Entrepreneur & Business Review

What is the definition of a Business?

• A company or organization that sells products or provides services to customers.

• A system in which people buy and sell goods, services, and resources.

• The more people demand the more business will supply.

• Someone who starts a business with the intention of earning a profit.

What is the definition of a Market?

• A company or organization that sells products or provides services to customers.

• A system in which people buy and sell goods, services, and resources.

• The more people demand the more business will supply.

• Someone who starts a business with the intention of earning a profit.

Describe Supply and Demand in Business?

• A company or organization that sells products or provides services to customers.

• A system in which people buy and sell goods, services, and resources.

• The more people demand the more business will supply.

• Someone who starts a business with the intention of earning a profit.

What is an Entrepreneur?

• A company or organization that sells products or provides services to customers.

• A system in which people buy and sell goods, services, and resources.

• The more people demand the more business will supply.

• Someone who starts a business with the intention of earning a profit.

What is a Product?

• A physical item created to be used, such as a car, or phone.

• Something useful offered like cell phone service or haircut

• A presentation to explain a business idea.

• A brief visual presentation that shows the critical details of business products or services.

What is a Service?

• A physical item created to be used, such as a car, or phone.

• Something useful offered like cell phone service or haircut

• A presentation to explain a business idea.

• A brief visual presentation that shows the critical details of business products or services.

What is an Elevator Business Pitch?

• A physical item created to be used, such as a car, or phone.

• Something useful offered like cell phone service or haircut

• A presentation to explain a business idea to an investor.

• A written paper that shows the critical details of business products or services.

The best businesses fit a need or want of customers.

• True

• False

Click all the reasons why a single person would want to be an entrepreneur?

• Make your own rules

• Do something you enjoy

• Financial Reward

• Helping your community