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A disadvantage of corporations is that they are subject to _________, which means that a corporation is taxed on its net income and when the same income is distributed to shareholders in the form of dividends it is taxed again on the shareholders’ personal income tax returns.

Which form of intellectual property protection is the only one expressly mentioned in the original articles of the U.S. Constitution?

Apple is an established firm that encourages and emphasizes entrepreneurial behavior throughout its various divisions.  According to the textbook, Apple practices _____________ entrepreneurship.

The members of heterogeneous teams are:

Talking to industry experts, obtaining feedback from prospective customers, and administering surveys are examples of __________ research.

Andy Zachery just launched a firm in the sporting goods industry.  On the day the company was launched, Andy issued a press release, indicating that the vice president of Brunswick, a highly respected sporting goods company, had agreed to serve on his board of directors.  Andy knows that such a high quality appointment will send an important message to his potential clientele.  This phenomenon is referred to as:

Aquafina operates in the bottled water industry.  The companies that offer identical or similar products and go after the same customers that Aquafina does are Dasani and Zephyrhills.  Dasani and Zephyrhills are Aquafinia’s ________ competitors.

In general, industries are more attractive when the ___________.

_____________ are projections for future periods based on forecasts and are typically completed for two to three years into the future.

According to the textbook, the single most important thing founders of an entrepreneurial venture can do is: