Stockholders in the corporation have the same kind of liability as general partners in a partnership.

The relationship between core competencies and competitive advantage is best described by which statement?

The ideal business plan should be at least 100 pages long to prove to potential lenders and investors that the entrepreneur has studied the business and the market opportunity sufficiently.

An analysis that determines the degree to which a product or service idea appeals to potential customers and identifies the resources necessary to produce the product or provide the service is referred to as ________.

Kant’s categorical imperative states that one should act in such a way that the action taken under the circumstances could be a universal law or rule of behavior.

The average cost to create a legal business entity is ________.

A(n) ________ trial involves sending researchers into customers’ homes to observe them as they use the company’s product or service.

A major advantage of launching a business part-time is the lower risk it offers in case the business fails.

Ethical decisions are individual decisions.

Most states do not require a Certificate of Incorporation or a charter to be filed for a new corporation.