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1-2 & 1-3 Business U

1-2 & 1-3 Business U

Assessment

Flashcard

Business

12th Grade

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

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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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