Entrep Quiz 2

The Seven P’s will fall under _____________ Plan.

• Production

• Orgnization

• Financial

• Marketing

is money (or some equivalent value) that an individual or businessreceives, usually in exchange for providing a good or service or throughinvesting capital.

• Income

• Cash flow

• Equity

• Competitor

A company's competitors are companies who are trying to sellsimilar goods or services to the same people.

• Marketing Mix

• Competitor

• Equity

• Cash flow

is the advertising strategy that a business will implement to sell its product or service.

• Marketing plan

• Marketing

• Financial plan

• Finance

It is the process of reaching the customer to sell to them and deliver products and services.

• Product

• Place

• Price

• Promotion

is the net amount of cash and cash equivalents being transferred into and out of a business.

• Cash flow

• Income

• Equity

• Competitor

It refers to a mode, means, or tool used by the entrepreneur to position the product in the target market segment to efficiently and effectively deliver it to the customers and to convince them about the benefits that they will derive from buying the product.

• Cash flow

• Equity

• Competitor

• Marketing mix

The process of delivering your product to the consumer should be designed for maximum efficiency and reliability.

• Price

• Promotion

• People

• Process

It incorporates aspects that prove your brand exists and that a purchase took place.

• Product

• Physical evidence

• Place

• People

The process of setting competitive prices or prices that maximize revenue based on the willingness to pay customers.

• Product

• Place

• Price

• Promotion