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Exploring Entrepreneurship
9th - 12th  , marketing promotion test review, sales process cycle, market research, 9th - 10th  , decisions, decisions, decisions, entrepreneurship final.
E CH. 5 Feasibility and Business Planni...
9th - 12th grade.
E CH. 5 Feasibility and Business Planning
35 questions
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A _______________________ is a clear and concise description of an opportunity.
business model
feasibility analysis
business concept
business plan
The process used to test a business concept is called a ___________________.
consumer trend
focus group
value chain
A / An ____________________ is a group of businesses with a common interest.
association
trade union
manufacturer
Those most likely to by a business's products and services are __________________________.
manufacturers
trade organizations
other businesses
target customers
To develop a new business first you need to create a / an _________________.
A ______________________ describes how you intend to make money with your business concept..
The _____________________ is the distribution channel through which your product or service flows from the producer to the customer.
highway system
distribution channel
direct channel
When you have a feasible business concept, the next step is to develop a / an _________________________.
financial analysis
A _____________ expresses the specific aspirations of a company.
vision statement
mission statement
A __________________________ is the means by which you deliver a product or service to the customer.
delivery method
The _________________________ looks at people aspects of the business.
growth plan
contingency plan
organizational plan
The financial plan presents _______________ for the future of the business.
In projecting growth levels, investors will be impressed by _____________________.
large sales figures
conservative calculations
communication skills
underestimating the need for capital
The ______________________ is a government agency that provides services to new entrepreneurs.
Better Business Bureau
Census Bureau
Small Business Administration (SBA)
A _____________________ offers technical and general assistance in a specific profession.
trade association
trade mission
banking institution
chamber of commerce
A _________________________ is clear and concise description of an opportunity.
A ________________________ is something that promotes or enhances the value of the product or service to the customer.
A _________________ , by contrast, is a distinct aspect, quality, or characteristic of a product or service.
The process used to determine the initial feasibility of an idea is called ____________________________
A / An ______________________________ is a group of businesses with a common interest, such as financial services, computers, retail, or groceries.
beneficiaries
At stores, there are __________________________________
(ex. parents), that are those people most likely to buy the products or services the store is offering.
Teens are the ______________________________ or end-users of the service or good.
A ___________________________ is a working model of a new product.
A _____________________________ is a tool for organizing important information about the competition.
competitive grid / matrix
A _____________________________ describes how you intend to create and capture value with your business concept.
The _________________________________ is the distribution channel through which your product or service flows from the producer to the customer.
A _____________________________ is a document that presents a complete and detailed picture of the business and the strategy to launch that business.
The ___________________________ is a brief explanation of the key points contained in a business plan.
executive summary
A ________________________ establishes the scope and purpose of a company and reflects its values and beliefs.
A _________________________ expresses the specific aspirations of a company, the major goal for which it will strive.
A _____________________________ is the means by which you deliver the product or service to the customer.
If you are building websites that provide a service, you will probably have a _______________________ .
If you are manufacturing a computer game, you may have an _____________________________.
indirect channel
The _________________________________ is a federal agency that provides services to small businesses and new entrepreneurs.
Specialty Business Administration
Small Boxes Administration
Small Business Administration
A / An ___________________________ offers technical and general assistance to entrepreneurs in a specific profession or industry.
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- BusinessWeek Case Studies Reading Guide Activity
- Issues in Enterpreneurship Research Activity
- Standard and Poor's Money Talk Financial Literacy Activity
- Success Stories Writing Activity
- Technology Today Vocabulary Practice Activity
Textbook Resources
- Business Plan Project Template
- Sample Business Plans
- Links to Business Plan Resources
- Study-To-Go
Unit Resources
Chapter Activities
- Practice Test
- Interactive Tutor
- Software Application Activity
Section Resources
- Frequently Asked Questions
- Curricula Correlations
- PowerPoint sample chapter
- Reading Organizers Answer Key
- Brainstorming Games
- Build Self Knowledge Games
- Stimulate Creativity Games
- Software Applications Activities Answer Key
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Verified questions. accounting. For each of the following companies, determine if their e-commerce strategy is primarily business-to-consumer (B2C), business-to-business (B2B), or both. Use the Internet to investigate each company's site in conducting your research. d.
Chapter 5: Feasibility and Business Planning. Get a hint. Business concept. Click the card to flip 👆. A clear and concise description of a business opportunity. It contains four elements: the product or service, the customer, the benefit, and the distribution. Click the card to flip 👆.
Entrep Chapter 5 - Feasibility and Business Planning. business concept. Click the card to flip 👆. A clear and concise description of a business opportunity. It contains four elements: the product or service, the customer, the benefit, and the distribution. p. 94. Click the card to flip 👆.
Chapter 5: Feasibility and Business Planning Practice Test. Your Results: The correct answer for each question is indicated by a . 1: A _____ is a clear and concise description of an opportunity. ... business plan: 12: The financial plan presents_____for the future of the business. Need a Hint? A) forecasts: B) finances: C)
Section 5.2 The Business Plan . SECTION 5.2 After You Read Answer Key . Self-Check . 1. The business plan will help you think through the operations of the business and how you can best launch it. It also helps you organize and analyze critical data. 2. The market analysis results in a deep understanding of the customer and the customer's ...
Chapter 5: Feasibility and Business Planning Chapter Practice Tests. Your Results: The correct answer for each question is indicated by a . 1: A _____ is a clear and concise description of an opportunity. Need a Hint? A) business model: B) ... business plan: 12: The financial plan presents_____for the future of the business. Need a Hint? A)
SECTION 5.1 After You Read Answer Key . Self-Check . 1. A business concept takes an idea for a new business and turns it into a clear, concise description of an opportunity. 2. The four components are the product or service, the customer, the benefit, and the distribution. 3. A feasibility analysis helps the entrepreneur decide whether a new ...
Chapter 5: Feasibility and Business Planning. In this Chapter: Chapter Practice Tests. Chapter Games. Software Applications Activities. Section 1: Feasibility Analysis: Testing an Opportunity. Section 2: The Business Plan. Chapter Practice Tests. Chapter Games.
CH 5 Feasibility & Business Planning quiz for 9th grade students. Find other quizzes for Other and more on Quizizz for free! ... Worksheet Save Share. Copy and Edit. Other. 9th - 12th grade. CH 5 Feasibility & Business Planning ... 15 questions. Show answers Preview. Show Answers. See Preview. 1. Multiple Choice. Edit. 30 seconds. 1 pt. A ...
A working model of a new product. business concept. Is a clear and concise description of an opportunity. feature. A distinctive aspect, quality, or characteristic of the product or service. benefit. Feature that promotes or enhances the value of a product or service to the customer. feasibility analysis.
Graphic Organizers—Entrepreneurship: Building a Business 10 CHAPTER ... Directions Write the 18 components of a business plan. Section 5.2 The Business Plan 5 Feasibility and Business Planning Business Plan Components. Title: untitled Created Date: 3/10/2010 9:56:58 PM ...
2. Never make a decision to proceed with a feasibility study or accept a feasibility study on negative reactions; for example, out of resentment or envy toward middlemen, money lenders, etc. 3. For group action, a few reliable and loyal persons are superior to a larger number of doubtful persons. 4.
Play this game to review Business. A _____ is a clear and concise description of an opportunity. Preview this quiz on Quizizz. A _____ is a clear and concise description of an opportunity. E CH. 5 Feasibility and Business Planning DRAFT. 9th - 12th grade. 10 times. Business. 69% average accuracy. 8 months ago. bucher_49963 . 0. Save. Edit. Edit ...
ENTREPRENEURSHIP CHAPTER 5 ONLINE PRACTICE TEST: FEASIBILITY AND BUSINESS PLANNING (P2) This is the practice test that is given at www.entrepreneurship.glencoe.com. Read each question carefully and choose the best answer. This is an open book activity.
The business plan is the road map for the development of the business because it. defines the vision for the company. establishes the company's strategy. describes how the strategy will be implemented. provides a framework for analysis of key issues. provides a plan for the development of the business.
Chapter 5: Feasibility and Business Planning. In this Chapter: Practice Test. Interactive Tutor. Software Application Activity. Section 1: Feasibility Analysis: Testing an Opportunity. Section 2: The Business Plan. Practice Test. Interactive Tutor.
Feasibility and Business Planning - Chapter 5. A clear and concise description of an opportunity. Click the card to flip 👆. Business Concept. Click the card to flip 👆. 1 / 15.
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1 Chapter 5 - Feasibility and Business Planning Section 5.1 - Feasibility Analysis: Testing an Opportunity Once you have an idea for a new business, you need to turn it into a Business Concept Business Concept - a clear and concise description of an opportunity.
Study with Quizlet and memorize flashcards containing terms like Business concept, Feature, Benefit and more.
The document discusses feasibility analysis and business planning. It explains that feasibility analysis tests a business concept in the marketplace and involves defining the concept, analyzing the industry, testing with target customers, prototyping the product or service, studying competition through a grid, examining the business model and value chain. Once judged feasible, a business plan ...
Chapter 5 - Feasibility and Business Planning. Flashcards; Learn; Test; Match; Flashcards; Learn; Test; ... Chapter 5 Marketing Notes. 28 terms. queenofcheese. Preview. 4/17/24 Lecture 8 Orgs in the New Economy . ... A brief recounting of the key points contained in a business plan. a mission. a strongly felt aim, ambition, or calling.
Glencoe Entrepreneurship: Building a Business Feasibility Analysis: Testing an Opportunity SECTION SECTION 5.1 5.1 Chapter 5 Researching and Planning Your Venture Developing a Business Concept Once you have a idea for a new business, define it by writing a clear and concise business concept. business concept a clear and concise description of a business opportunity; it contains four elements ...