Vocabulary
Spo
100

What are goods?

A tangible product that a business produces and sells.

200

What is revenue?

Money collected from a business.
200

When was Stone Glacier founded

2012

300

What is an entrepreneur?

individual who accepts the risks and opportunities involved in creating and operating a new business.

400

What is a monopoly?

market or industry in which there is only one producer that can therefore set the prices of it products

400

January 2009

Spo joined Sitka

500

What is a Franchise?

arrangement in which a buyer purchases the right to sell the good or service of the seller.

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