jeopardy

multiple choice 1

100

• A business in which a distributor network is needed to build the business. Such businesses usually are also MLM.

1(network) 2(network marketing) 3(SCORE)

network marketing

200

• A form of legal protection for words, names, symbols, sounds, or colors that distinguish goods and services. Trademarks, unlike patents, can be renewed forever as long as they are being used in business.

1(patent) 2(planning) 3(trademark)

trademark

300

• A business owned and operated by one person.

1(trademark) 2(Sole Proprietorship) 3(parthership)

Sole Proprietorship

400

• The exchange of a product or service for money. Also refers to the profession of that activity or a department within a company that performs that activity.

1(profit) 2(sales) 3(patent)

sales

500

• A detailed method, formulated beforehand, for managing a business.

1(planning) 2(sales) 3(Public Relations)

planning

multiple choice 2

100

A form of financing for a company in which the business gives up partial ownership and control of the business in exchange for capital over a limited time frame, 

1(venture capital) 2(Strategic Alliance) 3(Sales)

Venture Capital (VC)

200

• Service Corps of Retired Executives provides counseling advice for small businesses.

1(Small Business Administration) 2(SCORE) 3(parthership_

SCORE

300

• An ongoing relationship between two businesses in which they combine efforts for a specific purpose.

1(Strategic Alliance) 2(Public Relations)3(SCORE) 

Strategic Alliance

400

• A property right granted to an inventor to exclude others from making, using, offering for sale, or selling the invention for a limited time in exchange for public disclosure of the invention when the patent is granted.

1(trademark) 2(copyright) 3(patent)

patent

500

• The deliberate promotion of a specific image for a business. Often confused with publicity which is simply the materials used in a specific part of a public relations effort.

1(Public Relations) 2(networking) 3(marketing)

Public Relations

multiple choice 3

100

what does E-ship stand for

Entrepreneurship

200

• Purchasing standard operational services from another business. Outsourced services typically including accounting, payroll, IT, advertising, and more.

1(outsourcing) 2(network) 3(network marketing

Outsourcing

300

• The U.S. agency charged with "providing customer-oriented, full-service programs and accurate, timely information to the entrepreneurial community".

1(small business administration) 2(Sole Proprietorship) 3(Strategic Alliance)

Small Business Administration (SBA)

400

• Two or more individuals who operate a continuing business for profit. A partnership is legally regarded as a group of individuals rather than as a single entity, and each of the partners file their share of the profits on their individual tax returns.

1(network) 2(parthership) 3(Public Relations)

parthership

500

• Developing business contacts to form business relationships, increase your knowledge, expand your business base, or serve the community. Also used to describe linking computers systems together.

1(network) 2(outsourcing) 3(sales)

network

definition 1

100

what is a trademark

• A form of legal protection for words, names, symbols, sounds, or colors that distinguish goods and services. Trademarks, 

200

what is Networking

• Developing business contacts to form business relationships, increase your knowledge, expand your business base, or serve the community. Also used to describe linking computers systems together.

300

what is Outsourcing

• Purchasing standard operational services from another business. Outsourced services typically including accounting, payroll, IT, advertising, and more.

400

what is Patent

• A property right granted to an inventor to exclude others from making, using, offering for sale, or selling the invention for a limited time in exchange for public disclosure of the invention when the patent is granted.

500

what is Planning

• A detailed method, formulated beforehand, for managing a business.

definition 2

100

what is sales

• The exchange of a product or service for money. Also refers to the profession of that activity or a department within a company that performs that activity.

200

what does SCORE stand for 

• Service Corps of Retired Executives 

300

what does SBA stand for 

Small Business Administration 

400

what is profit

 the money a business pulls in after accounting for all expenses

500

what is patent 

• A property right granted to an inventor to exclude others from making, using, offering for sale, or selling the invention for a limited time in exchange for public disclosure of the invention when the patent is granted.