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Chapter 3 Vocab

QuestionAnswer
Business Model a strategic plan that explains how a company creates, delivers, and captures value to generate profit
Certificate of Authenticity official document that proves your work is genuine and authentic. It is a helpful tool in proving a work’s provenance, quality, and ensures the buyer that it is produced by you and no one else
Cloning Cloning business ownership refers to creating a new business venture that closely imitates another company’s
Competitor One that competes
Copyright the exclusive legal right to reproduce, publish, sell, or distribute the matter and form of something (such as a literary, musical, or artistic work)
Exclusive Rights legally granted powers that give one person or entity the sole authority to use, control, or benefit from a work, asset, or activity
Franchise the right or license granted to an individual or group to market a company's goods or services in a particular territory
Franchisee an individual or company that holds a franchise for the sale of goods or the operation of a service
Franchisers franchisee
Idea Creation relies on structured techniques such as mind mapping, SCAMPER, brainwriting, divergent‑thinking prompts, and reverse brainstorming
Mega-Business a secure, privacy‑first cloud storage and collaboration platform designed for freelancers, startups, and corporate teams, offering unlimited file sizes, zero‑knowledge encryption, and flexible monthly storage pricing
Patent considered personal property and may be sold, assigned, or otherwise transferred.
Signage signs collectively, especially commercial or public display signs
Tradeshow an exhibition at which businesses in a particular industry promote their products and services
Trademark a symbol, word, or words legally registered or established by use as representing a company or product.
Created by: Gjimenez27
 

 



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