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WorksheetsEntrep - Business Plans
Total questions: 25
Worksheet time: 13mins
Statistical data that describes a given market
by criteria such as age, gender, and income
Demographics
Geographics
Psychographics
Marketing
Which inventory system is continually updated on a daily basis?
Weekly
Just-in-Time
Perpetual
Tracking
The ______________________________ is the first thing you should see on a Business Plan
Marketing Summary
Business Summary
Proposed Summary
Executive Summary
What type of pricing strategy is used to offer products in the same line at several different
prices; low, medium, and high? This would be like the different models of a Porche 911 car.
Price Lining
Odd-Even Pricing
Mixed Pricing
Demand-based Pricing
What type of pricing method lowers prices for a limited time to stimulate demand?
Seasonal discount
Niners
Bundle pricing
Promotional pricing
Which category of the Marketing Mix deals with intermediaries?
Publicity
Price
Place
Promotion
This legal form of ownership operates apart
from its owners, and lives-on after the owner
dies
Promotional mix
Partnership
LLC
Corporation
Includes advertising, publicity, personal
selling, and sales promotions.
Channels of Distribution
Business Plan
Promotional Mix
The P's of Marketing
A business with two or more owners who
share ideas, abilities or financial obligations.
Partnership disclosure
Partnership
Business Chart
Public company
The _______________________________ section features a customer demographic
profile, identifies competitors, and explains your competitive advantage by utilizing your
research.
Marketing Plan
Product and services
Financial Statements
Marketing and Competitive Analysis
In the ___________________________section of the Business Plan, a business description, customer location, market research and proposed organizational structure takes place.
Section I: Financing
Section II: Analysis of Business Situation
Section III: Marketing and Promotional Plan
Section IV: Executive Summary
A discount pricing method that is often used when ordering t-shirts for the school—the larger the order, the cheaper the per-unit price
Promotion
Price Lining
Quantity Discounts
Cash Discount
Which of the following is NOT a good management skill?
Conceptual
Technical
Networking
Commuting
Pricing based on the level of demand for the product where the price will often change. For Example when hotel prices increase in Las Vegas when the Raiders have home games.
Demand based pricing
Prestige pricing
Price gouging
Price lining
Different products or brands sold by a company
Marketing Mix
Product Mix
Product Depth
Product 4 P's
Before writing this section, an accountant and/or attorney should be consulted to determine what ________________________________ would most benefit your company needs, size, or issues of liability
4 P's
Type of Product
Form of Ownership
LLC
