Entrepreneurship Diagnostics

Markup and markdown are amounts added to the cost price to determine the sales price.

To convert a decimal to a percent, move the decimal point two places to the left.

How many different types of business ownerships are there?

A person starting a business of his/her own is called a

A short restatement of the business plan that captures the interest of its readers.

In a franchise business fees associated with starting a business are called

A business that is owned exclusively by one person is a

How many basic elements are there when writing an effective business plan?

A written document that describes all the steps necessary in operating a successful business?

A business arrangements with legal rights of a person ?