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BO Chapter 3

TermDefinition
Business Model structure upon which a business is based
Certificate of Authenticity document attesting that an 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: Bellakmitch
Popular Business sets

 

 



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