Achieving a Milestone is a trigger for a Business Plan revision.

A recession is an example of an insurable risk.

A SWOT Analysis stands for

Different Artist's Music is protected by

What are the 4 P's of Marketing?

What are the 3 Categories of Risk?

Scarcity is Limited Wants + Unlimited Resources

Which part of a Business Plan gets written last?

Entrepreneurs never fail

Which Business listed is a franchise?

Age, Gender, & Income are all

Our School Stores' Target Market includes...

What is McDonalds to Wendy's?

A Hurricane or Tornado are what type of risk?

Goods are tangible materials sold to consumers.

What is the Calculation that Determines Profit?

An elevator pitch should last 10-15 minutes.

American Arlines is an example of which Market Structure?

Taking Risks is a characteristic of a successful Entrepreneur.