In business, it simply means pursuing ideas that maximize the scope of your potential.

(a)  

The entrepreneur who creates markets is considered (a)   .

The entrepreneur who competes in well-established markets is considered (a)   .

Other term for overcrowded industries.

(a)  

One who organizes, manages, and assumes the risk of a business or enterprise.

(a)  

The possibility of loss.

(a)  

Founder of Ford Motor Company.

(a)  

Founder of Facebook.

(a)  

A person that can recommend a legal entity that best for you.

(a)  

Defined generally as creations of the mind, includes mainly patents, copyrights and trademarks.

(a)  

A written document that describes in detail how a business- usually start up - defines its objectives and how it is to go about achieving its goal.

(a)  

The act of criticizing someone or something.

(a)  

The business practice of hiring a party outside a company to perform services and create goods that traditionally were performed in-house by the company's own employees and staff.

(a)  

The company which founded by Bill Gates and Paul Allen was started during a recession in 1975.

(a)  

Fear of (a)   causes many entrepreneurs to follow up.

The current CEO of Starbucks.

(a)  

According to Henry Ford, (a)   is simply the opportunity begin again, this time more intelligently.

An arrangement between two or more people to oversee business operations and share it profits and liabilities.

(a)  

An investment strategy of using borrowed money - to increase the potential return of an investment.

(a)  

Essay: 10 points

Explain why if there is no competition, it means your idea is probably has little merit? (5-10 sentences)