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Business
| Question | Answer |
|---|---|
| Pitch | Your whole presentation. |
| Entrepreneur | Someone who starts a business from the ground up. |
| Social Entrepreneur | Someone who sees a need in society or community and passion provides a solution |
| Business | A company that sells products or provides services for others |
| Service | Something useful offered for sale |
| Product | An object sold to the customers |
| Fill a need | offers a product or service that adds value to a specific market |
| Target Market | Potential customers who want or need your product or service that is willing to and able to buy |
| Design Thinking | The process used to solve complex problems, its not focused on the problem, they focus on solutions |
| Innovative | Something new, original, ground breaking. Being creative. |
| Competitive Advantage | A feature your going to offer which makes you stand out. (Cheaper, weights less.) |
| Prototype | Your first copy to get an idea of what it looks like. |
| Experience Prototype | A role-play or experience that helps your customers understand what they are buying or taking part in. |
| Market Research | Gathering and evaluating their customers data |
| Survey | Companies do these to help get feed back on their product,. Your questionary. |
| Funding | Money provided to start or grow a business |
| Investor | A person who puts their money into a business |
| Pitch Deck | Your visual presentation that shows the key details of your business plan. |