Crowdfunding Study guides, Class notes & Summaries

Small Business Development Centers - Local offices- affiliated with the Small Business Administration- that provide comprehensive management assistance to current and prospective small business owners Entrepreneurs - People who risk their time, money, and other resources to start and manage a business Characteristics of an Entrepreneur - Vision Self-reliance Energy Confidence Tolerance of Uncertainty Tolerance of Failure Vision - Finding new solutions to old problems; being wild...

types of storage media - 1. magnetic tape reels 2. cartridges 3. cassettes 4. magnetic disks 5. microforms (microfilm + microfiche) Crowdfunding - raising money Crowdsourcing - inviting people into the new product innovation process Bit - A binary digit, a 0 or a 1. Byte - 8 bits Server - a computer with higher reliability / quality parts that is dedicated to providing one or more services to other computers or devices on a network Terminal - a computer, usually with limited processin...

2024 WSC Full Set – Pocketpwaa (Definitions from Pocketpwaa - Study Guide Not to be used as a sole source, just a review) Rated 100% Correct Diorama -Answer-A taxidermied subject within its historical environment. Established by Carl Akeley in 1890, and requires research from Botanists, Zoologists, Anthropoligists, etc. Aaron Delehanty -Answer-A person specializing in creating dioramas, starting since he was in 6th grade. Worked on a Hemedu civilization diorama with the Cyrus Hall of Chi...

REAL ESTATE INVESTMENT STUDY GUIDE CHAMPIONS 100% CORRECT Income Rental income is among the primary catalysts for real estate investment. It is the dollar return on an investment (profit or loss) is its income. An appraisal method estimating property value as the property's new operating income divided by a selected cap rate or discount rate. Examples: savings accounts, corporate and muncipal bonds, goverment bonds, and treasury bills all fall into this category. Example 2: Mort...

crowdfunding (kickstarter) - gain funding through raising small amounts of funding from a large number of people, typically through the internet crowdsourcing - obtaining information by enlisting the services of a large number of people, either paid or unpaid typically through the internet Bit - Binary digit, 0 or 1 Byte - 8 bits, unique combinations of 8 bits of 0s and 1s form letters, numbers, and special characters Server - a computer dedicated to providing one or more services to other...

Positions in the theater Correct Answer: Lead producer, librettist, composer, lyricist, director, choreographer, set/scenic designer, sound designer, lighting designer, costume designer, music director, lead character, supporting roles, ensemble. Lead producer Correct Answer: -Has the final say -Options the right to the "property" or story -Hires creative team to develop the show -Deals with advertising and marketing -Secures a theatre -Makes a weekly fee and percentage of box...

Acquisition Cost - Answer the cost of obtaining data that you don't have Contingency costs - Answer amount of money included to cover potential events that are not specifically accounted for in a cost estimate Variable Cost - Answer a cost that rises or falls depending on how much is produced fixed costs - Answer costs that do not vary with production or sales level pro forma - Answer financial statement Small Business Administration (SBA) - Answer government agency that helps sm...

The Business of Video Game Design Unit 7 Rated A+ entertainment software rating board (ESRB) self-regulated ratings; handled internally in the video game industry itself rather than by a government authority or organization. international age rating coalition (IARC) digitally delivered games rated by automated rating category after filling out questionnaires. intellectual property refers to ownership of anything non-tangible, or conceptual. can be things such as a trademark, a pat...

Disruptive Technology - A new way of doing things that does not initially meet the needs of existing customers. They tend to open new markets and destroy old ones sustaining technology - produced an improved product that customers are eager to buy, such as a faster car or a larger hard drive. Sustaining technologies tend to provide us with better, faster, and cheaper products in established markets Internet - a massive network that connects computers all over the world and allows them to c...

Acquisition Costs Cost incurred by a business. Angel Investor An investor who provides funding to a business for a stake in the business in return. Asset A tangible item a business owns. B2B A business-to-business (B2B) commercial transaction between businesses. B2C A business-to-consumer (B2C) transaction. Balance Sheet A document that compares assets to liabilities plus owner's equity. Bootstrapping A business owner that uses their own money to...