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WorksheetsEntrep (Review)
Total questions: 20
Worksheet time: 10mins
It is the push for innovation and improvement.
Determination
Creativity
Dedication
Flexibility
It is the ability to move quickly in response to changing market needs.
Dedication
Flexibility
Leadership
Passion
It is the ability to create rules and to set goals.
Management
Leadership
Self-confidence
Passion
The French word, “entreprendre”, means ___________.
to challenge
to undertake
to make profit
to negotiate
The following are the list on what entrepreneurship teaches us, EXCEPT:
instills confidence
creates risks
creates opportunities
ensures social justice
To become an entrepreneur, you should be at least a senior high school graduate.
True
False
It is a method to market your product or service in a way that is different than other competitor’s marketing strategies.
Unique Selling Proposition
Unique Selling Proportion
Value Proposition
Unique Proposition
It is a written document prepared by the entrepreneur that describes all the relevant external and internal elements involved in starting a new venture
Marketing Plan
Operating Plan
Business Plan
Financial Plan
This plan describes the complete manufacturing process.
Description of Venture
Production Plan
Operations Plan
Marketing Plan
It is an analysis or statement of the combination of good and services offered by a company to its customer in exchange for payment.
Value Proposition
Selling Proposition
Unique Value
Mission and Vision Statement
It is the process of framing financial policies in relation to procurement, investment and administration of funds of an enterprise.
Marketing Plan
Financial Plan
Investment Plan
Capital Plan
It is also known as "potential customers"
target vendors
target market
target suppliers
target competitors
This contains any backup material that is not necessary in the text of the document.
References
Table of Contents
Appendix
Executive Summary
It is a combination of factors that can be controlled by a company to influence consumers to purchase its products
Marketing
Selling
Marketing mix
Advertising
It is the degree to which a business or activity yields profit or financial gain.
Viability
Profitability
Liquidity
Solvency
It is a tangible item that is put on the market for acquisition, attention, or consumption
Needs
Wants
Products
Services
It is something that an individual desires, but would be able to live without.
Needs
Wants
Vices
Likes
It is the visual element in the packaging of your product or service through the eyes of a critical prospect
Labelling
Packaging
Box
Paperbag
This includes all the ways you tell your customers about your products or services and how you then market and sell to them.
Place
Product
Promotion
Price
These are the wants or voice of customer in stated or implied terms.
Customer requirements
Customer demand
Customer voice
Customer concerns
