A product is a ________ item that you can hold, such as clothing, toys, and food.

A _________is a business where the owners license their operations, products or services, branding, and knowledge for a license fee.

A franchise is a business that has established operations, products, or services, and branding. This business requires more money upfront and has less _____.

What sets small businesses owner apart from the entrepreneur?

Select the trait of an Entrepreneur.

Select a trait of an entrepreneur

Select a trait of a Entrepreneur

Select a trait of an Entrepreneur

Select a trait of an Entrepreneur

Select a trait of an Entrepreneur

What sets small business owners apart from entrepreneurs?

A _________ is a business where the owners license their operations, products, or services, branding, and knowledge for a license fee.

A franchise is a business that has established operations, products, or services, and branding. This business requires more money upfront but has less _____ involved.

Businesses sell ________ and ________.

A product is a ________ item that one holds, such as clothing, toys, and food.

A service is ________ such as car detailing, auto repairs, and lawn businesses.

Match the following characteristic to the appropriate legal structure

No ownership, no US federal taxes

Match the following characteristic to the appropriate legal structure:

Best for international business even with being double-taxed

Match the following characteristic to the appropriate legal structure:

Easy to create but comes with unlimited liability

Match the following characteristic to the appropriate legal structure:

Lower tax rate that prevents the company from being double- taxed

Match the following characteristic to the appropriate legal structure:

Ideal for a single owner seeking low risk

Match the following characteristics to the appropriate legal structure:

Shared financial backing and responsibilities

Which of the following business roles creates the company?

Which of the following business roles oversees company finances?

Which of the following business roles own stock in the compnay?

Which of the folllowing business roles reports to the board of directors?

Which of the following roles oversees daily operations?

Which of the following roles have interest in the company's success?

Match the business compensation type with the corresponding definition:

Non-cash compensation

Match the business compensation type with the corresponding definition:

Set rate of pay for hours worked

Match the business compensation type with the corresponding definition:

Usually found in sales roles

Match the business compensation type with the corresponding definition:

Set amount of pay in each period

Chad is the owner of a doggy daycare and grooming business. The business is economically healthy and he is looking for ways to finance future growth. In which business life  cycle stage is Chad?

Desing thinking is a learning process that is focused on ______________ and their needs. It is used to develop user-friendly products that customers need.

Bill just started a new graphic design business. He is advertising online and trying to gain customers. He just finished working with his first client. In which business life cycle state is Michael?

Stephanie started a new flower shop last year. She has a good customer base and money coming in. In which business life cycle stage is Stephanie?

Which step in the Design Thinking Process does the followign definition belongs to:

First stage-identify needs of the customer and learn about the customers perspective

Which step in the Design Thinking Process does the following belongs to:

Next, identify any problem a custom may face

Then the team creates a solution to the problem in the _________ stage.

In this stage, the team will create a  __________ to test the product.

Finally the last step in the Design Thinking Process, the team will ____ the product.

Select the following Intellectual Property based on charcaterisitc: Used for protection of the "arts"

Select the accurate Intellectual Property based on the following characteristic:

Used to protect inventions

Select the accurate Intellectual Property based on the following characteristic:

Used to protect formulas