final

value chain support activities

-administration -HR mgmt -technology development -resource procurement

components of a business model (4)

-core strategy -strategic resources -partnership network -customer interface

types of patents

-design(14) -plant(20) -utility(20)

value chain primary activities

-inbound/outbound logistics -operations -marketing and sales -service

core strategy

-mission and vision -product/market scope -basis of differentiation

types of IP

-patents -trademarks -copy rights -trade secrets

financial objectives of a firm (4)

-profitability -liquidity -efficiency -stability

type of trademark

-trademark (10) -service mark..intangibles (10) -collective mark (10) -certification mark (10)

c corp

A corporation is taxed as a separate legal entity. A disadvantage of corporations is that they are subject to double-taxation, which means that a corporation is taxed on its net income and, when the same income is distributed to shareholders in the form of dividends, is taxed again on shareholders' personal tax returns.

subchapter s corp

A subchapter S corporation combines the advantages of a partnership and a C corporation. It is similar to a partnership in that the profits and losses of the business are not subject to double taxation. The subchapter S corporation does not pay taxes; instead, the profits or losses of the business are passed through to the individual tax returns of the owners. It is similar to a corporation in that the owners are not subject to personal liability for the behavior of the business.

types of franchises

patent or trademark franchise business format franchise