Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
16 Cards in this Set
- Front
- Back
The customer who is most likely to buy
|
Target Customers
|
|
A distinctive aspect, quality, or characteristic of a product or service
|
Feature
|
|
A presentation of the scope and purpose of a company and a reflection of it's values and beliefs
|
Vision Statement
|
|
A clear and concise description of a business opportunity
|
Business Concept
|
|
A tool for organizing important information about a business venture's competition
|
Competitive Grid
|
|
The process that tests a business concept
|
Feasibility Analysis
|
|
Something the promotes or enhances the value of a product or service to the customer
|
Benefit
|
|
A document that describes and a strategy to launch that business
|
Business Plan
|
|
Offer technical and general assistance to entrepreneurs in a specific profession or industry
|
Trade Association
|
|
The means by which a product or service is delivered to the customer
|
Distribution Channel
|
|
A description of how you intend to make money with your business concept
|
Business Model
|
|
A distribution channel that delivers a service or product directly to the customer
|
Direct Channel
|
|
A group of businesses with a common interests
|
Industry
|
|
A statement telling the specific aspirations of a company, and the goals for which it will strive
|
Mission Statement
|
|
The product is sold through wholesale
|
Indirect Channel
|
|
A federal agency that provides services to small businesses and new entrepreneurs
|
Small Business Administration
(SBA) |