BITM 215 EXAM QUESTIONS AND ANSWERS LATEST UPDATE A+ GRADED

BITM 215 EXAM QUESTIONS AND ANSWERS LATEST UPDATE A+
GRADED

IOT
Internet of things
BRIC
Brazil, Russia, India and China
Blackstone
Private equity company
Product/Service (Solution)
how will your business solve their problem.
Students registered Spring 2017
2300+
The amount of prize money
$15K
Number of undeclared students.
43%
Number of declared students.
57%
Average success rate for restaurants 6+ years
20%
Amount of restaurants that fail after 6 months
Under 50%
Company Description (Problem)
what exactly your customers might have a problem with.
Product/Service (Solution)
how will your business solve their problem.
Value Proposition
how your business will be successful, etc.
Competition
the way your customer is currently solving the problem.
Indirect Competition
changing customers current habits.
Direct Competition
the people selling the same product/service.
Target Market
who you're selling to.
Sales Channel
they medium you're selling through.
Financial Plan
looking at cash flows, excel, etc. . .
Sole proprietor
Single owner of a business.
Limited Liability Company