Typically, cash and liquid assets
What is capital?
This kind of corporation reduces in individual's chance of receiving a lawsuit
What is a Limited Liability Corporation? (What is an LLC?)
This energy company was part of one of the largest financial scandals of all time
What is Enron?
A good or service
What is a product?
What is capacity?
This kind of organization is similar to a corporation, but does not necessarily produce revenue for shareholders
What is a non-profit?
"Emissionsgate" began in 2015 when the EPA stated that this car manufacturer had been cheating on emissions tests
What is Volkswagen?
Coupons are an example of this
What is a promotion?
One might do this to a target market when releasing a new product
What is capture?
Corporations must pay these on income, currently equaling 21 percent
What are taxes?
Larry King was one of those defrauded by Bernie Madoff in this kind of scheme
What is a ponzi scheme?
A grocery store shelf is an example of this 'P'
What is place?
U.S. presidents are meant to put their assets into these accounts, often used for beneficiaries of inheritance
What is a blind trust fund?
Insurance might pay out if a boat does this
What is capsize?
A benefit of incorporating is deducting these from taxes
What are losses? (What are business expenses?)
BP devastated this body of water when on oil rig exploded in 2010
What is the Gulf of Mexico?
Cost-plus is a strategy in this 'P'
What is price?
Giving up
What is capitulate?
This corporation passes income and losses through their shareholders
What is an S corp?
This scandal under President Harding involved leasing out land for oil drilling in federal land
What is the Teapot Dome scandal?
The four 'P's are marketer-controlled factors, as opposed to these
What are environmental factors?
This economic phenomenon, when one event is caused by a separate, seemingly unrelated event, is when a product sells better in a geographic area than the product's average
What is spillover-indexed