Eco- Unit 4 Vocabulary Flashcard

Front

What is the primary purpose of market research in entrepreneurship?

Back

To understand customer needs and market trends

Front

Which of the following is a key component of a business pitch? Business registration, Networking, Presenting the value proposition, Outsourcing

Back

Presenting the value proposition

Front

Who are angel investors?

Back

Individuals who provide capital for startups in exchange for equity

Front

Grace is considering investing in a startup and is offered an equity stake. What does this mean?

Back

Ownership interest in a company

Front

Which of the following is NOT a form of business funding? Venture capital, Business loan, Trademark, Angel investment

Back

Trademark

Front

Kai is starting a new business and wants to ensure its success. What should Kai create to outline the goals and strategy of the business?

Back

A business plan to outline the goals and strategy of a business

Front

Which business structure is characterized by limited liability and is owned by shareholders?

Back

Corporation

Front

What is the main advantage of a business bank account?

Back

It separates personal and business finances

Front

What does business valuation determine?

Back

The monetary worth of a business

Front

Which of the following is a legal protection for a brand's logo or name? Copyright, Trademark, Patent, Networking

Back

Trademark