Marketing
The subject in Marketing that creates movie trailers, commercials and billboards.
Advertising
Your official title of the leader in the company.
CEO Chief Executive Officer
True or False: A sole proprietorship is a simplest and most common structure chosen to start a business.
What is true?
A recent subset of Marketing that involves Instagram, Facebook, Snapchat, Tiktok, etc.
Social/Digital Media
Owning a company by yourself
Sole Proprietorship
What is eCommerce?
The group of customers most likely to purchase your product. It is the group of people toward whom a business directs its promotional efforts.
What is a Target Market?
When a company loses too much money and eventually closes up shop.
Bankruptcy
The quantity of a good or service that buyers are willing and able to buy at all possible prices during a certain time period.
What is DEMAND?
When people discuss a product's benefits with friends and family, causing them to buy the product.
Word of mouth Marketing
The #4th most successful startup company ever made 51 games which failed, almost went bankrupt, but eventually made a game for smart phones/devices that turned into a movie and netflix series.
A situation in which the quantity demanded is greater than the quantity supplied.
What is a SHORTAGE?
An increase in demand, and a decrease in supply will cause the price to do this.
Increase
The person who is held liable for all of the company's problems in a Sole Proprietorship
Sole proprietor, owner, ceo
A situation in which the quantity supplied is greater than the quantity demanded.
What is a surplus?