In this type of partnership, all partners assume liability for the company's potential losses, debt and other obligations.
GENERAL PARTNERSHIP
WHAT ARE THE 4P'S ?
Product, Price, Place, and Promotion
Entrepreneurs are born, not made
BLUFF (the other way around)
Refers to a specialized segment of the market that caters to a specific group of customers with particular needs, preferences, or characteristics.
Niche
What type of P's is used in making the business plan?
7p's
Psychographic segmentation is a marketing strategy that divides a market into smaller segments based on consumer behavior, usage patterns, decision-making processes, and purchasing habits.
BLUFF (Psychographic Segmentation)
Founder of Jollibee Foods Corporation, the largest fast-food chain in the Philippines.
Tony Tan Caktiong
These characteristics can include various factors such as age, gender, race, ethnicity, education, income, occupation, marital status, household size, and geographical location.
Demographics
Adaptability is The ability to introduce new and creative ideas, products, or processes, fostering a competitive advantage.
BLUFF (INNOVATION)
A type of business that Buys goods in large quantities, typically from manufacturers and resells them in smaller batches to retailers.
Wholesaling Businesses
WHAT ARE THE 7P'S ?
Product, Price, Place, and Promotion, People, Process, and Physical Evidence
a term used to describe an individual or business that seeks to replicate or copy the business model, products, services, or strategies of an existing successful entrepreneur or company.
Imitator Entrepreneur
Discussed by Jakey:
It refers to a specific group of consumers or businesses that a company aims to reach with its products, services, or marketing efforts.
Target Market