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Entrepreneur Flashcards | StudBud
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Entrepreneur
Entrepreneur
20 terms
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learning entrepreneurs
Flashcards
20 cards
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Questions
20
Answers
1
What is start-up cost?
Non-recurring costs associated with setting up a business
the cost it takes to start your advertising
the cost of your inventory
the cost of your employees
2
What is a Target Market?
a specific amount of money you are allowed to spend
a particular group of consumers at which a product is aimed
a grocery store
a local produce store
3
T/F: An effective trait of an entrepreneur is determination
False
True
4
Which is a franchise?
Mcdonalds
apple
wendys
taco bell
5
service provider
company that provides people access to the Internet.
AT&T
mows people's lawns
6
What is a swot analysis?
Survey done to identify other companies incomes
A survey done to identify internal strengths
7
What is publicity
the attention given to someone or something by the media.
giving money to famous people
offerring free food for more business
marrying for money
8
What is a manufacturer
a person or company that makes goods for sale.
a grocery store
a restaraunt
a shipment warehouse
9
T/F: Being an entrepreneur is easy
False
True
10
What is a fixed expense?
how much you spend
A cost that won't change, whether you sell a lot/a little
the amount of money in your account
A cost that will change, depending on how much you sell
11
What is marketing mix?
mixing money schemes
controlled by buyers to influence company
controlled by a company to influence buyers
12
What would be a reason for failure?
Your mother telling you that you can't
no drive to succeed
Poor Money Management
13
What is a variable expense?
Someone who helps run the business
A cost that comes from your employees
A math equation
A cost that is reliant on how much your product sells
14
What is a Internal Entrepreneur
operates outside the business
Makes pizza
Operates on sick patients
Operates inside the businesss
15
How can you become an entrepreneur?
Be lazy
Good Work Ethic
Dream big
Work hard
16
Is it a good idea to hire responsible people?
No, I want people to steal my money
Yes, people won't steal your money
17
How successful will you be?
As successful as i want!
Broke
18
Advertising
re-modeling your business
placing signs about your company out
Publicizing your buziness
19
What is Public relations?
controlling the thoughts of the loan company
the professional maintenance of a favorable public image
controlling what other companies think
20
What is an Entrepreneur?
someone who purchases a product from a business
someone who is a employee
a person who organizes and operates a business.
a person who owns stock in a business
