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Chp 3

Business Ownership

TermDefinition
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 Businesses that compete with other businesses
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 is a set of exclusive rights granted by a sovereign state to an inventor or assignee for a limited period of time in exchange for detailed public disclosure of an invention.
Signage signs collectively, especially commercial or public display signs
Trade Show exhibition or expo) is an exhibition organized so that companies in a specific industry can showcase and demonstrate their latest products, service
Trademark is any word, name, symbol, or design, or any combination thereof, used in commerce to identify and distinguish the goods of one manufacturer or seller from those of another
Created by: Jdegolier16
Popular Business sets

 

 



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