Chapter 2 Business Plan

2. Intangible action or task that is performed, usually for a fee.
4. As a function of business, includes all the business activities that involve money.
9. All of the goods and services that a business sells
10. Overall goal for a company's future; included in the business plan.
12. Financial Statements based on then best e
13. Guide that leads an entrepreneur through nine logical questions when brainstorming new business ideas.
15. Written document that describes in detail the strategy for creating a new business.
16. The natural resources, Human Resources, and capital resources with which a country creates goods and provides services.
19. All the activities required to make a product.
20. Business that turns raw materials from natural resources or product components into new products for sale.
21. Costs involved in operating a business.

1. Business that purchases large amounts of goods directly from manufacturers for resale to various retailers.
3. Written plan of action to ensure a positive and rapid response to a changing situation.
5. Message to the customer as to why a business exists; included in the business plan.
6. Term for all the activities involved in developing and exchanging products.
7. Science that deals with examining how goods and services are produced, sold, and used.
8. Day-today activities necessary to keep a business up and running.
11. Anything that can be bought or sold, which includes both goods and services.
14. Something that a person desires, but can function without.
17. Right to sell a company's goods or services in a particular area.
18. Business that buys products from wholesalers or directly from manufacturers and resells them to consumers.