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Any distinctive word, phrase, symbol, name, or logo a firm uses to distinguish itself or its products is called a ________.

Which of the following question(s) should you consider before entering a lawsuit to protect intellectual property?

A prospective buyer should have an attorney thoroughly investigate all of the assets for sale in a business and their lien status before buying any business.

A firm’s strategy must focus on establishing for the firm the key success factors the entrepreneur has identified for the industry.

Time out of cash is one of the four major elements included in a financial feasibility analysis.

For the question(s) below, consider the following competitive profile matrix: Competitive Profile Matrix Key Success Factors Your Business Weighted Competitor 1 Weighted Competitor 2 Weighted Weight Rating Score Rating Score Rating Score Quality .35 4 1.40 2 .70 1 .35 Service .20 4 .80 2 .40 2 .40 Convenience .15 2 .30 4 .60 1 .45 On-Time Delivery .20 2 .40 4 .80 3 .60 Location .10 3 .30 1 .10 2 .20 Total 1.00 3.20 2.60 1.70 In terms of quality, which company has the weakest competitive position?

Large companies create significantly more patents and other forms of innovations per research and development dollars spent than small firms.

The most common reasons that owners of small businesses give for selling are the intensity of competition and an inability to raise sufficient cash to continue to grow.

To protect patent claims, an inventor should be able to verify and document the ________.

Small businesses actually create more jobs than the number of jobs big businesses create.