Virtual Business Review 2024

Front

When a business is looking to brand, rebrand or simply complete a check to see how they are doing and/or what they can do better they need to complete a _____________?

Back

SWOT analysis

Front

A business that has poor customer service or slow ticket times when delivering services are examples of which part of the SWOT analysis?

Back

Weaknesses

Front

A business that emphasizes high quality clothing for a reasonable price is an example of which part of the SWOT analysis?

Back

Strengths

Front

A business that recognizes there is a potential to reach a new target market or expand by opening a second location in the same town are examples of which part of the SWOT analysis?

Back

Opportunities

Front

A business that recognizes there has been a serious decline in the purchase of a product they have an abundance of on their shelves is an example of which part of the SWOT analysis?

Back

Threat

Front

This plan is the completed business concept for a new business that incorporates a variety of key ideas that are easily changed based on the market.

Back

Lean Canvas Model

Front

What is the first step in creating a business concept?

Back

Find a problem that you or others have.

Front

Define customer segments.

Back

The way you divide your market up to sell you product/service.

Front

A demographic is...

Back

divided by age, gender, education level, family size, occupation, income, race, religious beliefs

Front

Geographic segmentation is..

Back

customers based on locational boundaries.