www.bbcnoun.com.ng 
ENT305

10/10

Distribution channels is also known as _____
Market intermediaries

______represents the creative process of generating, developing, and communicating new ideas, while an idea is understood as a basic element of thought that can be visual, concrete, or abstract.
Idea generation

_____is the first step for evaluating business opportunity.
Risk Assessment

_____is a document demonstrating the feasibility of a prospective new business and providing a roadmap for its first several years of operation.
Business plan

_____arrangement whereby the manufacturer or the sole distributor of a trademark, product or service grants exclusive rights for local distribution to independent retailers in return for their payment of conformity and royalties in order to standardize operating procedures.
Franching

___is agriculturally related business, concerned with the production, distribution and processing of food and fiber.
Agricbusiness

_____entrepreneurship is the practice of setting up a business – or setting yourself up as self-employed in one of the creative industries.
Creative

____is an exploitable set of circumstances with uncertain outcome, requiring personal commitment, resources and involving exposure to risk.
Opportunities

The following are sources of idea of opportunities or products expect;
None of the above

_____can be defined as an institution concerned primarily with the production and marketing of goods and services for the economy.
Business