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Enterprise 0454/13 Oct Nov 2024

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Psat Paper Lesson
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Laura Bellini

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1. Enterprise Operations & Customer Engagement | Differentiating between customers and consumers; measuring customer satisfaction in business. 2. Risk Management & Legal Factors | Identifying risks in entrepreneurship; conducting a PEST analysis; understanding the impact of laws on business. 3. Revenue & Market Research | Calculating total revenue projections; evaluating the influence of objectives and market research on business decisions. 4. Marketing & Promotion Strategies | Identifying factors for choosing marketing methods; assessing sponsorship as a promotional tool. 5. Negotiation & Financial Planning | Key factors in negotiation; defining venture capital; evaluating alternative sources of finance. 6. Business Planning & Structure | Comparing sole proprietorship, partnership, and limited company structures; justifying the best business type. 7. Technology & Communication in Enterprise | Analyzing the impact of technology on business operations; evaluating effective communication methods with stakeholders.
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