BizInnovator Startup - Know Your Customer

Flashcard
•
Business
•
9th - 12th Grade
•
Hard
Alyson Brader
FREE Resource
Student preview

17 questions
Show all answers
1.
FLASHCARD QUESTION
Front
Which of the 4 "P's" of marketing pertains to advertising? Options: Promotion, Place, Price, Product
Back
Promotion
2.
FLASHCARD QUESTION
Front
What is a valuable assumption about the use of Customer Discovery?
Back
Provides an entrepreneur with important information about their product.
3.
FLASHCARD QUESTION
Front
Can target markets be everyone?
Back
No, target markets cannot be everyone.
4.
FLASHCARD QUESTION
Front
Which of the 4 "P's" of marketing deals with financial aspects of your product? Options: Price, Promotion, Place, Product
Back
Price
5.
FLASHCARD QUESTION
Front
What role do customers play in the success of a product/business?
Back
Customers must like the business idea and be willing to use/purchase the product.
6.
FLASHCARD QUESTION
Front
Which of the following resources could provide you with Secondary Research Data? Options: Trade Magazines, Focus Groups, Online Surveys, Customer Interviews
Back
Trade Magazines
7.
FLASHCARD QUESTION
Front
What do the letters MVP stand for in Entrepreneurship?
Back
Minimum Viable Product
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