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BAED-ENTR2122 Entrepreneurship

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_____________ may sell directly into the market, for example selling spare parts, but largely they need to be kept aligned to your strategy.

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The degree to which a business or activity yields profit or financial gain.

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The middlemen or intermediaries, such as wholesalers and retailers, who buy finished goods and resell them for a profit.

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The __________ concept is the most followed ideology by top companies.

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The roadmap which predicts what core competencies to build and which related technologies are needed.

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The ____________________concept calls upon marketers to build social and ethical considerations into their marketing practices.

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A thought process or method used to generate creative ideas by exploring many possible solutions.

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This is an employed staff e.g. manager who innovates for the company and takes risks only on behalf of the employer.

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Potential customers are identified by criteria such as age, race, religion, gender, income level, family size, occupation, education level and marital status.

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People who have not yet purchased your product but are considering it

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