Business Basics
An organization that provides goods or services to consumers is a...
Business
The process of sharing information between two or more people is called...
Communication
The process of promoting and selling products is called...
Marketing
A person who starts and runs their own business is called an...
Entrepreneur
A plan for managing income and expenses is called a...
Budget
We call the money a business makes after expenses...
Profit
Behavior that suggests that a person is attune to what a person is saying is called...
Active listening
An image that represents a business is called a...
Logo
A document that outlines a business's goals and how to achieve them is called a...
Business plan
A bank account used to put money aside and earn interest is called a...
Savings account
When a business has more expenses than income, it is called a...
Loss
The competence and skill expected of a professional or expert is called...
Professionalism
A video that advertises a business is called a...
A newly established business is often called a...
Startup
The cost of borrowing money or the earnings from savings is called...
Interest
A business that is separate and distinct from its owners is called a...
Corporation
Body language is a type of ______________ communication.
Non-verbal
A catchy phrase used to promote a product or business is called a...
Slogan
Introducing new ideas, products, or methods is called...
Innovation
A number that represents how trustworthy a person is to pay back their debt is called a...
Credit score
Target market
Giving a speech in front of your classmates is an example of _____________ speaking.
Gathering information about consumers' preferences and behaviors is called...
Market research
Money invested in a startup business in exchange for equity or ownership is called...
Venture capital
Costs that are constant from month to month are called ________ costs.
Fixed