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EOPA JRiley1

Entreprenuership Pathway

What is Marketing? The commercial processes involved in promoting and selling and distributing a product or service.
What Are The Two Branches Of Economics? Macroeconomics & Microeconomics
What are the 4 Phases Of Business Cycles? Economic boom, recession, a depression, recovery
Vulnerability is... Threats to the strengths of a company.
What are the three marketing strategies? Focus, differentiation and cost leadership
What is a mission Statement? An outline of the fundamental purpose of an organization
What does S.W.O.T stand for? Strengths, Weaknesses, Opportunities and Threats
What is a SWOT analysis? A planning tool used to analyze an organizations strengths, weakness, opportunities and threats
What are the 4 functions of Management? Planning, Organizing, Leadership, Controlling
What is GDP? Is the total value of final goods and services produced in a country in a given year
Created by: JRILEY21