________ is a process in which a small group of people interacts to produce a large quantity of imaginative ideas.

The illumination stage of the creative process is often called the “Eureka factor” and is characterized by a spontaneous breakthrough.

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?

Socially responsible business owners focus on the three Rs: reduce, reengineer, and recycle.

A disadvantage of the corporate form of ownership is when profits are taxed at the corporate rate and at the individual rate and this is referred to as ________.

The Business Model Canvas consists of six elements.

“Divergent thinking” is the ability to see similarities and connections among various data and events.

A creditor’s claim against an asset is referred to as lien.

The primary cause of small business failures is ________.

Strengths and weaknesses are ________ to the organization.