what is operation cost?
Its the expense incurred for running day-to-day tasks in a business.
What is marketing?
It is a form of communication between business and costumers.
what is risk?
the possibility of something negative happening.or the possibility of money loss time loss e.t.c.
what is business plan?
It is a document that adresess the concept costumers and capital for a business.
what is a employee?
An employee is an individual hired by a company and compensated for their work.
what is acquisition cost?
Its the cost incurred by business.
what is marketing plan?
It is a written plan that outlines a company marketing strategies.
what is critical thinking.
It is using your mind to solve s problem in the best way by considering various potential solution to be the problem.
whats is lean canvas?
it is a one page document disccusing key information commonly seen in a business plain .
what is a founder?
A founder is the person that developed or created a company or organization.
what is costumer acquisition cost?
the total cost of acquiring a new costumer.
what is market fit?
It is the stage where a business sales are high and continue to grow.
what is opportunity recognition?
It is the way one approaches new ideas and ventures in their life.
what is primary data?
firtst hand reasech like suryevys interviews and data.
what is a CEO?
It is the chief execution officer that holds leadership roles whithing a business .
what is royalty fees?
Its the fees paid for the use of the brand name or the image
what is target market?
It is the group of costumers a company chooses to market its product and service.
what is problem solving.
It is the process of coming up with solution to solve a problem.
what is secondary data?
It is data that may contain personal bias like company newssettlers and acedemic journal.
what is cfo?
its is the chief financial officer that holds leadership role within a business.
what is variable cost?
It is the fluctuating cost that a business has depending on production.
what is distribution channel?
It is the method to get a product from the manufacture to the end user.
what is forward thinking mentality.
It is thinking and planning about and for the future.
what is swot analysis?
what is a coo?
its the chief operating officer that holds leadership within a business.