
3.2 Entrepreneurship Concepts
Flashcard
•
Business
•
12th Grade
•
Medium
Belinda Jones
Used 5+ times
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4 questions
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1.
FLASHCARD QUESTION
Front
Business Plan
Back
A roadmap of the business’s goals and objectives, and the strategy and details of how those goals and objectives will be achieved.
2.
FLASHCARD QUESTION
Front
Entrepreneurial Discovery
Back
The process of systematically scanning for technological, political, regulatory, social, and demographic changes to discover opportunities to produce new goods and services.
3.
FLASHCARD QUESTION
Front
Harvesting
Back
The 5th stage of the entrepreneurial process, where you evaluate if the company is a success or failure, and/or if it needs more time to prove itself.
4.
FLASHCARD QUESTION
Front
Resourcing
Back
Gathering together the necessary elements needed to start a business, also called the 3rd stage of the entrepreneurial process.
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