Entrepreneurship Ch 7

Front

A manufacturer with whom you discuss a product idea should sign this type of agreement to keep the information that is discussed confidential.

Back

nondisclosure agreement

Front

A ____ is something that people must have to survive.

Back

need

Front

A ______ _______ is a consumer need or want that can potentially be met by a new business

Back

business opportunity

Front

There are ___ screening questions to check if something's a good idea

Back

5

Front

Which of the following is NOT a screening question? Options: Does the idea fill a need or want not being met?, Where will they buy it? (location or online)

Back

Do I like my idea?

Front

When you pivot, you must...

Back

change/revise the initial idea

Front

The Window of Opportunity is…

Back

when resources, time & location are all working in your favor

Front

As an entrepreneur, CJ Walker made ___ products (Options: skin, hair, food)

Back

hair

Front

CJ Walker was one of the first self-made millionaires.

Back

true

Front

Your hobbies, talents, & interest are __ of opportunity

Back

internal