Collecting demographic data from The Statistical Abstract of the United States is an example of ________ research.
A new owner of an existing business can generally introduce…
A new owner of an existing business can generally introduce change and innovation almost as easily as if the company were a new business because employees and customers expect change in business practice when there is a change in ownership.
Most startup companies can expect to need ________ capital t…
Most startup companies can expect to need ________ capital than they anticipate.
A principal advantage of buying an existing business is the…
A principal advantage of buying an existing business is the purchaser’s ability to rely on the previous owner’s experience.
Earning a profit may not be a company’s ________ responsibil…
Earning a profit may not be a company’s ________ responsibility.
________ is a process in which a small group of people inter…
________ is a process in which a small group of people interacts to produce a large quantity of imaginative ideas.
Chris Jaffe, the owner of a small independent doughnut shop,…
Chris Jaffe, the owner of a small independent doughnut shop, is worried that a large doughnut franchise will open an outlet near her location and take away business. Taking a proactive approach, Jaffe contacts the franchise, and after a few months of negotiations, becomes a franchisee. Jaffe is an example of which trend in franchising?
The illumination stage of the creative process is often call…
The illumination stage of the creative process is often called the “Eureka factor” and is characterized by a spontaneous breakthrough.
Socially responsible business owners focus on the three Rs:…
Socially responsible business owners focus on the three Rs: reduce, reengineer, and recycle.
The Business Model Canvas consists of six elements.
The Business Model Canvas consists of six elements.