Entrepreneurship Vocabulary

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1.
1 point
A consumer need or want that can be potentially met by a new business
2.
1 point
Particular group of consumers at which a product or service is aimed
3.
1 point
An amount of money that is brought into a company by its business activities.
4.
1 point
Rival businesses competing for dollars your target market spends is?
5.
1 point
The owner of a business, or holder of a property
6.
1 point
Marketing is the potential group of customers, people, or businesses that are able and willing to purchase product or service.
7.
1 point
SWOT analysis stands for what?
8.
1 point
The action or business of promoting and selling products or services, including market research and advertising.
9.
1 point
A legal relation existing between two or more persons contractually associated as joint principals in a business is a proprietor.
10.
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Organized way to gather and understand information needed to make informed business decisions based on the potential customers and competitors that exist in the market.
11.
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Person who wants to start a business and willing to risk loss in order to make money, organizes, manages, and assumes risk of a business is an entrepreneur.