
1-2 & 1-3 Business U
Flashcard
•
Business
•
12th Grade
•
Practice Problem
•
Hard
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15 questions
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1.
FLASHCARD QUESTION
Front
The process of systematically scanning for technological, political, regulatory, social, and demographic changes to discover opportunities to produce new goods and services.
Back
Entrepreneurial Discovery
2.
FLASHCARD QUESTION
Front
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.
Back
Harvesting
3.
FLASHCARD QUESTION
Front
What three things need to be analyzed during the Discovery stage of the entrepreneurial process to determine if an idea can become an opportunity?
Back
market, margin, mission
4.
FLASHCARD QUESTION
Front
A Business Plan might also be called a
Back
roadmap and/or pitch deck
5.
FLASHCARD QUESTION
Front
During the 3rd stage of the entrepreneurial process, “Resourcing”, which of these is often helpful? Analyzing the market, margin, and mission, bootstrapping, writing a pitch deck, deciding whether to sell the company or not
Back
bootstrapping
6.
FLASHCARD QUESTION
Front
The 4th stage in the entrepreneurial process is:
Back
Run the Business
7.
FLASHCARD QUESTION
Front
This stage of the entrepreneurial process is where you evaluate if the company is a success or a failure:
Back
Harvesting
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