Entrep Midterms (Other Terms)
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15 Terms
Market Demand
Clear, strong demand for business
Market Flame
To view difficulties, changes and rises as positive opportunities
Chief Executive Officer
Direction of the business
Chief Marketing Offer
Get attraction
Chief Sales Officer
Managing sales team/ leading the sales team and hitting income targets
Chief Financial Officer
Managed financial planning
Chief Operating Officer
Oversees daily operations
GRIT
the Entrepreneurship and business book by Angela Duckworth
Tony Tan Caktiong
Founder and Chairman of Jollibee foods corporation
Jollibee
Who holds more than 50% of fast food market in the PH?
McDonalds
Who holds 20 to 22 percent of the fast food market in the PH?
Total Revenue - Total Expenses
Net Profit Formula:
Customer, Offer, and Unit Economics
Your business plan should have:
Unit economics
Shows what the product costs and how well you’re selling before. Shows if you’re making money or not.
Character, Competence, and Purpose
Important attributes of an entrepreneur