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Unscramble concepts from week 9
1
Structured programs that speed growth with mentors, funding, and milestones.
2
Assets with physical form that can be seen, touched, and felt, such as equipment and buildings.
3
Assets without physical form, including ideas, brands, trademarks, and proprietary processes.
4
Legally protected creations of the mind that can be turned into products or services.
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Legal grant protecting an inventor's rights to an invention for a set time.
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Registration that allows use of a name, symbol, or jingle with a product or service and prevents others from using similar marks.
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Protection that gives creators exclusive rights to reproduce and distribute their works for a period.
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Proprietary information and know-how that provide competitive advantage.
9
Money sources needed to start and run a business, including grants, investors, or internal funds.
10
A funding approach that relies on the founder's own money and low-cost strategies to start and grow a project, reducing external cash needs.
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Financing sourced from many individuals who contribute small amounts to support a venture's goals.
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A financial gift from an organization or agency earmarked for a specific objective or project.
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The science of crafting work environments to fit human abilities and reduce strain.
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A production approach delivering materials exactly when needed, reducing inventory.
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Major purchase of a long-lasting asset used in operations.
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Costs incurred in daily activities like wages, supplies, and utilities.
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Maximum output a machine can achieve in a defined period.
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Realistic production level limited by processes and scheduling.
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Gap between theoretical maximum and achievable output under normal operations.
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Hiring based on family ties or close relationships rather than merit.
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comprehensive cost of owning large capital items, including initial direct costs, operating direct costs, and indirect costs
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details the what, when, who, how long, with what, and how much of company activities.
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the measurement of outcomes and an evaluation of the activities that led to those outcomes.
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internal comparison of actual outcomes with expected outcomes
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organization, scheduling, coordination, standardization, and cooperation
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measure of a company’s ability to cover its immediate and short-term (i.e., due within one year) debts and obligations
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agreement between a bank and a depositor where the bank makes available a maximum amount of money the depositor can borrow at any time during the loan; the borrower pays a fee during the term and pays interest when there is a balance on the loan
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raising money to fund the startup and operation of a business
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A positive cash flow exists when cash received exceeds cash spent. A negative cash flow occurs when cash received is less than cash disbursed.
30
the promise to pay later for something already acquired.
31
When the delivery is made, the delivery driver or the online agent will release the product to the customer once payment has been received.
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process of establishing and maintaining bilateral relationship with other people to exchange information, ideas, products or services, and money
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informal, loosely organized group of individuals who have no formal process for joining or leaving the group, and who focus on a specific activity or social cause
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formal, structured group of individuals who have a strict process or specific criteria that applicants must meet before being accepted as members
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group of individuals who have a flexible set of criteria for membership and function within a very broad set of guidelines; certain criteria may be required of regular members, but guests are frequently accepted with no long-term commitment expected
36
group of companies or employees of companies in a specific industry, business structure, or social cause
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organization formed by professionals or organizations assisting startup or early stage businesses that provides office space, financial/technical support, or advisors whose skills in management and marketing complement the talents of the entrepreneur
38
organization formed by an alliance of business professionals who assist entrepreneurs in their startup or early stage businesses in exchange for an equity investment in the entrepreneur’s company
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