Threat SWOT analysis element: Rising costs of product parts Trade Secret Licensing Grants permission to use a confidential piece of information valuable to a business. Product/Market Fit Aligning product offerings with market needs. External Opportunities and threats are ___ factors of a SWOT analysis. Trademark Used for brands, logos, or slogans. Sole Proprietorship Business structure that offers no legal distinction between the business and the owner. Strength SWOT analysis element: Low overhead cost Copyright Licensing Grants permission to use literary or artistic works such as books, music, and film. Secondary Type of research that includes Academic Journals Newspapers U.S. Census Report Patent Licensing Grants permission to produce or sell an invention. CFO Creates budgets and financial strategies. Business Plan A fully researched 10-100 page document used to convey in detail your business’ plans. Lean Canvas A quick, concise tool to document or update a business plan. Weakness SWOT analysis element: Lack of expertise in some areas Primary Type of research that includes observations Interviews Surveys Focus Groups Opportunity SWOT analysis element: Improving economy Internal Strengths and weaknesses are ____ factors of a SWOT analysis. Value Proposition Which lean canvas component describes how a business idea solves customers problems in a better way than existing solutions? Value Hypothesis Explains why a customer would use a product. COO The person responsible for overseeing the day- to-day administrative and operational functions of a business. Geographic Market Segmentation: This segment describes where customers are located and how they can be reached. Crowdfunding Type of funding that raises money from a large group of people. Psychographic Market Segmentation: This segment describes what customers value and how they live their lives. Demographic Market Segmentation: This segment describes statistical information about customers. Pitch Deck A short presentation, typically 10-20 slides, for clients or investors. Angel Investor Type of funding that provides mentorship and guidance. Behavioral Market segmentation: This segment is based on their wants and needs and how they use the product. CEO Reports to the board of directors and is the highest ranking employee in the company. C Corp Type of business structure can have unlimited shareholders. Threat SWOT analysis element: Rising costs of product parts Trade Secret Licensing Grants permission to use a confidential piece of information valuable to a business. Product/Market Fit Aligning product offerings with market needs. External Opportunities and threats are ___ factors of a SWOT analysis. Trademark Used for brands, logos, or slogans. Sole Proprietorship Business structure that offers no legal distinction between the business and the owner. Strength SWOT analysis element: Low overhead cost Copyright Licensing Grants permission to use literary or artistic works such as books, music, and film. Secondary Type of research that includes Academic Journals Newspapers U.S. Census Report Patent Licensing Grants permission to produce or sell an invention. CFO Creates budgets and financial strategies. Business Plan A fully researched 10-100 page document used to convey in detail your business’ plans. Lean Canvas A quick, concise tool to document or update a business plan. Weakness SWOT analysis element: Lack of expertise in some areas Primary Type of research that includes observations Interviews Surveys Focus Groups Opportunity SWOT analysis element: Improving economy Internal Strengths and weaknesses are ____ factors of a SWOT analysis. Value Proposition Which lean canvas component describes how a business idea solves customers problems in a better way than existing solutions? Value Hypothesis Explains why a customer would use a product. COO The person responsible for overseeing the day- to-day administrative and operational functions of a business. Geographic Market Segmentation: This segment describes where customers are located and how they can be reached. Crowdfunding Type of funding that raises money from a large group of people. Psychographic Market Segmentation: This segment describes what customers value and how they live their lives. Demographic Market Segmentation: This segment describes statistical information about customers. Pitch Deck A short presentation, typically 10-20 slides, for clients or investors. Angel Investor Type of funding that provides mentorship and guidance. Behavioral Market segmentation: This segment is based on their wants and needs and how they use the product. CEO Reports to the board of directors and is the highest ranking employee in the company. C Corp Type of business structure can have unlimited shareholders.
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SWOT analysis element: Rising costs of product parts
Grants permission to use a confidential piece of information valuable to a business.
Aligning product offerings with market needs.
Opportunities and threats are ___ factors of a SWOT analysis.
Used for brands, logos, or slogans.
Business structure that offers no legal distinction between the business and the owner.
SWOT analysis element: Low overhead cost
Grants permission to use literary or artistic works such as books, music, and film.
Type of research that includes Academic Journals
Newspapers
U.S. Census
Report
Grants permission to produce or sell an invention.
Creates budgets and financial strategies.
A fully researched 10-100 page document used to convey in detail your business’ plans.
A quick, concise tool to document or update a business plan.
SWOT analysis element: Lack of expertise in some areas
Type of research that includes observations
Interviews
Surveys
Focus Groups
SWOT analysis element: Improving economy
Strengths and weaknesses are ____ factors of a SWOT analysis.
Which lean canvas component describes how a business idea solves customers problems in a better way than existing solutions?
Explains why a customer would use a product.
The person responsible for overseeing the day-to-day administrative and operational functions of a business.
Market Segmentation: This segment describes where customers are located and how they can be reached.
Type of funding that raises money from a large group of people.
Market Segmentation: This segment describes what customers value and how they live their lives.
Market Segmentation: This segment describes statistical information about customers.
A short presentation, typically 10-20 slides, for clients or investors.
Type of funding that provides mentorship and guidance.
Market segmentation: This segment is based on their wants and needs and how they use the product.
Reports to the board of directors and is the highest ranking employee in the company.
Type of business structure can have unlimited shareholders.
