Marketing
What is the term for a strategy that involves promoting a product through a celebrity endorsement?
What is celebrity marketing?
What is the term for the difference between a company's total revenue and total expenses?
What is profit?
What is the term for a person who starts their own business?
What is an entrepreneur?
What is the term for the amount of a service that consumers are willing to purchase at a given price?
What is demand?
What does the acronym "SEO" stand for in digital marketing?
What is search engine optimization?
What does "ROI" stand for in financial analysis?
What is Return of investment?
What is a business plan?
What is a document outlining a business's goals and how to achieve them?
What is the economic principle that describes the relationship between supply and demand?
What is the law of supply and demand?
Which marketing strategy focuses on creating valuable content to attract and engage an audience?
What is content marketing?
What is the name of the financial statement that summarizes a company's assets, liabilities, and equity?
What is the balance sheet?
What is the name of the legal structure that limits the personal liability of business owners?
What is a limited liability company (LLC)?
What is the term for a market structure with many competitors selling similar products?
What is perfect competition?
What is the name of the pricing strategy where a product is sold at a low price to gain market share?
What is penetration pricing?
What is the primary purpose of a budget in business?
What is to plan and control financial resources?
What is the process of gathering funds to start a new business called?
What is fundraising?
What is the term for a sustained increase in the general price level of goods and services?
What is inflation?
What is the primary goal of a brand ambassador?
What is to promote and increase brand awareness?
What type of investment involves purchasing shares of a company?
What is Equity investment?
What is the term for a new business that is in the early stages of development?
What is a startup?
What is the economic term for a decline in economic activity across the economy?
What is a recession?