4Ps of marketing
Name the second of 4Ps of marketing
Price !
Name one common reward
(multiple answer)
Financial independence, flexibility, satisfaction and fulfillment, growth, innovation
What is the first role of a social entrepreneur?
market development
What is the meaning of bankruptcy
What is Profit?
Financial gain
Name the forth of the 4Ps of marketing
Promotion !!
Name a common risk
(multiple answer)
Market risk, financial loss, strategic risk, competitive risk, operational risk, and or repetitional risk
What is the second role of a social entrepreneur?
innovation
What is the meaning of income
Money received for work or through investments
What does a loss look like in a business
A company's total expenses exceed its total revenue
Name the third of the 4Ps of marketing
Place !!!
What is the risk of when your equipment is not up to date?
Technology risks
What is the third role of a social entrepreneur?
resource mobilisation
What is the meaning of entrepreneur
A person who organizes and operates a business or businesses
What is most common way business loose money?
poor cash flow management
Name the first of the 4Ps of marketing
Product !
Poor cash flow, market risk, financial loss (and or bankruptcy)
What is the forth role of a social entrepreneur?
risk management
What is the meaning of marketing
The business of promoting and selling products or services, including market research and advertising
Definition of breakeven
The breakeven point is the point at which total cost and total revenue are equal
Name all 4Ps of marketing in correct order
Product
Price
Place
Promotion
what is the biggest incentive (reward) in entrepreneurship
Profit
What is the fifth role of a social entrepreneur?
opportunity discovery
What is the meaning of reputational risk
Poor customer service, negative publicity, or unethical practices can damage an entrepreneur's reputation and brand.
What are 4 ways to increase profit?
1: Reducing costs
2: Increasing turnover
3: Increasing productivity
4: Increasing efficiency