Who's Who in Business
Business Terms
Business Terms
100
The former co-founder of Microsoft and co-fonder of one of the world's largest charities.
Who is Bill Gates?
100
process of keeping financial accounts
What is accounting?
100
independent legal entity owned by share holders
What is a corporation?
200
The current chairman of the United States Federal Reserve.
Who is Ben Bernanke?
200
money available to invest or total of accumulated assets available for production
What is capital?
200
small family-run business
What is a Ma and Pa Shop?
300
According to Forbes in 2009, he is the world's second richest man, one of the most renown investors, and the current CEO of Berkshire Hathaway.
Who is Warren Buffet?
300
money owed
What is debt?
300
a governmental charge that is not a price for a good or service
What is tax?
400
The founder of the world's largest retailer.
Who is Sam Walton?
400
relating to legislative initiatives aimed at protecting trade and commerce from monopolies
What is an antitrust?
400
the condition of being unable to pay debts, with liabilities greater than assets
What is bankruptcy?
500
He is best known for his contributions to mass production and assembly lines, and his first car called the Quadricycle was produced in 1896.
Who is Henry Ford?
500
excess of liabilities over assets; a negative net worth
What is a deficit?
500
all goods and services produced
What is GDP?
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