Florida National University Entrepreneurship Essay

Attach your answers as a file or type in the submission box below.

1. Define Tangible Products.
2. Define Feasibility Analysis.
3. Define Competitive Advantage
4. What is a focus group?
5. What is the product life cycle?
6. Describe what Risk Tolerance is.
7. What is the income Statement and describe how to use it to manage a business?
8. What are some of the legal issues encountered in operating a small business?
9. Why is the debt and equity on the balance sheet important when trying to raise capital in a business?
10. Define in detail the differences between fixed and variable costs………………………………………………………………………/

THIS IS DUE ON 04/16/22 ………………………………………………………………………/……………………………………………………………….

This last 10 questions is separated in another document

1. 
   
   Question 1

   Why is a feasibility analysis needed when you are planning to start a business? Describe in your own words the usefulness of this analysis. ………………………

   1. 
      
      Question 2

      In your own words explain what tangible products are and give a couple of examples of tangible products.
      

   3. 
      
      Question 3

      in your own words describe what is the competitive advantage of any company of your choosing, and describe why.
      

   5. 
      
      Question 4

      What is a focus group?
      

   7. 
      
      Question 5

      What is the product life cycle.
      

   9. 
      
      Question 6

      Describe what Risk Tolerance is.
      

   11. 
       
       Question 7

       What is the income Statement and describe how to use it to manage a business.
       

   13. 
       
       Question 8

       What are some of the legal issues encountered in operating a small business.
       

   15. 
       
       Question 9

       Why is the debt and equity on the balance sheet important when trying to raise capital in a business?
       

   17. 
       
       Question 10

       Define in detail the differences between fixed and variable costs.