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Conservative firms ________. - ANSWER-are risk-averse The word "entrepreneur" was originally used to describe people who "_______" between buyers and sellers. - ANSWER-take on the risk An entrepreneur assembles and then integrates all the resources needed to transform an invention into a viable business. What is NOT a resource assembled by an entrepreneur? - ANSWER-Confidence Established firms with an orientation toward acting entrepreneurially practice _______. - ANSWER-Corporate E...

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Accounts Receivable - ANSWER-the money owed to a firm by its customers assumption sheet - ANSWER-an explanation in a new firm's business plan of the sources of the numbers for its financial forecast and the assumptions used to generate them Balance Sheet - ANSWER-a snapshot of a company's assets, liabilities and owner's equity at a specific point in time break-even point - ANSWER-the point where total revenue received equals total costs associated with the output budgets - ANSWER-...

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