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Apple
Samsung
LG
Nokia
HTC
100
A new business undertaking that involves risk.
What is Venture.
100
The point in which consumers buy all of a product that is supplied there is no shortage or surplus.
What is Equilibrium.
100
The seller of a franchise who is giving the buyer its planning and management expertise.
What is Franchisor
100
A series of steps a customer goes through when buying a product
What is Buying process.
100
An idea that has commercial value when when consumers are ready and willing to buy that product.
What is Opportunity
200
A partnership formed between two or more companies.
What is Strategic Alliance
200
A periodical published for a specific type of business or industry.
What is Trade magazine
200
Selling additional goods to a customer to go along with a product or products the customer purchases.
What is Suggestion selling
200
The study of how people allocate scarce resources to fullfill their unlimited wants.
What is Economics
200
A company that acts as intermediary between a business and the media to communicate a message to the target market.
What is Advertising agency
300
The process of recognizing an opportunity, testing it in the market, and gathering resources necessary to go into business.
What is Entrepreneurship
300
A systematic approach to developing new sales leads or customers,who are identified through referrals,public records,or surveys.
What is Prospecting
300
When you or an employee make sure if the customer is satisfied of the product or service.
What is Follow up selling.
300
Specially designated areas of a community that provide tax benefits to new businesses locating their; communities may also provide grants for new product development.
What is Enterprise zones
300
Hiring other people from other companies to handle tasks your business cannot or chooses not to do.
What is Outsourcing
400
A periodical published for people with special interests, such as sports, camping, fashion, and a variety of other ideas.
What is Specialty Magazines
400
Someone whose job it is to bring buyers and sellers of businesses together for a fee.
What is Business broker
400
An arrangement in which advertising costs are divided between two or more parties.
What is Cooperative advertising
400
A characteristic in which Entrepreneurs look for new ways to solve old problems.
What is Creativity
400
A characteristic that people have. Someone who is always willing to work until the job is done.
What is Persistency
500
A strategic planning technique that analyzes a company's strengths,weaknesses,opportunities and threats in the external sales environment.
What is SWOT analysis
500
Before entering a family business you need to have the ability to work for a member of the family,get along with that relative,share the same goals in the business and your personal life,be clear of each others expectations,leave business problems at work,and maintain a positive family relationship.
What is Family business line of responsibility
500
Entrepreneurs should have a basic understanding of how the economy works and an understanding of fundamental concepts of finance, marketing, and management.
What is Basic business skills
500
When you hire new or experienced workers you must provide training and prepare them to sell your products.
What is Importance of sales training
500
An estimate amount of sales for a given period, such as the next quarter
What is Sales forecast