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Bus. Owner Chapter 3


Business Model Structure upon which a business is based.
Certificate of Authenticity Document attesting that the item is genuine.
Cloning Creating an exact replica.
Competitor Manufacturer or seller of a product or service that is sold in the same market as that of another manufacturer.
Copyright Right granted by the government or by law for an author, playwright, composer, song- writer and certain others to exclusively publish, print or sell his product for a specified time period.
Exclusive Rights Not having to share a market.
Franchise Privilege or authorization granted by an organization.
Franchisee Person or organization granted a franchise.
Franchisers Person or organization that grants a franchise.
Idea Creation Originating an idea.
Mega-Business Very large business.
Patent Government grant to exclusively make, use or sell a product for a specific period of time.
Signage Displays which convey information.
Trade Show Gathering of people interested in the same product or line.
Trademark Legal restriction on the name or logo assigned to a product.
Created by: EBlackman16
Popular Business sets




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