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22 Cards in this Set
- Front
- Back
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GTDO business plan
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Helps u evaluate the progress of your business |
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GTDO fixed costs |
A cost dat doesn't change according to the level of production |
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GTDO target market |
Consists of da ppl prepared to buy ur product |
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GTDO break-even |
Da no. Of products which have to be sold to reach a point where no profit n no loss r made |
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GTDO market research |
Determines if ur customers will buy ur product |
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GTDO A questionnaire |
Must establish the reason for ppls response |
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GTDO COST price |
He much it costs to make or buy a product |
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GTDO A SWOT analysis |
Makes u consider da influence of outside forces of ur business |
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GTDO competitive advantage |
Da reason y customers will prefer to buy from u |
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GTDO variable costs |
A cost which changes according to da level of production |
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GTDO the purpose of advertising |
Draws attention to ur product in order to increase sales |
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GTDO packaging |
Should be appealing n attract customers |
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GTDO Informal businesses |
Businesses dat do not stick to strict record keepin |
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GTDO fee/current fee |
Offer in a service for which u earn an income |
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GTDO budget |
A future (financial ) show in ur payments n ur receipts |
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GTDO bartering |
Exchanging an I ten for another without us in money |
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GTDO income |
Increase ur wealth |
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GTDO EXPENSE |
Items dat r paid for but has no last in value |
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GTDO sustainable |
Can continue to exist |
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GTDO economic growth |
Bringing bat an improvement in da production levels of da country to da benifit of many |
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GTDO entrepreneaur |
A person who is prepared to take a risk n start a business |
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GTDO variable expenses |
Costs dat vary in proportion to da no. Of units made |
