Which of the following is one of the ways to get into small business ownership?

Select one:

a. strategic partnerships

b. bricolage

c. bootstrapping

d. franchising

An arm's length transaction is a business deal where the parties have a prior relation or affiliation, but where the business is conducted as if they were unrelated.

Select one:

a. FALSE

b. TRUE

Adam owns a software development company. He and his team developed and licensed new software that could help many organizations strengthen their web security. Any organization that wishes to use Adam's licensed software would most likely have to pay him in the form of a

Select one:

a. pay-off.

b. freemium.

c. payout.

d. royalty.

The owner of Elixir Force Inc. received the most prestigious corporate award and was also titled as "the most outstanding new entrepreneur of the year." In the context of people-based legitimacy, this is typically an indicator of

Select one:

a. business network membership.

b. experiential supports.

c. public recognition.

d. brand equity

Selling your product or service in a limited area, for a limited time is known as parallel marketing.

Select one:

a. FALSE

b. TRUE