ENTREP

Cards (8)

  • Inputs are the materials needed for processing to come up with finished products
  • Process is the step-by-step procedure followed in transforming materials into finished products
  • Outputs is the final outcome of the product
  • Projected Sales are the sxpected results of the varianle cost and fixed cost within the target period
  • Production Plan involves necessary raw materials and parts, number of workers, types of machines needed, and the compietion time for such operation involved.
  • Trial Run is the actual testing of the business.
  • Viability is the practicability of the business.
  • Sales Management involves formulation of the business.