1 for specific request mail
ENTR5500 - Fundamentals Questions and Correct
Answers | Latest Update
Articles of Organization
Ans: Documentation filed with the Secretary of State which acts as a
charter to document the establishment and existence of a limited liability
company (LLC)
Assets
Ans: All financial resources that a corporation owns, including material
Assignment Expert
goods, equipment, intellectual property (such as patents or copyrights),
investments, cash, etc.
Guru01 - Stuvia
Balance sheet
Ans: A condensed financial statement showing the nature and amount
of a company's assets, liabilities, and capital (equity) on a given date
2026
B2B
©
Ans: Business to business; a company which sells a product or service
to other businesses
B2C
Ans: Business to consumer; a company which sells a product or service
directly to individual consumers
Board of directors
Ans: A group of people elected by the company's shareholders that
makes decisions on major company issues, including hiring/firing the
Chief Executive Officer
Bridge round
, 2 for specific request mail
Ans: A round of funding that comes between your seed round and your
full-blown Series A round, used to extend your runway as you prepare for
your Series A
Bootstrapping
Ans: Funding a company only by reinvesting initial profits; from
'pulling yourself up by your own bootstraps'
Burn rate
Ans: The rate at which a company expends net cash over a certain
Assignment Expert
period, usually a month
Business plan
Guru01 - Stuvia
Ans: A document that entrepreneurs use in detailing their business
concept as well as their company's overall strategic and financial
objectives
2026
Business model
©
Ans: A set of assumptions and hypotheses for the successful operation
of a business, including all activities associated with making and selling
something
Business Model Canvas
Ans: An entrepreneurial tool that enables entrepreneurs to test
hypotheses as they design, develop, articulate, challenge, invent, and
pivot their strategic business model
Bylaws
Ans: Written governing agreements established for the purpose of
defining how corporations will operate and be managed
Cash flow
ENTR5500 - Fundamentals Questions and Correct
Answers | Latest Update
Articles of Organization
Ans: Documentation filed with the Secretary of State which acts as a
charter to document the establishment and existence of a limited liability
company (LLC)
Assets
Ans: All financial resources that a corporation owns, including material
Assignment Expert
goods, equipment, intellectual property (such as patents or copyrights),
investments, cash, etc.
Guru01 - Stuvia
Balance sheet
Ans: A condensed financial statement showing the nature and amount
of a company's assets, liabilities, and capital (equity) on a given date
2026
B2B
©
Ans: Business to business; a company which sells a product or service
to other businesses
B2C
Ans: Business to consumer; a company which sells a product or service
directly to individual consumers
Board of directors
Ans: A group of people elected by the company's shareholders that
makes decisions on major company issues, including hiring/firing the
Chief Executive Officer
Bridge round
, 2 for specific request mail
Ans: A round of funding that comes between your seed round and your
full-blown Series A round, used to extend your runway as you prepare for
your Series A
Bootstrapping
Ans: Funding a company only by reinvesting initial profits; from
'pulling yourself up by your own bootstraps'
Burn rate
Ans: The rate at which a company expends net cash over a certain
Assignment Expert
period, usually a month
Business plan
Guru01 - Stuvia
Ans: A document that entrepreneurs use in detailing their business
concept as well as their company's overall strategic and financial
objectives
2026
Business model
©
Ans: A set of assumptions and hypotheses for the successful operation
of a business, including all activities associated with making and selling
something
Business Model Canvas
Ans: An entrepreneurial tool that enables entrepreneurs to test
hypotheses as they design, develop, articulate, challenge, invent, and
pivot their strategic business model
Bylaws
Ans: Written governing agreements established for the purpose of
defining how corporations will operate and be managed
Cash flow
