Entrepreneurs often have a variety of reasons to start and run their own businesses. However, entrepreneurs generally focus on ________.

Cash or goods invested to generate income and wealth is called ________.

The United States economy is a free enterprise system. It is also referred to as a "free trade system" because it is based on ________.

When making an investment, always consider the ________, which is the cost of your next-best investment.

The free-market system is also called ________.

A company that has more than ________ employees and sales of more than $________ million per year is considered to be a "big" business.

The corporate equivalent of paying owners a portion of the business's profits is called a ________.

A for-profit enterprise with the dual goals of achieving profitability and attaining beneficial returns for society is called ________.

Entrepreneurs look at five basic ways of opportunity for business ideas. Which is not one of those five?

Entrepreneurs view problems as a(n)________.

The great economist Joel Schumpeter emphasized that innovation is the key to entrepreneurship. Which of the following is a basic way to create a new business?

The best business opportunities often combine both ________ and ________.