Micro Enterprise Credentials

--is the selling and shipping of goods to another country.

• exporting

• embargo

• tariff

• merchandising

-is the buying or bringing in goods from other countries to sell.

• free trade

• regional opportunity

• importing

• purchasing

A/an __ is a restriction on goods entering or leaving a country.

• trade agreement

• trade barrier

• export fee

• embargo

A -- is a clear and concise description of an opportunity.

• business model

• feasibility analysis

• business concept

• business plan

The process used to test a business concept is called a --

• feasibility analysis

• consumer trend

• focus group

• value chain

A--- is a group of businesses with a common interest.

• association

• trade union

• industry

• manufacturer

Those most likely to buy a business's products and services are --

• manufacturers

• trade organizations

• other businesses

• target customers

__ is a way to understand the industry's ability to support new growth.

• market forecasting

• market expansion

• market research

• carry capacity

The particular group of customers you are interested in is the --

• total market

• target market

• customer base

• market segment