- What does business opportunity mean?
- Explain the difference between an internal entrepreneur and an external entrepreneur?
- Name at least 3 creative thinking techniques for generating ideas.
- What is meant by the term “market”?
- Why is understanding your market important?
- What should be considered when you are hiring employees?
- Explain the difference between line organization and project organization.
- Define the following: Fixed expenses, Variable expenses, Startup expenses, Unit of sale, Contribution margin, Revenue, Profit, Break-even point
- What promotional business methods can be used to gain and retain customers?
