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Amy Clark just opened a soup and salad restaurant near Golden Gate Park in San Francisco.  Rather than borrow money or raise funds from investors, Amy used her creativity and ingenuity and figured out how to get her business up and running, without the need for external funding.  Amy is utilizing a technique referred to as:

Economic forces impact the opportunities available to entrepreneurs.  Which of the following alternatives reflects a set of economic forces that would be of interest to entrepreneurs?

A business’s ___________ statement describes why it exists and what its business model is supposed to accomplish.

According to the textbook, opportunities are ___________.

A company’s ability to productively utilize its assets relative to its revenue and its profits is referred to as :

Andy Dungy owns a company that makes Apple iPod, iPhone, and iPad accessories.  He is trying to increase his sales, primarily because he knows that increasing production lowers his average cost of each unit produced.  The reason for growth illustrated in this example is:

Google is a firm that is proactive, innovative, and risk-taking.  From this description, we can most accurately conclude that Google has a high level of _________.

Kimberly Jones is the founder of a company in the medical equipment industry.  Kimberly’s firm is still in the feasibility analysis stage and does not have a product that is ready to sell.  The company is spending about $25,000 per month and expects to maintain that level of spending until it reaches profitability.  The $25,000 a month is Kimberly’s:

The idea behind blogs is that they:

True You Cosmetics, the company profiled in the opening feature in Chapter 11, sells cosmetics products.  The company’s marketing efforts to date have focused heavily on: