Entrepreneurship

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1. determine the purchasing power of customer
4. that talk about what people value most in their live.
5. classifies people according to their level of expertise in using a product
7. This refers to the long-term investment for the actual business establishment positioning the way the customers receive the enterprise and its products/services in their minds.
12. can be carried out at various stages of a business life cycle, from pre-launch and beyond
15. The opportunity can potentially lead to a wide range of possible products or service offering, thus, tapping many markets segments of the industry.
16. the environmental surrounding, define and limit the choices available to customers.
19. an essential written document that provides a description and overview of your company's future
20. a customer that will actually use your products or services on a day-to-daybasis
24. can be more important than the product itself
25. often dictates what is acceptable or unacceptable
27. This would determine the needed capacity of operations.
28. the activity of setting up a business
31. the most difficult task of the entrepreneur because of the many ways customers can be divided and segmented.
32. the specific, measurable results that companies hope to maintain as their organisation grows
33. lays out what is important to the different customer segments from their differing points of
34. describes and clearly defines a new idea for a business initiative

2. positive perspective we hold about life
3. the first section of a business plan and is generally considered the most important
6. identify how each individual enterprise will compete within its respective market and industry
8. Knowing how much, how frequent, and when to deliver to customers.
9. marketing map that represents the products features and attributes competitors in the
10. Opportunities that have good chances of expanding through branches, distributorships, dealerships, or franchise outlets in order to attain rapid growth are better
11. (e.g., gender, age, place of residence, income class, etc.)will be the most basic approach in determining the target segment.
13. kind of market research that can be carried out individually or as a business,
14. The opportunity must match the values and desired virtues that you or wish to impart.
17. introducing something new into your business
18. It is important to determine the sales potential of the product or services you want to offer
21. a quantity of goods or services produced in a specific time period
22. needs and wants of the customer personal likes and dislikes, and includesthe satisfaction of thirst, hunger and shelter.
23. these are lifestyle
26. location where the best access of the customers
29. roots of the customers needs and wants classification.
30. any resources used to create goods and services