ENTREP Flashcards
werecooked
It is a long-term plan create for the company to reach the desired future goal.
Strategies
It means creating a goal that everyone is motivated to complete with the resources available.
Attainable
It is a section in the executive summary which is critical because it shows how much money is needed and how it will be used.
financial overview
A target market is _____.
a group of consumers at which a product/service is aimed
It is the detailed description on how the business is implemented.
Operational Plan
The amount of revenue left after subtracting all expenses, taxes and costs.
Net income
What is written in the executive summary that reveals revenue growth rate and customer growth rate?
Achievement
Productivity increases when ______.
*
Inputs and outputs increase proportionately
It is a place where we can buy different goods from one or a number of vendors.
Market
Operational plan should be able to answer the following:
Who, What, Where, When, How Much
It is the sum of all the values that a customer gives up gaining the benefits of having or using a product or service.
Price
A marketing plan does not have to be ____
Complex
Lengthy
Both
It is the outline or the total picture of the business.
Executive summary
It shows the product nature of the business and how the business will go about its operation
Overview of the business
What P’s of marketing in which the movement of the product could be through a combination of intermediaries such as distributors, wholesalers and retailers.
Place