What protects this brand logo?

What would protect this music?

What would protect the design of this phone?

What 3 elements are required to have a trade secret?

What must happen before one can use someone else's patent?

Franchises will generally have higher _______, but they offer ongoing support and training.

A type of compensation provided for the amount of work produced.

Mia, Evelyn, and Abigail work at a company where they receive a fixed amount of money each pay period. What is this type of payment called?

Stage where business takes on new customers and generates a consistent income.

Stage where owners make a profit by selling their ownership in the company.

Priya, Avery, and Michael started a tech startup. They are at a stage where they are looking to grow the company and may begin to pass on responsibility to others. What is this stage called?

Observing and engaging with customers to gain their perspective.

Stage where a problem statement is formed.

Which role creates the company?

Which role oversees the company finances?

Maya, Elijah, and Zoe are playing a game of 'Corporate Ladder'. In their game, who would be reporting to the board of directors?

Which role owns stock in the company?

Funds to start a business

A situation involving exposure to danger

A thing given in recognition of one's service, effort, or achievement

This business structure protects the owners from being personally responsible for company debt while allowing profits and losses to be reported on members’ Individual Tax Returns.

The first step of the design thinking process is:

The second step in the design thinking process is:

The third step in the design thinking process is:

The fourth step in the design thinking process is:

The fifth step in the design thinking process is:

During which step do you create a physical, interactive representation of your solution?

T/F The goal of a pitch deck is to get investors' attention

Business plans are text-based documents

A pitch deck is a visual slide presentation

Business Plans are highly visual

A typical pitch deck has between 20-100 slides

A __________is a multi-page document describing and detailing a business.

A slide presentation for potential investors that summarizes of the key items of a business is called a __________.

If you only want to be taxed once, have less than 100 shareholders, and the owners do not want to bare the business' liabilities, you should choose which business structure?

The business structure with the highest liability is:

The recipe for Chick-Fil-A's chicken sandwich is protected by...

Holds a leadership role within a business and is responsible for overseeing the day-to-day administrative and operational functions of a business.

A monetary amount given to employees in return for their work.

Non-cash compensations offered to employees in place of or in addition to a lower salary.

Should explain everything in a business plan in two pages

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

What is a form of business ownership in which 2 or more people jointly owns a business

This type of organisation is a legal entity separate from its owners.

Advantage of this business is that owner keeps all the profit and is his own boss

This type of business is subject to many more laws and is difficult to form

Some advantages to purchasing ________________ are already having a product, customers, and a business reputation.