Chapter 5: Entrepreneurship

________ have the potential to attract a huge number of customers.

A(n) ________ is a person who recognizes a business opportunity and organizes, manages, and assumes the risks of starting and operating a business.

________ employ more than 50 percent of the U.S. workforce.

The ________ is a brief account of the key points contained in a business plan.

Corporations are run by a(n) ________ officer, who answers to a board of directors.

The ________ is a U.S. government agency that protects the interests of small businesses.

________ are usually shown in financial statements.

A(n) ________ is a new business undertaking that involves risk.

The ________ looks at likely risks to the business, such as lower- than- expected sales and emergencies that might affect it.

The ________ looks at how the business will expand in the future.

A(n) ________ serves a limited geographic area and employs fewer than 500 people.

The ________ presents your qualifications and those of any partners you might have.

________ are responsible for more than just decision making.

________ indicates how the proposed business has an advantage over its competitors.

A(n) ________ or dot- com company is a business that operates on the Internet.

________ looks at the people who will run the firm as well as managements philosophy.

The ________ includes the business processes that result in production and delivery of the product or service.

discipline, planning, and people skills