An overview of your business goals and includes details on how you think you are going to achieve them.

Everfi Venture Entrepreneurial Expedition Vocabulary

Quiz
•
Other
•
8th Grade
•
Medium
Marcie Soehnlen
Used 133+ times
FREE Resource
21 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Business Opportunity
Business Plan
Entrepreneurship
Features
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
They sell directly to the customer, for instance a local shoe store that gets its shoes from the different shoe company to sell to customers that come into the store.
Wholesalers
Manufacturers
Entrepreneurs
Retailers
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A consumer need or want that can be potentially met by a new business.
Feature
Competition
Break-Even Point
Business Opportunity
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Anything that has a value.
Assets
Debt
Liabilities
Features
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
They sell products in larger volumes (but less than the manufacturer) to the retailer, such as a global shoe company company that gets its shoes made by a factory and then sells them to local stores.
Retailers
Wholesalers
Manufacturers
Entrepreneurs
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A form of primary research, usually consisting of a small group of people gathered together to help discuss or answer a prepared set of questions.
Features
Business Pitch
Direct Competitor
Focus Group
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When a business’s expenses and sales equal zero because the business has sold exactly enough units to cover its fixed expenses.
Break-Even Point
Fixed Operating Expenses
Market Research
Risk
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