the practice of giving the innovation inherent in entrepreneurship a more solid management structure

a detailed assessment of your business's target market and the competitive landscape within a specific industry.

the ability to influence consumer perception regarding a brand or product relative to competitors.

activities a company undertakes to promote the buying or selling of a product or service.

a strategic roadmap that businesses use to organize, execute, and track their marketing strategy over a given period.

a market segment where certain products and services are in demand.

activities that businesses engage in on a daily basis to increase the value of the enterprise and earn a profit.

tangible items that are necessary and available for a business to function.

a series of steps that includes the conceptualization, design, development and marketing of newly created or newly rebranded goods or services.

the process of explaining the value of a product to potential and existing customers to educate, generate interest, and spur purchase.

the money a business pulls in after accounting for all expenses.

any factor that's necessary to accomplish a goal or carry out an activity.

the measure of a company's net income divided by its shareholders' equity.

the money an investor in a business earns for the injection of financial capital.

a term used to describe a key project management process.

payments that one party makes to another party that is the owner of an intellectual property or real property asset.

the number of units your company sells during a specific reporting period.

a process in which an organization's leaders define their vision for the future and identify their organization's goals and objectives.

the long-term goal or roadmap for an organization, and how it plans to reach them.

lets readers quickly find the information that is most important to them.

a specific group of potential customers who a business aims to reach with its products or services.

Third-party agreement

agreements that involve a person who is not a party to the contract but is involved with the transaction.

a new business or business activity that entrepreneurs or institutions launch that involves the potential for a return and risk.

Help

Options

focusNode

Didn't know it?
click below

Knew it?
click below

Don't Know

Remaining cards (0)

Know

retry

shuffle

restart

0:00

Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

Normal Size Small Size show me how

EII OBJ 1.01

Business plans terms part 2

Term	Definition
Management	the practice of giving the innovation inherent in entrepreneurship a more solid management structure
Market analysis	a detailed assessment of your business's target market and the competitive landscape within a specific industry.
Market position	the ability to influence consumer perception regarding a brand or product relative to competitors.
Marketing	activities a company undertakes to promote the buying or selling of a product or service.
Marketing plan	a strategic roadmap that businesses use to organize, execute, and track their marketing strategy over a given period.
Niche	a market segment where certain products and services are in demand.
operations	activities that businesses engage in on a daily basis to increase the value of the enterprise and earn a profit.
Physical resources	tangible items that are necessary and available for a business to function.
Product	the item offered for sale.
Product development	a series of steps that includes the conceptualization, design, development and marketing of newly created or newly rebranded goods or services.
Product promotion	the process of explaining the value of a product to potential and existing customers to educate, generate interest, and spur purchase.
Profit	the money a business pulls in after accounting for all expenses.
resource	any factor that's necessary to accomplish a goal or carry out an activity.
return on equity	the measure of a company's net income divided by its shareholders' equity.
return on investment	the money an investor in a business earns for the injection of financial capital.
risk management plan	a term used to describe a key project management process.
royalty	payments that one party makes to another party that is the owner of an intellectual property or real property asset.
sales volume	the number of units your company sells during a specific reporting period.
strategic plan	a process in which an organization's leaders define their vision for the future and identify their organization's goals and objectives.
Strategy	the long-term goal or roadmap for an organization, and how it plans to reach them.
Table of contents	lets readers quickly find the information that is most important to them.
Target market	a specific group of potential customers who a business aims to reach with its products or services.
Third-party agreement	agreements that involve a person who is not a party to the contract but is involved with the transaction.
Venture	a new business or business activity that entrepreneurs or institutions launch that involves the potential for a return and risk.

Created by: Genesis.c

Popular Management sets

Principles of Management

Study cards for PMP Exam

7 LvL CDCs taken from CDC Vol 1 and 2

Competencies for Principles of Management

Describe different decision making models

OBC 1

Key terms and definitions

Uses of Research

Data Quality and Management

Human Resource Management

Accurate Research Design

Analytical Decision Making

"Know" box contains:
Time elapsed:
Retries: