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Cards (33)
Manpower
The human
labour
force involved in the
manufacture
of products. It is measured as the most serious and main factor of production.
Materials
The
raw materials
necessary in the
production
of a product.
Machine
The
manufacturing
equipment used in the production of
goods
or delivery of services.
Methods
The process or technique of converting
raw materials
to
finished
products.
Product Description
The
marketing copy
that explains what a product is and why it is worth
purchasing
, in order to obligate customers to buy.
Prototyping
/
Prototype
A replica of your product.
Duplication
of product.
Output
The final products from the production process that are
distributed
to the customers.
Supplier
The business partners without whom your
business
will
not live.
An entity that supplies goods and services to another organization.
Value Chain
The method or activities by which a company adds
value
to an item, with production,
marketing
, and the provision of after-sales service.
Supply Chain
The structure of organizations, people, activities,
data
, and resources involved in
moving
a product or service from supplier to customer.
Business Model
The
reasons
of how an
organization
creates, delivers, and captures value in economic, social, cultural or other contexts.
Business Plan
An important tool to have an
idea
about the
future
of your business.
Manpower
The human
labour
force involved in the
manufacture
of products. It is measured as the most serious and main factor of production.
Materials
The
raw materials
necessary in the
production
of a product.
Machine
The
manufacturing
equipment used in the production of
goods
or delivery of services.
Methods
The process or technique of converting
raw materials
to
finished
products.
Product Description
The
marketing copy
that explains what a product is and why it is worth
purchasing.
Prototyping
/
Prototype
A replica of your product.
Duplication
of product.
Output
The final products from the production process
distributed
to the customers.
Supplier
An entity that supplies
goods
and
services
to another organization.
Value Chain
A method or activities by which a company adds
value
to an item, with production,
marketing
, and the provision of after-sales service.
Supply Chain
A structure of organizations, people, activities,
data
, and resources involved in
moving
a product or service from supplier to customer.
Business Model
Describes the
reasons
of how an
organization
creates, delivers, and captures value in economic, social, cultural or other contexts.
Business Plan
An important tool for you to have an
idea
about the
future
of your business.
Executive Summary
Part of the business plan which is the
first
to be presented but the
last
to be made
Management Section
Shows how you will manage your
business
and the people you need to
help
you in your operations
Marketing Section
Shows the design of your product/service;
pricing
, where you will sell and how you will
introduce
your product/service to your market
Financial
Section
Shows the
money
needed for the
business
, how much you will take in and how much you will pay out
Production Section
Shows the area, equipment and materials needed for the
business
Competitive Analysis
Strategy where you identify major
competitors
and research their products,
sales
and marketing strategies
Market
The persons who will
buy
the product or services
Organizational chart
Diagram showing graphically the relation of one
official
to another, or others of a
company
entrepreneurial skills
- are abilities that can be learned or developed through practice and experience.