entrep Flashcards

1
Q

refers to a SELECTED and WELL DEFINED client

A

target customer

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2
Q

how to define your market (3)

A
  1. Segment the market
  2. Identify the Unique selling proposition USP
  3. Analyze the competitors/customer
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3
Q

refers to the WORTH an organization guarantees to deliver

A

value proposition

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4
Q

a set of choices and actions in GAINING COMPETITIVE ADVANTAGE

A

enterprise strategy

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5
Q

5 process of enterprise delivery system

A
  1. Input
  2. Throughput
  3. Output
  4. Marketing
  5. Outcome
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6
Q

involves harnessing human, money and physical RESOURCES.

A

enterprise delivery system

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7
Q

business outcome should include 4

A
  1. high customer satisfaction level
  2. “ sales volume, market share and reach
  3. “ financial returns
  4. “ people’s performance, productivity, and morale levels
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8
Q

refers to the capital investment, SOURCES OF FUNDING. and show financial projection

A

financial forecast

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9
Q

shows the financial position of the enterprise. reflects total assets. used to work out a way to meet your financial obligation

A

balance sheet

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10
Q

shows the revenues, cost of goods etc.

A

income statement

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11
Q

projection of MONEY, valuable measure

A

cash flow statement

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12
Q

articulate laws and regulation

A

environmental and regulatory compliance

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13
Q

refers to the combination of debt and equity to use as company fund

A

capital structure

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14
Q

Environmental regulatory compliance (6)

A
  1. bureau of internal revenue
  2. barangay clearance
  3. Department of trade industry - business name registration certificate
  4. mayor’s/business permit
  5. sanitation permit and fire clearance
  6. securities and exchange commission SEC certificate
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15
Q

refers to the money put up and owned by the shareholders

A

equity capital

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16
Q

money that was originally invested in the business

A

contributed capital

17
Q

are PROFITS from the previous years

A

retained capital

18
Q

2 types of capital

A

contributed capital and retained capital

19
Q

is the amount of a product or service that a company can produce and deliver

A

throughput

20
Q

the resources, actions, and tasks used to create a product or service

21
Q

the tangible deliverables produced

22
Q

promote the buying seilling of a product

23
Q

the result of marketing