Chapter 2 Business Plan

2. Day-today activities necessary to keep a business up and running.
4. Term for all the activities involved in developing and exchanging products.
8. Science that deals with examining how goods and services are produced, sold, and used.
12. Financial Statements based on then best e
13. Guide that leads an entrepreneur through nine logical questions when brainstorming new business ideas.
14. Business that turns raw materials from natural resources or product components into new products for sale.
15. Intangible action or task that is performed, usually for a fee.
16. Overall goal for a company's future; included in the business plan.

1. Message to the customer as to why a business exists; included in the business plan.
3. The natural resources, Human Resources, and capital resources with which a country creates goods and provides services.
5. Right to sell a company's goods or services in a particular area.
6. Anything that can be bought or sold, which includes both goods and services.
7. Business that purchases large amounts of goods directly from manufacturers for resale to various retailers.
9. As a function of business, includes all the business activities that involve money.
10. Something that a person desires, but can function without.
11. Written document that describes in detail the strategy for creating a new business.