Entrepreneurship Test Study Tool

Natural skill in a particular area...

• Competition

• Demographics

• Aptitude

• Capitalism

A distinctive name, symbol, or deign that identifies a product or company...

• Employee

• Business

• Ideas

• Brand

A systematic process of generating multiple creative solutions or ideas...

• Brainstorming

• Customer Profile

• Economic Resources

• Fixed Cost

An economic system based on private ownership and free markets...

• Competition

• Aptitude

• Discount Pricing

• Capitalism

Rivalry between businesses for customers...

• Pricing Strategy

• Competition

• Marketing

• Ideas

Setting prices based on what competitors are charging...

• Competition based pricing

• Competition

• Aptitude

• Wants

Study of competitors strength and weaknesses..

• Customer Profile

• Direct Competition

• Competitive Analysis

• Demographics

Setting prices based on the costs of production plus the desired profit margin...

• Company

• Product

• Market Research

• Cost based pricing

A detailed description of a customer...

• Customer profile

• Analysis

• View

• Demand

The process of building and maintaining relationships with customers...

• Features

• Fixed Cost

• Target Market

• Customer Relationship Management