2024 - Entrepreneurship Semester 1 EXAM REVIEW

Front

The quantity of a good or service a producer is willing to produce at different prices.

Back

Supply

Front

Data that helps a business determine where its potential customers live and how far they will travel to visit your business.

Back

Geographic Data

Front

5th step to solve problems is

Back

Take Action

Front

Things that a person thinks he or she must have in order to be satisfied.

Back

Wants

Front

A description of the person or company that is likely to buy your product or service.

Back

Customer Profile

Front

Uses a standard structure but focusing on summarizing the key points and elements of the business.

Back

Lean Startup

Front

Things that a person must have in order to survive.

Back

Needs

Front

Thoughts or concepts that come from creative thinking

Back

Ideas

Front

Means through which goods and services are produced.

Back

Economic Resources

Front

These type of businesses are most likely to fail: Employees, Small Businesses, Target Market, Demand

Back

Small Businesses