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Entre Ch. 3 Review

Quiz by Ryan Ridout

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22 questions
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  • Q1
    To think freely in order to generate ideas.
    Brainstorm
    30s
  • Q2
    Someone whose job it is to bring buyers and sellers of businesses together for a fee.
    Business Broker
    30s
  • Q3
    A new business started inside a larger business.
    Corporate Venture
    30s
  • Q4
    Personal characteristics that describe a population by age, gender, income, ethnic background, education, and occupation among others.
    Demographics
    30s
  • Q5
    A legal agreement to begin a new business in the name of a recognized company.
    Franchise
    30s
  • Q6
    The buyer of an established business with name recognition that is given the right to operate with its product, process, and/or service.
    Franchisee
    30s
  • Q7
    A seller of an established business who is giving authorization to someone to operate under the already recognized business name.
    Franchisor
    30s
  • Q8
    The favor and loyalty a business acquires by its good reputation.
    Goodwill
    30s
  • Q9
    A new way of doing things; a new idea, method, or device.
    Innovation
    30s
  • Q10
    A small, specialized segment of the market based on customer needs discovered in market research.
    Niche
    30s
  • Q11
    A company that conducts business by means of the WWW.
    Online business
    30s
  • Q12
    Hiring people and other companies to handle tasks a business can not do or chooses not to do itself.
    Outsourcing
    30s
  • Q13
    Those that recognize a social problem and use entrepreneurial methods to create, organize, adn manage a venture to address it.
    Social Entrepreneurs
    30s
  • Q14
    A periodical published for people with specific interests, such as sports and fashion.
    Specialty Magazine
    30s
  • Q15
    A partnership formed among two or more companies.
    Strategic Alliance
    30s

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