entrep Flashcards
refers to a SELECTED and WELL DEFINED client
target customer
how to define your market (3)
- Segment the market
- Identify the Unique selling proposition USP
- Analyze the competitors/customer
refers to the WORTH an organization guarantees to deliver
value proposition
a set of choices and actions in GAINING COMPETITIVE ADVANTAGE
enterprise strategy
5 process of enterprise delivery system
- Input
- Throughput
- Output
- Marketing
- Outcome
involves harnessing human, money and physical RESOURCES.
enterprise delivery system
business outcome should include 4
- high customer satisfaction level
- “ sales volume, market share and reach
- “ financial returns
- “ people’s performance, productivity, and morale levels
refers to the capital investment, SOURCES OF FUNDING. and show financial projection
financial forecast
shows the financial position of the enterprise. reflects total assets. used to work out a way to meet your financial obligation
balance sheet
shows the revenues, cost of goods etc.
income statement
projection of MONEY, valuable measure
cash flow statement
articulate laws and regulation
environmental and regulatory compliance
refers to the combination of debt and equity to use as company fund
capital structure
Environmental regulatory compliance (6)
- bureau of internal revenue
- barangay clearance
- Department of trade industry - business name registration certificate
- mayor’s/business permit
- sanitation permit and fire clearance
- securities and exchange commission SEC certificate
refers to the money put up and owned by the shareholders
equity capital
money that was originally invested in the business
contributed capital
are PROFITS from the previous years
retained capital
2 types of capital
contributed capital and retained capital
is the amount of a product or service that a company can produce and deliver
throughput
the resources, actions, and tasks used to create a product or service
input
the tangible deliverables produced
output
promote the buying seilling of a product
marketing
the result of marketing
outcome