Entrepreneurship: Opportunity Recognition, Ch. 6
Flashcard
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Other
•
9th - 12th Grade
•
Hard
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1.
FLASHCARD QUESTION
Front
One example of a quick-summary type of business plan is called an _____________________ pitch.
Back
elevator
2.
FLASHCARD QUESTION
Front
The purpose of the oral presentation is to interest potential ________________ in reading the detailed business plan.
Back
investors
3.
FLASHCARD QUESTION
Front
A written business plan should be no more than ______ typed pages.
Back
20
4.
FLASHCARD QUESTION
Front
A well-written business plan never needs to be revised.
Back
False
5.
FLASHCARD QUESTION
Front
A well written business plan should take at least three hours to read.
Back
False
6.
FLASHCARD QUESTION
Front
A business should fill a ________ or _________ that is not currently being met.
Back
need, want
7.
FLASHCARD QUESTION
Front
A business must provide a product or service at a price that will attract customers but still earn a reasonable
Back
profit
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