Eship Vocab Check In
Across
- 1. A type of business and/or entrepreneur that recognizes a social problem and uses entrepreneurial methods to create, organize, and manage a venture to address it.
- 4. Type of business that buys products with the intention of using them as materials in making a new product; combines raw materials, labor, and factory overhead in its production process
- 10. managers responsible for setting goals and planning the future for a company.
- 13. managers who carry out the decisions of top management and oversee specific department
- 16. Usually the entrepreneur, any partners, and the first level of personnel reporting directly to the president/CEO
- 18. A new way of doing things; a new idea, method or device
- 22. Pricing based on adding a markup to your costs.
- 23. every person you hire, every member of your team, is support staff. They are there to support you and your dream
- 24. Gathering data and information about a business's potential customers.
- 25. The daily processes and people needed for the business to function in a manner that satisfies customers.
- 28. To distinguish your business from competitors by offering novel or distinct goods, services, or prices.
- 29. SHORTCOMINGS IN ALREADY CREATED PRODUCTS.
- 33. The amount you charge customers for your goods or services.
- 37. the practice of funding a project or venture by raising many small amounts of money from a large number of people, typically via the Internet
- 38. Small groups of people who are asked questions in person so the questioner can observe responses and follow up with questions where needed.
- 39. The ability to achieve economic, social and environmental goals without compromising the ability of future generations to meet their own needs
- 40. A type of competitive analysis focusing on strengths, weaknesses, opportunities, and threats.
- 43. Someone who creates and runs their own business
- 44. SOMETHING THAT CANNOT EASILY BE COPIED BY A COMPETITOR.
- 45. An organization that provides products or services, usually to make money.
- 46. A written description of a job's title, duties, competencies and skills required, where the job fits into the company, and possibly the salary range.
- 47. A probability or threat of damage, injury, liability, loss, or any other negative occurrence that is caused by external or internal vulnerabilities.
Down
- 2. Data that is gathered for the first time for a specific purpose.
- 3. managers who are responsible for the daily operations of a business, such as supervision and office managers
- 5. THE FEATURE THAT MOTIVATES BUYERS TO PURCHASE YOUR PRODUCT AND IS DISTINGUISHABLE FROM YOUR COMPETITION
- 6. An ability that is learned over time through practice & training
- 7. feature or quality indicating the nature of a person
- 8. Pricing based on what your competitors have set for prices.
- 9. A BASE PROBLEM FOR WHICH THERE IS NOT YET A SOLUTION.
- 11. the number of subordinates who report directly to a manager
- 12. Legal protection of an invention or process granted by the government to its owners for a certain number of years
- 14. Persons who provide specialty services on an hourly basis or by the job.
- 15. The study and/or process of designing, launching, and running a new business, which is often initially a small business
- 17. Indirect incentives that are used to attract or retain employees.
- 18. Students who will work for little or no pay to gain experience in a particular field.
- 19. Number of units you must sell to cover your fixed costs, given your price and variable costs per unit.
- 20. the benefit achieved when people or companies reduce their risk and earn income from their operations
- 21. Type of business that classified in more than one type of business.
- 26. A legal document giving official permission to run a business
- 27. An interaction between two or more persons with an exchange of information, ideas, feelings or emotions
- 30. A working model of the new product
- 31. Pricing based on what customers are willing to pay.
- 32. Calling or contacting persons who can attest to the applicant’s capabilities and character; most often these are former employers
- 34. Type of business that buys products at wholesale price and sells the same at retail price; sells a product without changing its form. Also known as retailing.
- 35. A tangible (physical) item that you sell to customers.
- 36. Starting up a new, risky business, an organization that provides products or services, usually to make money.
- 41. Type of business that provides intangible (nonphysical) products.
- 42. Existing data published by other sources.