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chapter 3 vocab

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 Creating an exact replica.
Copyright Legal, exclusive right to a literary or artistic work.
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 A Federal government grant in which an inventor is given the exclusive right to manufacture, produce, or sell the invention for a specified time period.
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: Tswitla25
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