Intro to Business
What is the primary goal of a business?
What type of financial product allows you to purchase a share of ownership in a corporation?
Stocks
A paid message used to promote a product or service.
Advertising
Money set aside for future emergencies.
Emergency Fund
A person who starts and runs their own business.
Entrepreneur
What does ROI stand for
Return on Investment
The group of customers a business wants to reach.
Target Market
A plan that tracks income and expenses.
Budget
The amount of money left after expenses are paid.
Profit
This concept refers to the increase in the general price level of goods and services in an economy over time.
Inflation
What are the 4 Ps of Marketing?
Product, Price, Place, Promotion
Money borrowed that must be repaid with interest.
Loan
In a SWOT analysis, what does the "T" stand for?
In the world of investing, what does the abbreviation "NYSE" stand for?
New York Stock Exchange
A company gives away free samples at a grocery store to encourage purchases.
Sales Promotion
What company owns the brands Doritos, Lay's, and Gatorade?
Pepsico
The point where a business's total revenue equals its total expenses.
Break Even
This term refers to a fixed-income security given by an investor to a borrower.
Bond
A sneaker company pays a famous athlete to wear its products in commercials.
What is a celebrity endorsement?
The type of retirement account where qualified withdrawals are tax-free in retirement.
What is a Roth IRA?