ENTREPRENEURSHIP

WHICH ANSWER BEST DESCRIBES ENTREPRENEURSHIP?

FORMS OF BUSINESS ORGANIZATION INCLUDE SOLE OWNERSHIP, PARTNERSHIP, CORPORATION AND LLC.

WHO ARE THE OWNERS OF A CORPORATION?

WHAT IS THE MOST COMMON FORM OF BUSINESS OWNERSHIP?

DISADVANTAGES OF CORPORATIONS IS

IDENTIFY THE ADVANTAGE OF SOLE OWNERSHIP.

STATES IN BROAD TERMS WHAT YOUR BUISNESS HOPES TO BE AND DO.

HIGHER DEMAND FOR A PRODUCT

ONE DISADVANTAGE OF A PARTNERSHIP IS

WHAT IS DISPOSABLE INCOME?

ASSESSMENT OF ONE'S OWN SKILLS, INTERESTS, AND PERSONAL QUALITIES IS CALLED

WHAT IS A DISADVANTAGE OF SOLE OWNERSHIP?

PRICE INCREASES, QUANTITY OF GOODS DEMANDED FALLS.

PRICE INCREASES, QUANTITY OF GOODS DEMANDED FALLS.

WHO ARE THE LIMITED LIABILITY CORPORATION OWNERS?

EQUILIBRIUM IS THE AMOUNT OF PRODUCT BEING SUPPLIED IS EQUAL TO THE AMOUNT BEING DEMANDED.

WHAT IS GENERAL PARTNERSHIP?

MONEY LEFT OVER AFTER A BUSINESS HAS SOLD ITS PRODUCT AND EARNED REVENUE.

WHAT IS THE PERCENT OF PARTNERSHIP OWNERSHIP BUSINESSES?

THE LOWER THE DEMAND FOR A PRODUCT

BUSINESS OWNED BY ONE PERSON.

A PERCENTAGE ADDED TO THE COST TO GET THE RETAIL SELLING PRICE.

WHAT IS A LIMITED PARTNERSHIP?

WHAT IS THE PERCENT OF SOLE OWNERSHIP BUSINESSES?

THE LEGAL STEPS TO START A BUSINESS INCLUDE FILING A DOING BUSINESS AS FORM.

MANY START-UP OWNERS WORK

SKILLS OF OWNERS ARE COMBINED IN THIS TYPE OF BUSINESS.

PERSONAL ASSETS OF OWNERS CANNOT BE TAKEN IS A LIMITED LIABILITY COMPANY.

LEGAL STEPS TO START A BUSINESS ARE

AMOUNT OF GOODS PRODUCERS ARE WILLING TO MAKE AND SELL.

WHEN SUPPLY AND DEMAND INTERACT, CONDITIONS OF SURPLUS, SHORTAGE, OR EQUILIBRIUM ARE CREATED.

KEYSTONING IS THE PRACTICE OF BUYING A PRODUCT AT WHOLESALE PRICE THEN SELLING IT FOR

THE TYPES OF BUSINESS OWNERSHIP INCLUDE EXISTING, FAMILY, NEW, AND FRANCHISE BUSINESS.

WHAT IS DISCRETIONARY INCOME?

CONSUMER WILLINGNESS AND ABILITY TO BUY PRODUCTS.