Accounting
The process of keeping track of a business' finances
What is Accounting?
A specific audience that a company hopes to sell its product.
What is a Target market?
refers to age, income, gender, ethnicity and marital status
What is demographics?
A law that protects workers from unfair practices of employers
FLSA
Connects to the modem and allows for devices to access a network, like the Internet.
Left side of the T-chart
What is a debit
A subgroup of a larger market that shares at least one characteristic or need.
What is a Market Segment?
CRM stands for
Customer Relationship Management
FLSA stands for
Fair Labor Standards Act of 1938
Connection points between the computer and a device
What are Ports?
Right side of the T-Chart
What is a credit?
This is like buying a business kit that already includes widespread name and brand recognition.
What is a Franchise?
refers to information about the places where people live
A binding agreement between parties that creates legally enforceable duties or obligations
Input devices, output devices, and input/output devices that are hooked up to a computer.
What is Peripherals?
Assets=Liabilities+Equity
What is the accounting equation?
a person who is willing to take a risk, usually a financial one, in the hunt for new business opportunities.
What is an Entrepreneur?
Name each of the “Four Ps
Product, Place, Price, Promotion
A civil (private) wrong, not arising out of contractual obligations, wrongdoings that are done by one party against another.
USB stands for
What is Universal Serial Bus?
Assets are recorded on this financial statement
What is a balance sheet?
Subway, Starbucks and Dunkin Donuts are examples of
What is a Franchise?
A document that lays out the details for how to focus marketing efforts on meeting the customers' needs and wants
What is a marketing plan?
Committed or omitted act in violation of law; case decision relies on definitions within law.
What is a crime?
Software that enables a peripheral and a computer to talk to each other
What is a Driver?