business concept, a business concept is a clear and concise description of an opportunity, feature, a feature is a distinctive aspect, quality, or characteristic of a product or servive, benefit, a benefit is something that promotes or enhances the alue of the product or service to the customer, feasibility analysis , the process used to test a business concept , industry, an industry is a group of business with a common interest, such as telecommunications, computers, retail, and grocery, target customers, A target customer is an individual that's most likely to buy your product, competitive grid, A competitive analysis grid is a tool for organizing the information a firm collects about its competitors to see how it stacks up against its competitors, prototype, a first, typical or preliminary model of something, especially a machine, from which other forms are developed or copied., business model, a design for the successful operation of a business, identifying revenue sources, customer base, products, and details of financing., value chain, the process or activities by which a company adds value to an article, including production, marketing, and the provision of after-sales service..

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