Knowledge Check: Chapters 9 \& 10 Quiz (20-Points) Chapter 9 1) identifies 'how' the company will earn income (from sales of goods \& services) and generate profits. COGS (cost of goods sold) Operating Profit Revenue Model Breakeven Analysis Question 2 2 pts 2) is the direct costs of producing a product/service such as materials, manufacturing, shipping, inventory and sales commissions. Revenue Model Operating Expenses COGS (cost of goods sold) Breakeven Analysis 3) is the process of raising funds for a new business venture from an audience, 'the crowd', typically through Internet platforms such as Kickstarter and Indiegogo. Bootstrapping Crowdfunding Crowdsourcing Sweat Equity Question 4 2 pts 4) is is the process of using Internet platforms such as iStockphoto, upwork and dribble to simplify, aggregate and/or manage tasks with skilled, enthusiastic people (outside of the company). Crowdsourcing Bootstrapping Crowdfunding Sweat Equity 5) For early-stage startups, entrepreneurs typically seek financial assistance from friends. fools. all of these people. family