Business Management Week 5 PreQuiz

What is the initial study conducted to evaluate the practicality and profitability of a business idea?

• Business franchise

• Feasibility study

• Tax shelter

• Trademark

Which strategic tool examines a business's strengths, weaknesses, opportunities, and threats?

• Financial responsibility

• Feasibility study

• SWOT analysis

• Settlement

What term refers to the ongoing process of operating and managing a company?

• Patent

• Running a business

• Copyright

• Lawsuit

Which term describes the unique combination of product, price, place, and promotion in marketing?

• 4Ps of marketing

• SWOT analysis

• Limited partnership

• USPTO

Which agency in the U.S. handles trademarks and patents?

• C-corp

• LLC

• USPTO

• IRS

What type of legal protection is granted to original works like books, music, or films?

• Patent

• Trademark

• Copyright

• Feasibility study

Using copyrighted material without permission may lead to which legal issue?

• Tax shelter

• Infringement

• Trademark

• Feasibility study

What protects inventions and grants exclusive rights to make, use, or sell them?

• Copyright

• Trademark

• Patent

• Settlement

What protects logos, slogans, and brand names from being used by others?

• Patent

• Copyright

• Trademark

• Partnership

What is a legal case brought to a court of law?

• Lawsuit

• Patent

• Franchise

• Tax obligation