Entrepreneurship Final

The 5 c's of credit are character, collateral, capacity, conditions, and capital 

The ___________ statement or P & L statement shows revenues/sales - expenses  (period of time)

What is a graphic representation of the number of items that will be demanded @ various prices?

What are the parts of a business plan?

Low quantity high price would be where on the demand curve?

An intrapreneur is one that starts a new business idea or unit - inside an existing business

Which financial statement is a snapshot as of a certain day and which is for a period of time?

Target or Niche Marketing is when you divide a market by using segementation

Do you know what a patent, copyright, and trademarks are?

A MVP is part of the Lean Start up - sometimes you test and pivot or iterate

Kickstarter is an example of 

An e-commerce or online business offers several advantages over a brick physical location

Anything, other than price, that affects customers' willingness to buy a product is called ___?

How do you calculate the break even of a firm?

Advantages of a corporation are

The SBA is________________ and does this_________________________.

The four p's of marketing are 

Buy now and pay later is known as 

The transfer of risk in return for premiums

What are products that may not be exactly the same but which may be put to the same use?

The promotional mix is  

What is the belief in future changes that affects one's willingness to buy products now?

The willingness and ability to buy something is called what?

The COGS is __________ and belongs ____________

Equity financing or raising funds by selling ownership is known as 

People will buy more units of a good at a lower price than at a higher price is called what?

A franchise is 

A venture capitalist is 

If you have a high quantity of a product and it is a low cost where is it on the Demand Curve?

Debt equity or financing is 

Accounting is the process of recording, analyzing, gathering, reporting financial information

Assets - liabilities equals ?

If there was a cold spell, would the demand curve for socks move?

An import is when a firm buys goods from a company in a different country

An export is when a local firm sells goods to a firm in another country.