Entrepreneurship Vocabulary (7)

Entrepreneurship Vocabulary (7)

Assessment

Flashcard

Other

7th - 12th Grade

Hard

Created by

Wayground Content

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20 questions

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1.

FLASHCARD QUESTION

Front

Assets

Back

are anything that has a value.

2.

FLASHCARD QUESTION

Front

Break-Even Point

Back

is when a business’s expenses and sales equal zero because the business has sold exactly enough units to cover its fixed expenses.

3.

FLASHCARD QUESTION

Front

Business Opportunity

Back

is a consumer need or want that can be potentially met by a new business.

4.

FLASHCARD QUESTION

Front

Business Pitch

Back

is a quick description of your business that you use to explain it to customers and investors.

5.

FLASHCARD QUESTION

Front

Business Plan

Back

is an overview of your business goals and includes details on how you think you are going to achieve them.

6.

FLASHCARD QUESTION

Front

Competition

Back

Rival businesses competing for the dollars your target market spends.

7.

FLASHCARD QUESTION

Front

Direct Competitor

Back

is a business in the market that sells a product or service similar to yours.

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