ENT3003 Exam 1 Study Guide
i. Define entrepreneurship
ii. Explain the role of entrepreneurship in economic growth
Describe the evolution of entrepreneurship as a field of study since the
iv. Identify todays broad t
CHOOSING THE LEGAL FORM OF
1. Distinguish between sole proprietorships and partnerships.
2. Discuss the corporate form and its advantages and disadvantages.
3. Explain the limited liability company.
4. Define th
Exam 2 Study Guide Terms (Chapters 5-8)
Below are some key terms and concepts that you should review along with actually
reading the chapters, reviewing the PowerPoint slides and watching the videos.
Goals in market research
Analyzing Product/Service Design and
College of Business
1. Discuss the current trends in product/process design
2. Describe the product development cycle.
3. Compare the advantage
PROOF OF CONCEPT: A NEW APPROACH
TO BUSINESS PLANS
1. Describe how to move from a feasible concept to a proof of
2. Identify stakeholder interests.
3. Explain the components of a compelling executive summary.