Lesson Two Choosing Your Route
Vocabulary
E-commerce
Manufacturer
Wholesaler
Retailer
Service Provider
Chain of Distribution
Journal Assignment
Think about the classes you are taking. Identify at least three ways that
each course can strengthen your entrepreneurial characteristics or improve
your entrepreneurial skills.
Class Discussion
- What are some methods you can use to determine customer wants?
- What are some current trends that offer opportunities for entrepreneurs?
- What are three ways to recognize opportunity in your community?
Project
Many entrepreneurs turn their hobbies and activities into profitable
business. Have your students consider their interests, then look at the
businesses in their community that support their hobbies and activities. Is
the market large enough for them to consider entering it? Is there an
untapped niche in the market? Have them prepare a report on the feasibility
of starting a business based on their own interests.
Revised: March 02, 2005.
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