Final Business Start Up Vocab

Question 1

Switching from gas to electric delivery vans is an example of this vocab term:

Accepted Answer

Corporate Social Responsibility

Question 2

False advertising about a product OR hiding terms in user agreements is the opposite of which vocab term:

Accepted Answer

Business Ethics

Question 3

Non-physical assets created by individuals or companies that hold the exclusive legal right to commercialize.

Accepted Answer

Intellectual Property

Question 4

Advertising on TV, Social Media, Radio, Signs, and Flyers is all a part of:

Accepted Answer

Marketing

Question 5

________ is when actions and decisions are guided by beliefs about how you want the business to succeed.

Accepted Answer

Mission-Driven

Question 6

The decision on whether or not to launch a new enterprise is called:

Accepted Answer

Go / No Go

Question 7

T/F: Only promoting male employees is an example of fairness.

Accepted Answer

False

Question 8

The practice of operating openly and communicating fully is called:

Accepted Answer

Transparency

Question 9

A launch plan includes all the following, except:

Accepted Answer

An exit plan

Question 10

T/F: "Do you enjoy your work?" is an engaging question.

Accepted Answer

False

Question 11

Hiring a family member instead of a more qualified candidate is an example of a conflict of interests.

Accepted Answer

True

Question 12

Which of the following is not an example of intellectual property?

Accepted Answer

Machines

Question 13

This promise is often formalized by signing a Non-Disclosure Agreement (or NDA) to keep things secret:

Accepted Answer

Confidentiality

Question 14

T/F: A company is being transparent when they announce ahead of time that they are going to discontinue a product.

Accepted Answer

True

Question 15

T/F: "What do you enjoy about your work?" is an engaging question.

Accepted Answer

True

Questions 15