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When you make more than what you spend
What is Profit?
Working together
What is Partnership?
Promoting a business
What is Marketing?
When you to have something
What is Needs?
You wish but have this but you don't need it
What is Wants?
When you are working againist someone
What is Competition?
Person who purchases goods or services
Who is a Consumer?
Helping someone or doing work for someone
What is a Services?
Merchandise or possessions
What is Goods?
The process of controlling of people
What is Management?
Deals with hiring and firing of business
What is Human Resources?
Functioning or being active
What is a Operations?
The actions of keeping financial records
What is Accounting?
When you want to make a profit
What is Profit Motive?
A company or group that act as one by law
What is Corportation?
Allowing a group to do certain activities
What is Franchise?
Were a group makes no money off their services
What is Non-profit organization?
Owner has complete control over business
What is Sole proprietorship?
Using computers in your business
What is information technology?
Has facilities and assets in multiple countries
What is Multinational Corporation?