Save
Busy. Please wait.
Log in with Clever
or
show password
Forgot Password?
Don't have an account?  Sign up 
Sign up using Clever
or
Username is available taken
show password


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account. Your email address is only used to allow you to reset your password. See our Privacy Policy and Terms of Service.

Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.
focusNode
Didn't know it?
click below
 
Knew it?
click below
Don't Know
Remaining cards (0)
Know
0:00
edit
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

Biz Innovator Unit 3

Opportunity Recognition/Intellectual

TermDefinition
Innovate Make changes in something established, especially by introducing new methods, ideas, or products.
Idea Something that has potential to make money.
Opprotunities Passed the test of planning.
SWOT Strategic planning technique used to help a person or organization identify the Strengths, Weaknesses, Opportunities, and Threats related to business competition or project planning.
Competence Resources and skills.
Passion Willing to put in the long hours.
Adaptability Opportunity meets the customers needs.
Personnel and Team People who add other key resources and skills.
Tolerance Risk, reward, and stress.
--------------------Bootstrapping Starting a company with little capital.
Business Plan Blueprint/Road map for a business.
Target Market Marketing aimed at certain people.
ROI Return On Investment
BE Break Even
Variable Cost Changing costs in a business.
Fixed Cost Costs that stay the same in a business.
Elevator Pitch A short description/presentation of your business and what it can offer.
Patents Exclusive rights in the US, allowing you to use and sell a product.
Design Patent Ornamental design of a manufactured item (14 years).
-------------------Utility Patent Functional features of the invention (20 years).
Copyright Protects works of art/creation.
Trademark Word, name, or symbols that a company uses is protected by this.
Trade Secrets Secrets within a company that gives them a competitive advantage over the rest of the companies in the industry.
Plagerism Copying someone else's work and presenting it as your own.
Fair Use A set of legal exceptions to copyright.
Service Mark A legally registered name or designation used in the manner of a trademark to distinguish an organizations services from those of its competitors.
Competitive Advantage Something gives a company an edge over the other companies in its industry.
Business Model Canvas An organizational tool used to help plan out your business.
Potential Showing the capacity to develop into something in the future.
----------------Market Timing Short term trading strategy where investors try to benefit by predicting market decisions.
Created by: SMCole
Popular Business sets

 

 



Voices

Use these flashcards to help memorize information. Look at the large card and try to recall what is on the other side. Then click the card to flip it. If you knew the answer, click the green Know box. Otherwise, click the red Don't know box.

When you've placed seven or more cards in the Don't know box, click "retry" to try those cards again.

If you've accidentally put the card in the wrong box, just click on the card to take it out of the box.

You can also use your keyboard to move the cards as follows:

If you are logged in to your account, this website will remember which cards you know and don't know so that they are in the same box the next time you log in.

When you need a break, try one of the other activities listed below the flashcards like Matching, Snowman, or Hungry Bug. Although it may feel like you're playing a game, your brain is still making more connections with the information to help you out.

To see how well you know the information, try the Quiz or Test activity.

Pass complete!
"Know" box contains:
Time elapsed:
Retries:
restart all cards