If you determine that the market for your product is small. In other words, there are not enough potential customers to support your business, this is called what kind of risk?

Business Risk Assessment Flashcard

Flashcard
•
Business
•
11th Grade
•
Hard
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54 questions
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1.
FLASHCARD QUESTION
Front
Back
Customer Risk
2.
FLASHCARD QUESTION
Front
Not knowing if you can make the right product to solve customer problems would be considered what type of risk?
Back
Product Risk
3.
FLASHCARD QUESTION
Front
If you have determined that your costs might be greater than your revenue, you are describing what type of risk?
Back
Market Risk
4.
FLASHCARD QUESTION
Front
The expenses needed to run your business would fall into which section of the business model canvas? Select one.
Back
Cost Structure
5.
FLASHCARD QUESTION
Front
Which of the following would be added to the Revenue Streams on the BMC? Income from sales, Cost of materials, Payment to workers, Expenses for rent
Back
Income from sales
6.
FLASHCARD QUESTION
Front
The money brought in to your business would fall into which section of the business model canvas?
Back
Revenue Streams
7.
FLASHCARD QUESTION
Front
Which of the following does channels address? How customers can purchase or gain access to a product/service. How customers are exposed to a product or service. How customers hear about a product. How customers tell others about a product.
Back
How customers can purchase or gain access to a product/service.
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