Questions from General Entrepreneurship


Q: A friend of yours heard her roommates talking about different kinds of

A friend of yours heard her roommates talking about different kinds of franchises. Before she could ask questions, they left for a team meeting to work on a class project. Your friend knows that you a...

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Q: Bill Watts has decided to buy a sub shop franchise called Super

Bill Watts has decided to buy a sub shop franchise called Super Subs. He lives in Cedar Falls, Iowa, and will be the first Super Subs franchisee in the state. Along with buying a Super Subs franchise,...

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Q: A growing number of franchise organizations, including Wings Over, Great

A growing number of franchise organizations, including Wings Over, Great Harvest Bread Company, and Beef O’ Brady’s, are allowing their franchisees to tweak their menus and change the appearances of t...

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Q: A friend of yours owns a carpet and installation business, which

A friend of yours owns a carpet and installation business, which is a full-time job. To increase his income, he’s thinking about buying a 1-800-Water-Damage franchise, which is a franchise that helps...

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Q: Suppose you became interested in opening a School of Rock franchise (

Suppose you became interested in opening a School of Rock franchise (see Case 15.2 for more information about this company). You fly to Philadelphia and visit the company’s headquarters. After learnin...

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Q: What are the two primary reasons for those starting a new venture

What are the two primary reasons for those starting a new venture to write a business plan?

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Q: How would you describe the four areas that a properly executed feasibility

How would you describe the four areas that a properly executed feasibility analysis explores?

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Q: What are the two primary purposes of conducting an intellectual property audit

What are the two primary purposes of conducting an intellectual property audit? What risks does a company run if it doesn’t periodically conduct an intellectual property audit?

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Q: Do all firms have the potential to be aggressive rapid-growth

Do all firms have the potential to be aggressive rapid-growth firms? Why or why not?

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Q: What is a business method patent? Provide an example of a

What is a business method patent? Provide an example of a business method patent. How can having such a patent provide a firm a competitive advantage in the marketplace?

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