Entrepreneurship: VB Unit 2

This is the smallest source of new business funding.

This financial statement outlines project revenue and expenses for a period of time.

Businesses typically do not pay for publicity. 

Most small businesses start with what type of funds?

All of these are steps in the market research process EXCEPT for:

A group of people saying they'd buy headphones for $5 a piece would be an example of:

These are all the 4 main types of promotion EXCEPT for:

If I have $76000 in assets and $100000 in student loans, what is my net worth?

This is the process of obtaining capital from a large quantity of individuals. 

The larger the sample size, the ______ accurate results and the ________cost.

This is promotion meant to heighten a store's image.

A focus group provides quantitative data to the company. 

A survey would be classified as secondary data.

These are facts collected for the first time for the problem under the study.

This is the agency that enacts and enforces advertising laws that protect consumers. 

Calculate the interest: $3000 principal, 12% interest for 2 years. 

Figure total amount to pay back to bank: Principal = $15000, Interest = 14%, 5 year loan. 

These are groups of venture capitalists who have parties for entrepreneurs to pitch ideas.

The practice of advertising a product at a low price with intention of selling something else.

The purpose of this financial statement is to compare assets to liabilities.