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Ent & Lead Terms #1

Use "__" or a space between words in multiple-word answers.
Horizontales
Noncurrent assets that a company uses in its production of goods and services that have a life of more than one year.
A company that develops a product concept and sells others the rights to make and sell their products/services.
Cognitive delivery skill where the brain synthesizes novel inputs and creates connections, sometimes across seemingly unrelated questions, problems, or ideas.
A legal agreement in which a distributor buys the rights to sell another company's product or service under that company's name, trademark, and operating system.
Money spent by a business on the short-term, day-to-day costs of running the business, such as wages, raw materials for production, and indirect costs (rent, advertising, etc.) are ___________ expenditures.
Debts and obligations of a company.
Test used to measure creative thinking from a divergent persepctive.
Weekly or monthly payments made by the owner of a franchise to the seller of the franchise.
When an incorporated entity sells shares on listed exchanges for the first time.
An unincorporated business that has just one owner.
One of the four delivery skills that lead to execution and the carrying out of a business plan and operations.
The risk that changes in the market or the business environment can mean that a chosen strategy is the wrong one, and a company might struggle or fail to reach its projected results.
Behavioral discovery skill that serves to provoke insights, connections, possibilities, and directions, indicated by curiosity and challenging the status quo.
Benefits that arise as a company "scales" (becomes larger).
Verticales
The value of a business (assets less liabilities).
Innovation that creates new markets and value networks, or displaces established market-leading firms, products, and alliances.
Test used to measure convergent, creative thinking
Narrows the available problems solutions to determine the single best solution.
Money spent by a business on acquiring or maintaining fixed assets such as land, buildings, and equipment.
Represents the difference between a company's current assets and current liabilities. Serves as a measure of a company's liquidity and short-term financial health.
Something of value owned by a business that can be converted to cash.
A business structure that legally separates the owners from the company, creating limited liability without formally incorporating.