A method of franchising that gives the right to create a semi-independent organization in a particular territory is a ________ franchise.

A strategic plan serves as a blueprint to help a company to ________.

Before presenting a business plan to potential lenders and investors, an entrepreneur must be well informed and well prepared.

The shift to a service economy has not had a significant impact on entrepreneurial opportunities.

Which of the following sets of experiences may enhance individual creativity?

The mission statement addresses the first question of any business venture: “What business am I in?”

Printed newspapers have seen their readership rates decline as new generations of potential readers turn to their iPads and smartphones for sources of news. This is an example of ________.

The company history section of the business plan typically includes ________.

Generally, an industry is less attractive when the number of buyers in the industry is large.

Which of the following statements about women-owned businesses is false?