Business Strategy
A company’s purpose
Mission Statement
Ownership in a company
Stock
A plan for income and expenses
Budget
A company’s identity
Brand
4
Number of children Mr. Anderson has
acronym for a strategic planning framework used to evaluate a business or project
SWOT Analysis
A loan to a company or government
A bond
Revenue minus expenses
Gathering customer and market data
Market Research
16
Year that Mr. Anderson is beginning to teach
What makes a company outperform rivals
Competitive Advantage
Spreading investments to reduce risk
Diversification
A financial statement that gives a snapshot of a company's assets, liabilities, and owner equity at a specific point in time
a numbers-based method used to collect and analyze measurable data such as percentages, frequencies, and statistics to understand consumer behavior and market trends
Quantitative market research
87
Number of students Mr. Anderson has taught drivers education to over the last year.
the entire network of people, companies, resources, and activities involved in creating and delivering a product from raw materials to the final consumer
Supply Chain
the process of earning interest on both your original money and the interest you already earned
Compounding
A financial document that tracks the exact amount of cash moving into and out of a business over a specific period
Cash Flow statement
the group of people a business wants to reach with its marketing messages
Target audience
#1
Ranking of the best college football team in the "The Ohio State Buckeyes"
the acronym for a strategic framework used to evaluate the external macro-environmental factors that can impact an organization's performance and long-term success
PESTEL
Difference between assets and liabilities
Net Worth or owners equity
This ratio reveals whether a company can meet short‑term obligations and maintain smooth day‑to‑day operations
Current Ratio
Acronym used that provides metrics that measure performance toward goals
KPIs
5
Number of years that Mr. Anderson has been the voice of the Spartans