Economics Unit 3

2. a plan that determines how the business will expand in the future.
4. a plan that includes business processes that result in production and delivery of products or service.
5. a plan that presents forecasts for the business to show its financial health.
6. a statement that establishes the scope and purpose of a company.
7. outlines the business and helps investors understand the size, scope and type of your business.
10. a ______ analysis shows information gathered about competitors.
11. a statement that expresses the specific aspirations of a company and the goals it will try to reach.
13. a small business __________ is a government agency that protects the interest of small businesses.
15. a _______ summary is a brief account of the key point contained in a business plan.
17. a _______ business operates on the internet.
18. a ______ analysis includes demographic data about the target market and business location.

1. an independently owned business that usually has the owner as its manager.
3. a plan that describes the people who will run the firm as well as management's philosophy.
7. a plan that looks at likely risks to the business and determines ways to minimize those risks.
8. Someone who recognizes a business opportunity and organizes, manages, and assumes the risk of starting a business.
9. a Product and ______ plan describes the product or service you want to offer along with possible spin-offs.
12. a ________ team plan that shows qualifications you might have in your business.
14. a ______ overview presents research of the industry and discusses trends and growth in the industry.
16. A business undertaking that involves risk.