ENTREP QUIZ #6

Encourage employees to give their input about your proposed changes.

• 
  Open Communication

• Invest in Training

• Consider Outside Factors

• Close Communication

Is the production of an essentially intangible benefit, either in its own right or as a significant element of a tangible product, which through some form of exchange, satisfies an identified need.

• Performance Task

• Non-durables

• Services

• Durables

All the things a company does to run its business and make money. It's like 'how' a business works.

• Business Records

• Business Manual

• Business Planning

• Business Operations

What are the four elements of business operations information?

• Process, Stopping, Location Equipment and Technology

• Process, Staffing, Location Manager and Technology

• Process, Staffing, Location Equipment and Technology

• Process, Staffing, Location Equipment and Technolympics

It is to implement a sustains delivery of goods and services to the business customers at a cost that is less than the funds acquired in exchange for said goods and self- employee services to make a profit.

• Consolidating Recurring Income

• Consolidating Recurring Expenses

• Consolidating Recurring People

• Consolidating Recurring Manager

Different sources of business income that support each other; example - sell printers and toners.

• Multiple revenue street

• 
  Multiple Netflix streams

• Multiple expense streams

• Multiple revenue streams

Offer product or service to a wider group of an existing market or to a target demographic, psycho-graphic or geographic market.

• Expand Income

• Expand Market

• Develop Brand

• Market Process

A recognized, respected and developed brand is highly commendable. It can be done through research, design and marketing of companies brand name, logo and tagline.

• 
  Business Records

• Develop Brand

• 
  Develop Website

• 
  Market Process

Involves establishing structures and activities needed to introduce a business into the marketplace. 

• Business Implementation

• 
  Business Records

• Business Manager

• Business Operations

The implementation of a plan brings about change meant to help improve the company or solve a problem. The changes can occur to policies, management structures, organization development, budgets, processes, products or services.

• Organizational Development

• Staffing

• Change

• Location