While Many _____ Ventures Are Based on Innovative Ideas,others Revolve

question 28

Multiple Choice

While many _____ ventures are based on innovative ideas,others revolve around improvements to existing goods or services.

• A)franchise
• B)not-for-profit
• C)governmental
• D)entrepreneurial

---

Definitions:

Advertising Fees

Advertising Fees are charges incurred for the promotion of products, services, or a brand through various advertising channels and media, aimed at reaching a wider audience and increasing sales.

Disclosure Statement

A document that outlines critical information about a transaction or investment, required by law to be presented to a potential buyer or investor.

Litigation

The process of taking legal action or resolving disputes in court.

Intellectual Property

A range of legal rights that grant creators protection for their original works, inventions, or the appearance of products, which can include patents, copyrights, trademarks, and trade secrets.