VO-CAB
Building relationships with people for professional or business purposes.
This function in a business is to manage money, budgets, and investments.
What is Finance?
A company or organization that exchanges goods or services for money to meet customers needs or wants, with the aim of generating value.
What is a Business?
Name the unit we are now in.
I want to start a business to provide services or support for the local community. (Ex: food banks, shelters, health clinics, or education programs.) What am I?
What is a Non-profit Organization?
What's another word for a setback/drawback?
What is a disadvantage?
The quality of being trusted or believed in.
What is Creditbiliy?
"I'm getting ready to start a business selling shoes but I want it to just be me so that I don't have to split any of my profits." What am I?
What is a Sole Proprietorship?
I am a specific activity, role, or responsibility that a business performs to achieve its objectives. (Every business has these 7 things.)
What is a Function?
This structure combines liability protection of a corporation with tax benefits of a partnership.
What is a Limited Liability Company (LLC)?
The amount of visibility or attention a business receives from the public.
What is Exposure?
A recommendation of a business to new customers based on a positive experience.
What is a Referral?
The process of of designing, launching, and running a new business.
What is Entrepreneurship?
Participation in local events, sponsorships, or volunteer activities to support the community.
What is Community Involvement?
Specialized knowledge or skills in a particular field.
What is Expertise?
A person who starts, organizes, and manages a business, taking on risks to make a profit.
What is a Entrepreneur?
A system or software tool used to manage customer interactions and information.
What is CRM (Customer Relationship Management)?
Using technology to perform tasks automatically, such as sending emails or reminders.
What is Automation?
A potential customer who is interested in a product or service.
What is a Prospect?
This function turns the creative idea into reality?
What is Operations/Production ?
Questions that require more than a yes/no answer, encouraging deeper discussion.
What are "Open-ended-questions" ?
How familiar customers are with a company’s products or services.
What is Band Recognition?
The point in sales when a customer decides to make a purchase.
What is "The Close" ?
A large event where businesses in the same industry display products and make connections.
What is a Trade Show?
Continued communication after meeting a potential customer to build a relationship.
What is a "Follow-up" ?