Entrepreneurship Vocabulary
Across
- 2. Information about the target market.
- 5. A single marketing strategy to reach all customers.
- 7. An attribute of goods or services that makes them capable of satisfying consumer wants and needs.
- 8. An acronym for Specific, Measurable, Achievable, Relevant, and Time bound.
- 11. People who work for a company.
- 13. Intangible items of monetary value that satisfy the wants and needs of customers.
- 14. The money earned from conducting business after all the costs and expenses are paid.
- 16. An exhibition at which businesses in a particular industry promote their products and services.
- 20. A complex mental state involving beliefs, feelings, values, and dispositions to act in certain ways.
- 21. The steps include: Define a proble, analyze it, identify possible solutions, choose the best solution, plan the course of action, and then implement the solution while monitoring its effectiveness.
- 23. checking and savings accounts, stocks, and real estates are examples of ______.
- 26. The money left after paying for basic necessities such as food, clothing, and shelter.
- 29. Includes all businesses that buy products for use in their operations.
- 33. The money recievedin a business from the sale of products and offering services.
- 35. company's percentage of the total sales volume generated by all companies that compete in a given market.
- 37. A legal entity by either state or federal statute, authorizing individuals to operate their business.
- 38. A strategy called the four P's: Product, Place, Price, and Promotion.
- 39. A brief overview of the entire marketing plan.
- 40. A market where consumers purchase goods for their personal use.
Down
- 1. Segmentation of the market based on where people live.
- 3. Calculated when liabilities are subtracted from the assets.
- 4. A formal, written document that directs a company's activities for a specific period of time.
- 6. An unincorporated business with a single owner who pays personal income tax on business profits.
- 9. An evaluation of oneself or one's actions and attitudes, in particular, of one's performance at a job or learning task considered in relation to an objective standard.
- 10. Acronym for Strengths, Weaknesses, Opportunities, and Threats.
- 12. The money left after taking out taxes.
- 15. A method used to generate several ideas that can solve problems.
- 17. The cost of operations that a business incurs to generate revenue.
- 18. Tangible items of monetary value that satisfy the wants and needs of customers.
- 19. The ability or expertise to do something well.
- 22. The idea that a business should strive to satisfy the wants and needs of customers while generating a profit for the business.
- 24. Stands for Limited Liability Company.
- 25. A market segmentation based on similar attitudes, interests, opinions, lifestyles, and shared values.
- 27. The money recieved on a regular basis as a part of service or through investments.
- 28. The study of all the internal and external factors the affect the marketing strategies of a business.
- 30. The ability or natural talent, or the potential to learn a certain skill.
- 31. A debt owed to others.
- 32. Beliefs that guide the way people live
- 34. People who take risks, and they create, launch, organize, and manage a new business.
- 36. A part of every aspect of business or life and provide a sense of direction, motivation, and a clear focus.