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2
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100
a sole proprietor, partnership, or corporation that creates and sells a product or service
What is a business?
100
money gained after expenses have been paid or the excess of the selling price of goods over their cost
What is profit?
100
rules or standards governing the conduct of a person or the members of a profession
What is ethics?
200
something produced by humans or machines
What is a product?
200
money paid to someone for the work they do
What is salary?
200
a written request for employment
What is a job application?
300
work done for others as an occupation or a business
What is a service?
300
money paid to use or occupy a space
What is rent?
300
the person that oversees the smooth operation of a business
What is a president?
400
money a company receives from selling a product or service
What is revenue?
400
this happens when expenses are more than the revenue
What is a loss?
400
the person who is responsible for making sure the product can be made easily and cheaply
What is a vice president of manufacturing?
500
a cost associated with operating a business
What is an expense?
500
name the profit equation
What is revenue - expenses = profit (or loss)
500
person who is responsible for making customers happy so they will buy the product
What is vice president of sale?
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