You own a lawn care business. You have employees who work long hours laboring in good weather, often exceeding 40 hours per week. They also work short hours when the weather is bad, sometimes they can't work at all. You do all of the sales for your business.

Which two types of compensation would be appropriate for these landscape employees?

Assumptions are challenged and ideas are created in the Ideate phase of the business life cycle.

Building Prototypes is the final phase of the Design Thinking Process.

In which stage do sales gain momentum?

What do fulfillment centers do?

A one page document covering problems, solutions, and key details of a business plan, costs and revenue.

Which viability factor can help an entrepreneur make up for a lack of skills?

Mary works for a tech company and is designing a new style of headphones. Which intellectual property law would best protect Mary’s design?

In which step of the sales process would potential customers be identified?

Josie is a teenage girl who wants to start a jewelry-making business. Her target market is females, ages 10-14. What price should she charge per necklace that she sells?

Which one is the greatest benefits of being an entrepreneur?

Makes major decisions for the company, oversees operations and resources, comes up with the company's vision, strategies, and mission, and reports to the board

of directors

What is the formula for determining equity?

Michael owns a small but profitable tech company. He has been approached by a larger company that wants to purchase his business. In which business life cycle

stage is Michael?

A(n) ________________ is a financial report that shows a company's assets, liabilities, and equity for a specific period.

A common financial risk that entrepreneurs face is

Which market segment shows how a customer views the world?

Which section of a business plan determines if there is a large enough customer pool?

Which business opportunity involves higher start-up costs?