Selling additional goods to a customer to go along with a product or products the customer purchases
What is Suggestion Selling
100
The point at which consumers buy all of a product that is supplied. At this point, there is neither a surplus nor a shortage.
What is Equilibrium
100
A periodical published for specific type of business or industry
What is Trade Magazine
100
Revenue that is generated at an uncertain rate.
What is Uncertain Income
100
Jobs that are created for the people living in a community.
What is Community Job Generation
200
A systematic approach to developing new sales leads or customers, who are identified through referrals, public records, or surveys.
What is Prospecting
200
The study how people allocate scarce resources to fulfill their unlimited wants.
What is Economics
200
A partnership formed among two or more companies.
What is Strategic Alliance
200
The use of imagination or original ideas
What is Creativity
200
to obtain (goods or a service) from an outside or foreign supplier, especially in place of an internal source.
What is Outsourcing
300
A strategic planning technique that analyzes a company’s strengths, weaknesses, opportunities and threats in the external sales environment.
What is SWOT Analysis
300
An idea that has commercial value when consumers are ready and willing to buy that product.
What is Opportunity
300
A periodical published for people with special interests such as sports, camping, fashion, and a variety of other areas.
What is Specialty Magazines
300
given to inquiry, research, or asking questions; eager for knowledge
What is Inquisitiveness
300
Someone who assist buyers and sellers of privately held business in the buying and selling process.
What is Business Broker
400
A new business undertaking that involves risk.
What is Venture
400
The process of recognizing an opportunity, testing it in the market, and gathering resources necessary to go into business
What is Entrepreneurship
400
The continuance of an effect after its cause has been removed.
What is Persistency
400
widespread respect and admiration felt for someone or something on the basis of a perception of their achievements or quality.
What is Prestige
400
A business that is created based off what is popular in the current time.
What is New Business Creation Major Trends
500
Specially designated areas of a community that provide tax benefits to new business locating there; communities may also provide grant for new product development.
What is Enterprise Zones
500
The new way of doing things; a new idea, method or device.
What is Innovation
500
Skills and abilities that are picked up through deliberate and sustained effort.
What is Basic Business Skills
500
free from outside control; not depending on another's authority.
What is Independent
500
provides a licensed privilege to the franchisee to do business.