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Everfi Venture
Game Code: 2577861
English
31
Public
Planning and Building a Business
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What are the four parts of a SWOT Analysis?
Strengths, Weaknesses, Opportunities, and Threats
15
Anything that has a value.
Asset
15
A business in the market that sells a product or service similar to yours.
Direct competitor
15
is a business that sells a different product or service from yours, but fills the same customer need or want.
Indirect competitor
15
15
Create a product, such as a factory that creates shoes.
Manufacturers
15
is the art of presenting a business in a way that clearly communicates the value of the product or service Marketing Plan
Marketing
15
New information that comes directly from potential groups of customers or competitors in the market.
Primary Data
15
A type of business that sells directly to the customer.
Retailer
15
15
The amount of money brought in by a business before any expenses.
Revenue
15
Existing information that was previously gathered for a purpose other than the study at hand.
Secondary Data
15
Sell products in larger volumes (but less than the manufacturer) to the retailer.
Wholesalers
15
This is what makes a business unique and potentially better than the competition.
Value Proposition
15
The amount of MONEY the business earns after paying expenses and taxes.
Profit
15
5 P's included in the Marketing Mix.
People, Product, Place, Price, Promotion.
15
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