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A written document with the information of a business.
Business Plan
This person starts a new business
Entrepreneur
People who buy products or pay for a service
customers
People that a company wants to sell its products to
Target market
The money an entrepreneur asks to build up a new business.
Start-up capital
Organizing and controlling are functions of...
management
Things that a company wants to achieve.
Goals
Name two internal stakeholders
Employees, managers, owners, supervisors, CEO's
Name three external stakeholders
customers, society, government, suppliers, shareholders
Lack of finance and high taxes are...
possible causes of failure
A company can give customers a fidelity card in order to....
retain customers
Special discounts are given to ...
retain customers
If there are economic problems in a country, a recently established company can
go bankrupt
Solving day to day problems is a job for the...
manager
The maximum chief of a company
CEO
Who I am, what I do, why my product is unique.
Mission statement
