entrepreneurship chapter 5

5. a document explaining the purpose and future of the buisness
6. distinct aspect and qualities of a product or service
8. process that tests a buisness concept that determines the potential of the product
10. exaggerated statement of what a company wants to become
13. a document that describes a new buisness, explaining to investors why a new buisnees deserves financial help.
17. federal agency that provides to small buisnesses and new entrepreneurs
18. a statement a company gives out that shows their purpose
20. a way of selling to consumers that isnt directly to them

1. a working model used by entrepreneurs to determine what it takes to develope their products
2. a distribution channel in which producers sell directly to consumers
3. things that promote or enhance the value of a product
4. distribution channel i which a product flows from the producer to the customer
7. organization made up of individuals and buisnesses
9. end uers of a service, also called consumers
11. tool for organizing important info about a buisness venture competition
12. the journey it takes for a product to arrive to the consumers
14. description on how entrepreneurs plan to make money with their buisness
15. people most likely to buy a buisness product and service
16. clear and concise description of a buisness opportunity
19. a group of buisnesses with a common interest