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WorksheetsBusiness Plan Intro
Total questions: 15
Worksheet time: 16mins
The Market is:
A place where people can sell their own products without a license. (Market stalls)
The area which a business has delved into in terms of the product/service they are selling or providing.
The customer which a product will be targeting.
Refers to what you are selling, including all of the features, advantages and benefits that your customers can get.
Price
Packaging
Promotion
Product
Refers to the staff and salespeople who work for your business, including yourself.
Positioning
Promotion
Place
People
It details how the proposed business will sell its product to the target consumer.
Marketing Plan
Financial Plan
Organizational Plan
Introduction
What challenges does an entrepreneur face?
money
responsibility
paperwork
all of the above
At what age can you become an entrepreneur?
20
18
50+
any age
Can entrepreneurs be high risk takers?
Yes
No
Who are the people who buy a good or service?
manager
employee
consumer
entrepreneur
a new idea or method, or the use of new ideas and methods. This is the meaning for:
entrepreneurship
innovation
initiative
enterprise
Which of the following is NOT a characteristic of an entrepreneur?
Someone who enjoys being challenged
Someone who likes to be told what to do
Someone who demonstrates initiative
Someone who has great ideas
